Merchandise trade in Bahamas
Bahamas: Merchandise trade was 35.6% in 2024. ◆ Volatile
Merchandise trade in Bahamas, 1960–2024
Source: World Trade Organization (WTO). Measured in % of GDP.
Analysis
The most recent figure for merchandise trade in Bahamas is 35.6%, measured in 2024.
Compared with earlier readings it is up 10.3% on the previous year and down 11.5% over ten years.
Over the whole period, merchandise trade in Bahamas peaked at 957.8% in 1977 and was at its lowest, 24.5%, in 2020.
Bahamas ranks 163rd of 204 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise trade in Bahamas, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 42.4% | — |
| 1961 | 48.9% | +15.4% |
| 1962 | 36.8% | -24.9% |
| 1963 | 37.5% | +1.9% |
| 1964 | 43.5% | +16.2% |
| 1965 | 41.3% | -5.1% |
| 1966 | 46.7% | +13.1% |
| 1967 | 48.7% | +4.3% |
| 1968 | 50.0% | +2.6% |
| 1969 | 64.8% | +29.5% |
| 1970 | 79.1% | +22.2% |
| 1971 | 135.7% | +71.4% |
| 1972 | 140.1% | +3.3% |
| 1973 | 192.9% | +37.6% |
| 1974 | 530.0% | +174.8% |
| 1975 | 873.0% | +64.7% |
| 1976 | 952.7% | +9.1% |
| 1977 | 957.8% | +0.5% |
| 1978 | 745.8% | -22.1% |
| 1979 | 640.5% | -14.1% |
| 1980 | 940.2% | +46.8% |
| 1981 | 944.5% | +0.5% |
| 1982 | 689.5% | -27.0% |
| 1983 | 495.5% | -28.1% |
| 1984 | 367.0% | -25.9% |
| 1985 | 250.2% | -31.8% |
| 1986 | 242.3% | -3.1% |
| 1987 | 213.8% | -11.8% |
| 1988 | 157.7% | -26.2% |
| 1989 | 183.7% | +16.5% |
| 1990 | 42.6% | -76.8% |
| 1991 | 42.3% | -0.8% |
| 1992 | 39.6% | -6.5% |
| 1993 | 36.1% | -8.8% |
| 1994 | 37.5% | +4.0% |
| 1995 | 41.4% | +10.3% |
| 1996 | 43.0% | +3.9% |
| 1997 | 28.5% | -33.7% |
| 1998 | 31.0% | +8.8% |
| 1999 | 28.3% | -8.5% |
| 2000 | 31.7% | +11.7% |
| 2001 | 27.7% | -12.5% |
| 2002 | 25.1% | -9.5% |
| 2003 | 25.2% | +0.6% |
| 2004 | 26.3% | +4.0% |
| 2005 | 30.5% | +16.0% |
| 2006 | 34.7% | +14.0% |
| 2007 | 35.5% | +2.3% |
| 2008 | 37.0% | +4.2% |
| 2009 | 32.9% | -11.1% |
| 2010 | 34.5% | +4.9% |
| 2011 | 41.1% | +19.1% |
| 2012 | 41.7% | +1.6% |
| 2013 | 39.9% | -4.5% |
| 2014 | 40.2% | +0.9% |
| 2015 | 30.5% | -24.3% |
| 2016 | 28.4% | -6.6% |
| 2017 | 31.3% | +10.2% |
| 2018 | 31.5% | +0.4% |
| 2019 | 29.1% | -7.7% |
| 2020 | 24.5% | -15.7% |
| 2021 | 33.4% | +36.5% |
| 2022 | 31.8% | -4.8% |
| 2023 | 32.2% | +1.2% |
| 2024 | 35.6% | +10.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 46.1% | 36.8% | 64.8% | 10 |
| 1970s | 524.8% | 79.1% | 957.8% | 10 |
| 1980s | 448.4% | 157.7% | 944.5% | 10 |
| 1990s | 37.0% | 28.3% | 43.0% | 10 |
| 2000s | 30.7% | 25.1% | 37.0% | 10 |
| 2010s | 34.8% | 28.4% | 41.7% | 10 |
| 2020s | 31.5% | 24.5% | 35.6% | 5 |
Countries ranked near Bahamas
- 160 Australia 36.0% compare
- 161 New Zealand 35.7% compare
- 162 Dominican Republic 35.6% compare
- 164 Japan 33.7% compare
- 165 Equatorial Guinea 33.5% compare
- 166 Nigeria 33.3% compare
More private sector data for Bahamas
- Food imports 20.0% (2024)
- Manufactures imports 61.1% (2024)
- Merchandise imports 5.52 billion current US$ (2025)
- Food exports 52.2% (2024)
- Manufactures exports 31.2% (2024)
- Merchandise exports 711.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 1,764 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0435 current US$ per US$ of GDP (2024)
- Merchandise exports (current US$), annual growth rate 3.19 % change on previous year (2025)
- Merchandise imports (current US$), per capita 13,696 current US$ per person (2025)
Frequently asked questions
- What is merchandise trade in Bahamas?
- Merchandise trade in Bahamas was 35.6% in 2024, according to World Trade Organization (WTO).
- What is the highest merchandise trade recorded in Bahamas?
- The highest recorded value was 957.8% in 1977.
- What is the lowest merchandise trade recorded in Bahamas?
- The lowest recorded value was 24.5% in 2020.
- How does Bahamas rank for merchandise trade?
- Bahamas ranks 163rd out of 204 countries with data for 2024.
- Is merchandise trade rising or falling in Bahamas?
- Over the last ten years it is down 11.5%. The long-run trend across the full record is volatile.
- Where does this Bahamas data come from?
- The figures come from World Trade Organization (WTO), published as part of Merchandise trade (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
General merchandise trade includes goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. It is the total of merchandise exports plus merchandise imports. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.