Bermuda Import Trade Data

11-Apr-2025

Expand Your Import Business in Bermuda

Volza's Big Data technology scans over 2 billion Import shipment records in Bermuda to identify top & new suppliers, economial sourcing, and profitable products.
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Key Indicators

Suppliers
3,522
Export Trading Partners
65
Buyers
1,020
Import Trading Partners
56

Overview

country overview

Bermuda Import Trade Overview

Introduction:
Bermuda, a small island economy, heavily relies on imports to meet almost all of its domestic needs, from food products to construction materials. This dependency presents robust opportunities for global exporters across various sectors.

Economic Overview:
Lacking significant natural resources, Bermuda's economy is driven by insurance and reinsurance, tourism, and international business, making it one of the world's highest per capita income territories. Imports are critical, contributing to all aspects of life and supporting its service-oriented sectors. Efforts to diversify the economy include developing the technology sector, potentially increasing the import of tech-related goods.

Political and Regulatory Environment:
Bermuda maintains a stable political environment with a regulatory framework geared towards encouraging international trade and investment. Recent updates to trade agreements and import regulations are designed to streamline processes, although importers must navigate stringent customs regulations due to environmental and health concerns.

Opportunities and Challenges for Exporters:
Key opportunities lie in supplying consumer goods, foodstuffs, and building materials. Exporters face challenges such as the island's remote location, leading to higher transportation costs, and strict import controls.

Top 10 Import Products:

  1. Fresh vegetables (HS code: 0709) - Essential for local consumption.
  2. Motor cars (HS code: 8703) - High demand due to limited public transport.
  3. Pharmaceutical products (HS code: 3004) - Critical for healthcare.
  4. Computers (HS code: 8471) - Support for expanding tech infrastructure.
  5. Furniture (HS code: 9403) - For residential and commercial properties.
  6. Electrical machinery (HS code: 8501) - Vital for all sectors.
  7. Clothing (HS code: 6203) - Popular among consumers.
  8. Wine and spirits (HS code: 2204) - High demand in hospitality.
  9. Construction materials (HS code: 7208) - Needed for development projects.
  10. Petroleum products (HS code: 2710) - For energy and transport.

Top Buyers:
AMBROSIO CYCLES, ANDREW SMITH, AUTO SOLUTIONS

Solution for Global Exporters:
Global exporters are encouraged to leverage Volza’s online import data for Bermuda to efficiently discover and explore the vibrant import market. Our platform provides essential insights that help in identifying market trends and optimizing export strategies. Visit Volza to access detailed import data and seize the opportunities in Bermuda’s import trade.

Import Database - Factsheet

Data Source Icon Data Source
Detailed Mirror data
Question Mark Icon
Data Available From Icon
Data Available From
01, Jan, 2019
Data Coverage Icon Data Coverage
40%
Question Mark Icon
Last Shipment Icon
Last Shipment
08, Apr, 2025
Rating Icon Rating
Update Frequency Icon
Update Frequency
Monthly
Question Mark Icon
Source : Volza Import Data
Bermuda
Import Data
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92,365 Bill of Ladings, 1,020 Buyers & 3,522 Suppliers
Line Chart
Import
vs
Export
Jan-Dec 2024
Shipments
4.7/5
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Top 10 Importers

Bermuda Top 10 Importers

Within our Volza database, we possess comprehensive information about over 10 active importers in Bermuda. To assist you in identifying the leading importers in Bermuda, Volza offers an advanced feature that analyzes billions of shipping invoices using more than 20 parameters. Noteworthy among the top 10 importers in Bermuda are companies like AUTO SOLUTIONS , EUROCAR SERVICE LTD. , and B.R.S. LTD. . These key players are featured prominently within our extensive database. For a more comprehensive overview, please refer to our table, which outlines the top 10 importers, and explore the additional resources provided below.

Bermuda Top 10 Importers
Line Chart
Data Source: Volza Import Data
Bermuda Top 10 Importers
Rank Importers Shipments
1 AUTO SOLUTIONS 2,852
2 Eurocar Service Ltd. 872
3 B.R.S. Ltd. 417
4 BERMUDA MOTORS LTD 394
5 The Island Shop 324
6 RAMPAH RATUS SDN BHD 249
7 EUROCAR SERVICE LIMITED EUROCAR SERVICE LIMITED 211
8 ZEN CRYSTAL BDA 197
9 S M LTD 188
10 EXECUTIVE IRON WORK 148
Data Source: Volza Import Data

Top 8 Import Products

Bermuda Top 8 Import Products

As the Bermuda import data reveals, the nation's top import products for 2024 were prominently characterized by:

- Cotton Knitting Yarn: 51.76%
- Cotton Thread: 21.64%
- Automobile Component: 16.56%
- Automotive Door: 6.05%
- Wiper Blade: 1.66%
- Component For Shock Absorber: 1.19%
- Safety Helmet: 0.63%
- Jumping Rope: 0.51%
These top 8 import items represented a significant 61.4% of Bermuda's total import value for 2024. When analyzing Bermuda's customs records, it's evident that the fastest-growing import categories were mineral fuels & oils, animal or vegetable fats & oils, and articles of stone, showing a robust upward trend. Conversely, the declining sectors in the import landscape included products of the milling industry, optical and photographic equipment, as well as electrical machinery & equipment. These top 8 import items represented a significant 61.4% of Bermuda's total import value for 2024. When analyzing Bermuda's customs records, it's evident that the fastest-growing import categories were mineral fuels & oils, animal or vegetable fats & oils, and articles of stone, showing a robust upward trend. Conversely, the declining sectors in the import landscape included products of the milling industry, optical and photographic equipment, as well as electrical machinery & equipment. For businesses and market analysts, the subsequent chart offers a deeper dive, showcasing the monetary value and market dynamics of Bermuda’s top 8 import commodities for 2024.
Bermuda Top 8 Import Products
Line Chart
Data Source: Volza Import Data
Bermuda Top 8 Import Products
Rank Import Products Shipments
1

COTTON KNITTING YARN

12,843,432
2

COTTON THREAD

5,369,940
3

Automobile Component

4,108,511
4

Automotive Door

1,502,115
5

Wiper Blade

413,153
6

Component for Shock Absorber

296,389
7

Safety Helmet

155,964
8

JUMPING ROPE

125,796
Data Source: Volza Import Data

Trading Partners

Top Trading Partners of Bermuda

Africa-East Africa-WestAmerica-CentralEthiopiaZimbabweGhanaCosta RicaPanamaBermudaAfrica-CentralAfrica-East Africa-SouthCameroonKenyaUgandaZimbabweBotswana

Top 1 Import Trading Partners

Bermuda Top 1 Import Trading Partners

Bermuda trade data from 2024 highlights the nation's top 1 import partners as follows: INDIA (USD 9,346) .
The growth rates for the leading three importers were as follows: India at 100.00% .
Trade balance analysis reveals that Bermuda had a trade deficit with both Iran and China. Specifically, the deficit amounted to USD 300 million with Iran and USD 150 million with China in that year. Bermuda import statistics show that the country's top 1 import partners in 2024 collectively contributed 87.2% to the overall value of import shipments. Furthermore, Bermuda’s major imports from India include Automobile Component, COTTON THREAD, COTTON KNITTING YARN, JUMPING ROPE, Automotive Door, Component for Shock Absorber, Safety Helmet, Wiper Blade, products. The provided chart below breaks down the values in percentile of Bermuda’s top 1 import partners for 2024.

Bermuda Top 1 Import Trading Partners
Line Chart
Data Source: Volza Import Data
Bermuda Top 1 Import Trading Partners
Rank Import Trading Partners Shipments
1 India 9,346
Data Source: Volza Import Data

Import Data Sample Record

Bermuda Import Data Sample Record

Bermuda import data covers all important shipping details that are essential for businesses to find importers in Bermuda, analyze market trends, and identify potential industries. Bermuda trade data contains customs-based details including Date, Importer Name, HS Code, HS Code Description, Commercial Description, Gross Weight, Net Weight, Total Value USD and Origin Country. View Bermuda import data sample with complete number of fields available in data.

Bermuda Import Fields
Date:
30 Nov 2024
HS Code:
87032291
Quantity:
1
Quantity Unit:
UNT
Value FC:
11,328.53
Value:
HS Description:
Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 8702), including station wagons and racing cars
Exporter:
HYUNDAI MOTOR INDIA LTD
Importer:
Data Source: Volza Import Data
Bermuda Import Fields
S.No Data Fields
1
Date
2
HSN Code
3
Quantity
4
Quantity Unit
5
Value FC
6
Value
7
HSN Description
8
Exporter
9
Importer
Total 72 Fields
Data Source: Volza Import Data

Top 10 Import Ports

Bermuda Top 10 Import Ports

Bermuda's global import trade operates through over 10 ports. Hamilton stands as the predominant port, handling 3,712 import shipments, which constitutes a 40% market share. Thoothibari LCS follows with an 22% share, accounting for 1,973 shipments, while OP Bermuda contributes a 42.89% market share with its 1,145 shipments. For detailed import trade statistics of each port in Bermuda, refer to the provided links below. Collectively, these ports underscore the integrated nature of Bermuda's trade infrastructure. As the trade data indicates, these crucial import ports facilitate the consistent delivery of essential goods across Bermuda.

Bermuda Top 10 Import Ports
Line Chart
Data Source: Volza Import Data
Bermuda Top 10 Import Ports
Rank Import Ports Shipments
1

Hamilton

3,712
2

Thoothibari LCS

1,973
3

OP Bermuda

1,145
4

Philadelphia

460
5

OP Bermuda

418
6

Muara

249
7

Port Everglades

210
8

Rotterdam

193
9

Saint George

149
10

Newark

145
Data Source: Volza Import Data

Import Bill of Lading

Import Shipments of Bermuda
92,365
Date
Invalid Date
Consignee Name
false
Weight Unit
UNT

Datasets

Africa-Central


Africa-East


Africa-North


Africa-South


Africa-West


America-Central


Asia-Central


Asia-East


Asia-South


Asia-Southeast


Asia-West


Australia/Oceania


Europe-East


Europe-North


Europe-South


Europe-West


Middle-East


North America


South America


The Caribbean

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Volza Customer Success Team
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Frequently Asked Questions

What information is included in Bermuda Import Data?

Bermuda Import Data includes details about imported products, such as their descriptions, HS codes (Harmonized System codes), origins, quantities, values, importers' details, shipment details, and customs duties paid.

How often is the Bermuda Import Trade Data updated on Volza.com?

The frequency of updates for Bermuda Import Trade Data on Volza.com may vary, but the platform strives to ensure regular updates. The goal is to provide users with the most current and accurate information available. It is recommended to check the platform regularly or contact the Volza.com support team for specific details on data update schedules.

How frequently is the Bermuda Import trade data updated on Volza.com?

The Bermuda import trade data on Volza.com is regularly updated to provide the most current information available. The website strives to ensure that users have access to the latest import trade data for Bermuda.

What types of import trade data can I find on Volza.com?

Volza.com offers a wide range of import trade data for Bermuda. You can find data related to various sectors and industries, including agriculture, manufacturing, energy, textiles, and more. The website aims to provide comprehensive information to cater to the diverse needs of users interested in Bermuda's import trade.

Why is Bermuda Import Data important?

Bermuda Import Data plays a crucial role in understanding the country's trade dynamics, economic trends, and market demand. It aids businesses, policymakers, researchers, and investors in making informed decisions related to international trade and investment.

Can I access historical Bermuda Import Data?

Yes, historical Bermuda Import Data is valuable for tracking changes in import patterns over months or years, identifying seasonality, and understanding long-term trends.