Bermuda Trade Summary

2019 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): 27
No. Of products: 677
No. Of partners: 39
Importsmore »
Imports (in US$ Mil): 1,118
No. Of products: 3,394
No. Of partners: 177

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Special purpose moto ...9,870.84
Rum and tafia3,014.68
Trailers nes for the ...1,839.74
Tarpaulins, awnings ...888.98
Aircraft parts nes842.12
Imports (US$ Thousands)
Petroleum oils, etc, ...97,593.22
New stamps; stamp-im ...79,876.70
Parts of electric mo ...50,476.20
Collages and similar ...21,563.16
Other medicaments of ...19,124.05

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States21 78.30
Denmark2 6.95
Canada1 5.31
United Kingdom1 4.04
Antigua and Barbuda1 2.38
Exporter Trade (US$ Mil) Partner share(%)
United States795 71.12
Canada98 8.74
United Kingdom42 3.78
Denmark35 3.17
China25 2.24

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials0 0.76 73 6.56 5.37
Intermediate goods1 4.98 63 5.65 18.39
Consumer goods8 31.60 631 56.44 146.25
Capital goods17 61.52 222 19.90 26.50

Trade Indicators

more »
HH Market concentration index: 0.57
Index of export market penetration: 1.34
World Growth: -1.34
Country Growth: 39.51

Tariffs

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No Of Tariff Agreement: 1
Maximum Rate (%): 3,000
Simple Average (%): 39.96
Weighted Average (%): 103.17
Duty Free Imports (US$ Thousand): 104,068.16
Duty Free Tariff Lines Share (%): 6.60

Development Indicators

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GDP (current US$): 7,423
GNI per capita, Atlas method (current US$): 117,280.00
Trade Balance (% of GDP): 25.93
Trade Balance (current US$ Mil): 1,925.00
Trade in services (% of GDP): 35.82
Trade (% of GDP): 77.56