Recreational Boats in Bermuda

2019
Exports | Imports
: $12.2M | $45.6M, World Rnk 51 / 167
Flag Rnk 4 / 479 | World Rnk 41 / 219
Flag Rnk 4 / 1093

2019
Destination | Origin
: $7.52M | $39.6M, France | Netherlands

2018 - 2019
FASTEST GROWING MARKET |  FASTEST GROWING ORIGIN
: $7.52M | $130k, France |  United States

2019
PRODUCT COMPLEXITY  IN Recreational Boats
: 0.37, Rnk 421 / 1029

Exports: In 2019, Bermuda exported $12.2M in Recreational Boats, making it the 51st largest exporter of Recreational Boats in the world. At the same year, Recreational Boats was the 4th most exported product in Bermuda. The main destination of Recreational Boats exports from Bermuda are: France ($7.52M), United Kingdom ($4.08M), Antigua and Barbuda ($482k), United States ($61k), and Germany ($16.3k).

The fastest growing export markets for Recreational Boats of Bermuda between 2018 and 2019 were France ($7.52M), United Kingdom ($4.08M), and Antigua and Barbuda ($482k).

Imports: In 2019, Bermuda imported $45.6M in Recreational Boats, becoming the 41st largest importer of Recreational Boats in the world. At the same year, Recreational Boats was the 4th most imported product in Bermuda. Bermuda imports Recreational Boats primarily from: Netherlands ($39.6M), United States ($5M), Canada ($354k), France ($211k), and Mexico ($168k).

The fastest growing import markets in Recreational Boats for Bermuda between 2018 and 2019 were United States ($130k), Canada ($121k), and Colombia ($50.4k).

Tariffs: In 2018, the average tariff for Bermuda in Recreational Boats was 25%. The countries with the highest import tariffs for Recreational Boats were Angola (25%), Burundi (25%), Benin (25%), Burkina Faso (25%), and Botswana (25%).

Value

EXPORTS (2019): $12.2M

IMPORTS (2019): $45.6M

NET TRADE (2019): -$33.5M

In 2019, Bermuda exported $12.2M in Recreational Boats. The main destinations of Bermuda exports on Recreational Boats were France ($7.52M), United Kingdom ($4.08M), Antigua and Barbuda ($482k), United States ($61k), and Germany ($16.3k).

In 2019, Bermuda imported $45.6M in Recreational Boats, mainly from Netherlands ($39.6M), United States ($5M), Canada ($354k), France ($211k), and Mexico ($168k).

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IN 2019, Bermuda HAD A POSITIVE NET TRADE IN Recreational Boats WITH:

IN 2019, Bermuda HAD A NEGATIVE NET TRADE IN Recreational Boats WITH:

Flow

THE FASTEST GROWING Recreational Boats EXPORT MARKETS FOR Bermuda WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Recreational Boats BY Bermuda WERE (2018 - 2019):

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Market Concentration

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Flow
Type

In 2018, Bermuda's main exporting competitors in Recreational Boats were:

In 2018, Bermuda's main importing competitors in Recreational Boats were:

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Tariffs by Country

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In 2018, the average tariff for Bermuda in Recreational Boats was 25%.

The countries with the highest tariffs for Recreational Boats in Bermuda were Angola (25%), Burundi (25%), Benin (25%), Burkina Faso (25%), and Botswana (25%).

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