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Exports In 2023, Bermuda exported $4.04k in Packaged Medicaments, making it the 195th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 136th most exported product in Bermuda. The main destination of Packaged Medicaments exports from Bermuda are: United Kingdom ($3.21k), France ($395), Grenada ($244), Ireland ($129), and Canada ($56).

The fastest growing export markets for Packaged Medicaments of Bermuda between 2022 and 2023 were France ($395), Grenada ($244), and Ireland ($52).

Imports In 2023, Bermuda imported $29.6M in Packaged Medicaments, becoming the 163rd largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 4th most imported product in Bermuda. Bermuda imports Packaged Medicaments primarily from: United Kingdom ($16.6M), Canada ($6.01M), United States ($4.76M), Switzerland ($1.09M), and Germany ($897k).

The fastest growing import markets in Packaged Medicaments for Bermuda between 2022 and 2023 were United Kingdom ($5.08M), Canada ($1.86M), and Germany ($475k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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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 Packaged Medicaments. 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)$4.04k
IMPORTS (2023)$29.6M
NET TRADE (2023)-$29.6M

In 2023, Bermuda exported $4.04k in Packaged Medicaments. The main destinations of Bermuda exports on Packaged Medicaments were United Kingdom ($3.21k), France ($395), Grenada ($244), Ireland ($129), and Canada ($56).

In 2023, Bermuda imported $29.6M in Packaged Medicaments, mainly from United Kingdom ($16.6M), Canada ($6.01M), United States ($4.76M), Switzerland ($1.09M), and Germany ($897k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Bermuda WERE (2022 - 2023):
France$395 (1%)
Grenada$244 (1%)
Ireland$52 (67.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Bermuda WERE (2022 - 2023):
United Kingdom-$65.3k (-95.3%)
China-$42.9k (-100%)
Canada-$248 (-81.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Type
In 2023, Bermuda's main exporting competitors in Packaged Medicaments were:
In 2023, Bermuda's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

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

See methodology.

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