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2.6

weighted score 2.6 · nine dimensions

Country Risk Profile

Bahamas

Sourcing risk, regulatory exposure and audit intelligence for Bahamas-origin supply chains.

Forced & child labour

2

Low risk. No TVPRA listings. Services-dominated economy. Haitian migrant workers in domestic sectors are a concern but not export-relevant.

Worker rights & FOA

2

Freedom of association protected. Trade unions operate. Labour rights framework is functional. English common law tradition provides worker protections.

OHS & audit transparency

3

Occupational health and safety standards are adequate. Services economy means lower industrial OHS exposure. Maritime sector has specific safety requirements.

Food & product safety

2

Limited goods exports. Seafood exports meet international standards. Food safety regulatory framework is adequate for the economy's size and complexity.

Environmental & regulatory

2

Marine environment protection is a priority. Tourism drives environmental preservation incentives. Hurricane vulnerability is the primary environmental risk rather than industrial pollution.

Governance & anti-corruption

2

TI CPI 2025: 64. Parliamentary democracy. Independent judiciary. Progress on financial transparency has addressed historical concerns about offshore sector governance.

Tariff & preferential access

4

CARIFORUM-EU EPA provides preferential access. CBI preferences for US market. Limited goods exports reduce the commercial significance of tariff preferences.

Non-tariff barriers

3

Limited NTB exposure given services-dominated economy. Seafood and salt exports face few barriers. Documentation capacity is adequate.

Supply chain traceability

3

Simple supply chains given services dominance. Freeport transshipment operations have documentation requirements. Financial services have strong traceability by nature.

Labour & Social Risk

Labour & Social Risk

Labour standards
Bahamas has adequate labour protections under English common law. Freedom of association is protected. Trade unions operate freely. No TVPRA listings for goods produced with forced or child labour.
Migrant workers
Haitian migrant workers (both documented and undocumented) are present in agriculture and construction. Labour rights for irregular migrants are a documented concern, though this affects domestic services rather than export supply chains.
Risk profile
Low forced and child labour risk for export-relevant sectors. Tourism and financial services dominate the economy with formal employment relationships.

Governance & Financial Transparency

Governance & Financial Transparency

Governance
TI CPI 2025: 64. Parliamentary democracy with regular elections. Independent judiciary under English common law. Governance is adequate though slightly below Barbados.
Financial transparency
Historical reputation as offshore financial centre has attracted OECD/FATF scrutiny. The Bahamas has made significant progress on tax transparency and AML compliance. No longer on EU list of non-cooperative jurisdictions.
EU trade access
CARIFORUM-EU EPA provides preferential tariff access. Limited goods exports to the EU mean trade access is less commercially significant than for manufacturing economies.