Tourism and financial services are the main factors on which Bahamas is dependent on. Agriculture and fisheries industry also supports the economy of Bahamas. Imports in Bahamas decreased to 698.10 Million Bahamian Dollars in the first quarter of 2015 from 910.30 Million Bahamian Dollars in the fourth quarter of 2014. Imports in Bahamas averaged 668.72 Million Bahamian Dollars from 2002 until 2015, reaching an all-time high of 910.30 Million Bahamian Dollars in the fourth quarter of 2014 and a record low of 373.30 Million Bahamian Dollars in the third quarter of 2002.The Bahamas mainly imports boats, fuel, oil, paintings, iron and steel, vehicles and furniture. The Bahamas’ main imports partners is the United States, accounting for 87 per cent of imports. Others include Venezuela, Netherlands Antilles, Trinidad and Tobago, Japan, Cuba, Switzerland and France.
Following are the import procedure followed in Libya:-
Bahamas is a developing nation and reason behind its development is its tourism and Banking. Exports in Bahamas decreased to 138.20 Million Bahamian Dollars in the first quarter of 2015 from 191.10 Million Bahamian Dollars in the fourth quarter of 2014. Exports in Bahamas averaged 179.91 Million Bahamian Dollars from 2002 until 2015, reaching an all-time high of 263.60 Million Bahamian Dollars in the fourth quarter of 2012 and a record low of 90 Million Bahamian Dollars in the second quarter of 2003.The Bahamas mainly exports fuel, boats, beverages, polymers, shellfish, cyclic compounds, paintings, oil and pebbles. The Bahamas’ main exports partner is the United States, accounting for around 72 per cent of total exports. Others include Canada, Germany, France, the Netherlands, Nigeria, Turks and Caicos Islands, Mexico and the United Kingdom. Our company provides great service and a transparent platform to make trade operations even easier and accessible.
Following mentioned are the export procedure followed in Bahamas:-
• Documents preparation
• Customs clearance and inspections
• Ports and terminal handling
• Inland transportation and handling
• Bill of lading
• Cargo release order
• Commercial invoice
• Customs export declaration
• Packing list
Disclaimer: Policies and procedures for all export, Import have been extracted from various internet resources and published policies by the respective governments. Logimart.com is not responsible for any change or alteration in the above written policies and procedures.