Bahamas-Brazil Bilateral Trade Analysis 2023
Complete trade statistics: $222.35M total volume •Bahamas deficit: $222.35M
Bahamas → Brazil
$0
Exports (2023)
Brazil → Bahamas
$222.35M
Imports (2023)
Trade Balance
$222.35M
Deficit for Bahamas
Total Trade
$222.35M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Bahamas and Brazil. Green line shows exports from Bahamas, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Bahamas-Brazil commercial relationship and competitive positioning in global markets.
Bahamas → Brazil Exports
Export Market Intelligence
🎯 Strategic Export Focus
Bahamas's export portfolio to Brazil demonstrates strategic specialization, with clothing: worn, and other worn articles representing a key competitive advantage in this bilateral market.
Brazil → Bahamas Imports
Import Dependency Profile
📦 Import Strategy Analysis
Bahamas's import pattern from Brazil reveals significant dependencyin petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Bahamas demonstrates competitive strength in exportingclothing: worn, and other worn articles to Brazil, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $222.35M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Bahamas-Brazil Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $222.35 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Bahamas maintains a deficit of $222.35 million
- Export Focus: Bahamas's primary exports include clothing: worn, and other worn articles, furniture: wooden, for bedroom use, sands: natural, (other than silica and quartz sands), whether or not coloured, (other than metal-bearing sands of chapter 26)
- Import Dependencies: Key imports from Brazil include petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, oils: petroleum oils and oils obtained from bituminous minerals, crude, meat and edible offal: of fowls of the species gallus domesticus, cuts and offal, frozen
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $222.35M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Bahamas leveraging its comparative advantages in clothing: worn, and other worn articles.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Bahamas's specialization in clothing: worn, and other worn articlescomplements Brazil's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $222.35M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $222.35M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $222.35 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in clothing: worn, and other worn articles and petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Bahamas's trade deficit of $222.35 million impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Bahamas and Brazil represents a total trade volume of $222.35 million in 2023. This partnership demonstrates an unfavorable trade balance for Bahamas, with imports exceeding exportsby $222.35 million.
Export Strengths
Bahamas's exports to Brazil total $0.00, with competitive advantages in clothing: worn, and other worn articles, representing $17,000 orInfinity% of bilateral exports.
Import Dependencies
Imports from Brazil amount to $222.35 million, highlighting economic interdependence in petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils, with Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils comprising58.8% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Bahamas's strategic sourcing from Brazil. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Bahamas and Brazil in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023