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Export from Bahamas
The Bahamas is an island country situated in Central America. The country's name comes from the Spanish “baja mar” meaning shallow sea. The Bahamian economy is dependent on trade with the U.S. and most of the tourists that visit the country are from the USA. In addition, 55 % of Bahamian imports come also from the United States. The largest sector in the nation is tourism that accounts for 60 percent of income.
The proximity of the country to major world markets makes it a primary location for the production of items for export. Areas targeted for production for exports comprise agro-products, computers and computer parts, pharmaceuticals, toys, high fashion apparel, data processing goods, etc. It should be noted that there are no controls in The Bahamas exercised over exports. Exported products may be reimported into The Bahamas without payment of customs duty, by providing an appropriate certificate obtained from the Customs Department.
The Bahamas will continue to import a large number of goods to meet consumer demands. This creates great opportunities for international exporters. Top products for export to The Bahamas include data processing equipment, computers and electronic products, hotel and restaurant equipment, auto parts, foodstuff (vegetables and meat products), and baby products.
Would you like to import products or services to the Bahamas? Or are you an exporter interested in the Bahamian market? Export Portal promotes the Bahamian and international businesses to improve the foreign trade. At this export/import platformyou can find selected trading companiesall over the world to ensure that importing in the Bahamas runs smoothly. Find global buyersand explore new markets.
Import to Bahamas
The Bahamas is a beautiful, tropical part of the world where people throught the world choose to spend their vacation. The people of Bahamas are friendly and warm with a unique culture. The country is characterized by a strong and stable economy although the part of earnings are built upon the tourist and banking industries. Recently, new hotels, amazing homes and beautiful resorts have been developed in the Bahamas.
The mainimports for this country include mineral fuels, transport equipment and machinery, chemicals, foodstuffs, and live animals.There are also many people who import cars from the United States to this country. The maintrading partners of the Bahamas are the United States, South Korea, Japan, Italy, Singapore, Venezuela, and Spain respectively.
The Bahamas imports for food productsaccount for $250 million annually, which is close to 80% of all food consumed there. One of the main goals of the Bahamian government is to expand production of agriculture. This reform would lower the amount of Bahamas imports while generating a greater amount of foreign exchange.
Another aspect of Bahamas imports is the services sector. Today, about 110 companies are in operation within the Bahamas that have an affiliation to the US. Of these, the majority are connected in one form or another to banking or tourism. Keep in mind that most of foodstuff consumed in the Bahamas come from the US. Consequently, services and products from the United States are usually favored by the people of the Bahamas in that the culture of both countries is very similar. The same refers to the advertising and marketing efforts.
Want to start importing to the Bahamas? It doesn't matter if you a re an established business, or a start-up, Export Portal is your one stop destination for advertising your company globally. Check out the The Bahamas Trade, Bahamas Exports, Bahamas Imports here.
For any computer, laptop or touch pad owner and user it is important to have the best from working with the devices. In order to become much more efficient, get better results and also for the work to be performed easily, there are certain basic computer accessories available, that will help you in this cause. On Export Portal you can buy computer accessories and tablets accessories of all kinds, find everything you need for your computer technology.
Computer accessories can be divided into two categories: basic computer accessories such as uninterrupted power supply (UPS), surge protectors, cleaning and repair kits, cases and covers, headsets, and advanced computer accessories like webcams, portable storage devices, microphones, PC games, CD and DVD drives. Shop online for computer accessories on Export Portal!
Cases and covers are most basic accessories for computers for their protection. These computer bags, computer covers and laptop skins can be utilized to provide ease when it comes to transporting computers, security from damages and other similar purposes. These types of accessories come in handy for cautious users who use their computers with care and protection. Though these are very minor innovations and accessories for the computer, these can be very useful for long term usage, especially in dusty environments.
For any user it is good to know how to repair a small problem. The repair kits are very handy for regular maintenance of computers, such as for dusting and cleaning the monitor, keyboard, CPU and the mouse. Computer cleaners are used to keep your device in order.
Normally, we have a lot of files to save like pictures, music and documents. Blank media is one of the ways to do it. It comes in many different shapes and sizes, for a wide variety of applications. Blank discs include recordable and rewritable CDs, DVDs, and Blu-ray discs. Blank tapes include VHS, S-VHS, Mini DV, and audio cassettes.
Computer cables and connectors represent another field of accessories necessary when using computer devices. Export Portal offers a wide range of diverse computer cables, mini display ports, amplifiers, male to male cables and other types of cables.
It is a good place to buy or sell computer accessories like keyboard covers, mouse pads or screen protectors. Choose Export Portal for the best deals on purchasing computer accessories!
Customs requirements of Bahamas
Bahamas Customs Department Contacts
Website: http://www.bahamas.gov.bs/
Address: Customs House Thompson Blvd. P.O. Box N-155 Nassau N.P. The Bahamas
Telephone: +12423256550
Today the Bahamas aims to reduce its dependence on a single sector and to concentrate on foreign trade. The government is actively pursuing a policy of diversification and liberalization. Nevertheless, custom duties remain very high (60% of the national income). There are no significant barriers to trade in the country. In spite of its high custom duties, complex rules and regulations on imports, the country has a liberal trade policy. Thus there are no significant barriers to trade.
Import Requirements
The Bahamas is a member of the Caribbean Community. Because it is not a signatory to CARIFTA, it does not apply the Common External Tariff for customs duties purposes. The Bahamas aims to reduce its dependence on customs duty and widen its tax base by introducing a consumption-based Value Added Tax on imported goods and services. Customs duties are applied on the CIF value of imported goods and on average is 33% plus a stamp duty of 2% - 7%. Certain items are imported duty-free. The control of imports is exercised by Customs. All permitted goods may be imported without a licence.
Import Procedure
All importers must hold a valid business license issued them by the Ministry of Finance.
The Ministry of Agriculture must issue an import permit for shipments of: live plants and animals, fruits, vegetables, meat and poultry.
The Ministry of Finance issues permits for the importation of: slot machines, trailers and caravans.
The Ministry of Health issues permits for imports of medicine.
The Customs Department issues permits for imports of essential chemicals and precursor chemicals.
The Commissioner of Police issues permits for importations of fireworks, underwater guns, arms and ammunition.
Sources:
https://en.santandertrade.com/international-shipments/bahamas/trade-profile