Products Imported from China to Bahamas

In the calendar year of 2023, China exported goods worth US$405 million to Bahamas. Among the main exports from China to Bahamas were Refined Petroleum (US$186 million), Iron Structures (US$41.3 million), Additive manufacturing machines (US$27.4 million), Vinyl Chloride Polymers (US$8.29 million) and Cars (US$7.77 million). Over the span of 28 years, China’s exports to Bahamas have grown steadily at an annualized rate of 19.3%, rising from US$3.46 million in 1995 to US$405 million in 2023.

List of All Products That Were Imported from China to Bahamas

The table below presents a comprehensive list of all commodities that were exported from China to Bahamas in 2023, categorized by product types, and ranked by their trade values in US dollars.

Tips to use this table

1. Identifying High-Demand Products: Analyze the top-ranked products to identify which items have the highest trade values. These products are likely to be in high demand in the Bahamas market, presenting lucrative opportunities for importers and resellers.
2. Niche Market Exploration: Explore products with significant trade values that may not be commonly known. These niche products could represent untapped market segments with less competition, allowing resellers and importers to carve out a unique position in the market.

Last Updated: April, 2024

Note #1: The HS4 code, or Harmonized System 4-digit code, is part of the Harmonized Commodity Description and Coding System (HS). It’s an internationally standardized system for classifying goods in international trade.

Note #2: This table is regularly updated on an annual basis. Therefore, we encourage you to revisit frequently to access the latest information regarding trade between China and Bahamas.

Trade Agreements between China and Bahamas

China and the Bahamas have fostered a relationship that centers around investment, infrastructure development, and cultural exchanges, although their formal trade agreements are not as extensive as those China holds with some larger nations. Here’s a breakdown of the key components of their relationship:

1. Economic and Technical Cooperation Agreement – This agreement, signed in 2004, serves as a foundation for China’s assistance in the Bahamas, including grants and concessional loans aimed at infrastructure projects. These projects typically focus on enhancing the tourism sector, public facilities, and urban development.
2. Bilateral Investment Treaty (BIT) – While specific details about a BIT between China and the Bahamas are not prominently documented, China generally seeks to establish BITs with countries to protect and promote investments, ensuring fair treatment of investors and facilitating the safe entry and operation of businesses in both territories.
3. Infrastructure and Development Projects – A significant component of the relationship revolves around major infrastructure projects financed and constructed by Chinese firms. Notably, the Baha Mar resort, one of the largest in the Caribbean, received major funding from Chinese banks and was constructed by a Chinese state-owned enterprise. This project exemplifies China’s investment and involvement in the Bahamian economy.
4. Cultural and Educational Exchanges – There are initiatives aimed at promoting cultural understanding and cooperation, such as scholarships for Bahamian students to study in China. These efforts are designed to enhance mutual understanding and build people-to-people bridges between the two countries.
5. Tourism Cooperation – With the Bahamas being a major tourist destination, there are efforts from both sides to increase tourist flow. This includes promoting the Bahamas as a destination to Chinese tourists, which involves logistical coordination and possibly future agreements to facilitate easier travel.

The relationship between China and the Bahamas thus primarily revolves around economic investment in tourism and infrastructure, supplemented by cultural and educational exchanges. These engagements reflect China’s strategic interests in extending its influence in the Caribbean region and the Bahamas’ interest in attracting foreign investment to boost local development and economic growth.