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Exports In 2022, Bermuda exported $5.9M in Recreational Boats, making it the 60th largest exporter of Recreational Boats in the world. At the same year, Recreational Boats was the 2nd most exported product in Bermuda. The main destination of Recreational Boats exports from Bermuda are: France ($5.85M) and Portugal ($51.6k).

The fastest growing export markets for Recreational Boats of Bermuda between 2021 and 2022 were France ($5.84M) and Portugal ($51.6k).

Imports In 2022, Bermuda imported $18M in Recreational Boats, becoming the 71st largest importer of Recreational Boats in the world. At the same year, Recreational Boats was the 7th most imported product in Bermuda. Bermuda imports Recreational Boats primarily from: France ($11.2M), United States ($5.92M), Finland ($231k), Poland ($223k), and Canada ($181k).

The fastest growing import markets in Recreational Boats for Bermuda between 2021 and 2022 were France ($11.2M), United States ($630k), and Finland ($198k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Recreational Boats. Countries are shown based on data availability.

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.9M
IMPORTS (2022)$18M
NET TRADE (2022)-$12.1M

In 2022, Bermuda exported $5.9M in Recreational Boats. The main destinations of Bermuda exports on Recreational Boats were France ($5.85M) and Portugal ($51.6k).

In 2022, Bermuda imported $18M in Recreational Boats, mainly from France ($11.2M), United States ($5.92M), Finland ($231k), Poland ($223k), and Canada ($181k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Recreational Boats EXPORT MARKETS FOR Bermuda WERE (2021 - 2022):
France$5.84M (72.2k%)
Portugal$51.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Recreational Boats BY Bermuda WERE (2021 - 2022):
Netherlands-$101M (-100%)
Italy-$23.7k (-100%)
Spain-$225 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Bermuda's main exporting competitors in Recreational Boats were:
In 2022, Bermuda's main importing competitors in Recreational Boats were:

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Trade Value of Recreational Boats by Exporters

Potential Exports

Potential Exports

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

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