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International Trade Statistics Yearbook 2014, Volume I

Trade by Country

image of International Trade Statistics Yearbook 2014, Volume I

The 2014 International Trade Statistics Yearbook (2014 ITSY) is the sixty-third edition of this yearbook. Its objective is to inform about the detailed merchandise and services imports and exports of individual countries (areas) by commodity and service category and by partner country (volume I), the world trade in individual commodities (3-digit SITC groups) (volume II) and total world merchandise trade - up to the year 2014.

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Bermuda

In 2014, the value of merchandise exports of Bermuda decreased substantially by 44.9 percent to reach 12.0 mln US$, while its merchandise imports decreased slightly by 3.4 percent to reach 961.1 mln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a large deficit of 949.1 mln US$ (see graph 1). The largest merchandise trade balance was with MDG Developed North America at -805.0 mln US$ (see graph 4). Merchandise exports in Bermuda were highly concentrated amongst partners; imports were also highly concentrated. The top 2 partners accounted for 80 percent or more of exports and 2 partners accounted for 80 percent or more of imports (see graph 5). In 2013, the value of exports of services of Bermuda decreased slightly by 0.7 percent, reaching 1.4 bln US$, while its imports of services increased slightly by 0.2 percent and reached 898.3 mln US$ (see graph 2). There was a moderate trade in services surplus of 472.3 mln US$.

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