BMBermuda North America
International Trade Statistics & Market Analysis • 2024
Imports
2024
Exports
2024Countries Bermuda Imports From
| Country | Value | Share |
|---|---|---|
| $1,931,843,850 | 75% | |
| $395,457,120 | 15.4% | |
Other | $59,055,360 | 2.3% |
| $47,948,430 | 1.9% | |
| $28,084,260 | 1.1% | |
| $16,550,440 | 0.6% | |
| $13,774,300 | 0.5% | |
| $11,610,930 | 0.5% | |
| $11,247,190 | 0.4% | |
| $10,622,750 | 0.4% | |
| $5,172,920 | 0.2% | |
| $4,883,650 | 0.2% | |
| $4,733,980 | 0.2% | |
| $4,578,640 | 0.2% | |
| $4,077,050 | 0.2% | |
| $3,608,080 | 0.1% | |
| $2,796,420 | 0.1% | |
| $2,734,530 | 0.1% | |
| $2,476,490 | 0.1% | |
| $1,820,800 | 0.1% | |
| Total | $2,575,644,240 | |
Geographical Sourcing & Origin AnalysisOrigins
This dataset identifies the primary nations supplying Bermuda. In 2024 the total import value reached$2,575,644,240.South Korea emerged as the leading supplier, contributing75%to the sourcing mix across all 70 origins.
Products Bermuda Imports
Product Category BreakdownImports
Classified by HS Codes, these statistics reveal the industrial components commodities entering Bermuda. The most significant import category is Other medicaments of mixed or unmixed products, representing a 3.9% share of the 3184 major product groups tracked in our database.
Countries Bermuda Exports To
| Country | Value | Share |
|---|---|---|
Other | $185,301,430 | 48.8% |
| $182,916,630 | 48.1% | |
| $3,869,960 | 1% | |
| $2,531,870 | 0.7% | |
| $815,700 | 0.2% | |
| $797,680 | 0.2% | |
| $672,570 | 0.2% | |
| $469,990 | 0.1% | |
| $403,710 | 0.1% | |
| $257,420 | 0.1% | |
| $184,510 | 0% | |
| $164,260 | 0% | |
| $154,360 | 0% | |
| $138,720 | 0% | |
| $125,700 | 0% | |
| $108,330 | 0% | |
| $105,150 | 0% | |
| $75,150 | 0% | |
| $59,780 | 0% | |
| $56,600 | 0% | |
| Total | $379,893,650 | |
Global Destination MarketsTrade Routes
An analysis of Bermuda export footprint, which saw a total outbound value of$379,893,650 in 2024.various destinations remains the primary bilateral partner, accounting for48.8% of outbound supply channels.
Products Bermuda Exports
Production & Manufacturing OutputExports
Identify Bermuda top-performing manufacturing strengths. The dominant export sector is Aircraft parts nes which contributes65.7% to the nation's overall output across619 active export sectors.
Bermuda Trade Performance Analysis
Economic Indicators & Market Flow • 2024
Based on 2024 trade records,Bermuda maintains a robust commercial profile within North America. The nation's trade architecture is heavily influenced by its export strength toglobal partners, which represents 48.8% of its outbound market share across 84 destinations.
On the supply side, Bermuda's industrial and consumer demand is largely met by imports from South Korea, which accounts for approximately75% of its 70 trade origins. The integration of Other medicaments of mixed or unmixed products, into the local economy highlights a strategic dependency on specific global value chains, representing 3.9% of total imports across 3184 commodities.
The primary export for Bermuda is Aircraft parts nes, which accounts for roughly 65.7% of overall exports across 619 product categories.
Market Dominance In Imports
75%from South Korea
Primary Import
HS-300490
Other medicaments of mixed or unmixed products,
Market Dominance In Exports
48.8%to Partners
Primary Export
HS-880330
Aircraft parts nes
Bilateral Integration
Bermuda integration accounts for $2,955,537,890 annual value.
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