Bermuda Trade Profile '22

Industrial property Agricultural products Transport Nonagricultural products Other commercial services Travel Merchandise trade Trade in commercial services

Trade Profiles 2022

GDP (million current US$, 2021) na Rank in world trade, 2021 Exports Imports GDP per capita (US$, 2019-2021) na Merchandise 205 172 Current account balance (% GDP, 2021) na excluding intra-EU trade 180 147 Trade per capita (US$, 2019-2021) na Commercial services 115 147 Trade (% GDP, 2019-2021) na excluding intra-EU trade 89 121 Value Million US$ 2021 12 1 085 2021 2021 0.00 0.00 Breakdown in economy's total exports Breakdown in economy's total imports Value Value Top exported products (Million US$) 2020 Top imported products (Million US$) 2020 HS2208 Alcohol of less than 80% volume 3 HS1905 Bread, pastry, other bakers' wares 14 HS2402 Cigars, cheroots, cigarillos 0.2 HS2204 Wine of fresh grapes 13 HS2204 Wine of fresh grapes 0.04 HS2202 Waters containing added sugar 10 HS1905 Bread, pastry, other bakers' wares 0.03 HS1602 Other prepared or preserved meat 9 HS2202 Waters containing added sugar 0.02 HS2208 Alcohol of less than 80% volume 8 Share in economy's trade in agricultural products Value Million US$ 2020 2010-2020 2019 2020 Exports 3 na -13 -17 Imports 205 5 -3 1 Value Value Top exported products (Million US$) 2020 Top imported products (Million US$) 2020 HS9209 Parts of musical instruments 9 HS2710 Petroleum oils, other than crude 51 HS8705 Special purpose motor vehicles 1 HS4907 Other documents of title 35 HS7308 Structures of iron and steel 1 HS9403 Other furniture and parts thereof 21 HS8502 Electric generating sets 0.6 HS8703 Motor cars for transport of persons 16 HS9007 Cinematographic cameras, projectors 0.5 HS3004 Medicaments in measured doses 16 Share in economy's trade in non-agricultural products Value Million US$ 2020 2010-2020 2019 2020 Exports 16 na 31 -30 Imports 551 -1 6 -30 Bermuda MERCHANDISE TRADE

Merchandise exports, f.o.b. -2 -42 9 Merchandise imports, c.i.f. Annual percentage change 2010-2021 2020 2021 1 -22 22 Share in world total imports (%) By main commodity group, % (2020) Share in world total exports (%) By main commodity group, % (2020) By main destination, % (2020) By main origin, % (2020) Annual percentage change Annual percentage change 0% 20% 40% 60% 80% HS9209 HS8705 HS7308 HS8502 HS9007 Exports 0% 5% 10% HS2710 HS4907 HS9403 HS8703 HS3004 Imports 0% 5% 10% HS1905 HS2204 HS2202 HS1602 HS2208 Imports 0% 50% 100% HS2208 HS2402 HS2204 HS1905 HS2202 Exports Agricultural products: 28.9 Fuels and mining products: 0.1 Manufactures: 70.5 Other: 0.4 Agricultural products: 28.2 Fuels and mining products: 7.2 Manufactures: 60.3 Other: 4.3 United States of America: 94.2 European Union: 3.1 United Kingdom: 1.5 Canada: 0.6 Switzerland: 0.3 Other: 0.3 United States of America: 69.9 Canada: 7.9 European Union: 5.2 United Kingdom: 5 China: 3 Other: 8.9

44 World Trade Organization – Trade Profiles 2022

Value Million US$ 2021 1 013 832 2021 2021 0.02 0.02 Breakdown in economy's total exports Breakdown in economy's total imports Value FATS sales 2021 Inward (million US$) na Outward (million US$) na Value Million US$ 2021 Exports 32 Imports 176 Exports Value Imports Value Share (%) By sea (2021) 14 By sea (2021) 150 85.2 By air (2021) 11 By air (2021) 26 14.6 By other (2021) 1 By other na na Value Million US$ 2021 Exports 126 Imports 198 Million US$ Value 2021 Other commercial services Exports 855 Imports 452 2020 Goods-related services Exports 1 Imports 6 Residents Total Residents Total Residents Total na na na na na na na na na Non-residents Non-residents Non-residents Other Commercial Services and Goods-related Services 2020 -4 3 Annual percentage change 2010-2021 2021 2010-2020 2019 2020 -40 -3 0 Exports of OCS by main item (2021) Patent applications Trademark applications Industrial design applications Transport Annual percentage change 2010-2021 2020 2021 -1 -31 -11 -4 -84 35 -27 3 INDUSTRIAL PROPERTY 5 0 3 2 -21 1 By main services item, % (2021) By main destination Share in world total exports (%) Share in world total imports (%) Annual percentage change -37 6 -2 2010-2021 2020 4 Commercial services exports Commercial services imports -3 2021

Share (%) 45.5 34.6 3.2 na na -26 na na na 2010-2021 2020 2021 Annual percentage change By main services item, % (2021) By main origin Travel exports (Index 2010=100) na 5 2020 Travel 2021 2010-2021 Transport exports (Index 2010=100) -20 -4 -35 13 Annual percentage change 0 100 200 2010 2014 2018 2021 Bermuda World 0 100 200 2010 2014 2018 2021 Bermuda World Transport: 3.1 Travel: 12.4 Other commercial services: 84.4 Goods-related services: 0.1 Transport: 21.1 Travel: 23.8 Other commercial services: 54.3 Goods-related services: 0.7 58.9 24.6 10.0 6.5 Other business services Financial services Insurance & pension Other Bermuda 45 World Trade Organization – Trade Profiles 2022