Musical Instrument Parts in Bermuda

EXPORTS (2018): $2.42M, World Rnk 36 / 118
Flag Rnk 6 / 303

TOP DESTINATION (2018): $1.11M, France

FASTEST GROWING MARKET (2017 - 2018): $1.11M, France

IMPORTS (2018): $68.7k, World Rnk 123 / 188
Flag Rnk 527 / 992

TOP ORIGIN (2018): $64.6k, United States

FASTEST GROWING ORIGIN (2017 - 2018): $41.8k, United States

PRODUCT COMPLEXITY  IN Musical Instrument Parts (2018): 1.36, Rnk 70 / 1018

Overview: This page contains the latest trade data of Musical Instrument Parts in Bermuda.

Exports: In 2018, Bermuda exported $2.42M in Musical Instrument Parts, making it the 36th largest exporter of Musical Instrument Parts in the world. At the same year, Musical Instrument Parts was the 6th most exported product in Bermuda. The main destination of Musical Instrument Parts exports from Bermuda are: France ($1.11M), Spain ($614k), Austria ($236k), Finland ($130k), and Czechia ($107k).

The fastest growing export markets for Musical Instrument Parts of Bermuda between 2017 and 2018 were France ($1.11M), Spain ($614k), and Austria ($236k).

Imports: In 2018, Bermuda imported $68.7k in Musical Instrument Parts, becoming the 123rd largest importer of Musical Instrument Parts in the world. At the same year, Musical Instrument Parts was the 527th most imported product in Bermuda. Bermuda imports Musical Instrument Parts primarily from: United States ($64.6k), United Kingdom ($2.47k), and Canada ($1.57k).

The fastest growing import markets in Musical Instrument Parts for Bermuda between 2017 and 2018 were United States ($41.8k) and Canada ($1.57k).

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

Value

EXPORTS (2018): $2.42M

IMPORTS (2018): $68.7k

NET TRADE (2018): $2.35M

In 2018, Bermuda exported $2.42M in Musical Instrument Parts. The main destinations of Bermuda exports on Musical Instrument Parts were France ($1.11M), Spain ($614k), Austria ($236k), Finland ($130k), and Czechia ($107k).

In 2018, Bermuda imported $68.7k in Musical Instrument Parts, mainly from United States ($64.6k), United Kingdom ($2.47k), and Canada ($1.57k).

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IN 2018, Bermuda HAD A POSITIVE NET TRADE IN Musical Instrument Parts WITH:

  • France, $1.11M ($1.11M - $0)
  • Spain, $614k ($614k - $0)
  • Austria, $236k ($236k - $0)

IN 2018, Bermuda HAD A NEGATIVE NET TRADE IN Musical Instrument Parts WITH:

  • United States, -$62.1k ($2.51k - $64.6k)
  • United Kingdom, -$2.47k ($0 - $2.47k)
  • Canada, -$1.57k ($0 - $1.57k)
Flow

THE FASTEST GROWING Musical Instrument Parts EXPORT MARKETS FOR Bermuda WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Musical Instrument Parts BY Bermuda WERE (2017 - 2018):: Sweden, -$13.2k (-50.6%)

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Market Concentration

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Flow
Type

In 2018, Bermuda's main exporting competitors in Musical Instrument Parts were:

In 2018, Bermuda's main importing competitors in Musical Instrument Parts were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Musical Instrument Parts 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 Musical Instrument Parts was 25%.

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

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