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Cultural 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...
Read moreIntroductionThe Bahamas, a nation with a dynamic economy driven by tourism and services, has seen a significant uptick in its importation of machinery and transport equipment. In 2023, this category accounted for approximately $875 million, representing 21% of the country's total imports . This growing demand presents a strategic opportunity for CARICOM (Caribbean Community) member states to enhance regional trade by supplying these essential goods.ewnews.com+1bahamaslocal.com+1The Bahamas' Impo...
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