Bahamas (BHS) and Philippines (PHL) Trade | The Observatory of Economic Complexity

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Bahamas-Philippines Trade: In 2022, Bahamas exported $1.83k to Philippines. The main products that Bahamas exported to Philippines were Computers ($1.02k), Motor vehicles; parts and accessories (8701 to 8705) ($665), and Iron Fasteners ($141). Over the past 6 years the exports of Bahamas to Philippines have decreased at an annualized rate of 70.7%, from $2.87M in 2016 to $1.83k in 2022.

In 2022, Bahamas did not export any services to Philippines.

Philippines-Bahamas Trade: In 2022, Philippines exported $877k to Bahamas. The main products that Philippines exported to Bahamas were Processed Fish ($682k), Electrical Transformers ($156k), and Electric Batteries ($12.8k). Over the past 6 years the exports of Philippines to Bahamas have increased at an annualized rate of 2.09%, from $791k in 2016 to $877k in 2022.

In 2022, Philippines did not export any services to Bahamas.

Comparison In 2022, Bahamas ranked 139 in total exports ($2.83B), and does not have data regarding Economic Complexity Index. That same year, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bahamas exported $1.83k to Philippines. The main products exported from Bahamas to Philippines were Computers ($1.02k), Motor vehicles; parts and accessories (8701 to 8705) ($665), and Iron Fasteners ($141). During the last 6 years the exports of Bahamas to Philippines have decreased at an annualized rate of 70.7%, from $2.87M in 2016 to $1.83k in 2022.

In 2017, Philippines exported $877k to Bahamas. The main products exported from Philippines to Bahamas were Processed Fish ($682k), Electrical Transformers ($156k), and Electric Batteries ($12.8k). During the last 5 years the exports of Philippines to Bahamas have increased at an annualized rate of 2.09%, from $791k in 2022 to $877k in 2017.

Exports from Bahamas () to Philippines () (2022)

Exports from Philippines () to Bahamas () (2022)

Latest Data

Trade between Bahamas () and Philippines ()

Philippines Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bahamas
Top DestinationUnited States$1.4B

Philippines
Top DestinationUnited States$15.5B

This map shows whether countries import more from Bahamas or Philippines. Each country is colored based on the difference in imports they receive from Bahamas and Philippines or the difference in the growth in imports.

In 2022, countries that imported more from Bahamas than Philippines included Cote d'Ivoire ($576M), Barbados ($30M), and Guatemala ($42.2M).

In 2022, countries that imported more from Philippines than Bahamas included China ($15.3B), United States ($15.5B), and Hong Kong ($12.6B).

Difference in imports from Philippines () and Bahamas () (2022)

Comparative Advantage Bahamas - Philippines

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Bahamas and Philippines by product, considering products traded by both, Bahamas and Philippines.

During 2022, Bahamas had a large net trade with Philippines in the exports of Machines ($1.02k), Transportation ($665), and Metals ($141).

During 2017, Philippines had a large net trade with Bahamas in the exports of Foodstuffs ($682k), Machines ($184k), and Textiles ($2.71k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Bahamas and Philippines. This means that a dot/product with the flag of Bahamas indicates it has a comparative advantage over Philippines. Similarly, a dot/product with the flag of Philippines indicates it has a comparative advantage over Bahamas.

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Historical Data

Bilateral Trade by Products

Exports from Bahamas () to Philippines () (2022)

Exports from Philippines () to Bahamas () (2022)

Latest Data

Trade between Bahamas () and Philippines ()

Philippines Exports

Market Competitiveness

Difference in imports from Philippines () and Bahamas () (2022)

Comparative Advantage Bahamas - Philippines

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bahamas () and Philippines () (2022)

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