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Bermuda is the 180th largest export economy in the world. In 2017, Bermuda exported $142M and imported $1.79B, resulting in a negative trade balance of $1.65B.

The top exports of Bermuda are Planes, Helicopters, and/or Spacecraft ($65.3M), Petroleum Gas ($44.6M), Hard Liquor ($12.4M), Other Electrical Machinery ($2.79M) and Microphones and Headphones ($1.88M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Passenger and Cargo Ships ($848M), Refined Petroleum ($102M), Postage Stamps ($36.8M), Paintings ($34.2M) and Cars ($28.6M).

The top export destinations of Bermuda are Belgium-Luxembourg ($65.4M), Pakistan ($44.6M), the United States ($10.1M), Germany ($7.96M) and the United Kingdom ($2.34M). The top import origins are South Korea ($851M), the United States ($580M), the United Kingdom ($73.8M), Canada ($67.8M) and Germany ($21.6M).

Economic Complexity of Bermuda

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