Bahamas trade in goods in 2023

Mondo Tourism Updated on 2024-02-20

According to the Bahamas Bureau of Statistics, in 2023, the total value of goods in the Bahamas is 48$8.8 billion, a year-on-year increase of 1044%: Among them, the import value is 41$8.7 billion, a year-on-year increase of 904%;Export ** amount 70.1 billion US dollars (including 1.0 billion for local exports.)$4.3 billion, re-exported 5$3.6 billion), a year-on-year increase of 1962%。*The deficit is 34$8.6 billion, an increase of 2$3.2 billion, an increase of 713%。

First, the structure and product situation.

a) Imports. Imports of more than 100 million US dollars are: machinery and transport equipment (87.5 billion US dollars, accounting for 209%), food and live animals (76.1 billion US dollars, accounting for 1818%), fossil fuels, lubricants and related materials (62.5 billion US dollars, accounting for 1493%), miscellaneous manufactured goods (6.).0.5 billion US dollars, accounting for 1445%), finished products classified by material (56.4 billion US dollars, accounting for 1347%)。

b) Exports. Local exports of more than US$10 million were: food and live animals (0.).US$6.8 billion, accounting for 41 percent of local exports13%), crude minerals other than fuel (0.US$4.4 billion, accounting for 26 percent of local exports7%), chemicals (0US$3.9 billion, accounting for 23 percent of local exports7%), finished products classified by material (0.US$1.2 billion, accounting for 755%)。In addition, fossil fuels, lubricants and related materials, animal and vegetable oils and fats are missing.

Re-exports amounting to more than 10 million US dollars are: machinery and equipment (1US$800 million, accounting for 33 percent of re-exports52%), fossil fuels, lubricants and related materials (1US$7.3 billion, accounting for 32.2 billion of reexports17%), finished products by material (14.9 billion US dollars, accounting for 27 percent of the re-export value84%), miscellaneous manufactured goods (0.2.4 billion US dollars, accounting for 454%)。Beverages and tobacco are missing.

Second, the situation of partners.

According to the classification of ** partners by the Pakistan Bureau of Statistics, the largest ** partner of Pakistan is the United States, with a bilateral ** amount of 406.6 billion US dollars, accounting for 83 percent of the total cargo** in Pakistan2% (import value 35.)0.4 billion US dollars, export value of 56.2 billion US dollars, both ranked first), followed by the European Union, ** 1US$0.3 billion; CARICOM, ** Amount 0US$3.3 billion; Canada, ** amount 0$3.2 billion; United Kingdom, **Amount 0US$2.3 billion; OPEC countries, ** $1.82 million. with other countries** amount 62.9 billion US dollars, of which the import value is 49.4 billion US dollars, with an export value of 1$3.5 billion, with China** situation is included under other countries.

a) Imports. According to the import value (total 488.8 billion US dollars) large and small importing countries are: the United States (350.4 billion US dollars, accounting for 8369%), the European Union (10.1 billion US dollars, accounting for 241%), CARICOM (0.).US$3.2 billion, accounting for 076%), Canada (0US$3.1 billion, accounting for 074%), the United Kingdom (0.).2.3 billion US dollars, accounting for 055%), OPEC countries (00.2 billion US dollars, accounting for 005%)。Imports from other countries49.4 billion US dollars, accounting for 11% of total imports8%。

b) Exports. According to the export value (total 7.0.1 billion US dollars) export target countries are: the United States (56.2 billion US dollars, accounting for 80 percent of exports17%)), the European Union (US$1.86 million, accounting for 029%), CARICOM (US$1.12 million, 014%)), Canada (US$440,000, accounting for 006%)), the United Kingdom (200,000 US dollars, accounting for 003%)。Exports to other countries13.5 billion US dollars, accounting for 19 percent of total exports26%。

c) the situation of goods with China.

According to China Customs data, in 2023, the total amount of goods between China and Pakistan will be 493.8 billion US dollars, a year-on-year increase of 228%, of which, I export 4 to Pakistan$93.3 billion (fossil fuels 1.)$4.5 billion, ship 10.5 billion US dollars, 70 million US dollars for machinery and equipment, and 57 million US dollars for steel products), an increase of 254%;Imports from Pakistan are $500,000 ($240,000 for coral and carapace, $12.02 for art$50,000, 12 for clothing$50,000), a decrease of 943%。Based on the current data released by the two countries, in 2023, China will continue to be the second largest importer and second largest partner of the Bahamas.

3. Arrival of imported goods.

From the perspective of the arrival of imported goods, the top eight local ports accounting for more than 1% of the import value are new providence (29.).9.2 billion US dollars, accounting for 7146%)、grand bahama(5.2.3 billion US dollars, accounting for 1249%)、abaco(2.1.2 billion US dollars, accounting for 505%)、eleuthera(1.3.9 billion US dollars, accounting for 331%)、great harbor cay(0.8.8 billion US dollars, accounting for 209%)、exuma(0.800 million US dollars, accounting for 192%)、andros(0.5.3 billion US dollars, accounting for 126%)、bimini(0.4.3 billion US dollars, accounting for 102%)。

*: Economic and Trade Window of the Embassy in the Bahamas.

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