Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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The Bahamas | Imports and Exports | World | Petroleum oils and oils, other than crude | Value (US$) and Value Growth, YoY (%) | 2011 - 2023

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The value of exports of commodity group 2710 "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" from The Bahamas totalled $ 172 million in 2023. Sales of commodity group 2710 from The Bahamas went up by 7.15% compared to 2022: exports of commodity group 2710 "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" went up by $ 11.5 million (cumulative exports of commodity group 2710 from The Bahamas amounted $161 million in 2022)

Exports of commodity group 2710 "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" amounted to 24% of total exports from The Bahamas (cumulative merchandise exports from The Bahamas totalled $ 700 million in 2023). The share of commodity group 2710 in total exports from The Bahamas decreased by 3.41 p.p. compared to 2022 (it was 28% in 2022 and cumulative exports from The Bahamas were equal to $ 574 million).

Exports of commodity group 2710 amounted to 99% of total sales of group "" from The Bahamas in 2023 (the value of exports of commodity group from The Bahamas amounted to $172 million in 2023). The share of exports of commodity group 2710 in sales of commodity group from The Bahamas lowered by 0 p.p. compared to 2022 (it was 99% in 2022, and exports of commodity group from The Bahamas were $161 million).

Where does The Bahamas export 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?

Top export destinations of "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" from The Bahamas in 2023:

  • USA with a share of 80% (138 million US$)
  • Areas, nes with a share of 19.8% (34 million US$)
  • Canada - 19.8 thousand US$
  • China - 16 US$

Exports structure of 2710 - 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 - from The Bahamas in 2023 represented by the following main commodity groups:

  • 99% (172 million US$): 271019 - Petroleum oils and oils from bituminous minerals, not containing biodiesel, not crude, not waste oils; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; not light oils and preparations
  • 0.069% (119 thousand US$): 271091 - Waste oils cont. polychlorinated biphenyls (PCBs)/polychlorinated terphenyls (PCTs)/polybrominated biphenyls (PBBs)
  • 0% (161 US$): 271099 - Waste oils of petroleum or obtained from bituminous minerals, not crude other than those cont. polychlorinated biphenyls (PCBs)/polychlorinated terphenyls (PCTs)/polybrominated biphenyls (PBBs)

The value of imports of commodity group 2710 "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" to The Bahamas totalled $ 599 million in 2023. Sales of commodity group 2710 to The Bahamas went up by 3.75% compared to 2022: imports of commodity group 2710 "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" went up by $ 21 million (the value of imports of commodity group 2710 to The Bahamas was equal to $577 million in 2022)

Imports of commodity group 2710 "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" accounted for 14.3% of total import flow to The Bahamas (in 2023, total imports to The Bahamas amounted to $ 4.18 billion). The share of commodity group 2710 in total imports to The Bahamas decreased by 1.05 p.p. compared to 2022 (it was 15.3% in 2022 and cumulative imports to The Bahamas were equal to $ 3.75 billion).

Imports of commodity group 2710 reached 95% of total imports of group "" to The Bahamas in 2023 (imports of commodity group to The Bahamas totalled $627 million in 2023). The share of purchases of commodity group 2710 in total imports of commodity group to The Bahamas increased by 0.247 p.p. compared to 2022 (it was 95% in 2022, and imports of commodity group to The Bahamas accounted for $606 million).

Where does The Bahamas import 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 from?

Top trading partners (import of "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") of The Bahamas in 2023:

  • USA with a share of 84% (508 million US$)
  • Areas, nes with a share of 14.2% (85 million US$)
  • Sweden - 4.6 million US$
  • Spain - 765 thousand US$
  • Brazil - 216 thousand US$
  • Netherlands - 153 thousand US$
  • Belgium - 128 thousand US$
  • Canada - 115 thousand US$
  • Panama - 71 thousand US$
  • Japan - 35 thousand US$

Imports structure of 2710 - 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 - to The Bahamas in 2023 represented by the following main commodity groups:

  • 59% (357 million US$): 271019 - Petroleum oils and oils from bituminous minerals, not containing biodiesel, not crude, not waste oils; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; not light oils and preparations
  • 0.005% (31 thousand US$): 271099 - Waste oils of petroleum or obtained from bituminous minerals, not crude other than those cont. polychlorinated biphenyls (PCBs)/polychlorinated terphenyls (PCTs)/polybrominated biphenyls (PBBs)
  • 0% (71 US$): 271091 - Waste oils cont. polychlorinated biphenyls (PCBs)/polychlorinated terphenyls (PCTs)/polybrominated biphenyls (PBBs)

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The Bahamas | Imports and Exports | World | Petroleum oils and oils, other than crude | Value (US$) and Value Growth, YoY (%) | 2011 - 2023