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Bermuda

Bermudian Trade Stats

Definitions

  • Balance of payments > Net primary income > BoP, current US$ per million: Net primary income (BoP, current US$). Net primary income refers to receipts and payments of employee compensation paid to nonresident workers and investment income (receipts and payments on direct investment, portfolio investment, other investments, and receipts on reserve assets). Data are in current U.S. dollars. Figures expressed per million population for the same year.
  • Exports: The total US dollar amount of exports on an f.o.b. (free on board) basis.
  • Exports > Exports of goods and services: GDP by Type of Expenditure at current prices - US dollars.
  • Exports > Exports of goods, services and primary income > BoP, current US$: Exports of goods, services and primary income (BoP, current US$). Exports of goods, services and primary income is the sum of goods exports, service exports and primary income receipts. Data are in current U.S. dollars.
  • Exports > Per $ GDP: The total US dollar amount of exports on an f.o.b. (free on board) basis. Per $ GDP figures expressed per 1 $ gross domestic product.
  • Exports > Per capita: The total US dollar amount of exports on an f.o.b. (free on board) basis. Per capita figures expressed per 1 population.
  • Exports per capita: The total US dollar amount of exports on an f.o.b. (free on board) basis. Figures expressed per capita for the same year.
  • Exports to US: in US dollars. Jan 2003 - March 2003
  • Imports: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
  • Imports > Imports of goods and services: GDP by Type of Expenditure at current prices - US dollars.
  • Imports from US: In US dollars. Jan 2003 - March 2003
  • Imports from US per capita: In US dollars. Jan 2003 - March 2003. Figures expressed per capita for the same year.
  • Imports per capita: This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Figures expressed per capita for the same year.
  • Tariffs > Tariff rate > Applied > Simple mean > All products: Simple mean applied tariff is the unweighted average of effectively applied rates for all products subject to tariffs calculated for all traded goods. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of simple mean tariffs."
  • Tariffs > Tariff rate > Applied > Weighted mean > All products: Weighted mean applied tariff is the average of effectively applied rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. To the extent possible, specific rates have been converted to their ad valorem equivalent rates and have been included in the calculation of weighted mean tariffs. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. When the effectively applied rate is unavailable, the most favored nation rate is used instead."
STAT AMOUNT DATE RANK HISTORY
Balance of payments > Net primary income > BoP, current US$ per million $21.28 billion 2012 1st out of 149
Exports $763.00 million 2006 144th out of 185
Exports > Exports of goods and services 2.31 billion 2012 140th out of 203
Exports > Exports of goods, services and primary income > BoP, current US$ $3.13 billion 2012 119th out of 150
Exports > Per $ GDP $0.39 per $1 of GDP 2002 49th out of 172
Exports > Per capita $11,959.25 per capita 2006 23th out of 185
Exports per capita $11,825.24 2006 21st out of 179
Exports to US $3.40 million 2003 151st out of 224
Imports $1.16 billion 2006 149th out of 184
Imports > Imports of goods and services 3.08 billion 2012 141st out of 203
Imports from US $83.60 million 2003 74th out of 224
Imports from US per capita $1,320.17 2003 2nd out of 194
Imports per capita $18,009.08 2006 8th out of 179
Tariffs > Tariff rate > Applied > Simple mean > All products 18.08% 2008 6th out of 127
Tariffs > Tariff rate > Applied > Weighted mean > All products 29.54% 2008 1st out of 127

SOURCES: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank World Development Indicators. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; CIA World Factbooks 18 December 2003 to 28 March 2011; United Nations Statistics Division. Source tables; International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank World Development Indicators.; CIA World Factbooks 18 December 2003 to 28 March 2011. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; US Census Bureau; United Nations Statistics Division. Source tables; US Census Bureau. Population figures from World Bank: (1) United Nations Population Division. World Population Prospects, (2) United Nations Statistical Division. Population and Vital Statistics Report (various years), (3) Census reports and other statistical publications from national statistical offices, (4) Eurostat: Demographic Statistics, (5) Secretariat of the Pacific Community: Statistics and Demography Programme, and (6) U.S. Census Bureau: International Database.; World Bank staff estimates using the World Integrated Trade Solution system, based on data from United Nations Conference on Trade and Development's Trade Analysis and Information System (TRAINS) database.; World Bank staff estimates using the World Integrated Trade Solution system, based on tariff data from the United Nations Conference on Trade and Development's Trade and Development's Trade Analysis and Information System (TRAINS) database and global imports data from the United Nations Statistics Division's Comtrade database.

Citation

"Bermuda Trade Stats", NationMaster. Retrieved from http://www.nationmaster.com/country-info/profiles/Bermuda/Economy/Trade

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Bermuda Economy > Trade Profiles (Subcategories)

Balance of payments 47 Tariffs 18
Exports 33 With US 306
Imports 15