Bahamas Balance of Trade2022 Data - 2023 Forecast - 2002-2021 Historical - Chart

Name: Bahamas Balance of Trade
Creator: TRADING ECONOMICS
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Keywords: Bahamas,Balance of Trade,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Bahamas recorded a trade deficit of 662.10 BSD Million in the fourth quarter of 2021. source: Central Bank of The Bahamas

Balance of Trade in Bahamas averaged -522.92 BSD Million from 2002 until 2021, reaching an all time high of -251.40 BSD Million in the third quarter of 2002 and a record low of -782 BSD Million in the second quarter of 2018. This page provides - Bahamas Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bahamas Balance of Trade - values, historical data and charts - was last updated on June of 2022.

Balance of Trade in Bahamas is expected to be -615.00 BSD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bahamas Balance of Trade is projected to trend around -607.00 BSD Million in 2023, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Balance of Trade	-662.10	-687.30	BSD Million	Dec 2021
Current Account	-575.10	-349.20	BSD Million	Dec 2021
Imports	827.80	844.90	BSD Million	Dec 2021
Exports	165.70	157.60	BSD Million	Dec 2021
Tourist Arrivals	312.20	500.81	Thousand	Jan 2022

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.