Geographical trade map outline of Bermuda

Bermuda North America

International Trade Statistics & Market Analysis • 2024

Imports

2024

Total Value$2.6B

Top Imports From

South Korea

Top ProductOther medicaments of mixed or unmixed products,

Exports

2024

Total Value$0.4B

Top Exports To

Other

Top ProductAircraft parts nes

Overview

Buyers

Suppliers

Bill of Lading Data

Product:

All Products

Year:

Countries Bermuda Imports From

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

	HS Code	Product	Value	Share
	300490	Other medicaments of mixed or unmixed products,	$31,624,090	3.9%
	190590	Other bread, etc, nes; communion wafers, rice p	$14,191,540	1.7%
	940360	Furniture, wooden, nes	$13,457,450	1.6%
	220421	Wine (not sparkling); grape must with by alcoho	$13,105,190	1.6%
	870390	Automobiles nes including gas turbine powered	$12,239,070	1.5%
	220210	Waters (incl. mineral and aerated), with added	$11,067,560	1.4%
	210690	Other food preparations, nes	$9,523,940	1.2%
	020130	Fresh or chilled boneless bovine meat	$8,659,750	1.1%
	841510	Air conditioning machines window or wall types,	$8,112,570	1%
	340220	Washing and cleaning preparations, put up for r	$7,602,020	0.9%
	870322	Automobiles with reciprocating piston engine di	$7,371,370	0.9%
	852810	Television receivers including video monitors a	$7,326,990	0.9%
	871640	Trailers and semi-trailers nes	$7,157,740	0.9%
	970110	Paintings,drawings and pastels executed by hand	$7,110,670	0.9%
	392690	Other articles of plastics, nes	$6,591,020	0.8%
	230910	Dog or cat food, put up for retail sale	$6,308,320	0.8%
	392520	Doors, windows and their frames and thresholds	$6,289,730	0.8%
	020741	Frozen cuts and offal of chicken (excl. livers)	$5,975,790	0.7%
	940340	Kitchen furniture, wooden, nes	$5,829,560	0.7%
	210390	Sauces and sauce preparations; mixed condiments	$5,741,710	0.7%

Total			$817,624,710

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

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

	HS Code	Product	Value	Share
	880330	Aircraft parts nes	$27,359,510	65.7%
	841112	Turbo-jets of a thrust exceeding 25 KN	$3,357,100	8.1%
	903289	Automatic regulating or controlling instruments	$879,430	2.1%
	850440	Static converters, nes	$635,240	1.5%
	901420	Instruments&appl for aeronautical or space navi	$498,960	1.2%
	880320	Aircraft under-carriages and parts thereof	$438,570	1.1%
	842839	Cont-action elevators/conveyors for goods/mat n	$399,430	1%
	901890	Instruments and appliances used in medical or v	$390,520	0.9%
	847480	Mach for agglomerating minerals fuels,mach for	$363,900	0.9%
	711620	Art. of precious or semi-precious stones,natura	$350,500	0.8%
	830629	Statuettes and other ornaments, nes	$324,650	0.8%
	711319	Art. of jewellery and pts thereof of/o prec mtl	$295,640	0.7%
	847490	Pts of sorting/screening/mixing/crushing/grindi	$227,030	0.5%
	220421	Wine (not sparkling); grape must with by alcoho	$209,260	0.5%
	732690	Articles, iron or steel, nes	$200,270	0.5%
	910221	Wrist-watches with automatic winding nes	$181,610	0.4%
	847410	Sorting/screening/separating or washing mach fo	$172,060	0.4%
	840999	Parts for diesel and semi-diesel engines	$168,980	0.4%
	900211	Objective lenses for cameras,projectors or phot	$165,930	0.4%
	840991	Parts for spark-ignition type engines nes	$164,760	0.4%

Total			$41,671,660

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

ID: BM-2024-STAT

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 of overall exports across product categories.

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Country	Value	Share
South Korea	$1,931,843,850	75%
United States	$395,457,120	15.4%
Other	$59,055,360	2.3%
United Kingdom	$47,948,430	1.9%
Canada	$28,084,260	1.1%
China	$16,550,440	0.6%
Germany	$13,774,300	0.5%
Italy	$11,610,930	0.5%
Japan	$11,247,190	0.4%
France	$10,622,750	0.4%
India	$5,172,920	0.2%
Netherlands	$4,883,650	0.2%
Greece	$4,733,980	0.2%
Switzerland	$4,578,640	0.2%
Indonesia	$4,077,050	0.2%
Thailand	$3,608,080	0.1%
New Zealand	$2,796,420	0.1%
Brazil	$2,734,530	0.1%
Spain	$2,476,490	0.1%
Norway	$1,820,800	0.1%

Total	$2,575,644,240

Country	Value	Share
Other	$185,301,430	48.8%
Cyprus	$182,916,630	48.1%
Angola	$3,869,960	1%
United States	$2,531,870	0.7%
Brazil	$815,700	0.2%
Singapore	$797,680	0.2%
United Kingdom	$672,570	0.2%
Germany	$469,990	0.1%
Bahamas	$403,710	0.1%
Spain	$257,420	0.1%
Canada	$184,510	0%
Zimbabwe	$164,260	0%
Italy	$154,360	0%
Sweden	$138,720	0%
France	$125,700	0%
Pakistan	$108,330	0%
Netherlands	$105,150	0%
Denmark	$75,150	0%
Switzerland	$59,780	0%
Saudi Arabia	$56,600	0%

Total	$379,893,650