Bermuda vs Latin America & Caribbean (excluding high income): Merchandise imports by the reporting economy, residual

Bermuda
2.1%
in 2023
Latin America & Caribbean (excluding high income)
0.1%
in 2023
Bermuda rank
5th
Latin America & Caribbean (excluding high income) rank
3rd

Merchandise imports by the reporting economy, residual over time

  • Bermuda
  • Latin America & Caribbean (excluding high income)
0246196019912023

How they compare

Bermuda currently reports 2.1% against 0.1% in Latin America & Caribbean (excluding high income), a difference of 2.0%.

That makes Bermuda's figure about 23.7 times Latin America & Caribbean (excluding high income)'s.

The two have swapped places 10 times across 61 shared years of data; in 1961 it was Bermuda ahead.

Bermuda ranks 5th and Latin America & Caribbean (excluding high income) ranks 3rd of 206 countries.

Across the 7 decades both report, Bermuda averaged higher in 4 and Latin America & Caribbean (excluding high income) in 3.

Head to head by decade

Decade Bermuda Latin America & Caribbean (excluding high income) Difference Ahead
1960s 2.1% 2.3% 0.1% Latin America & Caribbean (excluding high income)
1970s 1.8% 1.9% 0.1% Latin America & Caribbean (excluding high income)
1980s 0.9% 2.6% 1.8% Latin America & Caribbean (excluding high income)
1990s 1.9% 1.8% 0.1% Bermuda
2000s 2.3% 1.4% 0.8% Bermuda
2010s 4.8% 0.6% 4.3% Bermuda
2020s 3.2% 0.1% 3.0% Bermuda

Averages of every year both report within each decade.

Frequently asked questions

Which has higher merchandise imports by the reporting economy, residual, Bermuda or Latin America & Caribbean (excluding high income)?
Bermuda, at 2.1% against 0.1% in Latin America & Caribbean (excluding high income) as of 2023.
What is the difference in merchandise imports by the reporting economy, residual between Bermuda and Latin America & Caribbean (excluding high income)?
2.0%, with Bermuda ahead.
How many years of comparable data are there for Bermuda and Latin America & Caribbean (excluding high income)?
61 years are reported by both, from 1961 to 2023.
How do Bermuda and Latin America & Caribbean (excluding high income) rank globally for merchandise imports by the reporting economy, residual?
Bermuda ranks 5th and Latin America & Caribbean (excluding high income) ranks 3rd of 206 countries.
Where does this data come from?
Staff estimates, World Bank (WB), published as Merchandise imports by the reporting economy, residual (% of total merchandise imports). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Bermuda vs Latin America & Caribbean (excluding high income): Merchandise imports by the reporting economy, residual. Statizoid, drawing on Staff estimates, World Bank (WB). Retrieved 19 September 2026, from https://private-sector.statizoid.com/compare/merchandise-imports-by-the-reporting-economy-residual-percent-of-total-merchandise-imports/bermuda/latin-america-and-caribbean-excluding-high-income/

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About this data

Indicator
Merchandise imports by the reporting economy, residual (% of total merchandise imports)
Unit
% of total merchandise imports
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
253 places, 13,515 data points, 1960–2023
Last refreshed

Merchandise imports by the reporting economy residuals are the total merchandise imports by the reporting economy from the rest of the world as reported in the IMF's Direction of trade database, less the sum of imports by the reporting economy from high-, low-, and middle-income economies according to the World Bank classification of economies. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise imports by the economy.