Recreational Boats in Bermuda

EXPORTS (2018): $76.3M, World Rnk 26 / 153
Flag Rnk 2 / 303

TOP DESTINATION (2018): $74.4M, Netherlands

FASTEST GROWING MARKET (2017 - 2018): $74.4M, Netherlands

IMPORTS (2018): $101M, World Rnk 30 / 214
Flag Rnk 3 / 992

TOP ORIGIN (2018): $79.4M, Netherlands

FASTEST GROWING ORIGIN (2017 - 2018): $78.4M, Netherlands

PRODUCT COMPLEXITY  IN Recreational Boats (2018): 0.29, Rnk 442 / 1018

Overview: This page contains the latest trade data of Recreational Boats in Bermuda.

Exports: In 2018, Bermuda exported $76.3M in Recreational Boats, making it the 26th largest exporter of Recreational Boats in the world. At the same year, Recreational Boats was the 2nd most exported product in Bermuda. The main destination of Recreational Boats exports from Bermuda are: Netherlands ($74.4M), United States ($1.47M), Portugal ($252k), New Zealand ($129k), and Australia ($32.2k).

The fastest growing export markets for Recreational Boats of Bermuda between 2017 and 2018 were Netherlands ($74.4M), United States ($1.47M), and Portugal ($252k).

Imports: In 2018, Bermuda imported $101M in Recreational Boats, becoming the 30th largest importer of Recreational Boats in the world. At the same year, Recreational Boats was the 3rd most imported product in Bermuda. Bermuda imports Recreational Boats primarily from: Netherlands ($79.4M), Italy ($12.3M), United States ($4.87M), New Zealand ($2.83M), and Poland ($447k).

The fastest growing import markets in Recreational Boats for Bermuda between 2017 and 2018 were Netherlands ($78.4M), Italy ($12.3M), and New Zealand ($2.3M).

Tariffs: In 2018, the average tariff for Bermuda in Recreational Boats was 25%. The countries with the highest import tariffs for Recreational Boats were Angola (25%), Burundi (25%), Benin (25%), Burkina Faso (25%), and Botswana (25%).

Value

EXPORTS (2018): $76.3M

IMPORTS (2018): $101M

NET TRADE (2018): -$24.4M

In 2018, Bermuda exported $76.3M in Recreational Boats. The main destinations of Bermuda exports on Recreational Boats were Netherlands ($74.4M), United States ($1.47M), Portugal ($252k), New Zealand ($129k), and Australia ($32.2k).

In 2018, Bermuda imported $101M in Recreational Boats, mainly from Netherlands ($79.4M), Italy ($12.3M), United States ($4.87M), New Zealand ($2.83M), and Poland ($447k).

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IN 2018, Bermuda HAD A POSITIVE NET TRADE IN Recreational Boats WITH:

  • Portugal, $252k ($252k - $0)
  • Australia, $19.2k ($32.2k - $13.1k)

IN 2018, Bermuda HAD A NEGATIVE NET TRADE IN Recreational Boats WITH:

  • Italy, -$12.3M ($0 - $12.3M)
  • Netherlands, -$4.96M ($74.4M - $79.4M)
  • United States, -$3.4M ($1.47M - $4.87M)
Flow

THE FASTEST GROWING Recreational Boats EXPORT MARKETS FOR Bermuda WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Recreational Boats BY Bermuda WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Bermuda's main exporting competitors in Recreational Boats were:

In 2018, Bermuda's main importing competitors in Recreational Boats were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Recreational Boats 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 Recreational Boats was 25%.

The countries with the highest tariffs for Recreational Boats in Bermuda were Angola (25%), Burundi (25%), Benin (25%), Burkina Faso (25%), and Botswana (25%).

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