Bermuda Trade at a Glance : Most Recent Values

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
Year
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.

TRADE SUMMARY FOR Bermuda

2016

Overall Exports and Imports

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

Trade Indicator

HH Market concentration index0.39
Index of export market penetration1.27
World Growth-4.43
Country Growth32.93

Service Indicators

Service imports (BoP, current US$)...
Service exports (BoP, current US$)...
Imports of goods and services (% of GDP)...
Exports of goods and services (% of GDP)...

Bermuda 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

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 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

Top 5 Products exports imports at HS 6 digit level

Exports
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
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

Tariff and Trade Barriers for Bermuda

Tariffs 2016

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

Overall Trade Restrictiveness Index (OTRI)

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

Services Service Policy Restrictive Database (SPRD)

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)

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

World Development Indicators (WDI)

2016 WDI »
Population65,331
GDP (current US$ Mil)...
GNI per capita, Atlas method (current US$)...
Trade Balance (current US$ Mil)...
Trade Balance (% of GDP)...

Doing Business

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

Country Policy and Institutional Assessment (CPIA)

CPIA »
CPIA Trade Ratings...

Logistics Performance Index (LPI)

LPI »
LPI Score...
LPI Rank...