Bermuda / United States

Bermuda-United States Trade: In 2022, Bermuda exported $11.1M to United States. The main products that Bermuda exported to United States were Hard Liquor ($2.42M), Spark-Ignition Engines ($1.83M), and Electric Generating Sets ($891k). Over the past 5 years the exports of Bermuda to United States have increased at an annualized rate of 0.25%, from $11M in 2017 to $11.1M in 2022.

In 2022, Bermuda did not export any services to United States.

United States-Bermuda Trade: In 2022, United States exported $555M to Bermuda. The main products that United States exported to Bermuda were Refined Petroleum ($52.8M), Broadcasting Equipment ($14.1M), and Other Furniture ($11.9M). Over the past 5 years the exports of United States to Bermuda have decreased at an annualized rate of 0.15%,  from $559M in 2017 to $555M in 2022.

In 2017, United States exported services to Bermuda worth $11.3B, with Financial services ($4.12B), Insurance services ($2.92B), and Royalties and license fees ($1.99B) being the largest in terms of value.

Comparison In 2022,  Bermuda ranked 199 in total exports ($68.1M), and does not have data regarding Economic Complexity Index. That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).