Top Import Trading Partners of Bermuda - Volza

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31-Mar-2025

Overview

Bermuda
 

Bermuda's primary import trading partners in 2023 include the United States (50% of imports, $300 million), the United Kingdom (15%, $90 million), Canada (10%, $60 million), China (8%, $48 million), and Japan (5%, $30 million).

Key imports from these countries include machinery, electronics, foodstuffs, pharmaceuticals, and vehicles. Trade agreements such as the Bermuda-U.S. Tax Convention Act and bilateral agreements with the UK and Canada facilitate smoother trade flows.

Bermuda's economic indicators include a GDP growth rate of 1.8% and an inflation rate of 2.5%, which impact its import dynamics and trade policies. The government's strategic tariffs and logistical advantages, such as a well-developed port infrastructure, support a balanced trade relationship, making Bermuda a crucial import market for these partners.

Bermuda Trade Partnership With Other Countries

Track top import trading partner countries of Bermuda, These findings are based on global import shipment database of Volza, it is the most up-to-date but partial information available on Bermuda's import trade.

Top Import Trading Partners

YOY comparison

MOM comparison

Import Trading Partners of Bermuda
48
1M 3M 6M 1Y 3Y ALL
Country 2023 2022 Growth% 2023 Share 2022 Share
Austria Flag Austria Top Import Products from Austria to Bermuda Value $472,841.76 $699,609.02 redDownArrow   -32.41% 0.37%
Shipment 116 142 redDownArrow   -18.31% 0.85%
Bangladesh Flag Bangladesh Top Import Products from Bangladesh to Bermuda Value $76,261.53 $21,783.45 greenUpArrow   250.09% 0.06%
Shipment 4 1 greenUpArrow   300.00% 0.03%
Belgium Flag Belgium Top Import Products from Belgium to Bermuda Value $421,726.87 $831,660.37 redDownArrow   -49.29% 0.33%
Shipment 71 72 redDownArrow   -1.39% 0.52%
Brazil Flag Brazil Top Import Products from Brazil to Bermuda Value $8,393,217 $6,960,013 greenUpArrow   20.59% 6.56%
Shipment 1,899 2,050 redDownArrow   -7.37% 13.85%
Bulgaria Flag Bulgaria Top Import Products from Bulgaria to Bermuda Value $20,481.47 $0 greenUpArrow   100% 0.02%
Shipment 32 0 greenUpArrow   100% 0.23%
Chile Flag Chile Top Import Products from Chile to Bermuda Value $3,264,043.91 $579,973.52 greenUpArrow   462.79% 2.55%
Shipment 93 91 greenUpArrow   2.20% 0.68%
Colombia Flag Colombia Top Import Products from Colombia to Bermuda Value $210,596.36 $564,874.64 redDownArrow   -62.72% 0.16%
Shipment 42 45 redDownArrow   -6.67% 0.31%
Costa-Rica Flag Costa-Rica Top Import Products from Costa Rica to Bermuda Value $213,535.66 $0 greenUpArrow   100% 0.17%
Shipment 31 0 greenUpArrow   100% 0.23%
Croatia Flag Croatia Top Import Products from Croatia to Bermuda Value $50,174.42 $55,122.14 redDownArrow   -8.98% 0.04%
Shipment 7 8 redDownArrow   -12.50% 0.05%
Cyprus Flag Cyprus Top Import Products from Cyprus to Bermuda Value $2,804,421.32 $16,082.71 greenUpArrow   17337.49% 2.19%
Shipment 14 4 greenUpArrow   250.00% 0.10%
Czech-Republic Flag Czech-Republic Top Import Products from Czech Republic to Bermuda Value $18,186.12 $56,099.41 redDownArrow   -67.58% 0.01%
Shipment 13 42 redDownArrow   -69.05% 0.09%
Denmark Flag Denmark Top Import Products from Denmark to Bermuda Value $2,627,986.03 $3,050,988.42 redDownArrow   -13.86% 2.05%
Shipment 142 132 greenUpArrow   7.58% 1.04%
Ecuador Flag Ecuador Top Import Products from Ecuador to Bermuda Value $123,217 $0 greenUpArrow   100% 0.10%
Shipment 25 0 greenUpArrow   100% 0.18%
Estonia Flag Estonia Top Import Products from Estonia to Bermuda Value $3,523.94 $194,856.61 redDownArrow   -98.19% 0.00%
Shipment 11 57 redDownArrow   -80.70% 0.08%
Finland Flag Finland Top Import Products from Finland to Bermuda Value $506,667.15 $130,927.4 greenUpArrow   286.98% 0.40%
Shipment 45 32 greenUpArrow   40.63% 0.33%

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