Bahamas, The: Merchandise exports by the reporting economy (current US$)

Key figures

What the numbers say

In 2023, Bahamas, The's merchandise exports by the reporting economy (current US$) rose 13.8% on 2022 (from US$955.76 million to US$1.09 billion).

Across the 30 yearly changes before that (1993 to 2022), the average change was +14.3% and a typical year strayed about 64.9% from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 209.1% in 1971 and the biggest yearly fall was 72.7% in 2015. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 there is no clear straight-line trend: a straight line explains 9% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2023, Bahamas, The had the 149th highest value of the 205 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Bahamas, The in the 2023 ranking

• Togo — 145th of 205: US$1.46 billion
• Tajikistan — 146th of 205: US$1.31 billion
• Nepal — 147th of 205: US$1.21 billion
• Macao SAR, China — 149th of 205: US$1.08 billion
• Benin — 150th of 205: US$1.05 billion
• Greenland — 151st of 205: US$1.01 billion

What this measures

Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.

Regional and income-group figures are computed by the World Bank as a sum.

All 62 values

Merchandise exports by the reporting economy (current US$) in nearby economies

• Antigua and Barbuda — US$71.33 million (2023)
• Argentina — US$65.24 billion (2023)
• Aruba — US$109.76 million (2023)
• Barbados — US$320.52 million (2023)
• Belize — US$252.98 million (2023)
• Bolivia — US$10.81 billion (2023)
• Brazil — US$339.27 billion (2023)
• Chile — US$94.03 billion (2023)
• Colombia — US$48.95 billion (2023)

More private sector & trade data for Bahamas, The

• Merchandise imports (current US$) — US$5.52 billion (2025)
• Merchandise exports (current US$) — US$711 million (2025)
• Merchandise trade (% of GDP) — 35.58% (2024)
• Merchandise exports to high-income economies (% of total merchandise exports) — 52.12% (2023)
• Merchandise exports by the reporting economy, residual (% of total merchandise exports) — 0% (2023)
• Merchandise imports from high-income economies (% of total merchandise imports) — 93.55% (2023)
• Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) — 3.86% (2023)
• Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)

Reading data like this

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Questions people ask

What is Bahamas, The's merchandise exports by the reporting economy (current US$)?

US$1.09 billion in 2023, according to the World Bank (World Development Indicators).

How has it changed since 1962?

It is up 12,116% from US$8.9 million in 1962 (8.2% a year on average, compounded). The highest value was US$6.08 billion in 1981 and the lowest US$8.9 million in 1962.

How does Bahamas, The rank?

149th highest of 205 economies with data for 2023.

Is the latest change in merchandise exports by the reporting economy (current US$) unusual for Bahamas, The?

In 2023, Bahamas, The's merchandise exports by the reporting economy (current US$) rose 13.8% on 2022 (from US$955.76 million to US$1.09 billion). Across the 30 yearly changes before that (1993 to 2022), the average change was +14.3% and a typical year strayed about 64.9% from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator TX.VAL.MRCH.WL.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Direction of Trade database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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