Other Electrical Machinery in Bermuda

EXPORTS (2018): $1.06M, World Rnk 93 / 179
Flag Rnk 9 / 303

TOP DESTINATION (2018): $728k, Netherlands

IMPORTS (2018): $1.91M, World Rnk 152 / 220
Flag Rnk 99 / 992

TOP ORIGIN (2018): $1.45M, United States

FASTEST GROWING ORIGIN (2017 - 2018): $755k, United States

PRODUCT COMPLEXITY  IN Other Electrical Machinery (2018): 1.25, Rnk 91 / 1018

Overview: This page contains the latest trade data of Other Electrical Machinery in Bermuda.

Exports: In 2018, Bermuda exported $1.06M in Other Electrical Machinery, making it the 93rd largest exporter of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 9th most exported product in Bermuda. The main destination of Other Electrical Machinery exports from Bermuda are: Netherlands ($728k), Sweden ($313k), United States ($18.3k), Israel ($4k), and Tanzania ($1.37k).

Imports: In 2018, Bermuda imported $1.91M in Other Electrical Machinery, becoming the 152nd largest importer of Other Electrical Machinery in the world. At the same year, Other Electrical Machinery was the 99th most imported product in Bermuda. Bermuda imports Other Electrical Machinery primarily from: United States ($1.45M), France ($230k), Thailand ($108k), Norway ($43.5k), and China ($20.6k).

The fastest growing import markets in Other Electrical Machinery for Bermuda between 2017 and 2018 were United States ($755k), France ($230k), and Thailand ($108k).

Tariffs: In 2018, the average tariff for Bermuda in Other Electrical Machinery was 20.8%. The countries with the highest import tariffs for Other Electrical Machinery were Angola (20.8%), Burundi (20.8%), Benin (20.8%), Burkina Faso (20.8%), and Botswana (20.8%).

Value

EXPORTS (2018): $1.06M

IMPORTS (2018): $1.91M

NET TRADE (2018): -$847k

In 2018, Bermuda exported $1.06M in Other Electrical Machinery. The main destinations of Bermuda exports on Other Electrical Machinery were Netherlands ($728k), Sweden ($313k), United States ($18.3k), Israel ($4k), and Tanzania ($1.37k).

In 2018, Bermuda imported $1.91M in Other Electrical Machinery, mainly from United States ($1.45M), France ($230k), Thailand ($108k), Norway ($43.5k), and China ($20.6k).

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Flow

Market Concentration

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Flow
Type

In 2018, Bermuda's main exporting competitors in Other Electrical Machinery were:

In 2018, Bermuda's main importing competitors in Other Electrical Machinery were:

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Trade Forecasts

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This section shows forecasts for total exports and imports, for Other Electrical Machinery in Bermuda. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the average tariff for Bermuda in Other Electrical Machinery was 20.8%.

The countries with the highest tariffs for Other Electrical Machinery in Bermuda were Angola (20.8%), Burundi (20.8%), Benin (20.8%), Burkina Faso (20.8%), and Botswana (20.8%).

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