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Exports In 2022, Bermuda exported $112k in Packaged Medicaments, making it the 165th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 67th most exported product in Bermuda. The main destination of Packaged Medicaments exports from Bermuda are: United Kingdom ($68.5k), China ($42.9k), Canada ($304), South Korea ($107), and Ireland ($77).

The fastest growing export markets for Packaged Medicaments of Bermuda between 2021 and 2022 were United Kingdom ($62.6k), China ($41.4k), and Canada ($211).

Imports In 2022, Bermuda imported $29.8M in Packaged Medicaments, becoming the 161st 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 ($12.7M), United States ($8.41M), Canada ($4.49M), Panama ($2.14M), and Switzerland ($1M).

The fastest growing import markets in Packaged Medicaments for Bermuda between 2021 and 2022 were United States ($3.07M), Canada ($1.25M), and Belgium ($117k).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Y-AXIS SCALE

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 Packaged Medicaments. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$112k
IMPORTS (2022)$29.8M
NET TRADE (2022)-$29.7M

In 2022, Bermuda exported $112k in Packaged Medicaments. The main destinations of Bermuda exports on Packaged Medicaments were United Kingdom ($68.5k), China ($42.9k), Canada ($304), South Korea ($107), and Ireland ($77).

In 2022, Bermuda imported $29.8M in Packaged Medicaments, mainly from United Kingdom ($12.7M), United States ($8.41M), Canada ($4.49M), Panama ($2.14M), and Switzerland ($1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Bermuda WERE (2021 - 2022):
United Kingdom$62.6k (1.05k%)
China$41.4k (2.73k%)
Canada$211 (227%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Bermuda WERE (2021 - 2022):
Angola-$5.91k (-99.4%)
Netherlands-$1.56k (-100%)
United States-$240 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Bermuda's main exporting competitors in Packaged Medicaments were:
In 2022, Bermuda's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

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N/A
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N/AN/A

Packaged Medicaments’s highest export potential is N/A. With an export gap of N/A.   Packaged Medicaments’s highest import potential is N/A with an import gap of N/A.

See methodology.

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