Singapore (SGP) and Bahamas (BHS) Trade | The Observatory of Economic Complexity

About

Singapore-Bahamas Trade: In 2022, Singapore exported $20.8M to Bahamas. The main products that Singapore exported to Bahamas were Other Electrical Machinery ($11.5M), Passenger and Cargo Ships ($6.91M), and Cars ($1.14M). Over the past 5 years the exports of Singapore to Bahamas have increased at an annualized rate of 52.6%, from $2.51M in 2017 to $20.8M in 2022.

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

Bahamas-Singapore Trade: In 2022, Bahamas exported $9.53M to Singapore. The main products that Bahamas exported to Singapore were Refined Petroleum ($9.36M), Spark-Ignition Engines ($50k), and Additive manufacturing machines ($43.2k). Over the past 5 years the exports of Bahamas to Singapore have increased at an annualized rate of 13.2%, from $2.45M in 2017 to $9.53M in 2022.

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

Comparison In 2022, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). That same year, Bahamas ranked 139 in total exports ($2.83B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Singapore exported $20.8M to Bahamas. The main products exported from Singapore to Bahamas were Other Electrical Machinery ($11.5M), Passenger and Cargo Ships ($6.91M), and Cars ($1.14M). During the last 5 years the exports of Singapore to Bahamas have increased at an annualized rate of 52.6%, from $2.51M in 2017 to $20.8M in 2022.

In 2017, Bahamas exported $9.53M to Singapore. The main products exported from Bahamas to Singapore were Refined Petroleum ($9.36M), Spark-Ignition Engines ($50k), and Additive manufacturing machines ($43.2k). During the last 5 years the exports of Bahamas to Singapore have increased at an annualized rate of 13.2%, from $2.45M in 2022 to $9.53M in 2017.

Exports from Singapore () to Bahamas () (2022)

Exports from Bahamas () to Singapore () (2022)

Latest Data

Trade between Singapore () and Bahamas ()

Singapore Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Singapore
Top DestinationHong Kong$51.6B

Bahamas
Top DestinationUnited States$1.4B

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

In 2022, countries that imported more from Singapore than Bahamas included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2022, countries that imported more from Bahamas than Singapore included Cote d'Ivoire ($576M), Barbados ($30M), and Jamaica ($20.6M).

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

Comparative Advantage Singapore - Bahamas

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Singapore had a large net trade with Bahamas in the exports of Machines ($12M), Transportation ($8.11M), and Chemical Products ($327k).

During 2017, Bahamas had a large net trade with Singapore in the exports of Mineral Products ($9.36M), Machines ($132k), and Plastics and Rubbers ($8.08k).

Potential Exports

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Singapore () to Bahamas () (2022)

Exports from Bahamas () to Singapore () (2022)

Latest Data

Trade between Singapore () and Bahamas ()

Singapore Exports

Market Competitiveness

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

Comparative Advantage Singapore - Bahamas

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring