Bermuda: Trade balance, in dollars

* indicates monthly or quarterly data series
 Bermuda

Trade balance, billion USD

 Latest value -0.79
 Year 2021
 Measure billion U.S. dollars
 Data availability 2006 - 2021
 Average -0.59
 Min - Max -0.79 - -0.33
 Source The World Bank
The latest value from 2021 is -0.79 billion U.S. dollars, a decline from -0.7 billion U.S. dollars in 2020. In comparison, the world average is 4.97 billion U.S. dollars, based on data from 170 countries. Historically, the average for Bermuda from 2006 to 2021 is -0.59 billion U.S. dollars. The minimum value, -0.79 billion U.S. dollars, was reached in 2021 while the maximum of -0.33 billion U.S. dollars was recorded in 2011. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Bermuda - Trade balance, in dollars - Recent values chart

Historical series
Bermuda - Trade balance, in dollars - historical chart - 2006-2021




Definition: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.

Selected articles from our guide:

What factors determine the exchange rates

International lending and sovereign debt

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 Related indicators Latest Reference Measure
 Terms of trade 156.81 2021 percent
 Trade openness 75.51 2022 percent
 Exports, percent of GDP 50.46 2022 percent
 Exports, billion dollars 3.95 2022 billion U.S. dollars
 Growth of exports 9.82 2022 percent
 Imports, percent of GDP 25.05 2022 percent
 Imports, billion dollars 1.96 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 0.13 2022 percent
 Foreign Direct Investment, billion dollars -0.03 2022 billion U.S. dollars
 Portfolio investment inflows, equities 1.29 2021 million dollars (current)
 Current account, in dollars 0.96 2021 billion U.S. dollars
 Trade balance, percent of GDP 25.42 2022 percent
 Trade balance, in dollars -0.79 2021 billion U.S. dollars
 Remittances, percent of GDP 22.99 2022 percent
 Remittances 1,800.00 2023 million U.S. dollars
 Net errors and omissions -93.08 2021 million USD
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