Tariff Rates
The Bahamas Customs & Excise Department is the country’s second-largest revenue agency. Since the introduction of Value-Added Tax (VAT) in 2015, the government has gradually lowered average import duties, though they remain among the highest in the region. In FY 2023/2024, customs and other import duties totaled $214.2 million, while excise duties accounted for approximately $196.7 million (Central Bank of The Bahamas / Ministry of Finance estimates). ogether, customs and excise duties remain key contributors to government revenue, though VAT continues to be the largest single revenue source. Additional information on tariff rates, including rates applicable to Frequently Imported Items, can be accessed via the Bahamas Customs 2024/2025 government and Excise Department website.
Import Licenses
Permits are required for the import of certain items. Applications for permits should be made to the government ministry or office indicated below:
- Poultry, meats, vegetables, fruits, live plants, and animals: Ministry of Agriculture, Marine Resources and Family Island Affairs
- Medicines and Pharmaceuticals (Dangerous Drugs): Ministry of Health and Wellness
- Slot machines, trailers, and recreational vehicles (temporary use only): Ministry of Finance
- Firearms, fireworks, and underwater guns other than Hawaiian sling spearfishing devices: Commissioner of Police
- Precursor and essential chemicals: Customs and Excise Department
- Motor vehicles with a non-rebuildable title, principally designed for the transport of goods and people: Ministry of Finance
- Motor vehicles or motorcycles ten years or older: Ministry of Finance
- Liquid or Liquified Petroleum Gas: Ministry of the Environment and Natural Resources (*An import license is not required, but a certificate is required to show the product can be transported and stored safely.)
Information regarding current import regulations may be obtained from the Bahamas Customs and Excise Department.