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Exports In 2022, Bermuda exported $10.7M in Transportation, making it the 152nd largest exporter of Transportation in the world. At the same year, Transportation was the 3rd most exported product in Bermuda. The main destination of Transportation exports from Bermuda are: France ($5.85M), Cyprus ($2.39M), South Africa ($1.16M), United States ($317k), and Italy ($288k).

The fastest growing export markets for Transportation of Bermuda between 2021 and 2022 were France ($5.84M), South Africa ($1.13M), and Cyprus ($518k).

Imports In 2022, Bermuda imported $807M in Transportation, becoming the 116th largest importer of Transportation in the world. At the same year, Transportation was the 1st most imported product in Bermuda. Bermuda imports Transportation primarily from: Norway ($306M), South Korea ($302M), China ($66.5M), Angola ($65.3M), and United States ($14.7M).

The fastest growing import markets in Transportation for Bermuda between 2021 and 2022 were Angola ($65.3M), France ($11.2M), and Netherlands ($8.13M).

COMPANIES In 2023, leading companies such as Celebrity Cruises (14) were at the forefront of shipping Transportation from Bermuda to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
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 Transportation. 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)$10.7M
IMPORTS (2022)$807M
NET TRADE (2022)-$796M

In 2022, Bermuda exported $10.7M in Transportation. The main destinations of Bermuda exports on Transportation were France ($5.85M), Cyprus ($2.39M), South Africa ($1.16M), United States ($317k), and Italy ($288k).

In 2022, Bermuda imported $807M in Transportation, mainly from Norway ($306M), South Korea ($302M), China ($66.5M), Angola ($65.3M), and United States ($14.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Transportation EXPORT MARKETS FOR Bermuda WERE (2021 - 2022):
France$5.84M (47.6k%)
South Africa$1.13M (4.03k%)
Cyprus$518k (27.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Transportation BY Bermuda WERE (2021 - 2022):
Netherlands-$101M (-100%)
Denmark-$73.3M (-100%)
United States-$17.6M (-98.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bermuda's main exporting competitors in Transportation were:
In 2022, Bermuda's main importing competitors in Transportation were:

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Trade Value of Transportation by Exporters

Potential Exports

Potential Exports

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

See methodology.

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