{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:07.350Z",
  "seo": {
    "title": "Bermuda exports to Cyprus: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Bermuda to Cyprus, 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": "CYP",
    "country_name": "Cyprus"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "BMU",
    "importer_iso3": "CYP",
    "all_history_lane_count": 2,
    "current_lane_count": 1,
    "current_product_count": 1,
    "first_observed_last_year": 2022,
    "latest_data_year": 2024,
    "current_trade_usd": 172611122.74884504,
    "attention_trade_usd": 172611122.74884504,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 0,
    "unrecovered_drawdown_trade_usd": 0,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 172611122.74884504,
    "access_friction_trade_usd": 172611122.74884504,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 1,
    "high_volatility_lane_count": 0,
    "unrecovered_drawdown_lane_count": 0,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 1,
    "access_friction_lane_count": 1,
    "trade_weighted_volatility_cv": 0.17235877166176267,
    "trade_weighted_below_peak_pct": 29.403758615198043,
    "product_concentration_hhi": 10000,
    "top1_product_share_pct": 100,
    "top3_product_share_pct": 100,
    "top_product_hs6": "890120",
    "top_product_trade_usd": 172611122.74884504,
    "top_product_description": "Tankers",
    "top_attention_product_hs6": "890120",
    "top_attention_product_reason": "The buyer market is concentrated among relatively few suppliers",
    "distance_km": 8669.94140625,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0.7372000217437744,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": 9.52543999090909,
    "avg_mfn_tariff_pct": 9.52543999090909,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null,
    "buyer_biz_entry_days": 6,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 27719.33767,
    "buyer_gdp_pc_latest": 22803,
    "buyer_population_latest": 1215.588,
    "buyer_gdp_5y_cagr_pct": 7.5147622240935075,
    "buyer_gdp_pc_5y_cagr_pct": 5.7613807542020945,
    "buyer_population_5y_cagr_pct": 1.0891364389583824,
    "buyer_investment_5y_avg_pct": 20.394000000000002,
    "buyer_savings_5y_avg_pct": 16.052000000000003,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 100,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "concentrated_product_mix",
      "concentrated_buyer_markets",
      "market_access_friction"
    ],
    "attention_level": "High attention",
    "primary_risk_reason": "Buyer-market concentration is the largest observed corridor exposure",
    "buyer_gdp_mn_2024": 27719.33767,
    "buyer_gdp_pc_2024": 22803,
    "buyer_population_2024": 1215.588
  },
  "history": [
    {
      "year": 2002,
      "exporter_iso3": "BMU",
      "importer_iso3": "CYP",
      "export_value_usd": 721.1434673447242,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 2004,
      "exporter_iso3": "BMU",
      "importer_iso3": "CYP",
      "export_value_usd": 3834.4244036494206,
      "yoy_growth_pct": 431.7145030472102,
      "cagr_3y_pct": null
    },
    {
      "year": 2005,
      "exporter_iso3": "BMU",
      "importer_iso3": "CYP",
      "export_value_usd": 14606.819576802785,
      "yoy_growth_pct": 280.9390416694802,
      "cagr_3y_pct": null
    },
    {
      "year": 2008,
      "exporter_iso3": "BMU",
      "importer_iso3": "CYP",
      "export_value_usd": 24017.72106597005,
      "yoy_growth_pct": 64.42813536296977,
      "cagr_3y_pct": 221.7387530845708
    },
    {
      "year": 2014,
      "exporter_iso3": "BMU",
      "importer_iso3": "CYP",
      "export_value_usd": 36389.460305137225,
      "yoy_growth_pct": 51.5108790096505,
      "cagr_3y_pct": 111.71833902155934
    },
    {
      "year": 2015,
      "exporter_iso3": "BMU",
      "importer_iso3": "CYP",
      "export_value_usd": 248855727.43518084,
      "yoy_growth_pct": 683767.596134832,
      "cagr_3y_pct": 2473.1434116886076
    },
    {
      "year": 2018,
      "exporter_iso3": "BMU",
      "importer_iso3": "CYP",
      "export_value_usd": 865242.2188804304,
      "yoy_growth_pct": -99.65231171177051,
      "cagr_3y_pct": 230.26962642556333
    },
    {
      "year": 2019,
      "exporter_iso3": "BMU",
      "importer_iso3": "CYP",
      "export_value_usd": 216728.46735429254,
      "yoy_growth_pct": -74.9516999257473,
      "cagr_3y_pct": 81.26478840381115
    },
    {
      "year": 2021,
      "exporter_iso3": "BMU",
      "importer_iso3": "CYP",
      "export_value_usd": 1613272.1331565974,
      "yoy_growth_pct": 644.3748174158094,
      "cagr_3y_pct": -81.35395775411025
    },
    {
      "year": 2022,
      "exporter_iso3": "BMU",
      "importer_iso3": "CYP",
      "export_value_usd": 1406503.5508018804,
      "yoy_growth_pct": -12.81672063287579,
      "cagr_3y_pct": 17.58024934724609
    },
    {
      "year": 2024,
      "exporter_iso3": "BMU",
      "importer_iso3": "CYP",
      "export_value_usd": 172611536.51313132,
      "yoy_growth_pct": 12172.385406686066,
      "cagr_3y_pct": 826.9392800158386
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "BMU",
      "importer_iso3": "CYP",
      "hs_code": "890120",
      "hs_description": "Tankers",
      "buyer_imports_latest_usd": 384583836.72573316,
      "current_below_peak_pct": 29.403758615198043,
      "lane_volatility_cv": 0.17235877166176267,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "long_distance_without_fta",
        "limited_history"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "BMU",
    "importer_iso3": "CYP",
    "distance_km": 8680,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "shares_ethnic_language": 0,
    "shared_religion": 0,
    "shared_legal_system": 1,
    "shared_colonial_history": 0,
    "has_fta": 0,
    "rta_coverage_ratio": 1,
    "exporter_is_wto": 0,
    "importer_is_wto": 1,
    "exporter_is_eu": 0,
    "importer_is_eu": 1,
    "importer_gdp_million_usd": 27719.33767,
    "importer_gdp_per_capita_usd": 22803.234048049177,
    "importer_population": 1215.588,
    "importer_biz_entry_days": 6,
    "importer_biz_entry_cost_pct": 5.6,
    "exporter_gdp_million_usd": 7080.9,
    "exporter_gdp_per_capita_usd": 110869.46310301093,
    "avg_applied_tariff_pct": 9.52543999090909,
    "avg_mfn_tariff_pct": 9.52543999090909,
    "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-CYP/risk",
    "html": "https://www.yugalinks.com/trade/corridor/BMU-CYP/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/BMU-CYP/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/BMU-CYP/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/BMU-CYP/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"
  }
}