Bahamas, The: Ores and metals exports (% of merchandise exports)

Key figures

What the numbers say

In 2024, Bahamas, The's ores and metals exports (% of merchandise exports) fell 9.72 percentage points on 2023 (from 25.77% to 16.05%).

Across the 30 yearly changes before that (1984 to 2023), the average change was +0.03 percentage points and a typical year strayed about 4.78 percentage points from that (the standard deviation). This year's change was 2.0 standard deviations below that average, so it was unusually large compared with the rest of the record.

On record, the biggest yearly rise was 16.37 percentage points in 2022 and the biggest yearly fall was 11.02 percentage points in 1998. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 the straight-line trend is upward, about 1.93 percentage points a year. A straight line explains 46% of the movement over 10 observed years.

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

How it compares

In 2024, Bahamas, The had the 10th highest value of the 36 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 2024 ranking

• Mauritania — 6th of 36: 33.75%
• Madagascar — 7th of 36: 32.86%
• Namibia — 8th of 36: 32.29%
• Seychelles — 10th of 36: 13.72%
• Lebanon — 11th of 36: 9.34%
• Jordan — 12th of 36: 8.5%

What this measures

Ores and metals comprise the commodities in SITC (Rev. 3) sections 27 (crude fertilizer, minerals nes); 28 (metalliferous ores, scrap); and 68 (non-ferrous metals). Exports of services are services provided by residents to non-residents. This indicator is expressed as a percentage of merchandise exports which is comprised of 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.

Limitations: Previous editions contained data based on the SITC revision 1. Data for earlier years in previous editions may differ because of the change in methodology. Concordance tables are available to convert data reported in one system to another.

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

All 39 values

Ores and metals exports (% of merchandise exports) in nearby economies

• Antigua and Barbuda — 0.48% (2024)
• Argentina — 0.11% (2025)
• Aruba — 6.77% (2023)
• Barbados — 8.52% (2025)
• Belize — 0.58% (2025)
• Bolivia — 46.56% (2025)
• Brazil — 12.21% (2025)
• Chile — 58.59% (2025)
• Colombia — 3.28% (2025)
• Costa Rica

More private sector & trade data for Bahamas, The

• Merchandise imports (current US$) — US$5.52 billion (2025)
• Merchandise exports (current US$) — US$711 million (2025)
• Merchandise trade (% of GDP) — 35.58% (2024)
• Merchandise exports to high-income economies (% of total merchandise exports) — 52.12% (2023)
• Merchandise exports by the reporting economy, residual (% of total merchandise exports) — 0% (2023)
• Merchandise exports by the reporting economy (current US$) — US$1.09 billion (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)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Bahamas, The's ores and metals exports (% of merchandise exports)?

16.05% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1974?

It is up 15.3 percentage points from 0.75% in 1974. The highest value was 27.16% in 1997 and the lowest 0.32% in 1980.

How does Bahamas, The rank?

10th highest of 36 economies with data for 2024.

Is the latest change in ores and metals exports (% of merchandise exports) unusual for Bahamas, The?

In 2024, Bahamas, The's ores and metals exports (% of merchandise exports) fell 9.72 percentage points on 2023 (from 25.77% to 16.05%). Across the 30 yearly changes before that (1984 to 2023), the average change was +0.03 percentage points and a typical year strayed about 4.78 percentage points from that (the standard deviation). This year's change was 2.0 standard deviations below that average, so it was unusually large compared with the rest of the record.

Source

World Bank, World Development Indicators, indicator TX.VAL.MMTL.ZS.UN, licensed CC BY 4.0. Original source: Comtrade database, United Nations (UN), publisher: UN Statistics Division; World Integrated Trade Solution system (WITS); Staff estimates, World Bank (WB) 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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