2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
 GDP
$12.9BCURRENT US$
Rnk 139 / 186
2012-2022
Flag
GDP GROWTH
20.3%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC
$31,458CURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP PC GROWTH
12.1%CURRENT US$
Rnk 109 / 186

About

Italy-Bahamas In 2022, Italy exported $134M to Bahamas. The main products that Italy exported to Bahamas are Refined Petroleum ($110M), Iron Structures ($3.59M), and Wine ($2.36M). During the last 27 years the exports of Italy to Bahamas have increased at an annualized rate of 9.98%, from $10.3M in 1995 to $134M in 2022.

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

Bahamas-Italy In 2022, Bahamas exported $1.77M to Italy. The main products that Bahamas exported to Italy were Hard Liquor ($601k), Perfume Plants ($594k), and Other Inedible Animal Products ($121k). During the last 27 years the exports of Bahamas to Italy have decreased at an annualized rate of 8.17%, from $17.7M in 1995 to $1.77M in 2022.

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

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29),  and 7 in total exports ($634B). 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
Value

In 2022, Italy exported $134M to Bahamas. The main products exported from Italy to Bahamas were Refined Petroleum ($110M), Iron Structures ($3.59M), and Wine ($2.36M). During the last 27 years the exports of Italy to Bahamas have increased at an annualized rate of 9.98%, from $10.3M in 1995 to $134M in 2022.

In 2022, Bahamas exported $1.77M to Italy. The main products exported from Bahamas to Italy were Hard Liquor ($601k), Perfume Plants ($594k), and Other Inedible Animal Products ($121k). During the last 27 years the exports of Bahamas to Italy have decreased at an annualized rate of 8.17%, from $17.7M in 1995 to $1.77M in 2022.

Exports from Italy (Flag) to Bahamas (Flag) (2022)

Exports from Bahamas (Flag) to Italy (Flag) (2022)

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
Bahamas
Top Destination
United States$1.4B

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

In 2021, countries that imported more from Italy than Bahamas were Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2021, countries that imported more from Bahamas than Italy were Cote d'Ivoire ($576M) and Barbados ($30M).

Difference in imports from Bahamas (Flag) and Italy (Flag) (2022)

Comparative Advantage Italy - Bahamas

Flow
Scale

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

During 2022, Italy had a large net trade with Bahamas in the exports of Mineral Products ($110M), Metals ($4.72M), and Machines ($3.51M).

During 2022, Bahamas had a large net trade with Italy in the exports of Foodstuffs ($601k), Vegetable Products ($594k), and Precious Metals ($141k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Italy has comparative advantage over Bahamas. Similarly, the more yellow a dot/product is, the more Bahamas has comparative advantage over Italy.

Product Space of Italy (Flag) and Bahamas (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with