Business
Trade Up More Than 40%, Signs of Recovery
NASSAU, BAHAMAS – Merchant trade shot up 43 percent in fourth quarter of 2021, according to The Bahamas National Statistical Institute’s Foreign Trade Statistics Quarterly Report, released Wednesday.
NASSAU, BAHAMAS – Merchant trade shot up 43 percent in fourth quarter of 2021, according to The Bahamas National Statistical Institute’s Foreign Trade Statistics Quarterly Report, released Wednesday.
The value of commodities that entered The Bahamas during that period totaled $925 million.
The increase in imports coincides with the ramping up of the tourism sector, which saw strong gains in 2021, compared to 2020 when the tourism industry was hampered by travel restrictions and emergency lockdown orders.
The report says the major groups of merchandise, were ‘mineral fuels lubricants and related materials’ which totaled $200 million, ‘food and live animals’ at $161 million and ‘machinery and transport equipment’ which totaled $139 million.
Two Killed In Separate Incidents
Red Cross Fair Marks 80th Year
National Family Island Regatta Wraps Up In Exuma
Aviation Minister Disputes American Airlines’ Alleged Ultimatum
Fund Transparency In Question; Minister On Defense Amidst Criticism
Former FNM Cabinet Minister Backs PPP For Power Company
Young Father Finds Hope By Helping His Community
12-Year-Sentence for Man Convicted of Raping Woman After Leaving Bar
PM: I Don’t Want A Trickle, I Want Them To Get The Whole Pie
#MeToo Founder ‘Angry, Sad’ About Weinstein Verdict
Charlie Bahama Show Returns For Season 10
Prime Minister: It’s Simply How They View Things
Aviation Minister Disputes American Airlines’ Alleged Ultimatum
National Family Island Regatta Wraps Up In Exuma
Red Cross Fair Marks 80th Year
Two Killed In Separate Incidents
Fantasia Set To Perform At 24th Annual Parkinson’s Ball
An Incredible Dolphin Encounter at Blue Lagoon Island
-
National2 days agoYoung Father Finds Hope By Helping His Community
-
Court2 days ago12-Year-Sentence for Man Convicted of Raping Woman After Leaving Bar
-
National2 days agoPM: I Don’t Want A Trickle, I Want Them To Get The Whole Pie
-
International2 days ago#MeToo Founder ‘Angry, Sad’ About Weinstein Verdict
-
National2 days agoCharlie Bahama Show Returns For Season 10
-
National2 days agoPrime Minister: It’s Simply How They View Things
-
National2 days agoMore Sponsors Come On Board for World Relays Bahamas
-
National9 hours agoRed Cross Fair Marks 80th Year