The Caravelas River (Portuguese: Rio Caravelas) is a river that enters the Atlantic Ocean in the south of the state of Bahia, Brazil.

The community of Caravelas is on the left shore of the river a few kilometres above its mouth.

The river flows through the Cassurubá Extractive Reserve, a 100,768 hectares (249,000 acres) sustainable use conservation unit that protects an area of mangroves, river and sea where shellfish are harvested.

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