Merchandise imports from low- and middle-income economies outside in Bermuda
Bermuda: Merchandise imports from low- and middle-income economies outside was 1.3% in 2023. ◆ Volatile
Merchandise imports from low- and middle-income economies outside in Bermuda, 1961–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
The most recent figure for merchandise imports from low- and middle-income economies outside in Bermuda is 1.3%, measured in 2023.
The figure is down 84.0% on the previous year and down 21.9% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies outside in Bermuda peaked at 77.7% in 2003 and was at its lowest, 0.3%, in 1968.
That places Bermuda 194th 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 imports from low- and middle-income economies outside in Bermuda, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1961 | 3.5% | — |
| 1962 | 1.1% | -67.6% |
| 1963 | 0.6% | -48.2% |
| 1964 | 0.7% | +25.4% |
| 1965 | 0.4% | -50.9% |
| 1966 | 0.5% | +31.8% |
| 1967 | 0.3% | -35.1% |
| 1968 | 0.3% | -5.9% |
| 1971 | 1.6% | +437.5% |
| 1972 | 1.6% | +3.6% |
| 1973 | 1.4% | -13.6% |
| 1974 | 1.2% | -15.1% |
| 1975 | 1.4% | +18.1% |
| 1976 | 1.0% | -28.8% |
| 1977 | 1.4% | +35.1% |
| 1978 | 1.0% | -23.5% |
| 1979 | 1.2% | +12.7% |
| 1980 | 1.2% | +0.2% |
| 1981 | 1.2% | +1.1% |
| 1982 | 2.7% | +123.7% |
| 1983 | 1.1% | -56.7% |
| 1984 | 1.0% | -10.5% |
| 1985 | 1.7% | +67.8% |
| 1986 | 1.0% | -40.4% |
| 1987 | 1.1% | +9.0% |
| 1988 | 1.0% | -7.9% |
| 1989 | 0.9% | -8.3% |
| 1990 | 1.5% | +59.5% |
| 1991 | 1.0% | -32.0% |
| 1992 | 0.9% | -9.8% |
| 1993 | 1.2% | +27.0% |
| 1994 | 4.7% | +302.4% |
| 1995 | 1.1% | -77.1% |
| 1996 | 1.1% | -2.8% |
| 1997 | 10.5% | +893.2% |
| 1998 | 15.7% | +49.9% |
| 1999 | 33.0% | +110.1% |
| 2000 | 51.0% | +54.7% |
| 2001 | 59.6% | +16.9% |
| 2002 | 74.4% | +24.7% |
| 2003 | 77.7% | +4.5% |
| 2004 | 0.6% | -99.3% |
| 2005 | 1.2% | +113.3% |
| 2006 | 1.9% | +60.8% |
| 2007 | 13.0% | +584.8% |
| 2008 | 4.0% | -68.9% |
| 2009 | 1.1% | -71.6% |
| 2010 | 1.7% | +45.9% |
| 2011 | 7.9% | +372.4% |
| 2012 | 2.2% | -72.8% |
| 2013 | 1.7% | -21.3% |
| 2014 | 7.4% | +334.4% |
| 2015 | 2.6% | -65.1% |
| 2016 | 8.1% | +214.7% |
| 2017 | 2.3% | -72.0% |
| 2018 | 2.5% | +9.3% |
| 2019 | 2.1% | -13.1% |
| 2020 | 1.8% | -17.2% |
| 2021 | 1.5% | -16.0% |
| 2022 | 8.3% | +451.8% |
| 2023 | 1.3% | -84.0% |
Bermuda compared with similar countries
- Bermuda's 1.3% is below the median for high income countries, which is 11.2%, 12% of the median. (74 countries reporting)
Biggest year-on-year movements
Years where Merchandise imports from low- and middle-income economies outside 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 |
|---|---|---|---|
| 1997 | +893.2% | 1.1% | 10.5% |
| 2007 | +584.8% | 1.9% | 13.0% |
| 2022 | +451.8% | 1.5% | 8.3% |
| 1971 | +437.5% | 0.3% | 1.6% |
| 2011 | +372.4% | 1.7% | 7.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.9% | 0.3% | 3.5% | 8 |
| 1970s | 1.3% | 1.0% | 1.6% | 9 |
| 1980s | 1.3% | 0.9% | 2.7% | 10 |
| 1990s | 7.1% | 0.9% | 33.0% | 10 |
| 2000s | 28.4% | 0.6% | 77.7% | 10 |
| 2010s | 3.8% | 1.7% | 8.1% | 10 |
| 2020s | 3.2% | 1.3% | 8.3% | 4 |
Countries ranked near Bermuda
- 191 Greenland 1.6% compare
- 192 American Samoa 1.6% compare
- 193 Cambodia 1.4% compare
- 195 Brunei Darussalam 1.3% compare
- 196 Vanuatu 1.2% compare
- 197 Micronesia, Federated States of 1.1% 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 imports from low- and middle-income economies outside in Bermuda?
- Merchandise imports from low- and middle-income economies outside in Bermuda was 1.3% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies outside recorded in Bermuda?
- The highest recorded value was 77.7% in 2003.
- What is the lowest merchandise imports from low- and middle-income economies outside recorded in Bermuda?
- The lowest recorded value was 0.3% in 1968.
- How does Bermuda rank for merchandise imports from low- and middle-income economies outside?
- Bermuda ranks 194th out of 206 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies outside rising or falling in Bermuda?
- Over the last ten years it is down 21.9%. 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 from low- and middle-income economies outside region (% of total merchandise imports). Statizoid updates them automatically from the source API.
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About this data
Merchandise imports from low- and middle-income economies outside region are the sum of merchandise imports by the reporting economy from other low- and middle-income economies in other World Bank regions according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.