Bermuda Trade

Latest trade data available from various sources.

Please note: The data from various sources are not from the same year.
Bermuda monthly trade data
Bermuda quarterly trade data

Country / Region
For viewing trade, tariff data for country or region by year click here.
Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.



Overall Exports and Imports

Exports (in US$ Mil) 29
No. Of products 459
No. Of partners 32
Imports (in US$ Mil) 1,055
No. Of products 3,450
No. Of partners 179

Trade Indicator

HH Market concentration index0.32
Index of export market penetration1.38
World Growth12.59
Country Growth-7.87

Service Indicators 2021

Service imports (BoP, current US$)839,782,685.57
Service exports (BoP, current US$)1,126,422,597.30
Imports of goods and services (% of GDP)24.05
Exports of goods and services (% of GDP)50.04

Bermuda top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States26 89.99
Germany1 4.06
United Kingdom1 2.78
Netherlands0 0.92
Turkey0 0.44
Exporter Trade (US$ Mil) Partner share(%)
United States763 72.34
Canada72 6.83
United Kingdom63 5.93
China22 2.08
Germany18 1.68

Bermuda Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials0 0.20 74 7.04 5.33
Intermediate goods1 2.56 68 6.46 15.66
Consumer goods3 11.95 645 61.15 27.07
Capital goods21 74.67 128 12.17 26.25

Top 5 Products exports imports at HS 6 digit level

Trailers nes for the ...12,789.90
Special purpose moto ...4,709.40
Rum and tafia2,098.97
Video recording or r ...647.99
Generating sets,dies ...590.00
Petroleum oils, etc, ...86,612.94
New stamps; stamp-im ...40,843.61
Other medicaments of ...24,026.69
Furniture, wooden, n ...14,647.43
Wine (not sparkling) ...12,730.97

Tariff and Trade Barriers for Bermuda

Tariffs 2021

No. Of Tariff Agreement 1
Simple Average (%) 22.24
Duty Free Imports (US$ Thousand) 63,766.04
Maximum Rate (%) 3,000
Weighted Average (%) 23.84
Duty Free Tariff Lines Share (%) 7.03

Overall Trade Restrictiveness Index (OTRI)

Overall Trade Restrictiveness Index - MFN Tariff...
Overall Trade Restrictiveness Index - Applied Tariff...

Services Service Policy Restrictive Database (SPRD)

Services Trade Restrictions Index - Over All...

Non-Tariff Measures (NTM)

No Of NTM Measures...
No Of NTM Affected Products (HS 6 Digit)...

Temporary Trade Barriers Database (TTDB)

Temporary Trade Barriers in Effect - Simple Average...
Temporary Trade Barriers in Effect - Weighted Average...

World Development Indicators (WDI)

2021 WDI »
GDP (current US$ Mil)7,127
GNI per capita, Atlas method (current US$)120,020.00
Trade Balance (current US$ Mil)1,853.00
Trade Balance (% of GDP)25.99

Doing Business

Doing Business »
Ease of Doing Business Rank...
Trading Across Borders Rank...

Country Policy and Institutional Assessment (CPIA)

CPIA Trade Ratings...

Logistics Performance Index (LPI)

LPI Score...
LPI Rank...