Exports In 2020, Bermuda exported $32.4k in Packaged Medicaments, making it the 178th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 66th most exported product in Bermuda. The main destination of Packaged Medicaments exports from Bermuda are: Saudi Arabia ($27.9k), United States ($3.1k), United Kingdom ($1k), Canada ($334), and Nigeria ($77).
The fastest growing export markets for Packaged Medicaments of Bermuda between 2019 and 2020 were Saudi Arabia ($27.9k), Nigeria ($77), and Barbados ($18).
Imports In 2020, Bermuda imported $24.8M in Packaged Medicaments, becoming the 166th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 5th most imported product in Bermuda. Bermuda imports Packaged Medicaments primarily from: United Kingdom ($10.1M), United States ($7.98M), Canada ($3.2M), Australia ($1.19M), and Italy ($486k).
The fastest growing import markets in Packaged Medicaments for Bermuda between 2019 and 2020 were United States ($3.43M), Australia ($657k), and United Kingdom ($428k).
Tariffs In 2018, the average tariff for Bermuda in Packaged Medicaments was 1.92%. The countries with the highest import tariffs for Packaged Medicaments were Angola (Most Favoured Nation duty rate treatement, 1.92%), Burundi (Most Favoured Nation duty rate treatement, 1.92%), Benin (Most Favoured Nation duty rate treatement, 1.92%), Burkina Faso (Most Favoured Nation duty rate treatement, 1.92%), and Botswana (Most Favoured Nation duty rate treatement, 1.92%).