Australia and the Bahamas enjoy friendly relations, based on the common membership of the Commonwealth and other historical, social and cultural connections. Both states also cooperate in the United Nations and different international fora to address a range of transnational challenges. But still, Australia has a modest trade relationship with the Bahamas.
There are no quotas on imports in the Bahamas, and protective duties are only applied towards agricultural goods in season. For the majority of imports, only exchange control permission to pay for goods concerned is required. Gaming machines and firearms can't be imported without prior acquisition or import licenses. The import of articles such as infected cattle, spoiled meats, and those articles that bear a similar design to Bahamian currency is banned.
There are no prohibitions of imports with regard to country of origin, nor in regular circumstances is trade with any particular country prohibited. All nominations of imports are made by Bahamian regulation, without reference to the 1988 Harmonized Commodity Description and Coding System for classifying imported goods and for customs duties purposes, which has not been adopted by The Bahamas.
Customs duties are fixed by Bahamian legislation. Generally, the rate of duty levied on imports is 33%, but other rates are also applicable. Duties in The Bahamas must be paid upon arrival of individual import consignments.
Under the following investment incentive legislation, building materials, equipment, and a number of raw materials may be exempted from payment of customs duties: The Industries Encouragement Act, The Tariff Act, The Free Trade Zone Act, The Hotels Encouragement Act, The Spirits and Beer Manufacturers Act, and The Agricultural Manufacturers Act. | 
