Annual International Trade Statistics by Country (HS02)
Publication date: 2021-08-09
Reporting period: 2002 - 2020
Timeseries: 177 million
Source:UN Comtrade
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Bermuda | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2009 - 2020

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Commodity Reporter Partner Trade flow Indicator 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
TOTAL. ALL COMMODITIES Bermuda World Exports Value (US$) 9 624 203.00 21 705 082.00 11 968 501.00 8 622 430.00 8 317 389.00 11 742 165.00 22 912 424.00 26 832 552.00 19 103 500.00
Value Growth, YoY (%) 125.526 -44.858 -27.957 -3.537 41.176 95.129 17.109 -28.804
Imports Value (US$) 1 028 090 585.00 969 629 106.00 880 766 921.00 866 904 652.00 994 572 258.00 961 075 407.00 928 900 937.00 971 429 410.00 1 078 213 784.00 1 070 009 014.00 1 117 764 475.00 903 950 587.00
Value Growth, YoY (%) -10.349 -5.686 -9.164 -1.573 14.726 -3.367 -3.347 4.578 10.992 -0.76 4.463 -19.128

The value of merchandise exports from Bermuda totalled $ 19.1 million in 2020. Overall commodity exports from Bermuda decreased by 28% compared to 2019. Merchandise exports decreased by $ 7.72 million (the value of merchandise exports from Bermuda amounted to $26 million in 2019)

Bermuda's exports 2020 by country

Top export destinations of commodities from Bermuda in 2020:

  • USA with a share of 94% (17.9 million US$)
  • United Kingdom with a share of 1.53% (293 thousand US$)
  • Germany with a share of 1.28% (245 thousand US$)
  • Denmark - 161 thousand US$
  • Belgium - 135 thousand US$
  • Canada - 112 thousand US$
  • Switzerland - 63 thousand US$
  • Ireland - 32 thousand US$
  • Japan - 11.7 thousand US$
  • Norway - 10.6 thousand US$

Exports structure from Bermuda in 2020 represented by the following main commodity groups:

  • 48% (9.23 million US$): 92 - Musical instruments; parts and accessories of such articles
  • 15% (2.86 million US$): 22 - Beverages, spirits and vinegar
  • 8.31% (1.58 million US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 6.21% (1.18 million US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 5.74% (1.09 million US$): 73 - Articles of iron or steel
  • 4.83% (923 thousand US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 4.25% (813 thousand US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 1.27% (244 thousand US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin
  • 0.991% (189 thousand US$): 24 - Tobacco and manufactured tobacco substitutes
  • 0.987% (188 thousand US$): 39 - Plastics and articles thereof

What did Bermuda export in 2020?

Bermuda's Top Exports in 2020:

  • 48% ($9.2 million): 9209 - Parts (for example, mechanisms for musical boxes) and accessories (for example, cards, discs and rolls for mechanical instruments) of musical instruments; metronomes, tuning forks and pitch pipes of all kinds.
  • 14.6% ($2.8 million): 2208 - Undenatured ethyl alcohol of an alcoholic strength by volume of less than 80 % vol; spirits, liqueurs and other spirituous beverages.
  • 7.82% ($1.49 million): 8705 - Special purpose motor vehicles, other than those principally designed for the transport of persons or goods (for example, breakdown lorries, crane lorries, fire fighting vehicles, concrete-mixer lorries, road sweeper lorries, spraying lorries, mobile workshops, mobile radiological units).
  • 5.64% ($1.07 million): 7308 - Structures (excluding prefabricated buildings of heading 94.06) and parts of structures (for example, bridges and bridge?sections, lock?gates, towers, lattice masts, roofs, roofing frame?works, doors and windows and their frames and thresholds for doors, shutters, balustrades, pillars and columns), of iron or steel; plates, rods, angles, shapes, sections, tubes and the like, prepared for use in structures, of iron or steel.
  • 2.97% ($569 thousand): 8502 - Electric generating sets and rotary converters.
  • 2.67% ($511 thousand): 9007 - Cinematographic cameras and projectors, whether or not incorporating sound recording or reproducing apparatus.
  • 1.43% ($274 thousand): 8427 - Fork-lift trucks; other works trucks fitted with lifting or handling equipment.
  • 1.27% ($243 thousand): 7113 - Articles of jewellery and parts thereof, of precious metal or of metal clad with precious metal.
  • 1.26% ($241 thousand): 9018 - Instruments and appliances used in medical, surgical, dental or veterinary sciences, including scintigraphic apparatus, other electro-medical apparatus and sight-testing instruments.
  • 1.1% ($211 thousand): 8425 - Pulley tackle and hoists other than skip hoists; winches and capstans; jacks.

The value of merchandise imports to Bermuda totalled $ 903 million in 2020. Overall commodity imports to Bermuda decreased by 19.1% compared to 2019. Merchandise imports decreased by $ 213 million (the value of merchandise imports to Bermuda was equal to $1.11 billion in 2019)

Bermuda's imports 2020 by country

Top trading partners (import sources) of Bermuda in 2020:

  • USA with a share of 69% (632 million US$)
  • Canada with a share of 7.9% (71 million US$)
  • United Kingdom with a share of 5.03% (45 million US$)
  • China with a share of 3.03% (27 million US$)
  • Netherlands with a share of 1.22% (11 million US$)
  • Germany with a share of 1.09% (9.87 million US$)
  • The Bahamas with a share of 1.04% (9.42 million US$)
  • Japan - 8.68 million US$
  • France - 7.9 million US$
  • Mexico - 6.94 million US$

Imports structure to Bermuda in 2020 represented by the following main commodity groups:

  • 16.4% (148 million US$): 99 - Commodities not specified according to kind
  • 6.47% (58 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 5.86% (53 million US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 4.64% (41 million US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 4.55% (41 million US$): 22 - Beverages, spirits and vinegar
  • 4.25% (38 million US$): 94 - Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings
  • 4.17% (37 million US$): 49 - Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans
  • 3.36% (30 million US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 3.23% (29 million US$): 39 - Plastics and articles thereof
  • 2.55% (23 million US$): 02 - Meat and edible meat offal

What did Bermuda import in 2020?

Bermuda's Top Imports in 2020:

  • 5.59% ($50 million): 2710 - Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70 % or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations; waste oils.
  • 3.86% ($34 million): 4907 - Unused postage, revenue or similar stamps of current or new issue in the country in which they have, or will have, a recognised face value; stamp-impressed paper; banknotes; cheque forms; stock, share or bond certificates and similar documents of title.
  • 2.29% ($20 million): 9403 - Other furniture and parts thereof.
  • 1.77% ($16 million): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars.
  • 1.74% ($15.7 million): 3004 - Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale.
  • 1.6% ($14.4 million): 1905 - Bread, pastry, cakes, biscuits and other bakers' wares, whether or not containing cocoa; communion wafers, empty cachets of a kind suitable for pharmaceutical use, sealing wafers, rice paper and similar products.
  • 1.44% ($13 million): 2204 - Wine of fresh grapes, including fortified wines; grape must other than that of heading 20.09.
  • 1.15% ($10.4 million): 2202 - Waters, including mineral waters and aerated waters, containing added sugar or other sweetening matter or flavoured, and other non-alcoholic beverages, not including fruit or vegetable juices of heading 20.09.
  • 1.05% ($9.54 million): 4818 - Toilet paper and similar paper, cellulose wadding or webs of cellulose fibres, of a kind used for household or sanitary purposes, in rolls of a width not exceeding 36 cm, or cut to size or shape; handkerchiefs, cleansing tissues, towels, tablecloths, serviettes, napkins for babies, tampons, bed sheets and similar household, sanitary or hospital articles, articles of apparel and clothing accessories, of paper pulp, paper, cellulose wadding or webs of cellulose fibres.

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Bermuda | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2009 - 2020