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Exports In 2023, Bermuda exported $4.11M in Hard Liquor, making it the 101st largest exporter of Hard Liquor in the world. At the same year, Hard Liquor was the 4th most exported product in Bermuda. The main destination of Hard Liquor exports from Bermuda are: United States ($2.02M), Brazil ($767k), United Kingdom ($332k), Germany ($248k), and Canada ($228k).

The fastest growing export markets for Hard Liquor of Bermuda between 2022 and 2023 were Australia ($75.1k), Ukraine ($15.3k), and Brazil ($13.7k).

Imports In 2023, Bermuda imported $9.01M in Hard Liquor, becoming the 139th largest importer of Hard Liquor in the world. At the same year, Hard Liquor was the 17th most imported product in Bermuda. Bermuda imports Hard Liquor primarily from: Netherlands ($3.96M), United States ($3.11M), France ($825k), United Kingdom ($789k), and Latvia ($81.9k).

The fastest growing import markets in Hard Liquor for Bermuda between 2022 and 2023 were Netherlands ($2.01M), Latvia ($28.6k), and United Arab Emirates ($14.6k).

Latest Trends

Dec 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 Hard Liquor. 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 (2023)$4.11M
IMPORTS (2023)$9.01M
NET TRADE (2023)-$4.9M

In 2023, Bermuda exported $4.11M in Hard Liquor. The main destinations of Bermuda exports on Hard Liquor were United States ($2.02M), Brazil ($767k), United Kingdom ($332k), Germany ($248k), and Canada ($228k).

In 2023, Bermuda imported $9.01M in Hard Liquor, mainly from Netherlands ($3.96M), United States ($3.11M), France ($825k), United Kingdom ($789k), and Latvia ($81.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hard Liquor EXPORT MARKETS FOR Bermuda WERE (2022 - 2023):
Australia$75.1k (65.9%)
Ukraine$15.3k (3.28k%)
Brazil$13.7k (1.82%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hard Liquor BY Bermuda WERE (2022 - 2023):
United Kingdom-$712k (-68.2%)
United States-$394k (-16.3%)
Jamaica-$174k (-76.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Bermuda's main exporting competitors in Hard Liquor were:
In 2023, Bermuda's main importing competitors in Hard Liquor were:

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Trade Value of Hard Liquor by Exporters

Potential Exports

Potential Exports

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

See methodology.

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