Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2022
Timeseries: 194 million
Source:TrendEconomy
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Bermuda | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2007 - 2018

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2007
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2018
TOTAL. ALL COMMODITIESBermudaWorldExportsValue (US$)9,624,203.0021,705,082.0011,968,501.008,622,430.008,317,389.0011,742,165.6722,912,424.54
Value Growth, YoY (%)125.52-44.85-27.95-3.5341.1795.12
ImportsValue (US$)1,133,147,087.001,146,777,916.001,028,090,585.00969,629,106.00880,766,921.00866,904,652.00994,572,258.00961,075,407.00928,900,937.00971,429,410.001,078,213,784.731,070,009,014.92
Value Growth, YoY (%)5.801.20-10.34-5.68-9.16-1.5714.72-3.36-3.344.5710.99-0.76

The value of merchandise exports from Bermuda totalled $ 22 million in 2018. Merchandise exports from Bermuda increased by 95% compared to 2017. Goods exports grew up by $ 11.1 million in 2018 (the value of merchandise exports from Bermuda amounted to $11.7 million in 2017)

Bermuda's exports 2018 by country

Top export destinations of commodities from Bermuda in 2018:

  • USA with a share of 62% (14.3 million US$)
  • Areas, nes with a share of 18.4% (4.22 million US$)
  • United Kingdom with a share of 6.15% (1.4 million US$)
  • Canada with a share of 5.16% (1.18 million US$)
  • Switzerland with a share of 4.22% (967 thousand US$)
  • Germany - 211 thousand US$
  • France - 150 thousand US$
  • Japan - 84 thousand US$
  • Sweden - 72 thousand US$
  • China - 64 thousand US$

Exports structure from Bermuda in 2018 represented by the following main commodity groups:

  • 18.5% (4.25 million US$): 49 - Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans
  • 15.9% (3.65 million US$): 22 - Beverages, spirits and vinegar
  • 12.7% (2.91 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 10.8% (2.48 million US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 7.5% (1.71 million US$): 89 - Ships, boats and floating structures
  • 7.48% (1.71 million US$): 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
  • 5.38% (1.23 million US$): 99 - Commodities not specified according to kind
  • 3.27% (750 thousand US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 2.77% (636 thousand US$): 91 - Clocks and watches and parts thereof
  • 2.61% (600 thousand US$): 88 - Aircraft, spacecraft, and parts thereof

What did Bermuda export in 2018?

Bermuda's Top Exports in 2018:

  • 18.3% ($4.21 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.
  • 15.6% ($3.58 million): 2208 - Undenatured ethyl alcohol of an alcoholic strength by volume of less than 80 % vol; spirits, liqueurs and other spirituous beverages
  • 6.56% ($1.5 million): 8903 - Yachts and other vessels for pleasure or sports; rowing boats and canoes
  • 5.33% ($1.22 million): 9015 - Surveying (including photogrammetrical surveying), hydrographic, oceanographic, hydrological, meteorological or geophysical instruments and appliances, excluding compasses; rangefinders
  • 3.97% ($910 thousand): 8414 - Air or vacuum pumps, air or other gas compressors and fans; ventilating or recycling hoods incorporating a fan, whether or not fitted with filters
  • 3.23% ($740 thousand): 8525 - Transmission apparatus for radio-telephony, radio-telegraphy, radio-broadcasting or television, whether or not incorporating reception apparatus or sound recording or reproducing apparatus; television cameras; still image video cameras and other video camera recorders; digital cameras
  • 2.68% ($614 thousand): 8429 - Self-propelled bulldozers, angledozers, graders, levellers, scrapers, mechanical shovels, excavators, shovel loaders, tamping machines and road rollers
  • 2.6% ($597 thousand): 8803 - Parts of goods of heading 88.01 or 88.02
  • 2.59% ($594 thousand): 8409 - Parts suitable for use solely or principally with the engines of heading 84.07 or 84.08

The value of merchandise imports to Bermuda totalled $ 1.07 billion in 2018. Overall commodity imports to Bermuda decreased by 0.76% compared to 2017. Merchandise imports decreased by $ 8.2 million (the value of merchandise imports to Bermuda was equal to $1.07 billion in 2017)

Bermuda's imports 2018 by country

Top trading partners (import sources) of Bermuda in 2018:

  • USA with a share of 69% (742 million US$)
  • Canada with a share of 9.09% (97 million US$)
  • United Kingdom with a share of 3.48% (37 million US$)
  • The Bahamas with a share of 2.67% (28 million US$)
  • China with a share of 2.37% (25 million US$)
  • Antigua and Barbuda with a share of 1.17% (12.5 million US$)
  • Japan with a share of 1.02% (10.9 million US$)
  • Germany - 10 million US$
  • France - 9.16 million US$
  • Italy - 8.99 million US$

Imports structure to Bermuda in 2018 represented by the following main commodity groups:

  • 12.1% (129 million US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 11.4% (122 million US$): 99 - Commodities not specified according to kind
  • 7.51% (80 million US$): 49 - Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans
  • 5.8% (62 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 5.49% (58 million US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 4.42% (47 million US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 4.3% (46 million US$): 22 - Beverages, spirits and vinegar
  • 4.01% (42 million US$): 94 - Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, n.e.s.; illuminated signs, illuminated name-plates and the like; prefabricated buildings
  • 2.95% (31 million US$): 73 - Articles of iron or steel
  • 2.68% (28 million US$): 39 - Plastics and articles thereof

What did Bermuda import in 2018?

Bermuda's Top Imports in 2018:

  • 11.7% ($125 million): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 7.1% ($75 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.
  • 2.24% ($23 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
  • 2.14% ($22 million): 9403 - Other furniture and parts thereof
  • 1.91% ($20 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
  • 1.42% ($15.2 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
  • 1.4% ($15 million): 2204 - Wine of fresh grapes, including fortified wines; grape must other than that of heading 20.09.
  • 1.3% ($13.9 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
  • 1.05% ($11.2 million): 8517 - Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones

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Bermuda | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2007 - 2018