Bermuda Trade Summary

2013 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): 22
No. Of products: 386
No. Of partners: 19
Importsmore »
Imports (in US$ Mil): 995
No. Of products: 3,377
No. Of partners: 159

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
String musical instr ...10,001.87
Strings, musical ins ...2,600.00
Parts of balloons, d ...1,791.67
Transmission apparat ...1,627.36
Generators and alter ...517.03
Imports (US$ Thousands)
Petroleum oils, etc, ...153,937.66
New stamps; stamp-im ...82,505.15
Other medicaments of ...21,768.43
Other bread, etc, ne ...10,017.67
Automobiles with rec ...9,274.03

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United Kingdom15 68.06
United States6 29.18
Unspecified0 0.92
Canada0 0.65
Georgia0 0.61
Exporter Trade (US$ Mil) Partner share(%)
United States684 68.82
Canada122 12.22
Bahamas, The62 6.20
United Kingdom34 3.43
China11 1.14

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials0 1.23 63 6.35 5.51
Intermediate goods5 22.38 53 5.36 13.77
Consumer goods11 52.33 646 64.93 17.54
Capital goods5 23.99 121 12.16 23.82

Trade Indicators

more »
HH Market concentration index: 0.46
Index of export market penetration: 1.28
World Growth: 1.01
Country Growth: 15.74

Tariffs

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No Of Tariff Agreement: 1
Maximum Rate (%): 1,141.15
Simple Average (%): 18.32
Weighted Average (%): 17.23
Duty Free Imports (US$ Thousand): 112,258.90
Duty Free Tariff Lines Share (%): 5.85

Development Indicators

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GDP (current US$): 5,574
GNI per capita, Atlas method (current US$): 106,140.00
Trade Balance (% of GDP): 18.08
Trade Balance (current US$ Mil): 1,007.00
Trade in services (% of GDP): 40.80
Trade (% of GDP): 77.26