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WTO Tariff & Trade Data

Bahamas

All products

Applied tariffs

Simple average MFN applied 2024
* 30.3 %
Trade-weighted MFN average 2024
* 12.2 %
Share of MFN duty-free 2024
18.5 %

Source of data: World Tariff Profiles, UN Comtrade

* Ad valorem equivalents (AVEs) used

Bound tariffs

This economy is not a WTO member; therefore, no bound tariff indicators are applicable.

Imports

Total imports: 4,944.0 million USD in 2024

Imports by partner

United States of America
85.6 % 4,230.6 million USD
European Union
2.8 % 139.0 million USD
China
2.5 % 123.8 million USD
Japan
1.4 % 67.5 million USD
Panama
0.8 % 38.4 million USD
Switzerland
0.7 % 36.7 million USD
Canada
0.7 % 33.3 million USD
United Kingdom
0.6 % 29.8 million USD
Other Countries, n.e.s.
0.6 % 28.0 million USD
Mexico
0.5 % 26.9 million USD
Rest of the World
3.8 % 190.0 million USD

Source of data: UN Comtrade

Imports by products HS 2022

271019 Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
9.9 % 490.1 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)
5.6 % 277.9 million USD
999999 Unspecified products
4.2 % 207.8 million USD
850213 Generating sets with compression-ignition internal combustion piston engine "diesel or semi-diesel engine" of an output > 375 kVA
2.1 % 103.4 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)
1.4 % 69.8 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)
1.4 % 66.8 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)
1.0 % 50.7 million USD
210690 Food preparations, n.e.s.
0.9 % 44.4 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)
0.8 % 41.8 million USD
020714 Frozen cuts and edible offal of fowls of the species Gallus domesticus
0.8 % 41.1 million USD
Rest of the products
71.8 % 3,550.3 million USD

Source of data: UN Comtrade

Exports

Total exports: 944.3 million USD in 2024

Exports by destination

United States of America
48.7 % 460.3 million USD
Other Countries, n.e.s.
46.9 % 443.1 million USD
European Union
3.1 % 29.5 million USD
Costa Rica
0.5 % 4.8 million USD
India
0.4 % 3.5 million USD
United Kingdom
0.1 % 0.6 million USD
Australia
0.1 % 0.6 million USD
Canada
0.0 % 0.4 million USD
Jamaica
0.0 % 0.4 million USD
Thailand
0.0 % 0.2 million USD
Rest of the World
0.1 % 0.9 million USD

Source of data: UN Comtrade

Exports by products HS 2022

271019 Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
34.9 % 329.9 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
11.2 % 106.2 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
9.2 % 86.4 million USD
390311 Expansible polystyrene, in primary forms
5.9 % 55.8 million USD
890393 Outboard motorboats, for pleasure or sports, and rowing boats and canoes, of a length <= 7,5 m (excl. inflatable)
4.6 % 43.7 million USD
711620 Articles of precious or semi-precious stones "natural, synthetic or reconstructed", n.e.s.
4.1 % 39.0 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)
3.4 % 31.7 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
3.0 % 28.0 million USD
890332 Motorboats, of a length > 7,5 m but <= 24 m, for pleasure or sports (excl. inflatable and outboard)
2.2 % 20.8 million USD
890399 Outboard motorboats, for pleasure or sports, and rowing boats and canoes, of a length > 7,5 m (excl. inflatable)
2.1 % 19.7 million USD
Rest of the products
19.4 % 183.1 million USD

Source of data: UN Comtrade

Preferential regimes provided by Bahamas

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Bahamas as a beneficiary based on other economies reported preferential regimes

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