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Bermuda Trade Summary

2010

Bermuda exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR BERMUDA 2010

Overall Exports and Imports for Bermuda 2010

Exports and imports of Bermuda in 2010 are below, along with number of countries and products

  • The total value of exports (FoB) was not available.
  • The total value of imports (CIF) was 970 million.
  • At the HS6 digit level, not available products were exported to not available countries and 3,240 products were imported from 138 countries.

Bermuda top 5 Export and Import partners 2010

Top five countries to which Bermuda exported in 2010 are below, along with the percent of total exports that went to that country:

Top five countries from which Bermuda imported goods in 2010 are below, along with percent of total imports that came from the country :

  1. Bermuda imports from United States worth US$ 695 million, with a partner share of 71.71 percent.
  2. Bermuda imports from Canada worth US$ 78 million, with a partner share of 8.03 percent.
  3. Bermuda imports from Venezuela worth US$ 69 million, with a partner share of 7.14 percent.
  4. Bermuda imports from United Kingdom worth US$ 36 million, with a partner share of 3.70 percent.
  5. Bermuda imports from China worth US$ 9 million, with a partner share of 0.96 percent.

Bermuda Top 5 Productsexports imports at HS 6 digit level 2010

The top five exported HS 6 digit level products to world by Bermuda along with trade value are:

The top five imported HS 6 digit level products from world by Bermuda along with trade value are

  1. Bermuda imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 93,628.58 million.
  2. Bermuda imported New stamps; stamp-impressed paper; banknotes; c , worth US$ 64,476.44 million.
  3. Bermuda imported Generating sets,diesel or semi-diesel exceeding , worth US$ 10,202.42 million.
  4. Bermuda imported Automobiles with reciprocating piston engine di , worth US$ 9,869.72 million.
  5. Bermuda imported Vacuum flasks/vacuum vessels complete w/cases; , worth US$ 9,538.10 million.

Exports and Imports of Product Groups 2010

Exports and imports of products by stages of processing in 2010 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2010

Tariffs imposed by Bermuda in 2010 are below

  • The maximum rate of tariff in percentage on any product was 1,348.11 percent.
  • The simple average tariff across all products was 18.92 percent.
  • The trade weighted average tariff was 18.61 .
  • The total duty free imports in thousands of US dollars were 88,276.78 and duty free tariff line items share was 5.78 percent.

Development Indicators 2010

Key Development Indicators of Bermuda in 2010 are below

  • Bermuda GDP in current US dollar was 6,635 million.
  • GNI per capita, Atlas method (current US$) was 103,480.00 .
  • Bermuda Trade balance: as % of GDP was 26.99.
  • Trade balance in current US$ was 1,791.00 million.
  • Trade as percentage of GDP was 74.60 .
  • Trade in services as percentage of GDP was 36.40 .

Trade Indicators 2010

Trade Indicators for Bermuda in 2010 are below

  • Hirschman Herfindahl market concentration index was 0.54.
  • Index of export market penetration was 1.32.
  • World Growth in percentage was 9.74 and Bermuda Country Growth was 90.22 .