HS Icon Paintings in  Flag Bermuda

2020
Exports | Imports
: $50k | $148M, World Rnk 132 / 196
Flag Rnk 47 / 399 | World Rnk 11 / 211
Flag Rnk 3 / 1083

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $9.68k | $122M, Italy |  United Kingdom

2020
PRODUCT COMPLEXITY  IN Paintings
: 0.65, Rnk 303 / 1029

Exports In 2020, Bermuda exported $50k in Paintings, making it the 132nd largest exporter of Paintings in the world. At the same year, Paintings was the 47th most exported product in Bermuda. The main destination of Paintings exports from Bermuda are: United States ($28.8k), Italy ($9.68k), United Kingdom ($6.11k), Barbados ($3.25k), and Canada ($1.44k).

The fastest growing export markets for Paintings of Bermuda between 2019 and 2020 were Italy ($9.68k), Barbados ($3.25k), and Canada ($1.44k).

Imports In 2020, Bermuda imported $148M in Paintings, becoming the 11th largest importer of Paintings in the world. At the same year, Paintings was the 3rd most imported product in Bermuda. Bermuda imports Paintings primarily from: United Kingdom ($125M), France ($23M), United States ($417k), Canada ($18.6k), and Spain ($15.7k).

The fastest growing import markets in Paintings for Bermuda between 2019 and 2020 were United Kingdom ($122M), France ($21.6M), and Spain ($15.7k).

Tariffs In 2018, the average tariff for Bermuda in Paintings was 6.67%. The countries with the highest import tariffs for Paintings were Angola (Most Favoured Nation duty rate treatement, 6.67%), Burundi (Most Favoured Nation duty rate treatement, 6.67%), Benin (Most Favoured Nation duty rate treatement, 6.67%), Burkina Faso (Most Favoured Nation duty rate treatement, 6.67%), and Botswana (Most Favoured Nation duty rate treatement, 6.67%).

Subnational Monthly Trade

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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 Paintings. 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

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EXPORTS (2020): $50k

IMPORTS (2020): $148M

NET TRADE (2020): -$148M

In 2020, Bermuda exported $50k in Paintings. The main destinations of Bermuda exports on Paintings were United States ($28.8k), Italy ($9.68k), United Kingdom ($6.11k), Barbados ($3.25k), and Canada ($1.44k).

In 2020, Bermuda imported $148M in Paintings, mainly from United Kingdom ($125M), France ($23M), United States ($417k), Canada ($18.6k), and Spain ($15.7k).

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THE FASTEST GROWING Paintings EXPORT MARKETS FOR Bermuda WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paintings BY Bermuda WERE (2019 - 2020):

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Market Concentration

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In 2020, Bermuda's main exporting competitors in Paintings were:

In 2020, Bermuda's main importing competitors in Paintings were:

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