Exports In 2020, Bermuda exported $3.45M in Hard Liquor, making it the 89th largest exporter of Hard Liquor in the world. At the same year, Hard Liquor was the 4th most exported product in Bermuda. The main destination of Hard Liquor exports from Bermuda are: United States ($2.69M), Canada ($217k), Germany ($98.5k), Australia ($88.7k), and Netherlands ($84.9k).
The fastest growing export markets for Hard Liquor of Bermuda between 2019 and 2020 were United States ($829k), Canada ($76.3k), and Singapore ($36.2k).
Imports In 2020, Bermuda imported $6.16M in Hard Liquor, becoming the 138th largest importer of Hard Liquor in the world. At the same year, Hard Liquor was the 19th most imported product in Bermuda. Bermuda imports Hard Liquor primarily from: Jamaica ($1.77M), United States ($1.62M), United Kingdom ($1.13M), France ($934k), and Netherlands ($146k).
The fastest growing import markets in Hard Liquor for Bermuda between 2019 and 2020 were Barbados ($46.5k), Jamaica ($37.6k), and Italy ($32k).
Tariffs In 2019, the average tariff for Bermuda in Hard Liquor was 110%. The countries with the highest import tariffs for Hard Liquor were Angola (Most Favoured Nation duty rate treatement, 110%), Burundi (Most Favoured Nation duty rate treatement, 110%), Benin (Most Favoured Nation duty rate treatement, 110%), Burkina Faso (Most Favoured Nation duty rate treatement, 110%), and Botswana (Most Favoured Nation duty rate treatement, 110%).