Bermuda Trade Summary

2011 Data

Bermuda exports, imports, tariff by year.

Country / 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

Overall Exports and Imports

Exportsmore »
Exports (in US$ Mil): ...
No. Of products: ...
No. Of partners: ...
Importsmore »
Imports (in US$ Mil): 881
No. Of products: 3,234
No. Of partners: 149

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Imports (US$ Thousands)
Petroleum oils, etc, ...85,639.46
New stamps; stamp-im ...76,252.21
Other medicaments of ...12,658.55
Furniture, wooden, n ...9,717.74
Other bread, etc, ne ...8,917.70

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Exporter Trade (US$ Mil) Partner share(%)
United States625 70.97
Canada107 12.19
Venezuela36 4.03
United Kingdom28 3.14
China8 0.92

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials... ... 42 4.72 5.42
Intermediate goods... ... 51 5.81 15.28
Consumer goods... ... 510 57.91 16.68
Capital goods... ... 120 13.64 23.39

Trade Indicators

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HH Market concentration index: 0.32
Index of export market penetration: 1.32
World Growth: 9.30
Country Growth: -8.53

Tariffs

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No Of Tariff Agreement: 1
Maximum Rate (%): 1,227.81
Simple Average (%): 18.92
Weighted Average (%): 17.06
Duty Free Imports (US$ Thousand): 103,934.42
Duty Free Tariff Lines Share (%): 6.15

Development Indicators

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GDP (current US$): 5,551
GNI per capita, Atlas method (current US$): 107,530.00
Trade Balance (% of GDP): 18.79
Trade Balance (current US$ Mil): 1,043.00
Trade in services (% of GDP): 42.42
Trade (% of GDP): 76.48