Petroleum Gas in Bermuda

EXPORTS (2018): $83.4M, World Rnk 74 / 139
Flag Rnk 1 / 303

TOP DESTINATION (2018): $83.4M, Pakistan

FASTEST GROWING MARKET (2017 - 2018): $38.8M, Pakistan

IMPORTS (2018): $23.2M, World Rnk 115 / 207
Flag Rnk 8 / 992

TOP ORIGIN (2018): $21.1M, United States

FASTEST GROWING ORIGIN (2017 - 2018): $20.7M, United States

PRODUCT COMPLEXITY  IN Petroleum Gas (2018): -2.37, Rnk 1010 / 1018

Overview: This page contains the latest trade data of Petroleum Gas in Bermuda.

Exports: In 2018, Bermuda exported $83.4M in Petroleum Gas, making it the 74th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 1st most exported product in Bermuda. The main destination of Petroleum Gas exports from Bermuda are: Pakistan ($83.4M).

The fastest growing export markets for Petroleum Gas of Bermuda between 2017 and 2018 were Pakistan ($38.8M).

Imports: In 2018, Bermuda imported $23.2M in Petroleum Gas, becoming the 115th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 8th most imported product in Bermuda. Bermuda imports Petroleum Gas primarily from: United States ($21.1M), Dominican Republic ($1.14M), and Trinidad and Tobago ($953k).

The fastest growing import markets in Petroleum Gas for Bermuda between 2017 and 2018 were United States ($20.7M) and Dominican Republic ($1.14M).

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

Value

EXPORTS (2018): $83.4M

IMPORTS (2018): $23.2M

NET TRADE (2018): $60.2M

In 2018, Bermuda exported $83.4M in Petroleum Gas. The main destinations of Bermuda exports on Petroleum Gas were Pakistan ($83.4M).

In 2018, Bermuda imported $23.2M in Petroleum Gas, mainly from United States ($21.1M), Dominican Republic ($1.14M), and Trinidad and Tobago ($953k).

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IN 2018, Bermuda HAD A POSITIVE NET TRADE IN Petroleum Gas WITH:: Pakistan, $83.4M ($83.4M - $0)

IN 2018, Bermuda HAD A NEGATIVE NET TRADE IN Petroleum Gas WITH:

  • United States, -$21.1M ($0 - $21.1M)
  • Dominican Republic, -$1.14M ($0 - $1.14M)
  • Trinidad and Tobago, -$953k ($0 - $953k)
Flow

THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Bermuda WERE (2017 - 2018):: Pakistan, $38.8M (87%)

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Market Concentration

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Flow
Type

In 2018, Bermuda's main exporting competitors in Petroleum Gas were:

In 2018, Bermuda's main importing competitors in Petroleum Gas were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Petroleum Gas 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 Petroleum Gas was 25%.

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

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