Bahamas
South & Central America and the CaribbeanTrade in Bahamas
| Bahamas was the world’s 168th largest exporter of goods and 92nd largest exporter of commercial services in 2022. Export values were $610 million and $3.67 billion USD respectively. Bahamas’s top export category was Manufactures, followed by Fuels and mining products, and Agricultural products. In 2022, Bahamas’s main export destination markets for goods and services trade were to United States, Ireland and Panama, with trade representing 80.20 per cent of GDP. In terms of imports, Bahamas is the world’s 151st largest importer of goods and 116th largest importer of commercial services. Import values were $3.76 billion and $1.97 billion USD respectively in 2022. Bahamas’s top import category was Manufactures, followed by Agricultural products and Machinery and transport equipment. Leading import partners were United States, China and United Kingdom. Bahamas is part of 3 different Regional Trade Agreements, including Caribbean Community and Common Market (CARICOM) and EU – CARIFORUM States. |
General InformationThis section includes general information on the economy, legal system, official languages and links to additional demographic information. |
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Official Name |
The Commonwealth of The Bahamas |
Abbreviation |
BS |
Capital |
Nassau |
WTO Membership Date |
Observer |
Legal System |
common law system based on the English model |
Language |
English |
Number of Time Zone(s) |
1 |
Additional Information | |
Financial InformationThis section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance. |
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Currency |
Bahamian dollar |
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Exchange Rate |
Google Finance Currencies |
Contact InformationThis section includes contact information for business support organizations and national resources. |
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Copyright Offices |
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Industrial Property Offices |
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SPS Enquiry Points Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements. |
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TBT Enquiry Points Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements. |
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Additional Information |
ePing alert |
Links to other helpful resourcesThis section includes additional links to trade-related resources. |
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National Tariff Finder |
https://www.bahamascustoms.gov.bs/tariffs-and-various-taxes-collected-by-customs/tariff-search/ |
Trade Information Portal |
https://www.bahamastradeinfo.gov.bs/ |
Additional Link |
Trade Information Portal |
Additional Link |
National Tariff Finder |
Last Reviewed: June, 2024
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