2022
Exports
$1.49MWorld Rnk 80 / 213
Flag Rnk 10 / 501
2022
PRODUCT COMPLEXITY IN Interchangeable Tool Parts
1.7Rnk 24 / 1025
2022
Imports
$350kWorld Rnk 177 / 225
Flag Rnk 320 / 1093

About

Exports In 2022, Bermuda exported $1.49M in Interchangeable Tool Parts, making it the 80th largest exporter of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 10th most exported product in Bermuda. The main destination of Interchangeable Tool Parts exports from Bermuda are: Tanzania ($1.38M), United States ($63.4k), Angola ($26.7k), Denmark ($5.82k), and Canada ($5.53k).

The fastest growing export markets for Interchangeable Tool Parts of Bermuda between 2021 and 2022 were Tanzania ($1.06M), United States ($60.4k), and Angola ($26.7k).

Imports In 2022, Bermuda imported $350k in Interchangeable Tool Parts, becoming the 177th largest importer of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 320th most imported product in Bermuda. Bermuda imports Interchangeable Tool Parts primarily from: United States ($305k), United Kingdom ($14.1k), Germany ($14k), China ($4.3k), and Canada ($3.42k).

The fastest growing import markets in Interchangeable Tool Parts for Bermuda between 2021 and 2022 were Germany ($12.9k), United Kingdom ($6.3k), and Poland ($3.21k).

COMPANIES In 2023, leading companies such as Celebrity Cruises (1) were at the forefront of shipping Interchangeable Tool Parts from Bermuda to the United States.

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.49M
IMPORTS (2022)$350k
NET TRADE (2022)$1.14M

In 2022, Bermuda exported $1.49M in Interchangeable Tool Parts. The main destinations of Bermuda exports on Interchangeable Tool Parts were Tanzania ($1.38M), United States ($63.4k), Angola ($26.7k), Denmark ($5.82k), and Canada ($5.53k).

In 2022, Bermuda imported $350k in Interchangeable Tool Parts, mainly from United States ($305k), United Kingdom ($14.1k), Germany ($14k), China ($4.3k), and Canada ($3.42k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Interchangeable Tool Parts EXPORT MARKETS FOR Bermuda WERE (2021 - 2022):
Tanzania$1.06M (328%)
United States$60.4k (1.99k%)
Angola$26.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Interchangeable Tool Parts BY Bermuda WERE (2021 - 2022):
United Kingdom-$10.9k (-100%)
Barbados-$3.29k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Bermuda's main exporting competitors in Interchangeable Tool Parts were:
In 2022, Bermuda's main importing competitors in Interchangeable Tool Parts were:

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Trade Value of Interchangeable Tool Parts by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Interchangeable Tool Parts’s highest export potential is N/A. With an export gap of N/A.   Interchangeable Tool Parts’s highest import potential is N/A with an import gap of N/A.

See methodology.

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