Overall Exports and Imports for Bermuda 2021
- The total value of exports (FOB) is US$ 29 million.
- The total value of imports (CIF) is US$ 1,055 million.
- At the HS6 digit level, 459 products are exported to 32 countries and 3,450 products are imported from 179 countries.
Top 5 Products exports imports at HS 6 digit level 2021
The top five exported HS 6 digit level products to world by Bermuda along with trade value are:
- Bermuda exported Trailers nes for the transport of goods , worth US$ 12,789.90 million.
- Bermuda exported Special purpose motor vehicles nes , worth US$ 4,709.40 million.
- Bermuda exported Rum and tafia , worth US$ 2,098.97 million.
- Bermuda exported Video recording or reproducing apparatus nes , worth US$ 647.99 million.
- Bermuda exported Generating sets,diesel or semi-diesel exceeding , worth US$ 590.00 million.
The top five imported HS 6 digit level products from world by Bermuda along with trade value are
- Bermuda imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 86,612.94 million.
- Bermuda imported New stamps; stamp-impressed paper; banknotes; c , worth US$ 40,843.61 million.
- Bermuda imported Other medicaments of mixed or unmixed products, , worth US$ 24,026.69 million.
- Bermuda imported Furniture, wooden, nes , worth US$ 14,647.43 million.
- Bermuda imported Wine (not sparkling); grape must with by alcoho , worth US$ 12,730.97 million.
Bermuda top 5 Export and Import partners 2021
The top five countries to which Bermuda exported 2021 along with the partner share in percentage are:
- Bermuda exports to United States worth US$ 26 million, with a partner share of 89.99 percent.
- Bermuda exports to Germany worth US$ 1 million, with a partner share of 4.06 percent.
- Bermuda exports to United Kingdom worth US$ 1 million, with a partner share of 2.78 percent.
- Bermuda exports to Netherlands worth US$ 0 million, with a partner share of 0.92 percent.
- Bermuda exports to Turkey worth US$ 0 million, with a partner share of 0.44 percent.
The top five countries to which Bermuda imported goods 2021 along with the share in percentage are
- Bermuda imports from United States worth US$ 763 million, with a partner share of 72.34 percent.
- Bermuda imports from Canada worth US$ 72 million, with a partner share of 6.83 percent.
- Bermuda imports from United Kingdom worth US$ 63 million, with a partner share of 5.93 percent.
- Bermuda imports from China worth US$ 22 million, with a partner share of 2.08 percent.
- Bermuda imports from Germany worth US$ 18 million, with a partner share of 1.68 percent.
Bermuda Exports and Imports of Product Groups 2021
Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import.
- Bermuda Raw materials exports are worth US$ 0 million, product share of 0.20%.
- Bermuda Raw materials imports are worth US$ 74 million, product share of 7.04%.
- Bermuda Intermediate goods exports are worth US$ 1 million, product share of 2.56%.
- Bermuda Intermediate goods imports are worth US$ 68 million, product share of 6.46%.
- Bermuda Consumer goods exports are worth US$ 3 million, product share of 11.95%.
- Bermuda Consumer goods imports are worth US$ 645 million, product share of 61.15%.
- Bermuda Capital goods exports are worth US$ 21 million, product share of 74.67%.
- Bermuda Capital goods imports are worth US$ 128 million, product share of 12.17%.
Bermuda Trade Indicators 2021
- Hirschman Herfindahl Market concentration index is 0.32.
- Index of export market penetration is 0.32.
- World Growth in percentage is 0.32 and Bermuda Country Growth is -7.87.
Bermuda Service Trade data from WDI 2021
- Bermuda, Service imports (BoP, current US$) is 839,782,685.57.
- Bermuda, Service exports (BoP, current US$) is 1,126,422,597.30.
- Bermuda, Imports of goods and services as percentage of GDP is 24.05 %.
- Bermuda, Exports of goods and services as percentage of GDP is 50.04 %.