Bahamas

In 2013, the value of merchandise exports of the Bahamas decreased slightly by 2.1 percent to reach 811.5 mln US$, while its merchandise imports decreased moderately by 7.7 percent to reach 3.4 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a large deficit of 2.6 bln US$ (see graph 1). The largest merchandise trade balance was with MDG Developed North America at -2.3 bln US$ (see graph 4). Merchandise exports in the Bahamas were highly concentrated amongst partners; imports were also highly concentrated. One partner accounted for 80 percent or more of exports and 1 partner accounted for 80 percent or more of imports (see graph 5). In 2012, the value of exports of services of the Bahamas increased moderately by 5.2 percent, reaching 2.8 bln US$, while its imports of services increased substantially by 19.0 percent and reached 1.5 bln US$ (see graph 2). There was a moderate trade in services surplus of 1.2 bln US$.

Related Subject(s): International Trade and Finance

Countries: Bahamas