Bermuda

PRODUCT EXPORTS (2018)

$199M

RANK 172 OF 222

EXPORTS PER CAPITA (2018)

$3.11K

RANK 162 OF 219

PRODUCT IMPORTS (2018)

$1.54B

RANK 162 OF 221

IMPORTS PER CAPITA (2018)

$24.1K

RANK 116 of 219

SERVICE EXPORTS (2017)

$1.33B

RANK 98 OF 139

SERVICE IMPORTS (2017)

$901M

RANK 110 OF 139

Overview: In 2018 Bermuda was the number 172 in total exports and the number 162 in total imports. In 2018, Bermuda exported $199M and imported $1.54B, resulting in a negative trade balance of -$1.34B. In 2018, Bermuda’s exports per capita were $3.11k and its imports per capita were $24.1k.

Trade: The top exports of Bermuda are Petroleum Gas ($83.4M), Recreational Boats ($76.3M), Gold ($8.33M), Hard Liquor ($4.14M), and Planes, Helicopters, and/or Spacecraft ($3.28M). The top imports of Bermuda are Passenger and Cargo Ships ($426M), Refined Petroleum($117M), Recreational Boats ($101M), Railway Cargo Containers($89.3M), and Postage Stamps ($69M).

Destinations: Bermuda exports mostly to Pakistan ($83.5M), Netherlands ($76.1M), United States ($13.4M), Switzerland ($9.32M), and Sweden ($3.58M), and imports mostly from United States ($538M), South Korea ($426M), Canada ($108M), China ($107M), and Netherlands ($83.7M).

Exports

In 2018 Bermuda exported a total of $199M, making it the number 172 exporter in the world. During the last five reported years the exports of Bermuda have changed by -$137M from $336M in 2013 to $199M in 2018.

The most recent exports are led by Petroleum Gas ($83.4M), Recreational Boats ($76.3M), Gold ($8.33M), Hard Liquor ($4.14M), and Planes, Helicopters, and/or Spacecraft ($3.28M).

Imports

In 2018 Bermuda imported $1.54B, making it the number 162 trade destination in the world. During the last five reported years the imports of Bermuda changed by -$965M from $2.51B in 2013 to $1.54B in 2018.

The most recent imports of Bermuda are led by Passenger and Cargo Ships ($426M), Refined Petroleum ($117M), Recreational Boats ($101M), Railway Cargo Containers ($89.3M), and Postage Stamps ($69M).

Trade Balance

As of 2018 Bermuda had a negative trade balance of $1.65B in net imports. As compared to their trade balance in 1995 when they still had a negative trade balance of $546M in net imports.

Destinations

The most common destination for the exports of Bermuda are Pakistan ($83.5M), Netherlands ($76.1M), United States ($13.4M), Switzerland ($9.32M), and Sweden ($3.58M).

Origins

The most common import partners for Bermuda are United States ($538M), South Korea ($426M), Canada ($108M), China ($107M), and Netherlands ($83.7M).