About

Exports In 2022, Bermuda exported $1.53M in Excavation Machinery, making it the 118th largest exporter of Excavation Machinery in the world. At the same year, Excavation Machinery was the 9th most exported product in Bermuda. The main destination of Excavation Machinery exports from Bermuda are: Tanzania ($1.5M), Canada ($9.84k), United States ($9.55k), Kenya ($1.46k), and Angola ($1.29k).

The fastest growing export markets for Excavation Machinery of Bermuda between 2021 and 2022 were Canada ($9.48k), Kenya ($1.46k), and Angola ($1.29k).

Imports In 2022, Bermuda imported $1.25M in Excavation Machinery, becoming the 188th largest importer of Excavation Machinery in the world. At the same year, Excavation Machinery was the 145th most imported product in Bermuda. Bermuda imports Excavation Machinery primarily from: United States ($669k), United Kingdom ($254k), Norway ($91.9k), France ($88.8k), and Germany ($47.6k).

The fastest growing import markets in Excavation Machinery for Bermuda between 2021 and 2022 were United Kingdom ($126k), Norway ($91.9k), and France ($86.5k).

COMPANIES In 2023, leading companies such as Celebrity Cruises (3) were at the forefront of shipping Excavation Machinery from Bermuda to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

View
Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Excavation Machinery. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.53M
IMPORTS (2022)$1.25M
NET TRADE (2022)$278k

In 2022, Bermuda exported $1.53M in Excavation Machinery. The main destinations of Bermuda exports on Excavation Machinery were Tanzania ($1.5M), Canada ($9.84k), United States ($9.55k), Kenya ($1.46k), and Angola ($1.29k).

In 2022, Bermuda imported $1.25M in Excavation Machinery, mainly from United States ($669k), United Kingdom ($254k), Norway ($91.9k), France ($88.8k), and Germany ($47.6k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Excavation Machinery EXPORT MARKETS FOR Bermuda WERE (2021 - 2022):
Canada$9.48k (2.63k%)
Kenya$1.46k (1%)
Angola$1.29k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Excavation Machinery BY Bermuda WERE (2021 - 2022):
Tanzania-$1.38M (-47.9%)
United States-$15.6k (-62.1%)
Italy-$14k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Bermuda's main exporting competitors in Excavation Machinery were:
In 2022, Bermuda's main importing competitors in Excavation Machinery were:

Explore Visualizations

Trade Value of Excavation Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

Excavation Machinery’s highest export potential is N/A. With an export gap of N/A.   Excavation Machinery’s highest import potential is N/A with an import gap of N/A.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with