Goods exports in Bermuda
Bermuda: Goods exports was 11.67 million BoP, current US$ in 2023. ▼ Falling
Goods exports in Bermuda, 2006–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Bermuda recorded 11.67 million BoP, current US$ for goods exports in 2023.
That represents a change of down 35.8% on the previous year and down 8.0% over ten years.
Over the whole period, goods exports in Bermuda peaked at 28.67 million BoP, current US$ in 2009 and was at its lowest, 9.15 million BoP, current US$, in 2021.
Bermuda ranks 195th of 199 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 18 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 25.74 million BoP, current US$ | 23.52 million BoP, current US$ | 28.67 million BoP, current US$ | 4 |
| 2010s | 16.61 million BoP, current US$ | 11.14 million BoP, current US$ | 21.44 million BoP, current US$ | 10 |
| 2020s | 12.44 million BoP, current US$ | 9.15 million BoP, current US$ | 18.17 million BoP, current US$ | 4 |
Countries ranked near Bermuda
- 192 Nauru 25.53 million BoP, current US$ compare
- 193 Samoa 24.24 million BoP, current US$ compare
- 194 Kiribati 17.34 million BoP, current US$ compare
- 196 Tonga 10.83 million BoP, current US$ compare
- 197 Turks and Caicos Islands 5.80 million BoP, current US$ compare
- 198 Palau 1.75 million BoP, current US$ compare
More economy & growth data for Bermuda
- Exports of goods and services 3.99 billion constant 2015 US$ (2024)
- Gross national expenditure 6.07 billion current US$ (2024)
- Gross national expenditure 6.07 billion current LCU (2024)
- Gross national expenditure 4.88 billion constant 2015 US$ (2024)
- Industry (including construction), value added 4.9% (2024)
- Gross national expenditure 66.1% (2024)
- Exports of goods and services 5.07 billion current US$ (2024)
- Exports of goods and services 5.07 billion current LCU (2024)
- Gross fixed capital formation 1.01 billion current LCU (2024)
- Gross fixed capital formation 1.01 billion current US$ (2024)
Frequently asked questions
- What is goods exports in Bermuda?
- Goods exports in Bermuda was 11.67 million BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods exports recorded in Bermuda?
- The highest recorded value was 28.67 million BoP, current US$ in 2009.
- What is the lowest goods exports recorded in Bermuda?
- The lowest recorded value was 9.15 million BoP, current US$ in 2021.
- How does Bermuda rank for goods exports?
- Bermuda ranks 195th out of 199 countries with data for 2023.
- Is goods exports rising or falling in Bermuda?
- Over the last ten years it is down 8.0%. The long-run trend across the full record is falling.
- Where does this Bermuda data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of goods occur when there are changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.