Bahamas recorded a trade deficit of 635.10 BSD Million in the second quarter of 2018. Balance of Trade in Bahamas averaged -512.26 BSD Million from 2002 until 2018, reaching an all time high of -251.40 BSD Million in the third quarter of 2002 and a record low of -697.10 BSD Million in the fourth quarter of 2014.

Balance of Trade in Bahamas is expected to be -627.22 BSD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Bahamas to stand at -598.40 in 12 months time. In the long-term, the Bahamas Balance of Trade is projected to trend around -610.39 BSD Million in 2020, according to our econometric models.

Bahamas Balance of Trade
Forecast Data Chart
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Bahamas Trade Last Previous Highest Lowest Unit
Balance of Trade -635.10 -624.60 -251.40 -697.10 BSD Million [+]
Current Account -730.60 -452.10 -49.20 -730.60 BSD Million [+]
Current Account to GDP -16.40 -7.70 5.60 -20.20 percent [+]
Imports 842.40 747.10 907.50 373.30 BSD Million [+]
Exports 207.30 122.50 263.60 90.00 BSD Million [+]
Tourist Arrivals 516.00 602.50 707.50 150.30 Thousand [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category

Bahamas Balance of Trade

The Bahamas is heavily dependent on food imports from the United States, resulting in consistent trade deficits. The Bahamas mainly exports fuel, boats, beverages, polymers, shellfish, cyclic compounds, paintings, oil and pebbles. The Bahamas mainly imports boats, fuel, oil, paintings, iron and steel, vehicles and furniture. The Bahamas’ main trading partner is the United States, accounting for around 80 percent of total trade. Others include Venezuela, Netherlands Antilles, Trinidad and Tobago, Canada and Germany. This page provides - Bahamas Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bahamas Balance of Trade - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-635.10 -624.60 -251.40 -697.10 2002 - 2018 BSD Million Quarterly

Country Last Previous
Argentina 979.00 Nov/18
Australia 1925.00 Nov/18
Brazil 6639.00 Dec/18
Canada -2060.10 Nov/18
China 570.60 Dec/18
Euro Area 18967.90 Nov/18
France -5099.00 Nov/18
Germany 20500.00 Nov/18
India -13080.00 Dec/18
Indonesia -1102.00 Dec/18
Italy 3843.00 Nov/18
Japan -737.30 Nov/18
Mexico -2382.00 Nov/18
Netherlands 6983.00 Nov/18
Russia 18984.00 Nov/18
Saudi Arabia 184673.00 Sep/18
Singapore 1943.12 Dec/18
South Africa 3494.40 Nov/18
South Korea 4558.00 Dec/18
Spain -3836500.00 Oct/18
Switzerland 3071.48 Nov/18
Turkey -651.36 Nov/18
United Kingdom -2904.00 Nov/18
United States -55488.00 Oct/18