Balance of Trade In Goods and Services (Local Currency) fell 348.16990510619% to BSD -0.992 bil in Bahamas in 2017

Balance of Trade In Goods and Services (Local Currency) (BSD bil)
Economy | Bahamas | February 1, 2019
$2.99
Excel Sheet

Balance of trade in goods and services reached -0.992 BSD bil in 2017 in Bahamas, according to the National Statistical Office. This is 348 % more than in the previous year.

Historically, balance of trade in goods and services in Bahamas reached an all time high of 0.184 BSD bil in 2002 and an all time low of -1.36 BSD bil in 2011. When compared to Bahamas's main peers, balance of trade in goods and services in Cuba amounted to 2.77 CUP bil, -118 DOP bil in Dominican Republic, -208 HTG bil in Haiti and -578 UYU bil in USA in 2017.

Bahamas has been ranked 75th within the group of 163 countries we follow in terms of balance of trade in goods and services, 1 places above the position seen 10 years ago.

The external balance of trade in goods and services (formerly the resource balance) equals exports of goods and services minus imports of goods and services (previously non-factor services).

Balance of Trade In Goods and Services (Local Currency) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Bahamas BSD bil -1.36 -0.857 -0.597 -1.31 -0.439
Canada CAD bil -21.2 -35.9 -31.2 -19.6 -50.1
China CNY bil 1,169 1,464 1,455 1,361 2,235
Cuba CUP bil 2.24 3.77 2.99 3.95 2.34
Dominican Republic DOP bil -235 -220 -166 -151 -152
Haiti HTG bil -126 -119 -124 -134 -129
Jamaica JMD bil -286 -285 -317 -343 -271
Japan JPY bil -2,668 -7,655 -11,657 -12,668 -2,227
Mexico MXN bil -205 -196 -188 -206 -378
Puerto Rico USD bil 19.6 11.8 17.3 19.7 26.4
USA UYU bil -579 -569 -491 -508 -521