Bahamas, The - Trade Openness 2023
76.55%
+0.57% from 2022
Bahamas, The's trade openness was 76.55% in 2023, increased +0.57% from 75.98% in 2022. This was the 73rd highest globally.
Global Ranking - 2023▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Sudan | 2.47% | -8.3% |
| 2nd | United States | 25.29% | -7.4% |
| 3rd | Argentina | 26.68% | -15.5% |
| 4th | Pakistan | 28.47% | -13.8% |
| 5th | Haiti | 30.79% | -15.7% |
| 6th | Bangladesh | 30.98% | -8.3% |
| 7th | Uganda | 33.34% | -3.4% |
| 8th | Brazil | 33.67% | -13.3% |
| 9th | Turkmenistan | 34.10% | -8.7% |
| 10th | China | 36.11% | -3.6% |
| 11th | Cameroon | 37.89% | -8.2% |
| 12th | Tanzania | 38.21% | 9.2% |
| 13th | Gambia, The | 39.96% | -10.6% |
| 14th | Zimbabwe | 40.29% | -26.8% |
| 15th | Colombia | 40.39% | -16.4% |
| 16th | Egypt, Arab Republic of | 40.45% | 9.4% |
| 17th | Guinea-Bissau | 40.47% | -11.5% |
| 18th | Russian Federation | 40.83% | -4.6% |
| 19th | Kenya | 41.11% | 2.1% |
| 20th | Indonesia | 41.34% | -9.1% |
| 21st | Nepal | 41.57% | -15.1% |
| 22nd | Malawi | 42.44% | -2.7% |
| 23rd | Central African Republic | 43.48% | -3.9% |
| 24th | Sri Lanka | 43.54% | -6.7% |
| 25th | Algeria | 43.74% | -14.6% |
| 26th | Benin | 44.66% | 0.6% |
| 27th | India | 44.99% | -10.1% |
| 28th | Japan | 45.15% | -3.6% |
| 29th | Comoros | 45.68% | -9.3% |
| 30th | Niger | 46.48% | -12.0% |
| 31st | Chad | 46.90% | -2.3% |
| 32nd | Guatemala | 48.30% | -11.3% |
| 33rd | Côte d'Ivoire | 48.82% | -7.7% |
| 34th | Australia | 49.04% | 7.3% |
| 35th | Iran, Islamic Republic of | 49.39% | 1.0% |
| 36th | Bolivia, Plurinational State of | 49.61% | -13.8% |
| 37th | Dominican Republic | 49.84% | -8.3% |
| 38th | New Zealand | 50.41% | -5.7% |
| 39th | Peru | 50.79% | -11.4% |
| 40th | New Caledonia | 51.63% | 2.3% |
| 41st | Uruguay | 52.91% | -13.3% |
| 42nd | Angola | 53.03% | -4.0% |
| 43rd | Saudi Arabia | 54.17% | -4.7% |
| 44th | Sierra Leone | 55.29% | 22.7% |
| 45th | Ecuador | 57.00% | -7.9% |
| 46th | Mali | 57.53% | -6.5% |
| 47th | Israel | 57.99% | -4.4% |
| 48th | Chile | 60.72% | -19.3% |
| 49th | Madagascar | 61.13% | -13.3% |
| 50th | Equatorial Guinea | 61.44% | -24.9% |
| 51st | Kazakhstan | 62.33% | -8.8% |
| 52nd | Burkina Faso | 63.13% | -6.5% |
| 53rd | Ghana | 64.39% | -8.2% |
| 54th | Rwanda | 64.91% | 6.2% |
| 55th | United Kingdom | 64.99% | -6.1% |
| 56th | Italy | 65.11% | -9.6% |
| 57th | Tajikistan | 65.63% | 0.3% |
| 58th | South Africa | 65.68% | 1.1% |
| 59th | Türkiye | 65.68% | -17.8% |
| 60th | Uzbekistan | 66.11% | 5.2% |
| 61st | Canada | 66.63% | -1.0% |
| 62nd | Philippines | 67.42% | -6.9% |
| 63rd | Afghanistan | 67.58% | -7.3% |
| 64th | Botswana | 68.80% | -19.6% |
| 65th | Iraq | 69.46% | 1.0% |
| 66th | France | 70.63% | -7.0% |
| 67th | Senegal | 71.39% | -10.3% |
| 68th | French Polynesia | 71.67% | 3.1% |
| 69th | Spain | 71.80% | -8.5% |
| 70th | Costa Rica | 72.47% | -11.9% |
| 71st | Mexico | 73.58% | -17.1% |
| 72nd | Bermuda | 73.59% | -2.1% |
| 73rd | Bahamas, The | 76.55% | 0.7% |
| 74th | Ukraine | 77.51% | -11.3% |
| 75th | Zambia | 78.24% | 12.9% |
| 76th | West Bank and Gaza | 79.53% | -3.5% |
| 77th | Tonga | 79.62% | 13.5% |
| 78th | Norway | 80.36% | -2.7% |
| 79th | Samoa | 80.84% | 32.9% |
| 80th | El Salvador | 81.71% | -7.9% |
| 81st | Bhutan | 81.74% | -4.5% |
| 82nd | Germany | 81.96% | -7.7% |
| 83rd | Korea | 82.26% | -9.2% |
| 84th | Albania | 82.35% | -2.8% |
| 85th | Paraguay | 82.41% | 11.8% |
| 86th | Romania | 83.38% | -11.3% |
| 87th | Azerbaijan | 83.54% | -4.0% |
| 88th | Finland | 85.56% | -9.5% |
| 89th | Congo, Democratic Republic of | 86.74% | 1.1% |
| 90th | Iceland | 87.40% | -6.1% |
| 91st | Panama | 88.35% | -5.5% |
| 92nd | Timor-Leste | 89.30% | -8.5% |
| 93rd | Gabon | 91.48% | -0.6% |
| 94th | Greenland | 91.89% | -1.6% |
| 95th | Mauritania | 92.17% | -9.7% |
| 96th | Greece | 92.47% | -14.5% |
| 97th | Morocco | 93.12% | -7.7% |
| 98th | Portugal | 93.14% | -8.1% |
| 99th | Moldova | 93.99% | -16.2% |
| 100th | Cabo Verde | 95.03% | -2.0% |
| 101st | European Union | 95.22% | -8.2% |
| 102nd | Guinea | 95.83% | 1.8% |
| 103rd | Kuwait | 96.08% | 5.7% |
| 104th | Congo, Republic of | 96.21% | -2.0% |
| 105th | Micronesia, Federated States of | 97.86% | 8.0% |
| 106th | Honduras | 98.79% | -12.3% |
| 107th | Bosnia and Herzegovina | 99.63% | -9.6% |
| 108th | Eswatini | 99.72% | 7.7% |
| 109th | Jordan | 100.35% | -3.6% |
| 110th | Solomon Islands | 101.13% | 35.1% |
| 111th | Puerto Rico (US) | 101.66% | 3.5% |
| 112th | Somalia, Fed. Rep. | 103.12% | 13.6% |
| 113th | Lebanon | 104.21% | -9.3% |
| 114th | Nicaragua | 105.00% | -9.1% |
| 115th | Mozambique | 106.06% | -21.6% |
| 116th | Belize | 106.40% | -1.3% |
| 117th | Oman | 106.45% | 0.7% |
| 118th | Palau | 106.70% | 1.4% |
| 119th | Georgia | 107.15% | -6.6% |
| 120th | Croatia | 107.28% | -14.5% |
| 121st | Kiribati | 107.60% | -0.1% |
| 122nd | Sweden | 107.62% | 0.5% |
| 123rd | Kosovo | 109.95% | -0.1% |
| 124th | Poland | 110.02% | -10.6% |
| 125th | Namibia | 110.77% | 11.6% |
| 126th | Tunisia | 112.13% | -3.4% |
| 127th | Faroe Islands | 113.34% | -7.8% |
| 128th | Serbia | 114.49% | -13.2% |
| 129th | Austria | 115.15% | -6.8% |
| 130th | Montenegro | 116.81% | -6.9% |
| 131st | Marshall Islands | 118.49% | -7.7% |
| 132nd | Bulgaria | 119.90% | -13.6% |
| 133rd | Cuba | 120.53% | 28.4% |
| 134th | Armenia | 123.42% | 18.8% |
| 135th | Thailand | 128.82% | -3.0% |
| 136th | Denmark | 129.63% | -1.8% |
| 137th | Belarus | 131.58% | 9.6% |
| 138th | Czechia | 131.89% | -8.4% |
| 139th | Kyrgyz Republic | 132.37% | -1.1% |
| 140th | Malaysia | 132.59% | -9.4% |
| 141st | Cambodia | 134.21% | -8.0% |
| 142nd | Switzerland | 135.32% | -2.3% |
| 143rd | Latvia | 135.64% | -15.2% |
| 144th | Brunei Darussalam | 136.86% | -6.9% |
| 145th | Lesotho | 141.51% | -0.6% |
| 146th | Mongolia | 142.86% | 4.8% |
| 147th | Nauru | 143.96% | -14.0% |
| 148th | Macao SAR, China | 145.87% | -14.4% |
| 149th | Mauritius | 147.32% | -0.2% |
| 150th | North Macedonia | 147.79% | -11.0% |
| 151st | Lithuania | 149.04% | -15.1% |
| 152nd | Maldives | 149.35% | -7.9% |
| 153rd | Estonia | 154.59% | -12.0% |
| 154th | Bahrain | 157.45% | -5.8% |
| 155th | Hungary | 158.39% | -14.4% |
| 156th | Aruba | 159.02% | -1.0% |
| 157th | Libya | 159.43% | 2.0% |
| 158th | Slovenia | 160.16% | -14.2% |
| 159th | Viet Nam | 164.82% | -10.0% |
| 160th | Netherlands | 165.03% | -10.4% |
| 161st | Belgium | 165.85% | -13.3% |
| 162nd | Seychelles | 180.83% | -4.7% |
| 163rd | Slovak Republic | 181.39% | -11.1% |
| 164th | Cyprus | 190.74% | -7.3% |
| 165th | United Arab Emirates | 199.04% | 7.2% |
| 166th | Malta | 221.06% | -9.8% |
| 167th | Ireland | 239.65% | 0.8% |
| 168th | Djibouti | 285.90% | -5.4% |
| 169th | Singapore | 325.69% | -2.0% |
| 170th | San Marino | 340.98% | -8.0% |
| 171st | Hong Kong SAR, China | 353.01% | -8.3% |
| 172nd | Luxembourg | 402.57% | -2.3% |
FAQ
What was Bahamas, The's trade openness in 2023?▾
Bahamas, The's trade openness in 2023 was 76.55%. This ranked 73rd globally.
How did Bahamas, The's trade openness change in 2023?▾
Bahamas, The's trade openness increased by 0.7% in 2023 compared to 2022.
Which country had the highest trade openness in 2023?▾
Luxembourg had the highest trade openness in 2023 at 402.57%.
What is the trade openness of Bahamas, The in 2023?▾
The trade openness of Bahamas, The in 2023 was 76.55%. This ranked 73rd globally.
How does 2023 compare to 2022 for Bahamas, The's trade openness?▾
Bahamas, The's trade openness went from 75.98% in 2022 to 76.55% in 2023, a 0.7% increase.
Related
2022
2024
All years
Full ranking 2023
Exports
Imports
Trade Balance
Current Account Balance
FDI Inflows
Peak: 1978
Lowest: 2020
Trade Openness 1990s
Trade Openness 2000s
Trade Openness 2010s
Trade Openness 2020s
Highest ever
Lowest ever
Average
vs Aruba
vs Puerto Rico (US)
vs Spain
vs Sint Maarten (Dutch part)
Global Ranking