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Bermuda: Trade Statistics

Exporter Rank

145 / 146

Importer Rank

131 / 145

Trade Balance Rank

62 / 145

Total Trade [1]

Total Exports (2016) $8,317,389
Total Imports (2016) $971,429,410
Trade Balance (2016) ($963,112,021)
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 $7,484,334
United Kingdom $428,760
Canada $221,039
India $70,071
Greece $17,543
China $9,505
France $5,662
Thailand $3,048
Austria $1,434
Belgium $1,143

Import Partners

Top 10 Import Countries

Country Import USD$
United States $680,016,912
Canada $109,748,945
United Kingdom $31,394,353
China $23,913,282
Italy $9,813,666
Switzerland $9,493,227
France $8,420,384
South Korea $8,211,503
Japan $8,103,779
Germany $7,981,354

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

Top 10 Export Goods

HS Code Export USD$
(22) Beverages $4,969,607
(90) Precision Instruments $1,065,191
(84) Industrial Machinery $553,021
(85) Electrical Machinery $316,601
(89) Ships & Boats $186,694
(99) Items nesoi $168,793
(24) Tobacco $164,322
(88) Aircraft $161,036
(02) Meat $143,896
(19) Cereal, Flour & Starch $139,937

Top 10 Import Goods

HS Code Import USD$
(99) Items nesoi $117,230,694
(49) Printed Material $89,063,659
(27) Oil & Mineral Fuels $82,238,354
(84) Industrial Machinery $61,132,399
(85) Electrical Machinery $53,192,941
(22) Beverages $42,947,599
(87) Motor Vehicles & Parts $40,078,113
(94) Furniture $39,640,877
(39) Plastics $25,194,069
(30) Pharmaceuticals $22,817,217

Sources:

  1. UN Comtrade (2016) except where stated otherwise.
  2. The World Bank. Accessed: 9/22/2018
Bermuda