Applied tariffs
Simple average MFN applied
2018
*
32.5 %
Trade-weighted MFN average
2018
*
18.3 %
Share of MFN duty-free
2018
14.3 %
Bound tariffs
This economy is not a WTO member; therefore, no bound tariff indicators are applicable.
Imports
Total imports: 4,187.5 million USD in 2023
Imports by partner
United States of America
84.6 %
3,544.4
million USD
Other Countries, n.e.s.
2.8 %
117.6
million USD
European Union
2.7 %
114.2
million USD
China
1.7 %
72.8
million USD
Japan
0.8 %
34.4
million USD
Panama
0.8 %
34.0
million USD
Switzerland
0.8 %
33.1
million USD
Canada
0.8 %
31.4
million USD
United Kingdom
0.6 %
23.3
million USD
Mexico
0.5 %
23.0
million USD
Rest of the World
3.8 %
159.4
million USD
Imports by products HS 2022
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
8.5 %
357.7
million USD
271012
Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. losses" distil at 210°C "ASTM D 86 method" (excl. containing biodiesel)
5.8 %
241.8
million USD
999999
Unspecified products
5.7 %
236.8
million USD
711319
Articles of jewellery and parts thereof, of precious metal other than silver, whether or not plated or clad with precious metal (excl. articles > 100 years old)
1.5 %
63.9
million USD
870323
Motor cars and other motor vehicles principally designed for the transport of <10 persons, incl. station wagons and racing cars, with only spark-ignition internal combustion reciprocating piston engine of a cylinder capacity > 1.500 cm³ but <= 3.000 cm³ (excl. vehicles for travelling on snow and other specially designed vehicles of subheading 8703.10)
1.2 %
51.9
million USD
190590
Bread, pastry, cakes, biscuits and other bakers' wares, whether or not containing cocoa; communion wafers, empty cachets of a kind suitable for pharmaceutical use, sealing wafers, rice paper and similar products (excl. crispbread, gingerbread and the like, sweet biscuits, waffles, wafers not mentioned, rusks, toasted bread and similar toasted products)
1.1 %
46.8
million USD
210690
Food preparations, n.e.s.
1.0 %
42.8
million USD
300490
Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes, put up in measured doses "incl. those for transdermal administration" or in forms or packings for retail sale (excl. containing antibiotics, hormones or steroids used as hormones, alkaloids, provitamins, vitamins, their derivatives, antimalarial active principles and blinded clinical trial kits)
0.9 %
37.5
million USD
940360
Wooden furniture (excl. for offices, kitchens and bedrooms, and seats)
0.9 %
36.2
million USD
020714
Frozen cuts and edible offal of fowls of the species Gallus domesticus
0.8 %
35.4
million USD
Rest of the products
72.5 %
3,036.7
million USD
Exports
Total exports: 700.6 million USD in 2023
Exports by destination
United States of America
80.2 %
562.2
million USD
Other Countries, n.e.s.
18.8 %
131.5
million USD
European Union
0.3 %
2.4
million USD
China
0.2 %
1.6
million USD
Jamaica
0.1 %
0.9
million USD
Japan
0.1 %
0.8
million USD
Canada
0.1 %
0.4
million USD
Hong Kong, China
0.0 %
0.3
million USD
United Kingdom
0.0 %
0.2
million USD
Indonesia
0.0 %
0.1
million USD
Rest of the World
0.0 %
0.3
million USD
Exports by products HS 2022
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
24.6 %
172.5
million USD
490700
Unused postage, revenue or similar stamps of current or new issue in the country in which they have, or will have, a recognised face value; stamp-impressed paper; banknotes; cheque forms; stock, share or bond certificates and similar documents of title
19.6 %
137.3
million USD
890510
Dredgers
12.5 %
87.5
million USD
030611
Frozen rock lobster and other sea crawfish "Palinurus spp.", "Panulirus spp." and "Jasus spp.", even smoked, whether in shell or not, incl. rock lobster and other sea crawfish in shell, cooked by steaming or by boiling in water
8.7 %
60.9
million USD
390311
Expansible polystyrene, in primary forms
5.6 %
39.4
million USD
250100
Salts, incl. table salt and denatured salt, and pure sodium chloride, whether or not in aqueous solution or containing added anti-caking or free-flowing agents; sea water
5.5 %
38.7
million USD
999999
Unspecified products
5.0 %
35.2
million USD
848790
Parts of machinery of chapter 84, not intended for a specific purpose, n.e.s.
2.4 %
16.5
million USD
950590
Festival, carnival or other entertainment articles, incl. conjuring tricks and novelty jokes, n.e.s.
1.5 %
10.8
million USD
850421
Liquid dielectric transformers, having a power handling capacity <= 650 kVA
1.1 %
7.6
million USD
Rest of the products
13.5 %
94.4
million USD
Preferential regimes provided by Bahamas
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Bahamas as a beneficiary based on other economies reported preferential regimes
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