{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:10.200Z",
  "seo": {
    "title": "Bermuda exports to New Zealand: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Bermuda to New Zealand, 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": "NZL",
    "country_name": "New Zealand"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "BMU",
    "importer_iso3": "NZL",
    "all_history_lane_count": 4,
    "current_lane_count": 2,
    "current_product_count": 2,
    "first_observed_last_year": 2016,
    "latest_data_year": 2024,
    "current_trade_usd": 14315330.01855048,
    "attention_trade_usd": 14301215.827265786,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 14114.19128469387,
    "unrecovered_drawdown_trade_usd": 14114.19128469387,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 14301215.827265786,
    "access_friction_trade_usd": 14315330.01855048,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 1,
    "high_volatility_lane_count": 1,
    "unrecovered_drawdown_lane_count": 1,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 1,
    "access_friction_lane_count": 2,
    "trade_weighted_volatility_cv": 0.9926837528088646,
    "trade_weighted_below_peak_pct": 0.0966808850884907,
    "product_concentration_hhi": 9980.300453586813,
    "top1_product_share_pct": 99.9014050583088,
    "top3_product_share_pct": 100,
    "top_product_hs6": "999999",
    "top_product_trade_usd": 14301215.827265786,
    "top_product_description": "Commodities not specified according to kind",
    "top_attention_product_hs6": "999999",
    "top_attention_product_reason": "The buyer market is concentrated among relatively few suppliers",
    "distance_km": 14780.6171875,
    "shares_land_border": 0,
    "shares_official_language": 1,
    "common_spoken_language_score": 0.9506000280380249,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": 6.286112317111112,
    "avg_mfn_tariff_pct": 6.286112317111112,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null,
    "buyer_biz_entry_days": 0.5,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 249991.512237,
    "buyer_gdp_pc_latest": 48802,
    "buyer_population_latest": 5122.6,
    "buyer_gdp_5y_cagr_pct": 4.081545685717014,
    "buyer_gdp_pc_5y_cagr_pct": 2.801671873563638,
    "buyer_population_5y_cagr_pct": 1.2449931881725718,
    "buyer_investment_5y_avg_pct": 23.52,
    "buyer_savings_5y_avg_pct": 23.785999999999998,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 99.9014050583088,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "concentrated_product_mix",
      "concentrated_buyer_markets",
      "market_access_friction"
    ],
    "attention_level": "High attention",
    "primary_risk_reason": "Tariff, distance or agreement conditions create market-access friction",
    "buyer_gdp_mn_2024": 249991.512237,
    "buyer_gdp_pc_2024": 48802,
    "buyer_population_2024": 5122.6
  },
  "history": [
    {
      "year": 1995,
      "exporter_iso3": "BMU",
      "importer_iso3": "NZL",
      "export_value_usd": 541949.5517387562,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "BMU",
      "importer_iso3": "NZL",
      "export_value_usd": 727035.9010058647,
      "yoy_growth_pct": 34.15195172194336,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "BMU",
      "importer_iso3": "NZL",
      "export_value_usd": 146952.9509866229,
      "yoy_growth_pct": -79.78738728262094,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "BMU",
      "importer_iso3": "NZL",
      "export_value_usd": 556995.4948960361,
      "yoy_growth_pct": 279.02981270974226,
      "cagr_3y_pct": 0.9169865484774942
    },
    {
      "year": 1999,
      "exporter_iso3": "BMU",
      "importer_iso3": "NZL",
      "export_value_usd": 707622.8832135191,
      "yoy_growth_pct": 27.042837814262356,
      "cagr_3y_pct": -0.8980947446364462
    },
    {
      "year": 2000,
      "exporter_iso3": "BMU",
      "importer_iso3": "NZL",
      "export_value_usd": 82219.56022141759,
      "yoy_growth_pct": -88.38087883082089,
      "cagr_3y_pct": -17.599038506207265
    },
    {
      "year": 2001,
      "exporter_iso3": "BMU",
      "importer_iso3": "NZL",
      "export_value_usd": 20581.562714683754,
      "yoy_growth_pct": -74.96755922890182,
      "cagr_3y_pct": -66.69248582374625
    },
    {
      "year": 2002,
      "exporter_iso3": "BMU",
      "importer_iso3": "NZL",
      "export_value_usd": 6170.389424159897,
      "yoy_growth_pct": -70.01982060498409,
      "cagr_3y_pct": -79.41724197541376
    },
    {
      "year": 2003,
      "exporter_iso3": "BMU",
      "importer_iso3": "NZL",
      "export_value_usd": 5721.126367191067,
      "yoy_growth_pct": -7.2809514292527355,
      "cagr_3y_pct": -58.86904464961758
    },
    {
      "year": 2004,
      "exporter_iso3": "BMU",
      "importer_iso3": "NZL",
      "export_value_usd": 44.78817098446298,
      "yoy_growth_pct": -99.21714417564154,
      "cagr_3y_pct": -87.04129330432889
    },
    {
      "year": 2005,
      "exporter_iso3": "BMU",
      "importer_iso3": "NZL",
      "export_value_usd": 444.8189844982212,
      "yoy_growth_pct": 893.1617539205363,
      "cagr_3y_pct": -58.381133610494594
    },
    {
      "year": 2006,
      "exporter_iso3": "BMU",
      "importer_iso3": "NZL",
      "export_value_usd": 7742.057917517227,
      "yoy_growth_pct": 1640.496288900679,
      "cagr_3y_pct": 10.609295230441496
    },
    {
      "year": 2007,
      "exporter_iso3": "BMU",
      "importer_iso3": "NZL",
      "export_value_usd": 114967.11682037418,
      "yoy_growth_pct": 1384.9684417917993,
      "cagr_3y_pct": 1269.210131994084
    },
    {
      "year": 2008,
      "exporter_iso3": "BMU",
      "importer_iso3": "NZL",
      "export_value_usd": 1189.372889737325,
      "yoy_growth_pct": -98.9654668894623,
      "cagr_3y_pct": 38.79641227602066
    },
    {
      "year": 2009,
      "exporter_iso3": "BMU",
      "importer_iso3": "NZL",
      "export_value_usd": 15920.457161453436,
      "yoy_growth_pct": 1238.5589413400448,
      "cagr_3y_pct": 27.16464197296853
    },
    {
      "year": 2010,
      "exporter_iso3": "BMU",
      "importer_iso3": "NZL",
      "export_value_usd": 50.04542416100028,
      "yoy_growth_pct": -99.68565334742918,
      "cagr_3y_pct": -92.4212616884047
    },
    {
      "year": 2011,
      "exporter_iso3": "BMU",
      "importer_iso3": "NZL",
      "export_value_usd": 20545.06022921989,
      "yoy_growth_pct": 40952.82465610588,
      "cagr_3y_pct": 158.50153594440437
    },
    {
      "year": 2012,
      "exporter_iso3": "BMU",
      "importer_iso3": "NZL",
      "export_value_usd": 2210.0786223196005,
      "yoy_growth_pct": -89.24277370004323,
      "cagr_3y_pct": -48.221349206536836
    },
    {
      "year": 2013,
      "exporter_iso3": "BMU",
      "importer_iso3": "NZL",
      "export_value_usd": 21429.575616858434,
      "yoy_growth_pct": 869.6295598012211,
      "cagr_3y_pct": 653.7310365564244
    },
    {
      "year": 2014,
      "exporter_iso3": "BMU",
      "importer_iso3": "NZL",
      "export_value_usd": 2392501.948021458,
      "yoy_growth_pct": 11064.48589928818,
      "cagr_3y_pct": 388.33174841023805
    },
    {
      "year": 2015,
      "exporter_iso3": "BMU",
      "importer_iso3": "NZL",
      "export_value_usd": 4102348.819377494,
      "yoy_growth_pct": 71.46689568090167,
      "cagr_3y_pct": 1128.9709591107214
    },
    {
      "year": 2016,
      "exporter_iso3": "BMU",
      "importer_iso3": "NZL",
      "export_value_usd": 631885.1610924536,
      "yoy_growth_pct": -84.59699092120746,
      "cagr_3y_pct": 208.94051207330145
    },
    {
      "year": 2017,
      "exporter_iso3": "BMU",
      "importer_iso3": "NZL",
      "export_value_usd": 53718.52483287791,
      "yoy_growth_pct": -91.4986886636165,
      "cagr_3y_pct": -71.7886462979077
    },
    {
      "year": 2018,
      "exporter_iso3": "BMU",
      "importer_iso3": "NZL",
      "export_value_usd": 390404.0411397992,
      "yoy_growth_pct": 626.7586784156368,
      "cagr_3y_pct": -54.344415580419046
    },
    {
      "year": 2019,
      "exporter_iso3": "BMU",
      "importer_iso3": "NZL",
      "export_value_usd": 12788.172702697391,
      "yoy_growth_pct": -96.72437491544353,
      "cagr_3y_pct": -72.74851882870482
    },
    {
      "year": 2020,
      "exporter_iso3": "BMU",
      "importer_iso3": "NZL",
      "export_value_usd": 1699.8759694837645,
      "yoy_growth_pct": -86.7074365587414,
      "cagr_3y_pct": -68.37010728558002
    },
    {
      "year": 2021,
      "exporter_iso3": "BMU",
      "importer_iso3": "NZL",
      "export_value_usd": 7889.724161750211,
      "yoy_growth_pct": 364.13528418465984,
      "cagr_3y_pct": -72.76154281071742
    },
    {
      "year": 2022,
      "exporter_iso3": "BMU",
      "importer_iso3": "NZL",
      "export_value_usd": 74447.86123697116,
      "yoy_growth_pct": 843.6053746707422,
      "cagr_3y_pct": 79.89312975844989
    },
    {
      "year": 2023,
      "exporter_iso3": "BMU",
      "importer_iso3": "NZL",
      "export_value_usd": 12680.235593183012,
      "yoy_growth_pct": -82.96762944898953,
      "cagr_3y_pct": 95.39046331922924
    },
    {
      "year": 2024,
      "exporter_iso3": "BMU",
      "importer_iso3": "NZL",
      "export_value_usd": 14316188.103130933,
      "yoy_growth_pct": 112801.59396429056,
      "cagr_3y_pct": 1119.7060894980762
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "BMU",
      "importer_iso3": "NZL",
      "hs_code": "999999",
      "hs_description": "Commodities not specified according to kind",
      "buyer_imports_latest_usd": 14596547.597483061,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.9919130785720571,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta",
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "BMU",
      "importer_iso3": "NZL",
      "hs_code": "220840",
      "hs_description": "Rum and other spirits obtained by distilling fermented sugar-cane products",
      "buyer_imports_latest_usd": 10185266.649528166,
      "current_below_peak_pct": 98.05866653006176,
      "lane_volatility_cv": 1.7735700516254758,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown",
        "long_distance_without_fta"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "BMU",
    "importer_iso3": "NZL",
    "distance_km": 14626,
    "shares_land_border": 0,
    "shares_official_language": 1,
    "shares_ethnic_language": 1,
    "shared_religion": 0,
    "shared_legal_system": 1,
    "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": 249991.512237,
    "importer_gdp_per_capita_usd": 48801.685128059966,
    "importer_population": 5122.6,
    "importer_biz_entry_days": 0.5,
    "importer_biz_entry_cost_pct": 0.2,
    "exporter_gdp_million_usd": 7080.9,
    "exporter_gdp_per_capita_usd": 110869.46310301093,
    "avg_applied_tariff_pct": 6.286112317111112,
    "avg_mfn_tariff_pct": 6.286112317111112,
    "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-NZL/risk",
    "html": "https://www.yugalinks.com/trade/corridor/BMU-NZL/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/BMU-NZL/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/BMU-NZL/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/BMU-NZL/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"
  }
}