Bermuda Trade Summary

2016 Data

Bermuda exports, imports, tariff by year.
Bermuda monthly trade data
Bermuda quarterly trade data

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): 8
No. Of products: 423
No. Of partners: 14
Importsmore »
Imports (in US$ Mil): 971
No. Of products: 3,456
No. Of partners: 159

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Rum and tafia4,526.33
Surveying,hydrograph ...528.92
Tools for working in ...347.71
Radio navigational a ...179.06
Spirits from distill ...175.80
Imports (US$ Thousands)
New stamps; stamp-im ...83,986.21
Petroleum oils, etc, ...79,649.29
Other medicaments of ...14,314.52
Wine (not sparkling) ...11,612.25
Other bread, etc, ne ...10,412.38

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States7 89.98
United Kingdom0 5.16
Canada0 2.66
Unspecified0 0.89
India0 0.84
Exporter Trade (US$ Mil) Partner share(%)
United States680 70.00
Canada110 11.30
United Kingdom31 3.23
China24 2.46
Italy10 1.01

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials0 2.18 67 6.92 5.57
Intermediate goods0 2.31 59 6.08 14.08
Consumer goods6 69.22 599 61.62 19.82
Capital goods2 24.22 129 13.31 23.32

Trade Indicators

more »
HH Market concentration index: 0.39
Index of export market penetration: 1.27
World Growth: -1.35
Country Growth: -1.45

Tariffs

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No Of Tariff Agreement: 1
Maximum Rate (%): 1,642.84
Simple Average (%): 18.45
Weighted Average (%): 18.73
Duty Free Imports (US$ Thousand): 111,871.23
Duty Free Tariff Lines Share (%): 6.72

Development Indicators

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GDP (current US$): 6,900
GNI per capita, Atlas method (current US$): 103,620.00
Trade Balance (% of GDP): 25.91
Trade Balance (current US$ Mil): 1,788.00
Trade in services (% of GDP): 32.45
Trade (% of GDP): 72.75