US trade (export - import) with Bahamas in 2017

Published or Updated: May 14, 2018

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

US Trade with Bahamas

In 2017, US trade with Bahamas totaled $3,553.5 million, up 42.90% ($1,066.8 million) from 2016.

US exports to Bahamas in 2017 totaled $3,018.9 million, up 38.49% ($839.1 million) from 2016.

US imports from Bahamas in 2017 totaled $534.6 million, up 74.18% ($227.7 million) from 2016.

US trade surplus with Bahamas in 2017 was $2,484.2 million, a 32.64% increase ($611.4 million) over 2016.

Bahamas was the US 66th largest trading partner in 2017 (up from 72nd in 2016), accounting for 0.0899% of US total trade (up from 0.0672% in 2016).

Bahamas was the US 52nd largest export market in 2017 (up from 55th in 2016), accounting for 0.1953% of US total exports (up from 0.1500% in 2016).

Bahamas was the US 89th largest supplier in 2017 (up from 100th in 2016), accounting for 0.0222% of US total imports (up from 0.0136% in 2016).

US Exports to Bahamas

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

  • Mineral products (HS codes 25-27) - 41.46% of US total exports to Bahamas (29.81% in 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 15.11% of US total exports to Bahamas (19.18% in 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 9.65% of US total exports to Bahamas (12.79% in 2016);
  • Chemical products (HS codes 28-40) - 6.83% of US total exports to Bahamas (9.69% in 2016);
  • Metals and products from them (HS codes 72-83) - 4.34% of US total exports to Bahamas (4.63% in 2016);
  • Wood and wood products (HS codes 44-49) - 3.09% of US total exports to Bahamas (4.10% in 2016);
  • Precious metals and stones (HS code 71) - 1.80% of US total exports to Bahamas (1.75% in 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.24% of US total exports to Bahamas (1.49% in 2016).

The largest gains in US exports to Bahamas in 2017 over 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 $602.6 million;
  • Commodities not specified according to kind (HS code 99) - an increase of $78.8 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $30.7 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 $30.1 million;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - an increase of $18.5 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 $16.1 million;
  • Articles of iron or steel (HS code 73) - an increase of $16.0 million.

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

  • 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 (HS code 34) - a decrease of $21.6 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $12.4 million.
US exports to Bahamas in 2017 by product groups
HS
code
Name of product group Value
of exports
in 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2016
(USD thousand)
Change
in 2017
over 2016
(%)
01 Live animals 266.4 0.01 464.1-42.59
02 Meat and edible meat offal 63,766.0 2.11 58,905.78.25
03 Fish and crustaceans, molluscs and other aquatic invertebrates 5,924.0 0.20 6,880.7-13.90
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 19,762.0 0.65 16,764.017.88
05 Products of animal origin, not elsewhere specified or included 140.4 0.00 70.499.28
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 8,612.5 0.29 5,666.152.00
07 Edible vegetables and certain roots and tubers 12,169.3 0.40 11,383.86.90
08 Edible fruit and nuts; peel of citrus fruit or melons 13,625.1 0.45 11,371.819.81
09 Coffee, tea, maté and spices 5,516.3 0.18 4,751.716.09
10 Cereals 6,374.6 0.21 6,560.5-2.83
11 Products of the milling industry; malt; starches; inulin; wheat gluten 3,994.4 0.13 4,036.9-1.05
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 480.7 0.02 709.3-32.23
13 Lac; gums, resins and other vegetable saps and extracts 175.7 0.01 194.2-9.53
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 785.0 0.03 38.11,958.96
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 8,173.2 0.27 7,920.43.19
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 10,131.6 0.34 11,556.8-12.33
17 Sugars and sugar confectionery 3,043.8 0.10 2,810.38.31
18 Cocoa and cocoa preparations 2,779.7 0.09 3,017.6-7.88
19 Preparations of cereals, flour, starch or milk; bakers’ wares 33,935.4 1.12 34,716.4-2.25
20 Preparations of vegetables, fruit, nuts or other parts of plants 17,867.5 0.59 18,889.2-5.41
21 Miscellaneous edible preparations 27,283.2 0.90 28,882.2-5.54
22 Beverages, spirits and vinegar 38,807.8 1.29 34,931.111.10
23 Residues and waste from the food industries; prepared animal feed 6,257.3 0.21 6,749.4-7.29
24 Tobacco and manufactured tobacco substitutes 1,455.5 0.05 1,579.2-7.83
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 12,979.5 0.43 13,358.8-2.84
26 Ores, slag and ash 77.9 0.00 336.7-76.86
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 1,238,687.2 41.03 636,120.494.73
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 6,915.9 0.23 5,199.033.02
29 Organic chemicals 63,873.0 2.12 58,562.39.07
30 Pharmaceutical products 7,929.3 0.26 7,237.99.55
31 Fertilizers 2,127.3 0.07 2,175.9-2.24
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 18,775.8 0.62 19,783.8-5.10
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 18,709.3 0.62 15,266.922.55
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 16,134.8 0.53 37,780.5-57.29
35 Albuminoidal substances; modified starches; glues; enzymes 1,524.7 0.05 1,025.148.73
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 549.9 0.02 329.966.69
37 Photographic or cinematographic goods 168.4 0.01 174.0-3.20
38 Miscellaneous chemical products 12,490.7 0.41 12,537.9-0.38
39 Plastics and articles thereof 43,049.1 1.43 40,784.65.55
40 Rubber and articles thereof 13,866.4 0.46 10,418.733.09
41 Raw hides and skins (other than furskins) and leather 45.7 0.00 35.528.62
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 4,371.5 0.14 2,864.852.59
43 Furskins and artificial fur; manufactures thereof 27.6 0.00 119.1-76.79
44 Wood and articles of wood; wood charcoal 67,420.4 2.23 63,336.46.45
45 Cork and articles of cork 64.7 0.00 33.792.09
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 37.1 0.00 73.8-49.66
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 20,272.7 0.67 20,107.90.82
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 5,384.6 0.18 5,866.4-8.21
50 Silk 49.5 0.00 40.123.44
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 14.7 0.00 0.0
52 Cotton 237.6 0.01 74.6218.51
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 79.1 0.00 38.5105.72
54 Man-made filaments 181.8 0.01 142.527.57
55 Man-made staple fibers 544.1 0.02 339.860.11
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 1,206.6 0.04 911.232.41
57 Carpets and other textile floor coverings 4,369.7 0.14 3,501.424.80
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 281.5 0.01 432.3-34.88
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 746.0 0.02 426.175.07
60 Knitted or crocheted fabrics 426.1 0.01 428.9-0.65
61 Articles of apparel and clothing accessories, knitted or crocheted 5,327.3 0.18 4,838.810.10
62 Articles of apparel and clothing accessories, not knitted or crocheted 4,735.3 0.16 4,194.912.88
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 9,677.2 0.32 9,347.03.53
64 Footwear, gaiters and the like; parts of such articles 7,143.2 0.24 6,404.211.54
65 Headgear and parts thereof 444.3 0.01 257.472.59
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 1,263.8 0.04 775.063.07
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 705.2 0.02 331.1113.02
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 29,455.7 0.98 25,665.414.77
69 Ceramic products 7,982.6 0.26 5,531.544.31
70 Glass and glassware 9,764.2 0.32 7,945.822.88
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 54,253.1 1.80 38,181.842.09
72 Iron and steel 17,691.1 0.59 16,326.58.36
73 Articles of iron or steel 50,431.7 1.67 34,445.946.41
74 Copper and articles thereof 5,949.0 0.20 6,371.2-6.63
75 Nickel and articles thereof 249.0 0.01 204.122.01
76 Aluminum and articles thereof 31,206.6 1.03 23,719.831.56
78 Lead and articles thereof 68.1 0.00 73.9-7.85
79 Zinc and articles thereof 96.6 0.00 81.917.93
80 Tin and articles thereof 213.3 0.01 63.3236.77
81 Other base metals; cermets; articles thereof 111.4 0.00 31.0259.56
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 4,420.4 0.15 4,764.0-7.21
83 Miscellaneous articles of base metal 20,499.8 0.68 14,870.937.85
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 182,957.2 6.06 152,248.820.17
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 135,493.0 4.49 129,359.14.74
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 2,694.2 0.09 840.8220.42
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 82,996.6 2.75 95,395.7-13.00
88 Aircraft, spacecraft, and parts thereof 5,975.4 0.20 7,034.3-15.05
89 Ships, boats and floating structures 21,046.7 0.70 13,608.654.66
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 24,867.1 0.82 19,682.526.34
91 Clocks and watches and parts thereof 4,370.4 0.14 4,665.8-6.33
92 Musical instruments; parts and accessories of such articles 821.0 0.03 1,488.8-44.86
93 Arms and ammunition; parts and accessories thereof 402.0 0.01 330.521.64
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 88,932.5 2.95 58,879.651.04
95 Toys, games and sports requisites; parts and accessories thereof 31,119.5 1.03 12,588.2147.21
96 Miscellaneous manufactured articles 4,469.9 0.15 3,788.517.98
97 Works of art, collectors’ pieces and antiques 2,726.2 0.09 2,220.122.79
99 Commodities not specified according to kind 313,356.2 10.38 234,518.233.62

US Imports from Bahamas

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

  • Mineral products (HS codes 25-27) - 27.60% of US total imports from Bahamas (18.23% in 2016);
  • Chemical products (HS codes 28-40) - 15.63% of US total imports from Bahamas (23.54% in 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 12.34% of US total imports from Bahamas (14.03% in 2016).

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

  • Commodities not specified according to kind (HS code 99) - an increase of $96.6 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $84.7 million;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $23.6 million;
  • Plastics and articles thereof (HS code 39) - an increase of $11.9 million;
  • Salt; sulfur; earths and stone; plastering materials, lime and cement (HS code 25) - an increase of $6.9 million;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $4.0 million.

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

  • No product groups with a substantial decrease.
US imports from Bahamas in 2017 by product groups
HS
code
Name of product group Value
of imports
in 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2016
USD thousand)
Change
in 2017
over 2016
(%)
01 Live animals 0.0 0.00 23.0-100.00
03 Fish and crustaceans, molluscs and other aquatic invertebrates 64,394.8 12.04 40,838.357.68
05 Products of animal origin, not elsewhere specified or included 211.5 0.04 231.1-8.48
07 Edible vegetables and certain roots and tubers 629.8 0.12 1,057.5-40.44
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 36.3 0.01 68.9-47.28
19 Preparations of cereals, flour, starch or milk; bakers’ wares 18.0 0.00 5.8211.63
21 Miscellaneous edible preparations 22.8 0.00 0.0
22 Beverages, spirits and vinegar 647.6 0.12 817.5-20.79
24 Tobacco and manufactured tobacco substitutes 36.8 0.01 25.345.47
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 40,066.4 7.49 33,167.520.80
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 107,513.2 20.11 22,796.1371.63
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 0.00 140.1-94.32
38 Miscellaneous chemical products 15.7 0.00 51.2-69.32
39 Plastics and articles thereof 83,513.6 15.62 71,623.816.60
40 Rubber and articles thereof 7.2 0.00 0.8844.47
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 4.9 0.00 5.9-16.68
44 Wood and articles of wood; wood charcoal 0.0 0.00 26.1-100.00
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 0.0 0.00 4.6-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 3.7 0.00 0.0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 19.1 0.00 72.0-73.53
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
61 Articles of apparel and clothing accessories, knitted or crocheted 3.6 0.00 37.5-90.49
62 Articles of apparel and clothing accessories, not knitted or crocheted 26.1 0.00 4.8440.29
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 8.2 0.00 3.9110.15
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 7.6 0.00 18.7-59.18
69 Ceramic products 2.3 0.00 0.0
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 1,699.1 0.32 1,728.7-1.71
72 Iron and steel 1,184.3 0.22 348.8239.55
73 Articles of iron or steel 88.6 0.02 22.1300.71
74 Copper and articles thereof 1,383.8 0.26 579.0139.01
76 Aluminum and articles thereof 1,041.4 0.19 897.815.99
78 Lead and articles thereof 66.5 0.01 93.1-28.55
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 9.0 0.00 4.1117.91
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 1,488.6 0.28 1,051.841.52
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 507.2 0.09 720.4-29.59
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 6.4 0.00 13.6-53.03
88 Aircraft, spacecraft, and parts thereof 0.0 0.00 5.6-100.00
89 Ships, boats and floating structures 164.8 0.03 474.6-65.29
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 123.2 0.02 117.35.05
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 15.5 0.00 3.0420.69
95 Toys, games and sports requisites; parts and accessories thereof 59.8 0.01 239.0-74.98
96 Miscellaneous manufactured articles 26.5 0.00 21.921.02
97 Works of art, collectors’ pieces and antiques 4,299.6 0.80 314.11,268.94
99 Commodities not specified according to kind 225,244.0 42.13 128,679.675.04
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce