US trade with Bahamas in the 3rd quarter of 2017

Published or Updated: Mar 29, 2018

The report on US foreign trade in goods with Bahamas in the 3rd quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Bahamas

In the 3rd quarter of 2017, US trade with Bahamas totaled $961.2 million, up 65.20% ($379.4 million) from the 3rd quarter of 2016.

US exports to Bahamas in the 3rd quarter of 2017 totaled $782.5 million, up 52.79% ($270.3 million) from the 3rd quarter of 2016.

US imports from Bahamas in the 3rd quarter of 2017 totaled $178.7 million, up 156.45% ($109.0 million) from the 3rd quarter of 2016.

US trade surplus with Bahamas in the 3rd quarter of 2017 was $603.8 million, a 36.46% increase ($161.3 million) over the 3rd quarter of 2016.

Bahamas was the US 66th largest trading partner in the 3rd quarter of 2017 (up from 74th in the 3rd quarter of 2016), accounting for 0.0974% of US total trade (up from 0.0710% in the 3rd quarter of 2016).

Bahamas was the US 51st largest export market in the 3rd quarter of 2017 (up from 56th in the 3rd quarter of 2016), accounting for 0.2052% of US total exports (up from 0.1478% in the 3rd quarter of 2016).

Bahamas was the US 82nd largest supplier in the 3rd quarter of 2017 (up from 103rd in the 3rd quarter of 2016), accounting for 0.0295% of US total imports (up from 0.0147% in the 3rd quarter of 2016).

US Exports to Bahamas

The major share of US exports to Bahamas in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 48.60% of US total exports to Bahamas (31.73% in the 3rd quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 13.26% of US total exports to Bahamas (18.20% in the 3rd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 8.95% of US total exports to Bahamas (12.50% in the 3rd quarter of 2016);
  • Chemical products (HS codes 28-40) - 5.68% of US total exports to Bahamas (10.16% in the 3rd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 3.21% of US total exports to Bahamas (4.30% in the 3rd quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 2.73% of US total exports to Bahamas (4.23% in the 3rd quarter of 2016);
  • Precious metals and stones (HS code 71) - 1.22% of US total exports to Bahamas (1.59% in the 3rd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.08% of US total exports to Bahamas (1.43% in the 3rd quarter of 2016).

The largest gains in US exports to Bahamas in the 3rd quarter of 2017 over the 3rd quarter 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 $217.7 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 $4.3 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $3.0 million;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - an increase of $2.5 million.

The largest declines in US exports to Bahamas in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Organic chemicals (HS code 29) - a decrease of $9.2 million.
US exports to Bahamas in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q3 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q3 2016
(USD thousand)
Change
in Q3 2017
over Q3 2016
(%)
01 Live animals 55.3 0.01 196.2-71.83
02 Meat and edible meat offal 15,307.9 1.96 13,078.617.05
03 Fish and crustaceans, molluscs and other aquatic invertebrates 1,522.7 0.19 1,579.1-3.57
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 4,852.5 0.62 3,647.433.04
05 Products of animal origin, not elsewhere specified or included 73.1 0.01 24.0204.98
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 1,389.0 0.18 1,408.1-1.35
07 Edible vegetables and certain roots and tubers 3,036.4 0.39 2,417.925.58
08 Edible fruit and nuts; peel of citrus fruit or melons 3,214.1 0.41 2,381.334.97
09 Coffee, tea, maté and spices 1,057.9 0.14 1,091.5-3.08
10 Cereals 1,070.5 0.14 1,292.4-17.17
11 Products of the milling industry; malt; starches; inulin; wheat gluten 930.7 0.12 1,026.3-9.31
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 97.6 0.01 103.9-6.00
13 Lac; gums, resins and other vegetable saps and extracts 2.8 0.00 9.4-70.65
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 249.8 0.03 0.0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 1,922.3 0.25 1,575.522.02
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 2,736.5 0.35 2,949.5-7.22
17 Sugars and sugar confectionery 714.5 0.09 618.315.56
18 Cocoa and cocoa preparations 791.4 0.10 582.735.80
19 Preparations of cereals, flour, starch or milk; bakers’ wares 8,076.1 1.03 8,232.8-1.90
20 Preparations of vegetables, fruit, nuts or other parts of plants 4,464.1 0.57 4,921.4-9.29
21 Miscellaneous edible preparations 6,711.2 0.86 7,313.7-8.24
22 Beverages, spirits and vinegar 9,874.0 1.26 7,789.726.76
23 Residues and waste from the food industries; prepared animal feed 1,480.5 0.19 1,515.3-2.30
24 Tobacco and manufactured tobacco substitutes 378.6 0.05 278.535.92
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 3,076.1 0.39 2,834.48.52
26 Ores, slag and ash 36.6 0.00 202.4-81.91
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 377,148.9 48.20 159,459.8136.52
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 1,851.8 0.24 1,257.247.30
29 Organic chemicals 10,686.4 1.37 19,917.9-46.35
30 Pharmaceutical products 1,816.0 0.23 1,803.60.69
31 Fertilizers 440.6 0.06 790.4-44.25
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 4,363.1 0.56 3,963.610.08
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 4,147.6 0.53 3,980.34.20
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 3,921.6 0.50 4,995.6-21.50
35 Albuminoidal substances; modified starches; glues; enzymes 296.0 0.04 343.3-13.77
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 121.3 0.02 78.853.88
37 Photographic or cinematographic goods 17.3 0.00 44.7-61.29
38 Miscellaneous chemical products 3,413.6 0.44 2,159.158.11
39 Plastics and articles thereof 9,936.1 1.27 10,457.5-4.99
40 Rubber and articles thereof 3,437.8 0.44 2,243.553.24
41 Raw hides and skins (other than furskins) and leather 12.5 0.00 9.925.93
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 807.0 0.10 800.80.78
43 Furskins and artificial fur; manufactures thereof 3.5 0.00 91.4-96.19
44 Wood and articles of wood; wood charcoal 14,727.5 1.88 14,224.93.53
45 Cork and articles of cork 26.8 0.00 12.3117.29
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 0.0 0.00 15.6-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 4,719.7 0.60 5,230.8-9.77
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 1,880.6 0.24 2,191.0-14.17
50 Silk 9.9 0.00 4.2136.59
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 8.4 0.00 0.0
52 Cotton 147.4 0.02 17.9724.50
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 9.6 0.00 17.0-43.75
54 Man-made filaments 53.1 0.01 35.250.56
55 Man-made staple fibers 42.5 0.01 59.6-28.69
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 292.5 0.04 255.914.29
57 Carpets and other textile floor coverings 1,106.2 0.14 814.035.90
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 105.8 0.01 77.736.30
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 117.5 0.02 101.715.50
60 Knitted or crocheted fabrics 96.6 0.01 117.8-18.01
61 Articles of apparel and clothing accessories, knitted or crocheted 1,122.6 0.14 1,156.8-2.96
62 Articles of apparel and clothing accessories, not knitted or crocheted 1,105.6 0.14 880.325.60
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 2,070.9 0.26 1,915.88.10
64 Footwear, gaiters and the like; parts of such articles 1,590.0 0.20 1,568.51.38
65 Headgear and parts thereof 100.0 0.01 52.291.37
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 374.9 0.05 167.0124.51
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 117.0 0.01 65.478.77
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 7,356.0 0.94 5,165.942.40
69 Ceramic products 1,507.0 0.19 1,449.43.97
70 Glass and glassware 2,461.4 0.31 1,852.432.88
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 9,517.7 1.22 8,141.816.90
72 Iron and steel 2,899.4 0.37 3,870.3-25.09
73 Articles of iron or steel 8,079.5 1.03 7,278.111.01
74 Copper and articles thereof 1,257.4 0.16 1,771.7-29.03
75 Nickel and articles thereof 22.4 0.00 114.4-80.39
76 Aluminum and articles thereof 6,994.9 0.89 5,397.829.59
78 Lead and articles thereof 13.4 0.00 15.5-13.47
79 Zinc and articles thereof 42.9 0.01 26.760.40
80 Tin and articles thereof 0.0 0.00 15.3-100.00
81 Other base metals; cermets; articles thereof 15.0 0.00 15.3-1.92
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 826.4 0.11 546.951.10
83 Miscellaneous articles of base metal 4,930.5 0.63 2,952.367.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 42,512.1 5.43 39,498.27.63
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 28,442.8 3.63 26,942.55.57
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 1,443.2 0.18 194.1643.72
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 20,556.4 2.63 20,214.31.69
88 Aircraft, spacecraft, and parts thereof 1,869.9 0.24 921.7102.86
89 Ships, boats and floating structures 2,418.4 0.31 1,041.7132.17
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 6,480.4 0.83 4,393.347.51
91 Clocks and watches and parts thereof 793.3 0.10 932.0-14.89
92 Musical instruments; parts and accessories of such articles 51.1 0.01 357.7-85.70
93 Arms and ammunition; parts and accessories thereof 33.9 0.00 82.1-58.73
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 17,874.1 2.28 13,563.631.78
95 Toys, games and sports requisites; parts and accessories thereof 4,118.0 0.53 1,652.9149.14
96 Miscellaneous manufactured articles 1,014.9 0.13 798.427.12
97 Works of art, collectors’ pieces and antiques 171.6 0.02 218.7-21.56

US Imports from Bahamas

The major share of US imports from Bahamas in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 41.04% of US total imports from Bahamas (11.92% in the 3rd quarter of 2016);
  • Chemical products (HS codes 28-40) - 10.04% of US total imports from Bahamas (28.02% in the 3rd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 4.53% of US total imports from Bahamas (11.50% in the 3rd quarter of 2016).

The largest gains in US imports from Bahamas in the 3rd quarter of 2017 over the 3rd quarter 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 $66.5 million.

The largest declines in US imports from Bahamas in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Plastics and articles thereof (HS code 39) - a decrease of $1.6 million;
  • Salt; sulfur; earths and stone; plastering materials, lime and cement (HS code 25) - a decrease of $1.4 million.
US imports from Bahamas in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q3 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q3 2016
(USD thousand)
Change
in Q3 2017
over Q3 2016
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 7,788.9 4.36 7,537.93.33
05 Products of animal origin, not elsewhere specified or included 55.3 0.03 67.7-18.24
07 Edible vegetables and certain roots and tubers 102.9 0.06 175.0-41.19
22 Beverages, spirits and vinegar 149.2 0.08 225.1-33.72
24 Tobacco and manufactured tobacco substitutes 0.0 0.00 5.9-100.00
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 6,875.9 3.85 8,305.4-17.21
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 66,470.9 37.20 4.01,661,672.40
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 0.0 0.00 2.9-100.00
39 Plastics and articles thereof 17,934.9 10.04 19,522.1-8.13
40 Rubber and articles thereof 6.9 0.00 0.0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 3.9 0.00 0.0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 5.6 0.00 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 1.5 0.00 1.7-8.86
62 Articles of apparel and clothing accessories, not knitted or crocheted 5.1 0.00 0.0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 2.8 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 487.3 0.27 533.6-8.69
72 Iron and steel 235.2 0.13 157.249.57
73 Articles of iron or steel 2.4 0.00 2.111.95
74 Copper and articles thereof 381.0 0.21 132.7187.17
76 Aluminum and articles thereof 327.0 0.18 215.651.65
78 Lead and articles thereof 4.2 0.00 40.2-89.53
83 Miscellaneous articles of base metal 9.0 0.01 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 492.7 0.28 153.5221.04
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 92.9 0.05 149.7-37.96
88 Aircraft, spacecraft, and parts thereof 0.0 0.00 5.6-100.00
89 Ships, boats and floating structures 60.8 0.03 23.4159.27
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 27.9 0.02 39.5-29.45
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 5.2 0.00 0.7594.89
95 Toys, games and sports requisites; parts and accessories thereof 18.7 0.01 0.0
96 Miscellaneous manufactured articles 0.0 0.00 2.5-100.00
97 Works of art, collectors’ pieces and antiques 157.7 0.09 37.9315.71
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce