US trade with Bahamas in the 4th quarter of 2017

Published or Updated: May 14, 2018

The report on US foreign trade in goods with Bahamas in the 4th quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Bahamas

In the 4th quarter of 2017, US trade with Bahamas totaled $933.0 million, up 33.99% ($236.7 million) from the 4th quarter of 2016.

US exports to Bahamas in the 4th quarter of 2017 totaled $808.6 million, up 29.52% ($184.3 million) from the 4th quarter of 2016.

US imports from Bahamas in the 4th quarter of 2017 totaled $124.4 million, up 72.76% ($52.4 million) from the 4th quarter of 2016.

US trade surplus with Bahamas in the 4th quarter of 2017 was $684.2 million, a 23.88% increase ($131.9 million) over the 4th quarter of 2016.

Bahamas was the US 66th largest trading partner in the 4th quarter of 2017 (up from 71st in the 4th quarter of 2016), accounting for 0.0895% of US total trade (up from 0.0724% in the 4th quarter of 2016).

Bahamas was the US 50th largest export market in the 4th quarter of 2017 (up from 52nd in the 4th quarter of 2016), accounting for 0.1984% of US total exports (up from 0.1648% in the 4th quarter of 2016).

Bahamas was the US 93rd largest supplier in the 4th quarter of 2017 (up from 101st in the 4th quarter of 2016), accounting for 0.0196% of US total imports (up from 0.0124% in the 4th quarter of 2016).

US Exports to Bahamas

The major share of US exports to Bahamas in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 43.22% of US total exports to Bahamas (24.82% in the 4th quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 14.35% of US total exports to Bahamas (23.79% in the 4th quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 9.72% of US total exports to Bahamas (11.91% in the 4th quarter of 2016);
  • Chemical products (HS codes 28-40) - 5.81% of US total exports to Bahamas (10.78% in the 4th quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 3.74% of US total exports to Bahamas (4.65% in the 4th quarter of 2016);
  • Precious metals and stones (HS code 71) - 2.84% of US total exports to Bahamas (2.12% in the 4th quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 2.61% of US total exports to Bahamas (4.31% in the 4th quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.34% of US total exports to Bahamas (1.38% in the 4th quarter of 2016).

The largest gains in US exports to Bahamas in the 4th quarter of 2017 over the 4th 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 $195.4 million;
  • Commodities not specified according to kind (HS code 99) - an increase of $21.0 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 $9.7 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 $8.4 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $4.4 million.

The largest declines in US exports to Bahamas in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $24.3 million;
  • 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 $19.9 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) - a decrease of $8.4 million;
  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $5.3 million;
  • Ships, boats and floating structures (HS code 89) - a decrease of $4.0 million;
  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - a decrease of $3.0 million;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $2.4 million.
US exports to Bahamas in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q4 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q4 2016
(USD thousand)
Change
in Q4 2017
over Q4 2016
(%)
01 Live animals 90.2 0.01 65.637.47
02 Meat and edible meat offal 18,190.0 2.25 18,429.7-1.30
03 Fish and crustaceans, molluscs and other aquatic invertebrates 1,656.5 0.20 1,558.36.30
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 5,682.8 0.70 4,000.542.05
05 Products of animal origin, not elsewhere specified or included 61.5 0.01 15.9285.92
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 2,161.5 0.27 2,366.5-8.66
07 Edible vegetables and certain roots and tubers 3,696.3 0.46 2,657.039.12
08 Edible fruit and nuts; peel of citrus fruit or melons 3,664.6 0.45 2,912.725.82
09 Coffee, tea, maté and spices 1,215.9 0.15 1,296.9-6.24
10 Cereals 2,282.5 0.28 2,015.613.24
11 Products of the milling industry; malt; starches; inulin; wheat gluten 1,146.8 0.14 1,116.62.71
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 81.7 0.01 204.8-60.13
13 Lac; gums, resins and other vegetable saps and extracts 0.0 0.00 121.8-100.00
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 115.2 0.01 30.7275.76
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 2,064.7 0.26 2,390.0-13.61
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 2,598.8 0.32 3,203.4-18.87
17 Sugars and sugar confectionery 643.2 0.08 711.7-9.62
18 Cocoa and cocoa preparations 635.3 0.08 927.3-31.49
19 Preparations of cereals, flour, starch or milk; bakers’ wares 9,318.4 1.15 8,645.57.78
20 Preparations of vegetables, fruit, nuts or other parts of plants 4,299.1 0.53 4,608.0-6.71
21 Miscellaneous edible preparations 7,267.0 0.90 6,920.05.01
22 Beverages, spirits and vinegar 9,720.2 1.20 7,877.123.40
23 Residues and waste from the food industries; prepared animal feed 1,598.4 0.20 1,743.8-8.34
24 Tobacco and manufactured tobacco substitutes 404.8 0.05 560.0-27.72
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 3,142.4 0.39 4,112.8-23.59
26 Ores, slag and ash 12.7 0.00 25.2-49.52
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 346,283.3 42.83 150,839.0129.57
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 1,916.6 0.24 1,120.371.09
29 Organic chemicals 12,110.7 1.50 12,506.4-3.16
30 Pharmaceutical products 1,716.2 0.21 1,518.812.99
31 Fertilizers 499.3 0.06 398.625.28
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 4,386.2 0.54 6,505.8-32.58
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 5,818.1 0.72 3,972.346.47
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 4,204.8 0.52 24,142.6-82.58
35 Albuminoidal substances; modified starches; glues; enzymes 255.2 0.03 207.822.80
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 65.1 0.01 160.5-59.43
37 Photographic or cinematographic goods 55.6 0.01 39.441.11
38 Miscellaneous chemical products 3,043.1 0.38 3,993.6-23.80
39 Plastics and articles thereof 9,561.3 1.18 10,258.1-6.79
40 Rubber and articles thereof 3,340.0 0.41 2,497.833.71
41 Raw hides and skins (other than furskins) and leather 5.1 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) 1,735.5 0.21 711.6143.91
43 Furskins and artificial fur; manufactures thereof 5.3 0.00 4.88.75
44 Wood and articles of wood; wood charcoal 15,395.6 1.90 20,658.9-25.48
45 Cork and articles of cork 7.6 0.00 12.1-37.09
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 20.6 0.00 13.058.77
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 4,745.1 0.59 5,025.8-5.59
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 956.6 0.12 1,220.7-21.64
50 Silk 12.1 0.00 27.2-55.58
52 Cotton 17.2 0.00 10.759.82
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 10.2 0.00 4.8113.03
54 Man-made filaments 39.1 0.00 34.812.21
55 Man-made staple fibers 61.2 0.01 126.5-51.62
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 278.1 0.03 296.7-6.27
57 Carpets and other textile floor coverings 1,363.4 0.17 902.151.13
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 50.7 0.01 123.1-58.85
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 142.6 0.02 60.4136.23
60 Knitted or crocheted fabrics 97.7 0.01 39.7146.32
61 Articles of apparel and clothing accessories, knitted or crocheted 1,353.2 0.17 1,198.612.89
62 Articles of apparel and clothing accessories, not knitted or crocheted 1,227.4 0.15 784.356.49
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 3,268.2 0.40 2,693.621.33
64 Footwear, gaiters and the like; parts of such articles 2,139.8 0.26 1,974.68.37
65 Headgear and parts thereof 130.2 0.02 58.8121.41
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 415.0 0.05 189.2119.41
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 196.8 0.02 120.463.42
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 6,583.5 0.81 9,594.0-31.38
69 Ceramic products 2,375.1 0.29 1,626.646.02
70 Glass and glassware 2,520.5 0.31 1,994.226.39
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 22,988.7 2.84 13,246.773.54
72 Iron and steel 4,390.4 0.54 3,654.520.14
73 Articles of iron or steel 11,985.9 1.48 10,232.817.13
74 Copper and articles thereof 1,662.4 0.21 1,549.97.26
75 Nickel and articles thereof 122.7 0.02 43.7180.74
76 Aluminum and articles thereof 6,407.0 0.79 6,160.54.00
78 Lead and articles thereof 0.0 0.00 35.0-100.00
79 Zinc and articles thereof 33.7 0.00 14.8127.46
80 Tin and articles thereof 9.5 0.00 3.8148.03
81 Other base metals; cermets; articles thereof 25.7 0.00 4.1527.02
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 687.4 0.09 2,384.0-71.17
83 Miscellaneous articles of base metal 4,902.0 0.61 4,969.5-1.36
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 46,667.0 5.77 42,242.110.48
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 39,578.0 4.89 48,003.3-17.55
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 233.9 0.03 120.294.49
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 18,409.5 2.28 42,708.5-56.89
88 Aircraft, spacecraft, and parts thereof 2,063.5 0.26 4,499.3-54.14
89 Ships, boats and floating structures 2,632.3 0.33 6,585.4-60.03
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 6,466.5 0.80 4,342.248.92
91 Clocks and watches and parts thereof 1,552.7 0.19 1,622.8-4.32
92 Musical instruments; parts and accessories of such articles 178.2 0.02 174.22.27
93 Arms and ammunition; parts and accessories thereof 86.3 0.01 53.461.56
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 25,995.5 3.21 17,554.748.08
95 Toys, games and sports requisites; parts and accessories thereof 6,262.9 0.77 3,886.761.14
96 Miscellaneous manufactured articles 821.2 0.10 915.3-10.28
97 Works of art, collectors’ pieces and antiques 492.8 0.06 352.239.90
99 Commodities not specified according to kind 83,767.4 10.36 62,739.033.52

US Imports from Bahamas

The major share of US imports from Bahamas in the 4th quarter of 2017 (and in the 4th quarter of 2016) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 19.83% of US total imports from Bahamas (28.79% in the 4th quarter of 2016);
  • Chemical products (HS codes 28-40) - 14.10% of US total imports from Bahamas (24.87% in the 4th quarter of 2016);
  • Mineral products (HS codes 25-27) - 7.92% of US total imports from Bahamas (12.12% in the 4th quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 1.00% of US total imports from Bahamas (1.24% in the 4th quarter of 2016).

The largest gains in US imports from Bahamas in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - an increase of $46.5 million;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $4.1 million;
  • Salt; sulfur; earths and stone; plastering materials, lime and cement (HS code 25) - an increase of $1.1 million;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $0.7 million;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $0.4 million;
  • Copper and articles thereof (HS code 74) - an increase of $0.4 million.

The largest declines in US imports from Bahamas in the 4th quarter of 2017 over the 4th quarter of 2016 were recorded for the following product groups:

  • No product groups with a substantial decrease.
US imports from Bahamas in the 4th quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q4 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q4 2016
(USD thousand)
Change
in Q4 2017
over Q4 2016
(%)
01 Live animals 0.0 0.00 23.0-100.00
03 Fish and crustaceans, molluscs and other aquatic invertebrates 24,359.8 19.58 20,255.020.27
05 Products of animal origin, not elsewhere specified or included 80.2 0.06 52.154.08
07 Edible vegetables and certain roots and tubers 58.7 0.05 244.2-75.96
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 31.0 0.02 0.0
19 Preparations of cereals, flour, starch or milk; bakers’ wares 12.0 0.01 5.8108.29
21 Miscellaneous edible preparations 22.8 0.02 0.0
22 Beverages, spirits and vinegar 101.2 0.08 140.4-27.95
24 Tobacco and manufactured tobacco substitutes 9.6 0.01 11.8-18.25
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 9,851.4 7.92 8,729.412.85
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 5.1 0.00 0.0
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 0.0 0.00 5.9-100.00
38 Miscellaneous chemical products 0.0 0.00 51.2-100.00
39 Plastics and articles thereof 17,536.5 14.10 17,855.5-1.79
40 Rubber and articles thereof 0.3 0.00 0.8-63.68
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 1.0 0.00 0.0
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 0.0 0.00 5.5-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 2.0 0.00 35.8-94.30
62 Articles of apparel and clothing accessories, not knitted or crocheted 17.5 0.01 0.0
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0.0 0.00 1.9-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 7.6 0.01 0.0
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 494.7 0.40 367.734.56
72 Iron and steel 307.8 0.25 134.7128.58
73 Articles of iron or steel 17.4 0.01 6.8155.15
74 Copper and articles thereof 425.4 0.34 42.6897.69
76 Aluminum and articles thereof 215.4 0.17 210.02.56
78 Lead and articles thereof 33.7 0.03 5.3533.36
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 906.5 0.73 249.1263.96
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 167.2 0.13 182.0-8.16
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 2.9 0.00 6.0-51.27
89 Ships, boats and floating structures 98.0 0.08 444.6-77.96
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 65.8 0.05 7.9733.28
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 7.0 0.01 0.61,124.17
95 Toys, games and sports requisites; parts and accessories thereof 0.0 0.00 220.5-100.00
96 Miscellaneous manufactured articles 26.5 0.02 5.9349.30
97 Works of art, collectors’ pieces and antiques 387.6 0.31 2.515,402.36
99 Commodities not specified according to kind 69,154.8 55.58 22,681.4204.90
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce