Bahamas recorded a trade deficit of 783.20 BSD Million in the second quarter of 2024. Balance of Trade in Bahamas averaged -553.43 BSD Million from 2002 until 2024, reaching an all time high of -251.40 BSD Million in the third quarter of 2002 and a record low of -880.60 BSD Million in the fourth quarter of 2023. source: Central Bank of The Bahamas




Related Last Previous Unit Reference
Balance of Trade -783.20 -847.70 BSD Million Jun 2024
Current Account 33.40 -190.30 BSD Million Jun 2024
Exports 198.80 139.20 BSD Million Jun 2024
Imports 982.00 986.90 BSD Million Jun 2024
Tourist Arrivals 892.80 1056.77 Thousand Aug 2024

Bahamas Balance of Trade
The Bahamas is heavily dependent on food imports from the United States, resulting in consistent trade deficits. The Bahamas mainly exports fuel, boats, beverages, polymers, shellfish, cyclic compounds, paintings, oil and pebbles. The Bahamas mainly imports boats, fuel, oil, paintings, iron and steel, vehicles and furniture. The Bahamas’ main trading partner is the United States, accounting for around 80 percent of total trade. Others include Venezuela, Netherlands Antilles, Trinidad and Tobago, Canada and Germany.
Actual Previous Highest Lowest Dates Unit Frequency
-783.20 -847.70 -251.40 -880.60 2002 - 2024 BSD Million Quarterly