Merchandise imports by the reporting economy in Bermuda
Bermuda: Merchandise imports by the reporting economy was 1.43 billion current US$ in 2023. ◆ Volatile
Latest (2023)
1.43 billion current US$
Change on year
up 15.8%
World rank
174th
of 206 countries
All-time high
3.24 billion current US$
in 2003
All-time low
50.80 million current US$
in 1963
Years of data
61
1961–2023
Merchandise imports by the reporting economy in Bermuda, 1961–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for merchandise imports by the reporting economy in Bermuda is 1.43 billion current US$, measured in 2023.
Compared with earlier readings it is up 15.8% on the previous year and up 42.3% over ten years.
Over the whole period, merchandise imports by the reporting economy in Bermuda peaked at 3.24 billion current US$ in 2003 and was at its lowest, 50.80 million current US$, in 1963.
Bermuda ranks 174th of 206 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports by the reporting economy in Bermuda, year by year
| Year | current US$ | Change |
|---|---|---|
| 1961 | 56.80 million current US$ | — |
| 1962 | 52.60 million current US$ | -7.4% |
| 1963 | 50.80 million current US$ | -3.4% |
| 1964 | 54.00 million current US$ | +6.3% |
| 1965 | 55.00 million current US$ | +1.9% |
| 1966 | 62.60 million current US$ | +13.8% |
| 1967 | 64.30 million current US$ | +2.7% |
| 1968 | 68.30 million current US$ | +6.2% |
| 1971 | 116.07 million current US$ | +69.9% |
| 1972 | 117.02 million current US$ | +0.8% |
| 1973 | 129.85 million current US$ | +11.0% |
| 1974 | 150.27 million current US$ | +15.7% |
| 1975 | 168.21 million current US$ | +11.9% |
| 1976 | 161.29 million current US$ | -4.1% |
| 1977 | 181.37 million current US$ | +12.5% |
| 1978 | 210.81 million current US$ | +16.2% |
| 1979 | 214.13 million current US$ | +1.6% |
| 1980 | 282.71 million current US$ | +32.0% |
| 1981 | 308.09 million current US$ | +9.0% |
| 1982 | 344.58 million current US$ | +11.8% |
| 1983 | 364.20 million current US$ | +5.7% |
| 1984 | 410.69 million current US$ | +12.8% |
| 1985 | 482.56 million current US$ | +17.5% |
| 1986 | 443.34 million current US$ | -8.1% |
| 1987 | 610.14 million current US$ | +37.6% |
| 1988 | 534.11 million current US$ | -12.5% |
| 1989 | 585.95 million current US$ | +9.7% |
| 1990 | 586.04 million current US$ | +0.0% |
| 1991 | 508.26 million current US$ | -13.3% |
| 1992 | 559.01 million current US$ | +10.0% |
| 1993 | 587.63 million current US$ | +5.1% |
| 1994 | 905.66 million current US$ | +54.1% |
| 1995 | 686.36 million current US$ | -24.2% |
| 1996 | 634.71 million current US$ | -7.5% |
| 1997 | 1.31 billion current US$ | +105.8% |
| 1998 | 1.36 billion current US$ | +3.9% |
| 1999 | 3.22 billion current US$ | +137.2% |
| 2000 | 2.72 billion current US$ | -15.5% |
| 2001 | 2.40 billion current US$ | -11.7% |
| 2002 | 3.07 billion current US$ | +27.8% |
| 2003 | 3.24 billion current US$ | +5.4% |
| 2004 | 1.46 billion current US$ | -55.0% |
| 2005 | 975.77 million current US$ | -33.0% |
| 2006 | 1.12 billion current US$ | +14.6% |
| 2007 | 1.49 billion current US$ | +32.9% |
| 2008 | 1.95 billion current US$ | +31.1% |
| 2009 | 1.43 billion current US$ | -26.4% |
| 2010 | 1.42 billion current US$ | -0.8% |
| 2011 | 1.40 billion current US$ | -1.8% |
| 2012 | 1.22 billion current US$ | -12.7% |
| 2013 | 1.00 billion current US$ | -17.6% |
| 2014 | 1.27 billion current US$ | +26.3% |
| 2015 | 1.21 billion current US$ | -4.5% |
| 2016 | 1.43 billion current US$ | +17.6% |
| 2017 | 1.17 billion current US$ | -17.6% |
| 2018 | 1.03 billion current US$ | -12.4% |
| 2019 | 954.92 million current US$ | -7.2% |
| 2020 | 1.32 billion current US$ | +38.1% |
| 2021 | 1.27 billion current US$ | -3.8% |
| 2022 | 1.23 billion current US$ | -2.7% |
| 2023 | 1.43 billion current US$ | +15.8% |
Bermuda compared with similar countries
- Bermuda's 1.43 billion current US$ is below the median for high income countries, which is 45.81 billion current US$, 3% of the median. (74 countries reporting)
Biggest year-on-year movements
Years where Merchandise imports by the reporting economy in Bermuda changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +137.2% | 1.36 billion current US$ | 3.22 billion current US$ |
| 1997 | +105.8% | 634.71 million current US$ | 1.31 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 58.05 million current US$ | 50.80 million current US$ | 68.30 million current US$ | 8 |
| 1970s | 161.00 million current US$ | 116.07 million current US$ | 214.13 million current US$ | 9 |
| 1980s | 436.64 million current US$ | 282.71 million current US$ | 610.14 million current US$ | 10 |
| 1990s | 1.04 billion current US$ | 508.26 million current US$ | 3.22 billion current US$ | 10 |
| 2000s | 1.99 billion current US$ | 975.77 million current US$ | 3.24 billion current US$ | 10 |
| 2010s | 1.21 billion current US$ | 954.92 million current US$ | 1.43 billion current US$ | 10 |
| 2020s | 1.31 billion current US$ | 1.23 billion current US$ | 1.43 billion current US$ | 4 |
Countries ranked near Bermuda
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$), annual growth rate -36.76 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports by the reporting economy in Bermuda?
- Merchandise imports by the reporting economy in Bermuda was 1.43 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports by the reporting economy recorded in Bermuda?
- The highest recorded value was 3.24 billion current US$ in 2003.
- What is the lowest merchandise imports by the reporting economy recorded in Bermuda?
- The lowest recorded value was 50.80 million current US$ in 1963.
- How does Bermuda rank for merchandise imports by the reporting economy?
- Bermuda ranks 174th out of 206 countries with data for 2023.
- Is merchandise imports by the reporting economy rising or falling in Bermuda?
- Over the last ten years it is up 42.3%. 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 imports by the reporting economy (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 61 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise imports by the reporting economy 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. Data are in current U.S. dollars.