Musical Instrument Parts in Bermuda 2020 Exports | Imports : $9.21M | $33.7k, World Rnk 25 / 162 Rnk 2 / 399 | World Rnk 138 / 203 Rnk 639 / 1083
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $9.21M | $12k, United States | United States
2020 PRODUCT COMPLEXITY IN Musical Instrument Parts: 1.28, Rnk 104 / 1029
Exports In 2020, Bermuda exported $9.21M in Musical Instrument Parts, making it the 25th largest exporter of Musical Instrument Parts in the world. At the same year, Musical Instrument Parts was the 2nd most exported product in Bermuda. The main destination of Musical Instrument Parts exports from Bermuda are: United States ($9.21M) and Sweden ($108).
The fastest growing export markets for Musical Instrument Parts of Bermuda between 2019 and 2020 were United States ($9.21M) and Sweden ($108).
Imports In 2020, Bermuda imported $33.7k in Musical Instrument Parts, becoming the 138th largest importer of Musical Instrument Parts in the world. At the same year, Musical Instrument Parts was the 639th most imported product in Bermuda. Bermuda imports Musical Instrument Parts primarily from: United States ($25.2k), United Kingdom ($4.87k), Netherlands ($3.6k), and China ($46).
The fastest growing import markets in Musical Instrument Parts for Bermuda between 2019 and 2020 were United States ($12k), United Kingdom ($3.69k), and Netherlands ($3.6k).
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 (Most Favoured Nation duty rate treatement, 25%), Burundi (Most Favoured Nation duty rate treatement, 25%), Benin (Most Favoured Nation duty rate treatement, 25%), Burkina Faso (Most Favoured Nation duty rate treatement, 25%), and Botswana (Most Favoured Nation duty rate treatement, 25%).
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
The following visualization shows the latest trends on Musical Instrument Parts. Countries are shown based on data availability.
* Using January 2020 exchange rates when trade data is reported in local currency.
EXPORTS (2020): $9.21M
IMPORTS (2020): $33.7k
NET TRADE (2020): $9.18M
In 2020, Bermuda exported $9.21M in Musical Instrument Parts. The main destinations of Bermuda exports on Musical Instrument Parts were United States ($9.21M) and Sweden ($108).
In 2020, Bermuda imported $33.7k in Musical Instrument Parts, mainly from United States ($25.2k), United Kingdom ($4.87k), Netherlands ($3.6k), and China ($46).
THE FASTEST GROWING Musical Instrument Parts EXPORT MARKETS FOR Bermuda WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Musical Instrument Parts BY Bermuda WERE (2019 - 2020):
In 2020, Bermuda's main exporting competitors in Musical Instrument Parts were:
In 2020, Bermuda's main importing competitors in Musical Instrument Parts were:
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