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2022
Exports $612kWorld Rnk 85 / 218
Flag Rnk 20 / 501
2022
Destination $305k Canada
2021 - 2022
FASTEST GROWING MARKET $305kCanada
2022
PRODUCT COMPLEXITY IN Other Hand Tools1.51Rnk 50 / 1025
2022
Imports $520kWorld Rnk 187 / 224
Flag Rnk 260 / 1093
2022
Origin $103k United States
2021 - 2022
FASTEST GROWING ORIGIN $103kUnited Kingdom

About

Exports In 2022, Bermuda exported $612k in Other Hand Tools, making it the 85th largest exporter of Other Hand Tools in the world. At the same year, Other Hand Tools was the 20th most exported product in Bermuda. The main destination of Other Hand Tools exports from Bermuda are: Canada ($306k), Tanzania ($202k), United Kingdom ($54k), United States ($27.1k), and Italy ($9.89k).

The fastest growing export markets for Other Hand Tools of Bermuda between 2021 and 2022 were Canada ($305k), Tanzania ($164k), and United Kingdom ($54k).

Imports In 2022, Bermuda imported $520k in Other Hand Tools, becoming the 187th largest importer of Other Hand Tools in the world. At the same year, Other Hand Tools was the 260th most imported product in Bermuda. Bermuda imports Other Hand Tools primarily from: United States ($344k), United Kingdom ($137k), Canada ($8.49k), Germany ($7.2k), and China ($5.89k).

The fastest growing import markets in Other Hand Tools for Bermuda between 2021 and 2022 were United Kingdom ($103k), Italy ($2.23k), and Hong Kong ($2.2k).

Latest Trends

Oct 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 Other Hand Tools. 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)$612k
IMPORTS (2022)$520k
NET TRADE (2022)$91.3k

In 2022, Bermuda exported $612k in Other Hand Tools. The main destinations of Bermuda exports on Other Hand Tools were Canada ($306k), Tanzania ($202k), United Kingdom ($54k), United States ($27.1k), and Italy ($9.89k).

In 2022, Bermuda imported $520k in Other Hand Tools, mainly from United States ($344k), United Kingdom ($137k), Canada ($8.49k), Germany ($7.2k), and China ($5.89k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Hand Tools EXPORT MARKETS FOR Bermuda WERE (2021 - 2022):
Canada$305k (77.1k%)
Tanzania$164k (432%)
United Kingdom$54k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Hand Tools BY Bermuda WERE (2021 - 2022):
Portugal-$3.66k (-52%)
France-$1.18k (-100%)
Costa Rica-$703 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bermuda's main exporting competitors in Other Hand Tools were:
China $4.12B
Chinese Taipei $1.14B
Germany $798M
In 2022, Bermuda's main importing competitors in Other Hand Tools were:
United States $1.86B
Germany $743M
France $392M

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Trade Value of Other Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

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

See methodology.

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