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Bermuda: Trade Statistics

Exporter Rank

119 / 121

Importer Rank

110 / 121

Trade Balance Rank

56 / 121

Total Trade [1]

Total Exports (2017) $11,742,165
Total Imports (2017) $1,078,213,784
Trade Balance (2017) ($1,066,471,619)
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 $9,532,280
Canada $571,702
United Kingdom $512,220
Norway $445,976
Italy $293,593
Japan $80,067
Switzerland $45,594
Denmark $31,936
Germany $29,116
China $27,890

Import Partners

Top 10 Import Countries

Country Import USD$
United States $716,714,439
Canada $102,218,357
United Kingdom $43,563,226
China $27,530,318
Bahamas $18,939,451
France $12,071,317
Italy $11,790,012
New Zealand $11,476,447
Japan $11,026,098
Germany $10,469,536

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

Top 10 Export Goods

HS Code Export USD$
(22) Beverages $5,014,770
(91) Clocks & Watches $1,225,488
(90) Precision Instruments $936,522
(99) Items nesoi $892,355
(84) Industrial Machinery $788,054
(85) Electrical Machinery $714,129
(88) Aircraft $685,342
(24) Tobacco $239,334
(49) Printed Material $147,807
(02) Meat $142,704

Top 10 Import Goods

HS Code Import USD$
(99) Items nesoi $175,799,396
(49) Printed Material $85,447,134
(27) Oil & Mineral Fuels $78,824,783
(84) Industrial Machinery $62,870,984
(85) Electrical Machinery $58,174,549
(87) Motor Vehicles & Parts $50,713,887
(22) Beverages $47,211,523
(94) Furniture $43,320,289
(39) Plastics $27,731,927
(30) Pharmaceuticals $24,668,263

Sources:

  1. UN Comtrade (2017) except where stated otherwise.
  2. The World Bank. Accessed: 12/1/2018
Bermuda