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In 2023, The Bahamas imported approximately $160.7 million worth of furniture, lighting products, and prefabricated structures, accounting for nearly 4% of its total imports. This demonstrates growing domestic demand driven by booming real estate, resort development, and hospitality sectors. These sectors offer emerging opportunities for CARICOM manufacturers keen to carve a niche with locally manufactured, culturally resonant furniture and modular building solutions. This article explores curre...
Read moreCultural Commerce in the BahamasIn 2023, The Bahamas imported approximately $167.6 million of works of art, collectors’ pieces, and antiques. That’s nearly 4% of its total imports—a testament to how vibrant cultural heritage permeates its domestic market. Art, crafts, and collectibles aren't merely decorative goods here; they are strategic assets that bolster tourism appeal, luxury hospitality, and cultural diplomacy.For CARICOM countries—home to world-class artistry, jazz, steel pan music, scul...
Read moreElectrical Machinery and EquipmentOverviewIn 2023, The Bahamas imported approximately $259 million worth of electrical machinery and equipment, accounting for about 6.2% of its total imports. This category encompasses a wide range of products, including electrical transformers, circuit breakers, switchboards, and other essential components for power distribution and industrial applications.Current Import SourcesThe primary supplier for these electrical goods is the United States, contributing t...
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