US trade with Bahamas in the first half of 2017

Published or Updated: Oct 21, 2017

The report on US foreign trade in goods with Bahamas in the first half of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Bahamas

In the first half of 2017, US trade with Bahamas totaled $1,659.3 million, up 37.29% ($450.7 million) from the first half of 2016.

US exports to Bahamas in the first half of 2017 totaled $1,427.8 million, up 36.85% ($384.4 million) from the first half of 2016.

US imports from Bahamas in the first half of 2017 totaled $231.5 million, up 40.11% ($66.3 million) from the first half of 2016.

US trade surplus with Bahamas in the first half of 2017 was $1,196.3 million, a 36.23% increase ($318.2 million) over the first half of 2016.

Bahamas was the US 66th largest trading partner in the first half of 2017 (up from 71st in the first half of 2016), accounting for 0.0862% of US total trade (up from 0.0671% in the first half of 2016).

Bahamas was the US 52nd largest export market in the first half of 2017 (up from 55th in the first half of 2016), accounting for 0.1886% of US total exports (up from 0.1467% in the first half of 2016).

Bahamas was the US 90th largest supplier in the first half of 2017 (up from 96th in the first half of 2016), accounting for 0.0198% of US total imports (up from 0.0152% in the first half of 2016).

US Exports to Bahamas

The major share of US exports to Bahamas in the first half of 2017 (and in the first half of 2016) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 36.56% of US total exports to Bahamas (31.85% in the first half of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 16.55% of US total exports to Bahamas (16.91% in the first half of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 10.00% of US total exports to Bahamas (13.46% in the first half of 2016);
  • Chemical products (HS codes 28-40) - 8.03% of US total exports to Bahamas (8.81% in the first half of 2016);
  • Metals and products from them (HS codes 72-83) - 5.30% of US total exports to Bahamas (4.78% in the first half of 2016);
  • Wood and wood products (HS codes 44-49) - 3.55% of US total exports to Bahamas (3.91% in the first half of 2016);
  • Precious metals and stones (HS code 71) - 1.52% of US total exports to Bahamas (1.61% in the first half of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.27% of US total exports to Bahamas (1.58% in the first half of 2016).

The largest gains in US exports to Bahamas in the first half of 2017 over the first half of 2016 were recorded for the following product groups:

  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $189.4 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $23.3 million;
  • Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings (HS code 94) - an increase of $17.3 million;
  • Organic chemicals (HS code 29) - an increase of $14.9 million;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - an increase of $13.7 million;
  • Articles of iron or steel (HS code 73) - an increase of $13.4 million;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - an increase of $13.1 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $11.6 million;
  • Ships, boats and floating structures (HS code 89) - an increase of $10.0 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $8.8 million;
  • Aluminum and articles thereof (HS code 76) - an increase of $5.6 million;
  • Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin (HS code 71) - an increase of $5.0 million;
  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - an increase of $4.6 million.

The largest declines in US exports to Bahamas in the first half of 2017 over the first half of 2016 were recorded for the following product groups:

  • No product groups with a substantial decrease.
US exports to Bahamas in the first half of 2017 by product groups
HS
code
Name of product group Value
of exports
in first-half 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in first-half 2016
(USD thousand)
Change
in first-half 2017
over first-half 2016
(%)
01 Live animals 120.9 0.01 202.2-40.19
02 Meat and edible meat offal 30,268.1 2.12 27,397.310.48
03 Fish and crustaceans, molluscs and other aquatic invertebrates 2,744.8 0.19 3,743.3-26.67
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 9,226.7 0.65 9,116.11.21
05 Products of animal origin, not elsewhere specified or included 5.8 0.00 30.5-81.01
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 5,061.9 0.35 1,891.6167.61
07 Edible vegetables and certain roots and tubers 5,436.6 0.38 6,309.0-13.83
08 Edible fruit and nuts; peel of citrus fruit or melons 6,746.4 0.47 6,077.811.00
09 Coffee, tea, maté and spices 3,242.5 0.23 2,363.337.20
10 Cereals 3,021.6 0.21 3,252.5-7.10
11 Products of the milling industry; malt; starches; inulin; wheat gluten 1,916.9 0.13 1,894.01.21
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 301.4 0.02 400.6-24.77
13 Lac; gums, resins and other vegetable saps and extracts 173.0 0.01 63.0174.46
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 419.9 0.03 7.55,523.81
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 4,186.2 0.29 3,955.05.85
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 4,796.3 0.34 5,403.9-11.24
17 Sugars and sugar confectionery 1,686.1 0.12 1,480.413.90
18 Cocoa and cocoa preparations 1,353.0 0.09 1,507.5-10.25
19 Preparations of cereals, flour, starch or milk; bakers’ wares 16,540.9 1.16 17,838.1-7.27
20 Preparations of vegetables, fruit, nuts or other parts of plants 9,104.3 0.64 9,359.8-2.73
21 Miscellaneous edible preparations 13,304.9 0.93 14,648.4-9.17
22 Beverages, spirits and vinegar 19,213.6 1.35 19,264.3-0.26
23 Residues and waste from the food industries; prepared animal feed 3,178.5 0.22 3,490.3-8.94
24 Tobacco and manufactured tobacco substitutes 672.1 0.05 740.6-9.25
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 6,761.0 0.47 6,411.65.45
26 Ores, slag and ash 28.6 0.00 109.1-73.80
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 515,255.0 36.09 325,821.758.14
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 3,147.5 0.22 2,821.611.55
29 Organic chemicals 41,075.9 2.88 26,138.057.15
30 Pharmaceutical products 4,397.1 0.31 3,915.512.30
31 Fertilizers 1,187.3 0.08 986.920.30
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 10,026.5 0.70 9,314.47.65
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 8,743.6 0.61 7,314.319.54
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 8,008.4 0.56 8,642.3-7.33
35 Albuminoidal substances; modified starches; glues; enzymes 973.5 0.07 474.0105.36
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 363.5 0.03 90.6301.23
37 Photographic or cinematographic goods 95.5 0.01 89.96.26
38 Miscellaneous chemical products 6,034.0 0.42 6,385.2-5.50
39 Plastics and articles thereof 23,551.6 1.65 20,068.917.35
40 Rubber and articles thereof 7,088.6 0.50 5,677.424.86
41 Raw hides and skins (other than furskins) and leather 28.1 0.00 25.69.69
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 1,828.9 0.13 1,352.435.23
43 Furskins and artificial fur; manufactures thereof 18.9 0.00 22.8-17.23
44 Wood and articles of wood; wood charcoal 37,297.3 2.61 28,452.631.09
45 Cork and articles of cork 30.3 0.00 9.2227.67
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 16.5 0.00 45.2-63.37
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 10,807.9 0.76 9,851.29.71
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 2,547.4 0.18 2,454.73.78
50 Silk 27.5 0.00 8.8214.59
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 6.3 0.00 0.0
52 Cotton 73.0 0.01 46.058.82
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 59.4 0.00 16.7256.15
54 Man-made filaments 89.7 0.01 72.523.77
55 Man-made staple fibers 440.4 0.03 153.7186.48
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 636.0 0.04 358.677.34
57 Carpets and other textile floor coverings 1,900.1 0.13 1,785.26.44
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 125.0 0.01 231.6-46.01
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 485.9 0.03 264.084.04
60 Knitted or crocheted fabrics 231.7 0.02 271.4-14.61
61 Articles of apparel and clothing accessories, knitted or crocheted 2,851.6 0.20 2,483.514.82
62 Articles of apparel and clothing accessories, not knitted or crocheted 2,402.3 0.17 2,530.3-5.06
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 4,338.0 0.30 4,737.6-8.43
64 Footwear, gaiters and the like; parts of such articles 3,413.4 0.24 2,861.119.30
65 Headgear and parts thereof 214.2 0.01 146.446.28
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 473.8 0.03 418.813.13
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 391.4 0.03 145.2169.61
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 15,516.2 1.09 10,905.542.28
69 Ceramic products 4,100.5 0.29 2,455.566.99
70 Glass and glassware 4,782.3 0.33 4,099.316.66
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 21,746.7 1.52 16,793.429.50
72 Iron and steel 10,401.3 0.73 8,801.618.17
73 Articles of iron or steel 30,366.4 2.13 16,934.979.31
74 Copper and articles thereof 3,029.2 0.21 3,049.6-0.67
75 Nickel and articles thereof 103.8 0.01 46.0125.94
76 Aluminum and articles thereof 17,804.8 1.25 12,161.646.40
78 Lead and articles thereof 54.7 0.00 23.4133.78
79 Zinc and articles thereof 20.0 0.00 40.4-50.38
80 Tin and articles thereof 203.8 0.01 44.2360.78
81 Other base metals; cermets; articles thereof 70.7 0.00 11.6509.18
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 2,906.7 0.20 1,833.158.57
83 Miscellaneous articles of base metal 10,667.4 0.75 6,949.153.51
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 93,778.2 6.57 70,508.533.00
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 67,472.2 4.73 54,413.424.00
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 1,017.1 0.07 526.593.17
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 44,030.6 3.08 32,472.935.59
88 Aircraft, spacecraft, and parts thereof 2,042.0 0.14 1,613.226.58
89 Ships, boats and floating structures 15,996.0 1.12 5,981.5167.42
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 11,920.3 0.83 10,947.08.89
91 Clocks and watches and parts thereof 2,024.5 0.14 2,110.9-4.10
92 Musical instruments; parts and accessories of such articles 591.7 0.04 956.9-38.17
93 Arms and ammunition; parts and accessories thereof 281.8 0.02 194.944.55
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 45,062.9 3.16 27,761.362.32
95 Toys, games and sports requisites; parts and accessories thereof 20,738.6 1.45 7,048.6194.22
96 Miscellaneous manufactured articles 2,633.9 0.18 2,074.926.94
97 Works of art, collectors’ pieces and antiques 2,061.8 0.14 1,649.125.02

US Imports from Bahamas

The major share of US imports from Bahamas in the first half of 2017 (and in the first half of 2016) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 27.81% of US total imports from Bahamas (23.56% in the first half of 2016);
  • Chemical products (HS codes 28-40) - 20.77% of US total imports from Bahamas (21.08% in the first half of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 14.35% of US total imports from Bahamas (8.67% in the first half of 2016).

The largest gains in US imports from Bahamas in the first half of 2017 over the first half of 2016 were recorded for the following product groups:

  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $19.2 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $18.2 million;
  • Plastics and articles thereof (HS code 39) - an increase of $13.8 million;
  • Salt; sulfur; earths and stone; plastering materials, lime and cement (HS code 25) - an increase of $7.2 million;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $3.5 million.

The largest declines in US imports from Bahamas in the first half of 2017 over the first half of 2016 were recorded for the following product groups:

  • No product groups with a substantial decrease.
US imports from Bahamas in the first half of 2017 by product groups
HS
code
Name of product group Value
of imports
in first-half 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in first-half 2016
(USD thousand)
Change
in first-half 2017
over first-half 2016
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 32,246.1 13.93 13,045.4147.18
05 Products of animal origin, not elsewhere specified or included 76.0 0.03 111.4-31.78
07 Edible vegetables and certain roots and tubers 468.2 0.20 638.3-26.66
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 5.3 0.00 68.9-92.34
19 Preparations of cereals, flour, starch or milk; bakers’ wares 6.0 0.00 0.0
22 Beverages, spirits and vinegar 397.2 0.17 452.1-12.13
24 Tobacco and manufactured tobacco substitutes 27.1 0.01 7.6259.15
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 23,339.1 10.08 16,132.744.67
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 41,037.3 17.73 22,792.180.05
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0.0 0.00 305.3-100.00
29 Organic chemicals 4.0 0.00 144.1-97.24
30 Pharmaceutical products 5.0 0.00 0.0
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 0.0 0.00 2.2-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 8.0 0.00 131.3-93.94
38 Miscellaneous chemical products 15.7 0.01 0.0
39 Plastics and articles thereof 48,042.3 20.75 34,246.240.29
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 0.0 0.00 5.9-100.00
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 13.5 0.01 66.5-79.70
52 Cotton 1.2 0.00 7.5-84.16
54 Man-made filaments 0.0 0.00 15.4-100.00
57 Carpets and other textile floor coverings 0.0 0.00 16.9-100.00
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 0.6 0.00 0.0
62 Articles of apparel and clothing accessories, not knitted or crocheted 3.5 0.00 4.8-27.86
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 5.4 0.00 2.0166.72
64 Footwear, gaiters and the like; parts of such articles 0.0 0.00 1.8-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 0.0 0.00 18.7-100.00
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 717.1 0.31 827.4-13.33
72 Iron and steel 641.3 0.28 56.91,027.62
73 Articles of iron or steel 68.9 0.03 13.2421.48
74 Copper and articles thereof 577.5 0.25 403.743.05
76 Aluminum and articles thereof 499.0 0.22 472.25.69
78 Lead and articles thereof 28.6 0.01 47.6-39.88
79 Zinc and articles thereof 11.0 0.00 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 0.0 0.00 28.4-100.00
83 Miscellaneous articles of base metal 0.0 0.00 4.1-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 89.3 0.04 649.3-86.24
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 247.2 0.11 388.8-36.41
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 3.5 0.00 7.7-54.39
89 Ships, boats and floating structures 6.0 0.00 6.7-9.77
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 29.5 0.01 69.8-57.80
91 Clocks and watches and parts thereof 3.6 0.00 81.6-95.55
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 3.3 0.00 1.799.82
95 Toys, games and sports requisites; parts and accessories thereof 41.1 0.02 18.5122.22
96 Miscellaneous manufactured articles 0.0 0.00 13.5-100.00
97 Works of art, collectors’ pieces and antiques 3,754.4 1.62 273.71,271.94
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce