2022
Exports
$2.39MWorld Rnk 89 / 137
Flag Rnk 6 / 501
2022
PRODUCT COMPLEXITY IN Passenger and Cargo Ships
-0.47Rnk 691 / 1025
2022
Imports
$605MWorld Rnk 22 / 185
Flag Rnk 1 / 1093

About

Exports In 2022, Bermuda exported $2.39M in Passenger and Cargo Ships, making it the 89th largest exporter of Passenger and Cargo Ships in the world. At the same year, Passenger and Cargo Ships was the 6th most exported product in Bermuda. The main destination of Passenger and Cargo Ships exports from Bermuda are: Cyprus ($2.39M).

The fastest growing export markets for Passenger and Cargo Ships of Bermuda between 2021 and 2022 were Cyprus ($2.39M).

Imports In 2022, Bermuda imported $605M in Passenger and Cargo Ships, becoming the 22nd largest importer of Passenger and Cargo Ships in the world. At the same year, Passenger and Cargo Ships was the 1st most imported product in Bermuda. Bermuda imports Passenger and Cargo Ships primarily from: Norway ($306M), South Korea ($296M), and Germany ($3.84M).

The fastest growing import markets in Passenger and Cargo Ships for Bermuda between 2021 and 2022 were Germany ($3.84M).

Latest Trends

Aug 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 Passenger and Cargo Ships. 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)$2.39M
IMPORTS (2022)$605M
NET TRADE (2022)-$603M

In 2022, Bermuda exported $2.39M in Passenger and Cargo Ships. The main destinations of Bermuda exports on Passenger and Cargo Ships were Cyprus ($2.39M).

In 2022, Bermuda imported $605M in Passenger and Cargo Ships, mainly from Norway ($306M), South Korea ($296M), and Germany ($3.84M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Passenger and Cargo Ships EXPORT MARKETS FOR Bermuda WERE (2021 - 2022):Cyprus$2.39M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Passenger and Cargo Ships BY Bermuda WERE (2021 - 2022):Denmark-$73.3M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Bermuda's main exporting competitors in Passenger and Cargo Ships were:
In 2022, Bermuda's main importing competitors in Passenger and Cargo Ships were:

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Trade Value of Passenger and Cargo Ships by Exporters

Potential Exports

Potential Exports

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

Passenger and Cargo Ships’s highest export potential is N/A. With an export gap of N/A.   Passenger and Cargo Ships’s highest import potential is N/A with an import gap of N/A.

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