Logo

Whatariff.com

Global Tariffs, Categorized
🇺🇸 United States
🇧🇸 Bahamas
📦 All Categories
🇺🇸 → 🇧🇸

United States to Bahamas Trade Analysis

Select a category to view detailed tariff information

Trade Relationship

Trade Volume (2022)

Total Trade
$3.2 billion
Exports
$2.9 billion (US exports to Bahamas)
Imports
$0.3 billion (US imports from Bahamas)

Tariff Information

View All
MFN rates apply; average applied tariff rate for Bahamas is approximately 30% for dutiable goods (varies by product)
2023
MFN Rate
Most Favored Nation (MFN) Rate is the standard tariff rate applied to all WTO members
Special Tariffs
Caribbean Basin Initiative (CBI)
Duty-free access for most goods from Bahamas to the US under CBI provisions
0% on eligible goods
Preferential
Trade Agreements
Caribbean Basin Initiative (CBI)
Status: Active

Most Imported Categories

Chemicals
2022
Increasing
33% of total US imports from Bahamas of total imports
HS Code: 3903-polymers-of-styrene
Seafood
2022
Stable
17% of total US imports from Bahamas of total imports
HS Code: 0306-crustaceans
Beverages
2022
Stable
10% of total US imports from Bahamas of total imports
HS Code: 2208-spirits

Trade Agreements

Caribbean Basin Initiative (CBI)
Active
1983 (initiated, ongoing extensions)

Major Exports

Mineral Fuels and Oils
$1.2 billion
2022
Machinery and Mechanical Appliances
$0.3 billion
2022
Vehicles
$0.2 billion
2022

Trade Barriers

High Import Duties in Bahamas
Bahamas imposes high tariffs (up to 45%) on certain imported goods, particularly luxury items and non-essential goods, affecting US exports
2023
Non-Tariff Barriers
Complex customs procedures and documentation requirements in Bahamas can delay imports from the US
2023

Recent Developments

Bahamas WTO Accession Progress
Bahamas continues negotiations for full WTO membership, which could impact tariff structures and trade policies with the US
June 2023

Please select a category to view detailed tariff information.