Annual International Trade Statistics by Country (HS)
Publication date: 2022-11-14
Reporting period: 2002 - 2021
Timeseries: 194 million
Source:TrendEconomy
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Bermuda | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2010 - 2021

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2010
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TOTAL. ALL COMMODITIESBermudaWorldExportsValue (US$)9,624,203.0021,705,082.0011,968,501.008,622,430.008,317,389.0011,742,165.0022,912,424.0026,832,552.0019,103,500.1628,632,529.08
Value Growth, YoY (%)125.52-44.85-27.95-3.5341.1795.1217.10-28.8049.88
ImportsValue (US$)969,629,106.00880,766,921.00866,904,652.00994,572,258.00961,075,407.00928,900,937.00971,429,410.001,078,213,784.001,070,009,014.001,117,764,475.00903,950,587.861,055,206,248.22
Value Growth, YoY (%)-5.68-9.16-1.5714.72-3.36-3.344.5710.99-0.764.46-19.1216.73

The value of merchandise exports from Bermuda totalled $ 28 million in 2021. Merchandise exports from Bermuda increased by 49% compared to 2020. Goods exports grew up by $ 9.52 million in 2021 (the value of merchandise exports from Bermuda amounted to $19.1 million in 2020)

Bermuda's exports 2021 by country

Top export destinations of commodities from Bermuda in 2021:

  • USA with a share of 89% (25 million US$)
  • Germany with a share of 4.06% (1.16 million US$)
  • United Kingdom with a share of 2.78% (797 thousand US$)
  • Netherlands - 264 thousand US$
  • Turkey - 126 thousand US$
  • Canada - 101 thousand US$
  • France - 76 thousand US$
  • Norway - 72 thousand US$
  • Malaysia - 60 thousand US$
  • Italy - 50 thousand US$

Exports structure from Bermuda in 2021 represented by the following main commodity groups:

  • 62% (17.8 million US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 10.6% (3.04 million US$): 99 - Commodities not specified according to kind
  • 7.6% (2.17 million US$): 22 - Beverages, spirits and vinegar
  • 7.47% (2.14 million US$): 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
  • 3.84% (1.1 million US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof
  • 3.48% (999 thousand US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 0.932% (267 thousand US$): 73 - Articles of iron or steel
  • 0.495% (141 thousand US$): 71 - Natural or cultured pearls, precious or semi-precious stones, precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin
  • 0.461% (132 thousand US$): 38 - Miscellaneous chemical products
  • 0.354% (101 thousand US$): 88 - Aircraft, spacecraft, and parts thereof

What did Bermuda export in 2021?

Bermuda's Top Exports in 2021:

  • 45% ($12.9 million): 8716 - Trailers and semi-trailers; other vehicles, not mechanically propelled; parts thereof
  • 16.4% ($4.7 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)
  • 7.41% ($2.12 million): 2208 - Undenatured ethyl alcohol of an alcoholic strength by volume of less than 80 % vol; spirits, liqueurs and other spirituous beverages
  • 2.26% ($647 thousand): 8521 - Video recording or reproducing apparatus, whether or not incorporating a video tuner
  • 2.06% ($590 thousand): 8502 - Electric generating sets and rotary converters
  • 1.17% ($335 thousand): 9015 - Surveying (including photogrammetrical surveying), hydrographic, oceanographic, hydrological, meteorological or geophysical instruments and appliances, excluding compasses; rangefinders
  • 1.01% ($291 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
  • 0.972% ($278 thousand): 9018 - Instruments and appliances used in medical, surgical, dental or veterinary sciences, including scintigraphic apparatus, other electro-medical apparatus and sight-testing instruments
  • 0.893% ($255 thousand): 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

The value of merchandise imports to Bermuda totalled $ 1.05 billion in 2021. Merchandise imports to Bermuda increased by 16.7% compared to 2020. Goods imports grew up by $ 151 million in 2021 (the value of merchandise imports to Bermuda was equal to $903 million in 2020)

Bermuda's imports 2021 by country

Top trading partners (import sources) of Bermuda in 2021:

  • USA with a share of 72% (763 million US$)
  • Canada with a share of 6.82% (72 million US$)
  • United Kingdom with a share of 5.93% (62 million US$)
  • China with a share of 2.08% (21 million US$)
  • Germany with a share of 1.67% (17.6 million US$)
  • Japan with a share of 1.01% (10.6 million US$)
  • France - 9.76 million US$
  • Korea - 8.69 million US$
  • India - 7.31 million US$
  • Italy - 7.16 million US$

Imports structure to Bermuda in 2021 represented by the following main commodity groups:

  • 13.1% (139 million US$): 99 - Commodities not specified according to kind
  • 8.58% (90 million US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 7% (73 million US$): 94 - Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, n.e.s.; illuminated signs, illuminated name-plates and the like; prefabricated buildings
  • 6.02% (63 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 5.59% (59 million US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 4.4% (46 million US$): 22 - Beverages, spirits and vinegar
  • 4.19% (44 million US$): 49 - Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans
  • 4.11% (43 million US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 3.13% (33 million US$): 30 - Pharmaceutical products
  • 3.03% (32 million US$): 39 - Plastics and articles thereof

What did Bermuda import in 2021?

Bermuda's Top Imports in 2021:

  • 8.2% ($86 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
  • 4.5% ($47 million): 9403 - Other furniture and parts thereof
  • 3.87% ($40 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.
  • 2.46% ($25 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
  • 2.38% ($25 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
  • 1.5% ($15.8 million): 2204 - Wine of fresh grapes, including fortified wines; grape must other than that of heading 20.09.
  • 1.39% ($14.7 million): 9401 - Seats (other than those of heading 94.02), whether or not convertible into beds, and parts thereof
  • 1.38% ($14.6 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
  • 1.08% ($11.4 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.

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Bermuda | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2010 - 2021