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Bermuda: Trade Statistics

Exporter Rank

116 / 119

Importer Rank

110 / 119

Trade Balance Rank

49 / 119

Total Trade [1]

Total Exports (2018) $22,912,424
Total Imports (2018) $1,070,009,014
Trade Balance (2018) ($1,047,096,590)
Exports of goods and services (% of GDP) (2013) [2] 47.67%
Imports of goods and services (% of GDP) (2013) [2] 29.59%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
United States $14,354,272
United Kingdom $1,409,488
Canada $1,183,573
Switzerland $967,304
Germany $211,674
France $150,077
Japan $84,645
Sweden $72,018
China $64,744
Jamaica $39,194

Import Partners

Top 10 Import Countries

Country Import USD$
United States $742,376,700
Canada $97,321,778
United Kingdom $37,299,807
Bahamas $28,576,412
China $25,452,573
Antigua and Barbuda $12,532,819
Japan $10,918,766
Germany $10,004,579
France $9,166,671
Italy $8,997,162

Traded Goods [1] (at the 2-digit HS Code level)

Top 10 Export Goods

HS Code Export USD$
(49) Printed Material $4,256,585
(22) Beverages $3,655,022
(84) Industrial Machinery $2,917,125
(90) Precision Instruments $2,481,841
(89) Ships & Boats $1,719,896
(85) Electrical Machinery $1,715,062
(99) Items nesoi $1,234,073
(87) Motor Vehicles & Parts $750,592
(91) Clocks & Watches $636,363
(88) Aircraft $600,098

Top 10 Import Goods

HS Code Import USD$
(27) Oil & Mineral Fuels $129,818,818
(99) Items nesoi $122,602,005
(49) Printed Material $80,358,135
(84) Industrial Machinery $62,065,192
(85) Electrical Machinery $58,779,683
(87) Motor Vehicles & Parts $47,352,126
(22) Beverages $46,057,925
(94) Furniture $42,964,174
(73) Iron & Steel Articles $31,580,001
(39) Plastics $28,713,072

Sources:

  1. UN Comtrade (2018) except where stated otherwise.
  2. The World Bank. Accessed: 6/3/2020
Bermuda