United States-Bermuda Trade: In 2022, United States exported $555M to Bermuda. The main products that United States exported to Bermuda were Refined Petroleum ($52.8M), Broadcasting Equipment ($14.1M), and Other Furniture ($11.9M). Over the past 5 years the exports of United States to Bermuda have decreased at an annualized rate of 0.15%, from $559M in 2017 to $555M in 2022.
In 2017, United States exported services to Bermuda worth $11.3B, with Financial services ($4.12B), Insurance services ($2.92B), and Royalties and license fees ($1.99B) being the largest in terms of value.
Bermuda-United States Trade: In 2022, Bermuda exported $11.1M to United States. The main products that Bermuda exported to United States were Hard Liquor ($2.42M), Spark-Ignition Engines ($1.83M), and Electric Generating Sets ($891k). Over the past 5 years the exports of Bermuda to United States have increased at an annualized rate of 0.25%, from $11M in 2017 to $11.1M in 2022.
In 2022, Bermuda did not export any services to United States.
Comparison In 2022, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Bermuda ranked 199 in total exports ($68.1M), and does not have data regarding Economic Complexity Index.
Company data: In 2023, leading companies such as Celebrity Cruises (93), Heineken (6), and Amazon (1) were at the forefront of exporting goods from Bermuda to the United States. Conversely, Celebrity Cruises Inc. (92), Burrows Lightbourn Ltd. (6), and Unknown (1) were notable for importing products to Bermuda from the United States.