Loading..

Bermuda Trade

Latest trade data available from various sources.
Bermuda monthly trade data
Bermuda quarterly trade data

Please note: The data from various sources are not from the same year.

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

Overall Exports and Imports for Bermuda 2022

  • The total value of exports (FOB) is US$ 34 million.
  • The total value of imports (CIF) is US$ 1,192 million.
  • At the HS6 digit level, 565 products are exported to 26 countries and 3,433 products are imported from 179 countries.

Top 5 Products exports imports at HS 6 digit level 2022

The top five exported HS 6 digit level products to world by Bermuda along with trade value are:

  • Bermuda exported Rum and tafia , worth 2,362.54 (US$ Thousands).
  • Bermuda exported Aircraft engines, spark-ignition reciprocating , worth 1,828.98 (US$ Thousands).
  • Bermuda exported Generating sets,diesel or semi-diesel exceeding , worth 883.00 (US$ Thousands).
  • Bermuda exported Parts of machines & mechanical appliances nes h , worth 486.12 (US$ Thousands).
  • Bermuda exported Instruments and appliances used in medical or v , worth 454.05 (US$ Thousands).

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 138,026.98 (US$ Thousands).
  • Bermuda imported New stamps; stamp-impressed paper; banknotes; c , worth 61,405.57 (US$ Thousands).
  • Bermuda imported Other medicaments of mixed or unmixed products, , worth 25,563.23 (US$ Thousands).
  • Bermuda imported Wine (not sparkling); grape must with by alcoho , worth 13,652.29 (US$ Thousands).
  • Bermuda imported Other bread, etc, nes; communion wafers, rice p , worth 12,932.09 (US$ Thousands).

Bermuda top 5 Export and Import partners 2022

The top five countries to which Bermuda exported 2022 along with the partner share in percentage are:

  1. Bermuda exports to United States worth US$ 28 million, with a partner share of 84.64 percent.
  2. Bermuda exports to United Kingdom worth US$ 3 million, with a partner share of 9.63 percent.
  3. Bermuda exports to Canada worth US$ 1 million, with a partner share of 2.94 percent.
  4. Bermuda exports to Germany worth US$ 1 million, with a partner share of 1.67 percent.
  5. Bermuda exports to Denmark worth US$ 0 million, with a partner share of 0.25 percent.

The top five countries to which Bermuda imported goods 2022 along with the share in percentage are

  1. Bermuda imports from United States worth US$ 852 million, with a partner share of 71.48 percent.
  2. Bermuda imports from Canada worth US$ 102 million, with a partner share of 8.54 percent.
  3. Bermuda imports from United Kingdom worth US$ 64 million, with a partner share of 5.36 percent.
  4. Bermuda imports from China worth US$ 34 million, with a partner share of 2.89 percent.
  5. Bermuda imports from Germany worth US$ 18 million, with a partner share of 1.54 percent.

Bermuda Exports and Imports of Product Groups 2022

Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import.


Tariff and Trade Barriers

Tariffs 2022

Tariffs imposed by Bermuda in 2022 are below.

  • The maximum rate of tariff in percentage on any product is 3,000.
  • The simple average tariff across all products is 22.62.
  • The trade weighted average tariff is 30.26.
  • The total duty free imports in thousands of US dollars are 50,800.61 and duty free tariff line items share is 8.57.

Overall Trade Restrictiveness Index (OTRI)

more »
  • Overall Trade Restrictiveness Index - Applied Tariff for the year is not available.
  • Overall Trade Restrictiveness Index - MFN Tariff for the year is not available.

Non-Tariff Measures (NTM)

more »
  • No Of NTM Measures is not available.
  • No Of NTM Affected Products (HS 6 Digit) is not available.

Temporary Trade Barriers Database (TTDB) .

more »
  • Temporary Trade Barriers in Effect - Simple Average for the year is not available.
  • Temporary Trade Barriers in Effect - Weighted Average for the year is not available.

Bermuda World Development Indicators (WDI) 2022

Key Development Indicators of Bermuda in 2022 are below

WDI

Bermuda Doing Business

  • The ease of doing business rank for Bermuda is not available.
  • The trade across border rank is not available.
Doing Business

Bermuda Country Policy and Institutional Assessment (CPIA),

  • The CPIA Trade Ratings for is not available.
CPIA

BermudaLogistics Performance Index (LPI)

  • The LPI score for Bermuda in is not available.
  • The LPI rank is not available.
LPI

Bermuda Services Service Policy Restrictive Database (SPRD)

  • Services Trade Restrictions Index (Over All) for Bermuda is not available.
SPRD