Bahamas, The | Merchandise exports (current US$)

Merchandise exports show the f.o.b. value of goods provided to the rest of the world valued in current U.S. dollars. Limitations and exceptions: Exports are recorded as the cost of the goods delivered to the frontier of the exporting country for shipment - the free on board (f.o.b.) value. Countries may report trade according to the general or special system of trade. Under the general system exports comprise outward-moving goods that are (a) goods wholly or partly produced in the country; (b) foreign goods, neither transformed nor declared for domestic consumption in the country, that move outward from customs storage; and (c) goods previously included as imports for domestic consumption but subsequently exported without transformation. Under the special system exports comprise categories a and c. In some compilations categories b and c are classified as re-exports. Because of differences in reporting practices, data on exports may not be fully comparable across economies. Data on exports of goods are derived from the same sources as data on imports. In principle, world exports and imports should be identical. Similarly, exports from an economy should equal the sum of imports by the rest of the world from that economy. But differences in timing and definitions result in discrepancies in reported values at all levels. Statistical concept and methodology: Merchandise trade data are from customs reports of goods moving into or out of an economy or from reports of financial transactions related to merchandise trade recorded in the balance of payments. Because of differences in timing and definitions, trade flow estimates from customs reports and balance of payments may differ. Several international agencies process trade data, each correcting unreported or misreported data, leading to other differences. The data on total exports of goods (merchandise) are from the World Trade Organization (WTO), which obtains data from national statistical offices and the IMF's International Financial Statistics, supplemented by the Comtrade database and publications or databases of regional organizations, specialized agencies, economic groups, and private sources (such as Eurostat, the Food and Agriculture Organization, and country reports of the Economist Intelligence Unit). Country websites and email contact have improved collection of up-to-date statistics, reducing the proportion of estimates. The WTO database now covers most major traders in Africa, Asia, and Latin America, which together with high-income countries account for nearly 95 percent of world trade. Reliability of data for countries in Europe and Central Asia has also improved.
Publisher
The World Bank
Origin
Commonwealth of The Bahamas
Records
63
Source
Bahamas, The | Merchandise exports (current US$)
1960 6000000
1961 8000000
1962 9000000
1963 10000000
1964 16000000
1965 19000000
1966 23000000
1967 31000000
1968 51000000
1969 53000000
1970 90000000
1971 267000000
1972 343000000
1973 530000000
1974 1444000000
1975 2508000000
1976 2992000000
1977 3261000000
1978 3058000000
1979 3786000000
1980 5009000000
1981 6189000000
1982 4534000000
1983 3970000000
1984 3393000000
1985 2728000000
1986 2702000000
1987 2722000000
1988 2153000000
1989 2487000000
1990 238000000
1991 225000000
1992 192000000
1993 162000000
1994 167000000
1995 176000000
1996 180000000
1997 181000000
1998 300000000
1999 462000000
2000 576000000
2001 423000000
2002 446000000
2003 425000000
2004 477000000
2005 549000000
2006 694000000
2007 802000000
2008 956000000
2009 711000000
2010 702000000
2011 834000000
2012 984000000
2013 955000000
2014 834000000
2015 521000000
2016 481000000
2017 571000000
2018 642000000
2019 695000000
2020 431000000
2021 639000000
2022 838000000

Bahamas, The | Merchandise exports (current US$)

Merchandise exports show the f.o.b. value of goods provided to the rest of the world valued in current U.S. dollars. Limitations and exceptions: Exports are recorded as the cost of the goods delivered to the frontier of the exporting country for shipment - the free on board (f.o.b.) value. Countries may report trade according to the general or special system of trade. Under the general system exports comprise outward-moving goods that are (a) goods wholly or partly produced in the country; (b) foreign goods, neither transformed nor declared for domestic consumption in the country, that move outward from customs storage; and (c) goods previously included as imports for domestic consumption but subsequently exported without transformation. Under the special system exports comprise categories a and c. In some compilations categories b and c are classified as re-exports. Because of differences in reporting practices, data on exports may not be fully comparable across economies. Data on exports of goods are derived from the same sources as data on imports. In principle, world exports and imports should be identical. Similarly, exports from an economy should equal the sum of imports by the rest of the world from that economy. But differences in timing and definitions result in discrepancies in reported values at all levels. Statistical concept and methodology: Merchandise trade data are from customs reports of goods moving into or out of an economy or from reports of financial transactions related to merchandise trade recorded in the balance of payments. Because of differences in timing and definitions, trade flow estimates from customs reports and balance of payments may differ. Several international agencies process trade data, each correcting unreported or misreported data, leading to other differences. The data on total exports of goods (merchandise) are from the World Trade Organization (WTO), which obtains data from national statistical offices and the IMF's International Financial Statistics, supplemented by the Comtrade database and publications or databases of regional organizations, specialized agencies, economic groups, and private sources (such as Eurostat, the Food and Agriculture Organization, and country reports of the Economist Intelligence Unit). Country websites and email contact have improved collection of up-to-date statistics, reducing the proportion of estimates. The WTO database now covers most major traders in Africa, Asia, and Latin America, which together with high-income countries account for nearly 95 percent of world trade. Reliability of data for countries in Europe and Central Asia has also improved.
Publisher
The World Bank
Origin
Commonwealth of The Bahamas
Records
63
Source