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Bahamas

 

Market Reports

 

Fairs Report: The Bahamas (Updated on 11/27/2010)

 

As part of the process to accede to the World Trade Organization (WTO), The Bahamas is in the midst of reforming much of its legislation and regulatory structures on food and agricultural products.  New and more detailed labeling requirements, among other changes, are expected to be enacted in 2011.  Still, these changes are not expected to alter the fact that The Bahamas is very receptive to U.S. products.  With 95 percent of food and agricultural product imports traditionally coming from the United States, The Bahamas recognizes and accepts U.S. standards for nearly all farm products.

 

 

The Bahamas Retail Food Sector 11/15/07

With less than one percent of arable land for farming and a limited food-processing sector, the Bahamas imports the majority of its food needs.  In addition, over 1.6 million stopover tourists visit the Bahamas each year further increasing the need for food imports.  In 2005, the Bahamas imported nearly $338 million in food products.  U.S. food exports dominate the retail food industry with a 90+ percent market share in all major product categories.  The strong influence of American lifestyle and culture on Bahamians has led to U.S. food products and brands being the most preferred and commonly visible products in retail outlets.  As disposable incomes continue to increase, the Bahamian consumer has a greater opportunity to purchase a wider variety of high-quality food products.

The Bahamas HRI Food Service Sector Report 8/10/2007

As the tourism sector continues to expand and disposable incomes steadily increase, the Bahamasí food service sector maintains its status as one of the top markets in the Caribbean for U.S. food exports.  While 86% of the tourists to the Bahamas are Americans, there is a strong preference for U.S. products in the Bahamasí food service outlets.  There is also a strong appeal for U.S. products among the local patrons at Bahamian restaurants.  This is primarily due to the ever-present influence of American lifestyle and culture on Bahamians.  In 2005, the Bahamas imported nearly $388 million in food products, of which the United States had nearly a 90+ percent market share in all major product categories

 

 

Eggs and Egg Products Market Research 12/2005

Executive Summary

 

 

The Bahamas HRI Report 10/23/03

 

The Bahamasí food service sector imports nearly $107 million in food and beverage products each year, of which the United States has a 98% market share.  Since 3.5 million or 85% of the tourists to the Bahamas are Americans, the products preferred in the United States also appeal to the food service market in the Bahamas.  Local patrons at Bahamian restaurants also prefer American brands due to influences from their exposure to U.S. culture.

 

The Market Development Report: The Bahamas 3/28/2001

 

 The Bahamas is one of the best and easiest markets in the Caribbean islands for introducing new U.S. products. The Bahamas, depending on the United States for 77 percent of their food import needs, provides an excellent opportunity to introduce new U.S. products for many reasons.

 

 

Retail Food Sector Report: The Bahamas     (11/15/2000)

 

This report provides information on the retail food sector in the Bahamas. It describes the types of outlets operating in the market, the channels of and trends in distribution, the best prospects and the advantages and challenges facing US exporters in that market.

  

 

Country Commercial Guide Index

 

Country Commercial Guides (CCG's) are prepared annually by U.S. Embassies with the assistance of several U.S. government agencies. These reports present a comprehensive look at countries' commercial environments, using economic, political and market analysis. 

 

Country Information Guide

 

The World Factbook -- provided by -- Central Intelligence Agency

The Hoover Commission's Clark Committee, set up in 1954 to study the structure and administration of the CIA, reported to Congress in 1955 that: "The National Intelligence Survey is an invaluable publication which provides the essential elements of basic intelligence on all areas of the world.  There will always be a continuing requirement for keeping the Survey up-to-date." The Factbook was created as an annual summary and update to the encyclopedic NIS studies.

   

For Market Information on any other country click on the link below.

 
Anguilla | Antigua and Barbuda | Aruba | The Bahamas | Barbados | Bermuda | British Virgin Islands | Caribbean Netherlands (Bonaire, Sint Eustatius, Saba) | Cayman Islands | Curacao| Dominica | Grenada | Guadeloupe| Martinique | Montserrat | Saint Barthťlemy | Saint Kitts and Nevis | Saint Lucia | Saint Martin |Saint Vincent and the Grenadines | Sint Maarten Trinidad and Tobago | Turks and Caicos Islands

 

This page was last updated: 10/17/2012