North Korea (PRK) and Bahamas (BHS) Trade | The Observatory of Economic Complexity

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North Korea-Bahamas Trade: In 2022, North Korea exported $221k to Bahamas. The main products that North Korea exported to Bahamas were Excavation Machinery ($90.4k), Electric Batteries ($61.4k), and Cars ($46.3k). Over the past 6 years the exports of North Korea to Bahamas have increased at an annualized rate of 4.55%, from $169k in 2016 to $221k in 2022.

In 2022, North Korea did not export any services to Bahamas.

Bahamas-North Korea Trade: In 2022, Bahamas exported $25k to North Korea. The main products that Bahamas exported to North Korea were N/A. Over the past 6 years the exports of Bahamas to North Korea have decreased at an annualized rate of 16.2%, from $60.4k in 2016 to $25k in 2022.

In 2022, Bahamas did not export any services to North Korea.

Comparison In 2022, North Korea ranked 182 in total exports ($248M). That same year, Bahamas ranked 139 in total exports ($2.83B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, North Korea exported $221k to Bahamas. The main products exported from North Korea to Bahamas were Excavation Machinery ($90.4k), Electric Batteries ($61.4k), and Cars ($46.3k). During the last 6 years the exports of North Korea to Bahamas have increased at an annualized rate of 4.55%, from $169k in 2016 to $221k in 2022.

In 2013, Bahamas exported $25k to North Korea. There were not main exports from Bahamas to North Korea in 2013. During the last 5 years the exports of Bahamas to North Korea have decreased at an annualized rate of 16.2%, from $60.4k in 2018 to $25k in 2013.

Exports from North Korea () to Bahamas () (2022)

Exports from Bahamas () to North Korea () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Korea
Top DestinationChina$131M

Bahamas
Top DestinationUnited States$1.4B

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

In 2022, countries that imported more from North Korea than Bahamas included China ($131M), Senegal ($26.9M), and Nigeria ($14M).

In 2022, countries that imported more from Bahamas than North Korea included United States ($1.4B), Cote d'Ivoire ($576M), and Germany ($255M).

Difference in imports from Bahamas () and North Korea () (2022)

Comparative Advantage North Korea - Bahamas

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, North Korea had a large net trade with Bahamas in the exports of Machines ($161k), Transportation ($46.3k), and Paper Goods ($5.94k).

During 2013, Bahamas had a large net trade with North Korea in the exports of .

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 North Korea and Bahamas. This means that a dot/product with the flag of North Korea indicates it has a comparative advantage over Bahamas. Similarly, a dot/product with the flag of Bahamas indicates it has a comparative advantage over North Korea.

About

Historical Data

Bilateral Trade by Products

Exports from North Korea () to Bahamas () (2022)

Exports from Bahamas () to North Korea () (2022)

Market Competitiveness

Difference in imports from Bahamas () and North Korea () (2022)

Comparative Advantage North Korea - Bahamas

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of North Korea () and Bahamas () (2022)

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