{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:12.786Z", "seo": { "title": "Bermuda exports to the United States: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Bermuda to the United States, 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": "USA", "country_name": "United States" }, "latestYear": 2024, "risk": { "exporter_iso3": "BMU", "importer_iso3": "USA", "all_history_lane_count": 50, "current_lane_count": 7, "current_product_count": 7, "first_observed_last_year": 1995, "latest_data_year": 2024, "current_trade_usd": 20924499.8897984, "attention_trade_usd": 0, "critical_trade_usd": 0, "high_volatility_trade_usd": 19957001.32594352, "unrecovered_drawdown_trade_usd": 790015.998976359, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 0, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 0, "high_volatility_lane_count": 2, "unrecovered_drawdown_lane_count": 3, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 0, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 3.2642459341956394, "trade_weighted_below_peak_pct": 3.028523275782604, "product_concentration_hhi": 9058.576087483914, "top1_product_share_pct": 95.12459337015919, "top3_product_share_pct": 98.64850128588655, "top_product_hs6": "880330", "top_product_trade_usd": 19904345.434910133, "top_product_description": "Aircraft and spacecraft: parts of aeroplanes or helicopters n.e.c. in heading no. 8803", "top_attention_product_hs6": "", "top_attention_product_reason": "", "distance_km": 1248.1209716796875, "shares_land_border": 0, "shares_official_language": 1, "common_spoken_language_score": 0.9312000274658203, "has_reported_fta": 0, "avg_applied_tariff_pct": 4.67447546369697, "avg_mfn_tariff_pct": 4.67447546369697, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null, "buyer_biz_entry_days": 4.2, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 22996100, "buyer_gdp_pc_latest": 69288, "buyer_population_latest": 331893.738, "buyer_gdp_5y_cagr_pct": 6.1023377268677015, "buyer_gdp_pc_5y_cagr_pct": 5.47830267128826, "buyer_population_5y_cagr_pct": 0.5916240968762754, "buyer_investment_5y_avg_pct": 22.094, "buyer_savings_5y_avg_pct": 17.618, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 0, "critical_trade_share_pct": 0, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_product_mix" ], "attention_level": "Stable", "primary_risk_reason": "Volatile products account for the largest observed corridor exposure", "buyer_gdp_mn_2024": 22996100, "buyer_gdp_pc_2024": 69288, "buyer_population_2024": 331893.738 }, "history": [ { "year": 1995, "exporter_iso3": "BMU", "importer_iso3": "USA", "export_value_usd": 31433609.230290584, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "BMU", "importer_iso3": "USA", "export_value_usd": 2221864.440327032, "yoy_growth_pct": -92.93156435187225, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "BMU", "importer_iso3": "USA", "export_value_usd": 28794506.742192775, "yoy_growth_pct": 1195.9614555942292, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "BMU", "importer_iso3": "USA", "export_value_usd": 11221567.79816364, "yoy_growth_pct": -61.02878962770839, "cagr_3y_pct": -29.06077668056647 }, { "year": 1999, "exporter_iso3": "BMU", "importer_iso3": "USA", "export_value_usd": 24472565.382374022, "yoy_growth_pct": 118.08508242831141, "cagr_3y_pct": 122.49520010078197 }, { "year": 2000, "exporter_iso3": "BMU", "importer_iso3": "USA", "export_value_usd": 37739409.97118941, "yoy_growth_pct": 54.211090588690894, "cagr_3y_pct": 9.436405731509101 }, { "year": 2001, "exporter_iso3": "BMU", "importer_iso3": "USA", "export_value_usd": 62798750.64244379, "yoy_growth_pct": 66.40098690039113, "cagr_3y_pct": 77.54120179019279 }, { "year": 2002, "exporter_iso3": "BMU", "importer_iso3": "USA", "export_value_usd": 22789848.89921122, "yoy_growth_pct": -63.70970972182328, "cagr_3y_pct": -2.3466118351813448 }, { "year": 2003, "exporter_iso3": "BMU", "importer_iso3": "USA", "export_value_usd": 14649537.654285433, "yoy_growth_pct": -35.719022451296425, "cagr_3y_pct": -27.052635810618742 }, { "year": 2004, "exporter_iso3": "BMU", "importer_iso3": "USA", "export_value_usd": 23919535.34499826, "yoy_growth_pct": 63.27843178041235, "cagr_3y_pct": -27.51181178044081 }, { "year": 2005, "exporter_iso3": "BMU", "importer_iso3": "USA", "export_value_usd": 83487234.26613829, "yoy_growth_pct": 249.03367921649883, "cagr_3y_pct": 54.155684077562015 }, { "year": 2006, "exporter_iso3": "BMU", "importer_iso3": "USA", "export_value_usd": 15987716.216287317, "yoy_growth_pct": -80.85010677761571, "cagr_3y_pct": 2.9565949449007034 }, { "year": 2007, "exporter_iso3": "BMU", "importer_iso3": "USA", "export_value_usd": 23307920.50732382, "yoy_growth_pct": 45.78642873069716, "cagr_3y_pct": -0.8596921561826565 }, { "year": 2008, "exporter_iso3": "BMU", "importer_iso3": "USA", "export_value_usd": 135841413.82174864, "yoy_growth_pct": 482.81224092498735, "cagr_3y_pct": 17.617164774346406 }, { "year": 2009, "exporter_iso3": "BMU", "importer_iso3": "USA", "export_value_usd": 12551457.724204626, "yoy_growth_pct": -90.76021268397967, "cagr_3y_pct": -7.749390211314977 }, { "year": 2010, "exporter_iso3": "BMU", "importer_iso3": "USA", "export_value_usd": 21199356.231092572, "yoy_growth_pct": 68.89955491154677, "cagr_3y_pct": -3.111317992508411 }, { "year": 2011, "exporter_iso3": "BMU", "importer_iso3": "USA", "export_value_usd": 58482342.49749914, "yoy_growth_pct": 175.86848326896137, "cagr_3y_pct": -24.491208023414067 }, { "year": 2012, "exporter_iso3": "BMU", "importer_iso3": "USA", "export_value_usd": 81488754.53292371, "yoy_growth_pct": 39.33907407421033, "cagr_3y_pct": 86.55254184455383 }, { "year": 2013, "exporter_iso3": "BMU", "importer_iso3": "USA", "export_value_usd": 57936127.56202672, "yoy_growth_pct": -28.90291685754147, "cagr_3y_pct": 39.81129669724235 }, { "year": 2014, "exporter_iso3": "BMU", "importer_iso3": "USA", "export_value_usd": 33649436.347951725, "yoy_growth_pct": -41.91976964299786, "cagr_3y_pct": -16.826621155259915 }, { "year": 2015, "exporter_iso3": "BMU", "importer_iso3": "USA", "export_value_usd": 82066186.0955244, "yoy_growth_pct": 143.88576749672612, "cagr_3y_pct": 0.23564519678982432 }, { "year": 2016, "exporter_iso3": "BMU", "importer_iso3": "USA", "export_value_usd": 14332980.946914487, "yoy_growth_pct": -82.53485189353017, "cagr_3y_pct": -37.22370410844955 }, { "year": 2017, "exporter_iso3": "BMU", "importer_iso3": "USA", "export_value_usd": 18278816.24993865, "yoy_growth_pct": 27.529760331353792, "cagr_3y_pct": -18.406275508670177 }, { "year": 2018, "exporter_iso3": "BMU", "importer_iso3": "USA", "export_value_usd": 16031664.433986705, "yoy_growth_pct": -12.29374914231377, "cagr_3y_pct": -41.976384344901405 }, { "year": 2019, "exporter_iso3": "BMU", "importer_iso3": "USA", "export_value_usd": 21975013.719195265, "yoy_growth_pct": 37.07256542002475, "cagr_3y_pct": 15.309266741091832 }, { "year": 2020, "exporter_iso3": "BMU", "importer_iso3": "USA", "export_value_usd": 22610069.553570718, "yoy_growth_pct": 2.889899603660906, "cagr_3y_pct": 7.345689631365371 }, { "year": 2021, "exporter_iso3": "BMU", "importer_iso3": "USA", "export_value_usd": 16648031.17240757, "yoy_growth_pct": -26.368951970877895, "cagr_3y_pct": 1.265479198591124 }, { "year": 2022, "exporter_iso3": "BMU", "importer_iso3": "USA", "export_value_usd": 28218279.367009915, "yoy_growth_pct": 69.49919828225013, "cagr_3y_pct": 8.692720248120755 }, { "year": 2023, "exporter_iso3": "BMU", "importer_iso3": "USA", "export_value_usd": 21108506.821277298, "yoy_growth_pct": -25.19562746283063, "cagr_3y_pct": -2.2646052035249276 }, { "year": 2024, "exporter_iso3": "BMU", "importer_iso3": "USA", "export_value_usd": 36380276.66839566, "yoy_growth_pct": 72.34888747187212, "cagr_3y_pct": 29.768028211971686 } ], "riskLanes": [ { "exporter_iso3": "BMU", "importer_iso3": "USA", "hs_code": "880330", "hs_description": "Aircraft and spacecraft: parts of aeroplanes or helicopters n.e.c. in heading no. 8803", "buyer_imports_latest_usd": 13523674535.419735, "current_below_peak_pct": 0, "lane_volatility_cv": 3.3916737928549394, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "BMU", "importer_iso3": "USA", "hs_code": "220840", "hs_description": "Rum and other spirits obtained by distilling fermented sugar-cane products", "buyer_imports_latest_usd": 161998532.20034721, "current_below_peak_pct": 83.93075694780754, "lane_volatility_cv": 0.8563804231399937, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown" ] }, { "exporter_iso3": "BMU", "importer_iso3": "USA", "hs_code": "900791", "hs_description": "Cameras, cinematographic: parts and accessories, whether or not incorporating sound recording apparatus", "buyer_imports_latest_usd": 79441985.69374241, "current_below_peak_pct": 59.82324990101904, "lane_volatility_cv": 0.9849206606037407, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown" ] }, { "exporter_iso3": "BMU", "importer_iso3": "USA", "hs_code": "711320", "hs_description": "Jewellery: of base metal clad with precious metal, and parts thereof", "buyer_imports_latest_usd": 71570158.27698913, "current_below_peak_pct": 0, "lane_volatility_cv": 0.8314410517222235, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "BMU", "importer_iso3": "USA", "hs_code": "910299", "hs_description": "Pocket watches and other watches, including stop-watches: (excluding wrist-watches), other than those of heading no. 9101, other than electrically operated", "buyer_imports_latest_usd": 16608584.339365335, "current_below_peak_pct": 0, "lane_volatility_cv": 0, "attention_level": "Watch", "primary_risk_reason": "The lane has limited historical coverage", "risk_driver_labels": [ "limited_history" ] }, { "exporter_iso3": "BMU", "importer_iso3": "USA", "hs_code": "950810", "hs_description": "Travelling circuses and travelling menageries", "buyer_imports_latest_usd": 27671695.492215484, "current_below_peak_pct": 76.09442673156846, "lane_volatility_cv": 1.2576384719328095, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown" ] }, { "exporter_iso3": "BMU", "importer_iso3": "USA", "hs_code": "401220", "hs_description": "Rubber: used pneumatic tyres", "buyer_imports_latest_usd": 44273803.87432968, "current_below_peak_pct": 0, "lane_volatility_cv": 0, "attention_level": "Watch", "primary_risk_reason": "The lane has limited historical coverage", "risk_driver_labels": [ "limited_history" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "BMU", "importer_iso3": "USA", "distance_km": 1246, "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": 22996100, "importer_gdp_per_capita_usd": 69287.53804930179, "importer_population": 331893.738, "importer_biz_entry_days": 4.2, "importer_biz_entry_cost_pct": 1, "exporter_gdp_million_usd": 7080.9, "exporter_gdp_per_capita_usd": 110869.46310301093, "avg_applied_tariff_pct": 4.67447546369697, "avg_mfn_tariff_pct": 4.67447546369697, "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-USA/risk", "html": "https://www.yugalinks.com/trade/corridor/BMU-USA/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/BMU-USA/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/BMU-USA/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/BMU-USA/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" } }