Merchandise exports by the reporting economy (current US$) in Bermuda
Bermuda: Merchandise exports by the reporting economy (current US$) was 31.80 million current US$ in 2023. ◆ Volatile
Latest (2023)
31.80 million current US$
Change on year
down 53.2%
World rank
198th
of 206 countries
All-time high
1.30 billion current US$
in 2005
All-time low
10.33 million current US$
in 2016
Years of data
60
1961–2023
Merchandise exports by the reporting economy in Bermuda, 1961–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
Bermuda recorded 31.80 million current US$ for merchandise exports by the reporting economy in 2023.
That represents a change of down 53.2% on the previous year and up 17.2% over ten years.
Over the whole period, merchandise exports by the reporting economy in Bermuda peaked at 1.30 billion current US$ in 2005 and was at its lowest, 10.33 million current US$, in 2016.
That places Bermuda 198th out of 206 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports by the reporting economy (current US$) in Bermuda, year by year
| Year | current US$ | Change |
|---|---|---|
| 1961 | 18.10 million current US$ | — |
| 1962 | 18.30 million current US$ | +1.1% |
| 1963 | 32.80 million current US$ | +79.2% |
| 1964 | 31.70 million current US$ | -3.4% |
| 1965 | 49.70 million current US$ | +56.8% |
| 1966 | 48.70 million current US$ | -2.0% |
| 1967 | 54.40 million current US$ | +11.7% |
| 1971 | 83.95 million current US$ | +54.3% |
| 1972 | 31.66 million current US$ | -62.3% |
| 1973 | 23.89 million current US$ | -24.5% |
| 1974 | 22.42 million current US$ | -6.2% |
| 1975 | 24.78 million current US$ | +10.5% |
| 1976 | 29.82 million current US$ | +20.3% |
| 1977 | 28.53 million current US$ | -4.3% |
| 1978 | 24.14 million current US$ | -15.4% |
| 1979 | 13.57 million current US$ | -43.8% |
| 1980 | 19.86 million current US$ | +46.3% |
| 1981 | 17.18 million current US$ | -13.5% |
| 1982 | 16.51 million current US$ | -3.9% |
| 1983 | 21.90 million current US$ | +32.7% |
| 1984 | 39.59 million current US$ | +80.8% |
| 1985 | 21.83 million current US$ | -44.9% |
| 1986 | 70.98 million current US$ | +225.2% |
| 1987 | 413.32 million current US$ | +482.3% |
| 1988 | 29.96 million current US$ | -92.8% |
| 1989 | 49.54 million current US$ | +65.4% |
| 1990 | 59.27 million current US$ | +19.6% |
| 1991 | 47.84 million current US$ | -19.3% |
| 1992 | 84.05 million current US$ | +75.7% |
| 1993 | 316.64 million current US$ | +276.7% |
| 1994 | 65.01 million current US$ | -79.5% |
| 1995 | 35.23 million current US$ | -45.8% |
| 1996 | 278.14 million current US$ | +689.6% |
| 1997 | 275.32 million current US$ | -1.0% |
| 1998 | 138.30 million current US$ | -49.8% |
| 1999 | 746.26 million current US$ | +439.6% |
| 2000 | 692.63 million current US$ | -7.2% |
| 2001 | 1.20 billion current US$ | +72.9% |
| 2002 | 780.83 million current US$ | -34.8% |
| 2003 | 1.19 billion current US$ | +52.0% |
| 2004 | 1.25 billion current US$ | +5.2% |
| 2005 | 1.30 billion current US$ | +3.9% |
| 2006 | 39.87 million current US$ | -96.9% |
| 2007 | 51.80 million current US$ | +29.9% |
| 2008 | 1.09 billion current US$ | +1996.9% |
| 2009 | 30.15 million current US$ | -97.2% |
| 2010 | 127.88 million current US$ | +324.2% |
| 2011 | 31.27 million current US$ | -75.5% |
| 2012 | 13.53 million current US$ | -56.7% |
| 2013 | 27.13 million current US$ | +100.5% |
| 2014 | 29.00 million current US$ | +6.9% |
| 2015 | 314.61 million current US$ | +984.9% |
| 2016 | 10.33 million current US$ | -96.7% |
| 2017 | 72.70 million current US$ | +603.5% |
| 2018 | 145.78 million current US$ | +100.5% |
| 2019 | 56.13 million current US$ | -61.5% |
| 2020 | 40.65 million current US$ | -27.6% |
| 2021 | 47.41 million current US$ | +16.6% |
| 2022 | 67.88 million current US$ | +43.2% |
| 2023 | 31.80 million current US$ | -53.2% |
Bermuda compared with similar countries
- Bermuda's 31.80 million current US$ is below the median for high income countries, which is 42.11 billion current US$, 0% of the median. (74 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports by the reporting economy (current US$) in Bermuda changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +1996.9% | 51.80 million current US$ | 1.09 billion current US$ |
| 2015 | +984.9% | 29.00 million current US$ | 314.61 million current US$ |
| 1996 | +689.6% | 35.23 million current US$ | 278.14 million current US$ |
| 2017 | +603.5% | 10.33 million current US$ | 72.70 million current US$ |
| 1987 | +482.3% | 70.98 million current US$ | 413.32 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 36.24 million current US$ | 18.10 million current US$ | 54.40 million current US$ | 7 |
| 1970s | 31.42 million current US$ | 13.57 million current US$ | 83.95 million current US$ | 9 |
| 1980s | 70.07 million current US$ | 16.51 million current US$ | 413.32 million current US$ | 10 |
| 1990s | 204.61 million current US$ | 35.23 million current US$ | 746.26 million current US$ | 10 |
| 2000s | 761.29 million current US$ | 30.15 million current US$ | 1.30 billion current US$ | 10 |
| 2010s | 82.83 million current US$ | 10.33 million current US$ | 314.61 million current US$ | 10 |
| 2020s | 46.93 million current US$ | 31.80 million current US$ | 67.88 million current US$ | 4 |
Countries ranked near Bermuda
- 195 Saint Vincent and the Grenadines 52.11 million current US$ compare
- 196 Comoros 48.76 million current US$ compare
- 197 Samoa 32.87 million current US$ compare
- 199 Grenada 21.98 million current US$ compare
- 200 American Samoa 17.41 million current US$ compare
- 201 Sao Tome and Principe 16.34 million current US$ compare
More private sector data for Bermuda
- Merchandise trade 14.6% (2024)
- Food imports 21.5% (2024)
- Manufactures imports 54.6% (2024)
- Merchandise imports 1.25 billion current US$ (2025)
- Food exports 1.8% (2024)
- Manufactures exports 59.9% (2024)
- Merchandise exports 43.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 666.1 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0074 current US$ per US$ of GDP (2024)
- Merchandise exports (current US$), annual growth rate -36.76 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy in Bermuda?
- Merchandise exports by the reporting economy in Bermuda was 31.80 million current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports by the reporting economy recorded in Bermuda?
- The highest recorded value was 1.30 billion current US$ in 2005.
- What is the lowest merchandise exports by the reporting economy recorded in Bermuda?
- The lowest recorded value was 10.33 million current US$ in 2016.
- How does Bermuda rank for merchandise exports by the reporting economy?
- Bermuda ranks 198th out of 206 countries with data for 2023.
- Is merchandise exports by the reporting economy rising or falling in Bermuda?
- Over the last ten years it is up 17.2%. The long-run trend across the full record is volatile.
- Where does this Bermuda data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.