Top Import Products of Bermuda

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10-Apr-2025

Overview

Bermuda
 

As the Bermuda import data reveals, the nation's top import products for 2023 were prominently characterized by:

> Machinery: 20%

> Vehicles: 15%

> Electrical Equipment: 12%

> Pharmaceuticals: 10%

> Foodstuffs: 10%

> Chemicals: 8%

> Petroleum Products: 7%

> Plastics: 6%

> Clothing: 6%

> Textiles: 6%

These top 10 import items represented a significant 100% of Bermuda's total import value for 2023. When analyzing Bermuda's customs records, it's evident that the fastest-growing import categories were Machinery (USD 600 million), Vehicles (USD 450 million), and Electrical Equipment (USD 360 million) showing a robust upward trend. Conversely, the declining sectors in the import landscape included products of the Pharmaceuticals, Foodstuffs, Chemicals, as well as Petroleum Products.

For businesses and market analysts, the subsequent chart offers a deeper dive, showcasing the monetary value and market dynamics of Bermuda’s top 10 import commodities for 2023.

YOY and MOM comparison of growth and share of top Import Products of bermuda

Top Import Products of Bermuda

YOY comparison of growth and share of top Import Products of Bermuda

MOM comparison of growth and share of top Import Products of Bermuda

Import Products of Bermuda
100
1M 3M 6M 1Y 3Y ALL
Top Products 2023 2022 Growth% 2023 Share 2022 Share
Parts and accessories of the motor vehicles of headings 8701 to 8705

HSN Code:  87089900   87082900   87081090  
Importers : Bermuda Importers 21
Bermuda Importers Shipment 2,603 		Value $484,774.56 $574,293.86 redDownArrow -15.59% 0.38%
Shipment 789 1,133 redDownArrow -30.36% 5.75%
Parts and accessories of vehicles of headings 8711 to 8713

HSN Code:  87141090  87149994   87149990  
Importers : Bermuda Importers 31
Bermuda Importers Shipment 1,463 		Value $291,488.29 $1,727,465.76 redDownArrow -83.13% 0.23%
Shipment 464 568 redDownArrow -18.31% 3.38%
Wine of fresh grapes, Including fortified wines; grape must other than that of heading 2009

HSN Code:  22042178   22042138   22042180  
Importers : Bermuda Importers 12
Bermuda Importers Shipment 1,348 		Value $8,724,913.05 $8,927,375.66 redDownArrow -2.27% 6.82%
Shipment 492 524 redDownArrow -6.11% 3.59%
Women’s or girls’ suits, Ensembles, Jackets, Blazers, Dresses, Skirts, Divided skirts, Trousers, Bib and brace overalls, Breeches and shorts (other than swimwear) ---- suits :

HSN Code:  62044200   62044400   62046239  
Importers : Bermuda Importers 19
Bermuda Importers Shipment 1,052 		Value $520,888.91 $348,616.25 greenUpArrow 49.42% 0.41%
Shipment 422 347 greenUpArrow 21.61% 3.08%
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

HSN Code:  87032291   87032259   87032191  
Importers : Bermuda Importers 14
Bermuda Importers Shipment 836 		Value $10,053,475.27 $9,409,517.44 greenUpArrow 6.84% 7.86%
Shipment 353 194 greenUpArrow 81.96% 2.57%
Trunks, Suit-cases, Vanity-cases, Executive- cases, Brief-cases, School satchels, Spectacle cases, Binocular cases, Camera cases, Musical instrument cases, Gun cases, Holsters and similar containers; travelling-bags, Insulated food or beverages bags, Toil

HSN Code:  42022290   42022100   42022190  
Importers : Bermuda Importers 39
Bermuda Importers Shipment 659 		Value $441,279.98 $450,424.54 redDownArrow -2.03% 0.35%
Shipment 263 187 greenUpArrow 40.64% 1.92%
Footwear with outer soles of rubber, Plastics, Leather or composition leather and uppers of leather - sports footwear :

HSN Code:  64039990   64039998   64039996  
Importers : Bermuda Importers 9
Bermuda Importers Shipment 626 		Value $148,169.62 $409,782.61 redDownArrow -63.84% 0.12%
Shipment 216 249 redDownArrow -13.25% 1.57%
Undenatured ethyl alcohol of an alcoholic strength by volume of less than 80% vol.; spirit, Liqueurs and other spiritnous beverages

HSN Code:  22087010   22086011   22083030  
Importers : Bermuda Importers 5
Bermuda Importers Shipment 523 		Value $5,354,366.71 $4,058,470.75 greenUpArrow 31.93% 4.19%
Shipment 189 174 greenUpArrow 8.62% 1.38%
Women’s or girls’ suits, Ensembles, Jackets, Blazers, Dresses, Skirts, Divided skirts, Trousers, Bib and brace overalls, Breeches and shorts (other than swim wear), Knitted or crocheted ---- suits :

HSN Code:  61044200   61046200   61046300  
Importers : Bermuda Importers 6
Bermuda Importers Shipment 498 		Value $123,311.65 $132,183.9 redDownArrow -6.71% 0.10%
Shipment 205 173 greenUpArrow 18.50% 1.49%
Electrical lighting or signalling equipment (excluding articles of heading 8539), Windscreen wipers, Defrosters and demisters, Of a kind used for cycles or motor vehicles

HSN Code:  85122000   85129090   85122010  
Importers : Bermuda Importers 11
Bermuda Importers Shipment 485 		Value $50,241.44 $75,644.53 redDownArrow -33.58% 0.04%
Shipment 135 220 redDownArrow -38.64% 0.98%
Centrifuges, Including centrifugal dryers; filtering or purifying machinery and apparatus, For liquids or gases - centrifuges, Including centrifugal dryers:

HSN Code:  84212300   84213100   84219990  
Importers : Bermuda Importers 12
Bermuda Importers Shipment 465 		Value $385,617.04 $344,358.75 greenUpArrow 11.98% 0.30%
Shipment 178 181 redDownArrow -1.66% 1.30%
Other articles of plastics and articles of other materials of headings 3901 to 3914

HSN Code:  39269097   39269099  39263000  
Importers : Bermuda Importers 25
Bermuda Importers Shipment 440 		Value $182,461.13 $255,244.21 redDownArrow -28.52% 0.14%
Shipment 149 170 redDownArrow -12.35% 1.09%
Men’s or boys’ suits, Ensembles, Jackets, Blazers, Trousers, Bib and brace oveb ralls, Breeches and shorts (other than swimwear) ---- suits :

HSN Code:  62034290   62034235   62034231  
Importers : Bermuda Importers 22
Bermuda Importers Shipment 432 		Value $293,924.64 $233,271.88 greenUpArrow 26.00% 0.23%
Shipment 166 141 greenUpArrow 17.73% 1.21%


HSN Code:  99309900   99302400  
Importers : Bermuda Importers 56
Bermuda Importers Shipment 402 		Value $2,054,712.19 $7,149.65 greenUpArrow 28638.64% 1.61%
Shipment 298 3 greenUpArrow 9833.33% 2.17%
Screws, Bolts, Nuts, Coach-screws, Screw hooks, Rivets, Cotters, Cotter-pins, Washers (including spring washers)and similar articles, Of iron or steel - threaded articles :

HSN Code:  73181595   73181588   73182900  
Importers : Bermuda Importers 13
Bermuda Importers Shipment 391 		Value $67,187.69 $259,718.2 redDownArrow -74.13% 0.05%
Shipment 164 147 greenUpArrow 11.56% 1.20%

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