{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:15.004Z", "seo": { "title": "Bermuda exports to Brazil: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Bermuda to Brazil, the product routes that need a closer look, and the conditions that may affect planning." }, "publisher": { "name": "Yugalinks", "url": "https://www.yugalinks.com", "email": "support@yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks" }, "exporter": { "iso3": "BMU", "country_name": "Bermuda" }, "importer": { "iso3": "BRA", "country_name": "Brazil" }, "latestYear": 2024, "risk": { "exporter_iso3": "BMU", "importer_iso3": "BRA", "all_history_lane_count": 22, "current_lane_count": 3, "current_product_count": 3, "first_observed_last_year": 1995, "latest_data_year": 2024, "current_trade_usd": 558392.4954723315, "attention_trade_usd": 0, "critical_trade_usd": 0, "high_volatility_trade_usd": 371560.00945852726, "unrecovered_drawdown_trade_usd": 0, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 558392.4954723315, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 0, "high_volatility_lane_count": 1, "unrecovered_drawdown_lane_count": 0, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 3, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 0.7399523716413298, "trade_weighted_below_peak_pct": 6.835807829702486, "product_concentration_hhi": 5191.5135564211705, "top1_product_share_pct": 66.54101057433321, "top3_product_share_pct": 100, "top_product_hs6": "220860", "top_product_trade_usd": 371560.00945852726, "top_product_description": "Vodka", "top_attention_product_hs6": "", "top_attention_product_reason": "", "distance_km": 6507.205078125, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0.03999999910593033, "has_reported_fta": 0, "avg_applied_tariff_pct": 28.836599972525246, "avg_mfn_tariff_pct": 28.836599972525246, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null, "buyer_biz_entry_days": 16.6, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 1608981.220812, "buyer_gdp_pc_latest": 7519, "buyer_population_latest": 213993.439, "buyer_gdp_5y_cagr_pct": 3.134039194863969, "buyer_gdp_pc_5y_cagr_pct": 2.688169663595019, "buyer_population_5y_cagr_pct": 0.43419756407150345, "buyer_investment_5y_avg_pct": 19.334000000000003, "buyer_savings_5y_avg_pct": 16.486, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 0, "critical_trade_share_pct": 0, "risk_driver_labels": [ "high_volatility", "concentrated_product_mix", "concentrated_buyer_markets" ], "attention_level": "Stable", "primary_risk_reason": "Buyer-market concentration is the largest observed corridor exposure", "buyer_gdp_mn_2024": 1608981.220812, "buyer_gdp_pc_2024": 7519, "buyer_population_2024": 213993.439 }, "history": [ { "year": 1995, "exporter_iso3": "BMU", "importer_iso3": "BRA", "export_value_usd": 56328022.56565738, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "BMU", "importer_iso3": "BRA", "export_value_usd": 10853243.318893392, "yoy_growth_pct": -80.73207113521059, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "BMU", "importer_iso3": "BRA", "export_value_usd": 359122.6953667137, "yoy_growth_pct": -96.69110251364631, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "BMU", "importer_iso3": "BRA", "export_value_usd": 7097980.641449723, "yoy_growth_pct": 1876.4778815222774, "cagr_3y_pct": -49.86549071723913 }, { "year": 1999, "exporter_iso3": "BMU", "importer_iso3": "BRA", "export_value_usd": 726731.6918076857, "yoy_growth_pct": -89.76143034874134, "cagr_3y_pct": -59.392630868552 }, { "year": 2000, "exporter_iso3": "BMU", "importer_iso3": "BRA", "export_value_usd": 3933.7778259542492, "yoy_growth_pct": -99.45870286512904, "cagr_3y_pct": -77.7913415372044 }, { "year": 2001, "exporter_iso3": "BMU", "importer_iso3": "BRA", "export_value_usd": 746.7326314324902, "yoy_growth_pct": -81.01741723933408, "cagr_3y_pct": -95.27925973226827 }, { "year": 2002, "exporter_iso3": "BMU", "importer_iso3": "BRA", "export_value_usd": 1249091, "yoy_growth_pct": 167174.19526368007, "cagr_3y_pct": 19.78616467477834 }, { "year": 2003, "exporter_iso3": "BMU", "importer_iso3": "BRA", "export_value_usd": 497.7400158137433, "yoy_growth_pct": -99.96015182113923, "cagr_3y_pct": -49.796856712620695 }, { "year": 2004, "exporter_iso3": "BMU", "importer_iso3": "BRA", "export_value_usd": 5363.643264228898, "yoy_growth_pct": 977.5993679069595, "cagr_3y_pct": 92.94413651263176 }, { "year": 2005, "exporter_iso3": "BMU", "importer_iso3": "BRA", "export_value_usd": 3526032, "yoy_growth_pct": 65639.49508379391, "cagr_3y_pct": 41.32881690429948 }, { "year": 2006, "exporter_iso3": "BMU", "importer_iso3": "BRA", "export_value_usd": 68979202, "yoy_growth_pct": 1856.284060950099, "cagr_3y_pct": 5074.938618468188 }, { "year": 2007, "exporter_iso3": "BMU", "importer_iso3": "BRA", "export_value_usd": 18831265, "yoy_growth_pct": -72.70008284526111, "cagr_3y_pct": 1419.8703283590023 }, { "year": 2008, "exporter_iso3": "BMU", "importer_iso3": "BRA", "export_value_usd": 97840064.00000001, "yoy_growth_pct": 419.5618244446139, "cagr_3y_pct": 202.74489333664837 }, { "year": 2009, "exporter_iso3": "BMU", "importer_iso3": "BRA", "export_value_usd": 38902192.7686176, "yoy_growth_pct": -60.23899496977272, "cagr_3y_pct": -17.37997819943913 }, { "year": 2010, "exporter_iso3": "BMU", "importer_iso3": "BRA", "export_value_usd": 79059.09310739838, "yoy_growth_pct": -99.7967747124754, "cagr_3y_pct": -83.86790474366803 }, { "year": 2011, "exporter_iso3": "BMU", "importer_iso3": "BRA", "export_value_usd": 10957.408440784879, "yoy_growth_pct": -86.14023003539934, "cagr_3y_pct": -95.17981499406294 }, { "year": 2012, "exporter_iso3": "BMU", "importer_iso3": "BRA", "export_value_usd": 19767.891531372567, "yoy_growth_pct": 80.40663208093932, "cagr_3y_pct": -92.02013723413098 }, { "year": 2013, "exporter_iso3": "BMU", "importer_iso3": "BRA", "export_value_usd": 44072.99371110764, "yoy_growth_pct": 122.95242586272667, "cagr_3y_pct": -17.698659722139077 }, { "year": 2015, "exporter_iso3": "BMU", "importer_iso3": "BRA", "export_value_usd": 109531.14909371984, "yoy_growth_pct": 148.52214444900503, "cagr_3y_pct": 115.41532566522976 }, { "year": 2016, "exporter_iso3": "BMU", "importer_iso3": "BRA", "export_value_usd": 99.84385023151057, "yoy_growth_pct": -99.90884433235875, "cagr_3y_pct": -82.8425138524708 }, { "year": 2017, "exporter_iso3": "BMU", "importer_iso3": "BRA", "export_value_usd": 215081.92930085695, "yoy_growth_pct": 215318.3044845935, "cagr_3y_pct": 69.62002543484465 }, { "year": 2018, "exporter_iso3": "BMU", "importer_iso3": "BRA", "export_value_usd": 16910.277196668863, "yoy_growth_pct": -92.13775083214233, "cagr_3y_pct": -46.353956889094064 }, { "year": 2019, "exporter_iso3": "BMU", "importer_iso3": "BRA", "export_value_usd": 3954.1999170724916, "yoy_growth_pct": -76.61658723222216, "cagr_3y_pct": 240.86240259956918 }, { "year": 2020, "exporter_iso3": "BMU", "importer_iso3": "BRA", "export_value_usd": 821.758417903648, "yoy_growth_pct": -79.21808620864977, "cagr_3y_pct": -84.36684096204114 }, { "year": 2021, "exporter_iso3": "BMU", "importer_iso3": "BRA", "export_value_usd": 376921.4692800252, "yoy_growth_pct": 45767.673645689334, "cagr_3y_pct": 181.42761890146363 }, { "year": 2022, "exporter_iso3": "BMU", "importer_iso3": "BRA", "export_value_usd": 561331.7060941951, "yoy_growth_pct": 48.925373544367275, "cagr_3y_pct": 421.65933523347326 }, { "year": 2023, "exporter_iso3": "BMU", "importer_iso3": "BRA", "export_value_usd": 610251.6541127741, "yoy_growth_pct": 8.714980373898529, "cagr_3y_pct": 805.5691129414811 }, { "year": 2024, "exporter_iso3": "BMU", "importer_iso3": "BRA", "export_value_usd": 730253.4559316934, "yoy_growth_pct": 19.664314059645815, "cagr_3y_pct": 24.663959104838295 } ], "riskLanes": [ { "exporter_iso3": "BMU", "importer_iso3": "BRA", "hs_code": "220860", "hs_description": "Vodka", "buyer_imports_latest_usd": 16589518.015174221, "current_below_peak_pct": 0, "lane_volatility_cv": 1.017559301291128, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "concentrated_buyer_market" ] }, { "exporter_iso3": "BMU", "importer_iso3": "BRA", "hs_code": "220850", "hs_description": "Gin and geneva", "buyer_imports_latest_usd": 18395342.326615017, "current_below_peak_pct": 18.127516582081903, "lane_volatility_cv": 0.16904846122882497, "attention_level": "Watch", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier", "limited_history" ] }, { "exporter_iso3": "BMU", "importer_iso3": "BRA", "hs_code": "220890", "hs_description": "Spirits, liqueurs and other spirituous beverages: n.e.c. in heading no. 2208", "buyer_imports_latest_usd": 20672274.269450437, "current_below_peak_pct": 29.751721629258682, "lane_volatility_cv": 0.2640339322606171, "attention_level": "Watch", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "limited_history" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "BMU", "importer_iso3": "BRA", "distance_km": 6474, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": 0, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 0, "importer_is_wto": 1, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 1608981.2208119999, "importer_gdp_per_capita_usd": 7518.834354599067, "importer_population": 213993.439, "importer_biz_entry_days": 16.6, "importer_biz_entry_cost_pct": 4.2, "exporter_gdp_million_usd": 7080.9, "exporter_gdp_per_capita_usd": 110869.46310301093, "avg_applied_tariff_pct": 28.836599972525246, "avg_mfn_tariff_pct": 28.836599972525246, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, "sourceAttribution": { "publisher": "OECD", "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D", "year": 2025, "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29)", "sourceUrl": "https://data-explorer.oecd.org/", "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0", "termsUrl": "https://www.oecd.org/termsandconditions/", "terms": "OECD Terms & Conditions", "accessed": "2026-08-29", "supportingSources": [ { "publisher": "CEPII", "dataset": "BACI bilateral trade flows", "release": "202601", "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.", "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html", "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37", "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf", "license": "Etalab 2.0 Open Licence", "accessed": "2026-08-29" } ] }, "links": { "canonical": "https://www.yugalinks.com/trade/corridor/BMU-BRA/risk", "html": "https://www.yugalinks.com/trade/corridor/BMU-BRA/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/BMU-BRA/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/BMU-BRA/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/BMU-BRA/risk/index.ld.json", "home": "https://www.yugalinks.com/", "tradeHub": "https://www.yugalinks.com/trade/", "dataSources": "https://www.yugalinks.com/data-sources", "methodology": "https://www.yugalinks.com/methodology", "workspace": "https://www.yugalinks.com/app/corridors", "contact": "https://www.yugalinks.com/contact", "email": "mailto:support@yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks" } }