{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:10.242Z",
  "seo": {
    "title": "Brazil exports to Bermuda: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Brazil to Bermuda, 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": "BRA",
    "country_name": "Brazil"
  },
  "importer": {
    "iso3": "BMU",
    "country_name": "Bermuda"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "BRA",
    "importer_iso3": "BMU",
    "all_history_lane_count": 3,
    "current_lane_count": 1,
    "current_product_count": 1,
    "first_observed_last_year": 2002,
    "latest_data_year": 2024,
    "current_trade_usd": 5134361.324102575,
    "attention_trade_usd": 5134361.324102575,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 5134361.324102575,
    "unrecovered_drawdown_trade_usd": 0,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 5134361.324102575,
    "access_friction_trade_usd": 0,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 1,
    "high_volatility_lane_count": 1,
    "unrecovered_drawdown_lane_count": 0,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 1,
    "access_friction_lane_count": 0,
    "trade_weighted_volatility_cv": 1.9126220192329455,
    "trade_weighted_below_peak_pct": 0,
    "product_concentration_hhi": 10000,
    "top1_product_share_pct": 100,
    "top3_product_share_pct": 100,
    "top_product_hs6": "271019",
    "top_product_trade_usd": 5134361.324102575,
    "top_product_description": "",
    "top_attention_product_hs6": "271019",
    "top_attention_product_reason": "Trade has varied substantially across reported years",
    "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": 19.05194694909091,
    "avg_mfn_tariff_pct": 19.05194694909091,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null,
    "buyer_biz_entry_days": null,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 7080.9,
    "buyer_gdp_pc_latest": 110869,
    "buyer_population_latest": 63.867,
    "buyer_gdp_5y_cagr_pct": 4.460687151936749,
    "buyer_gdp_pc_5y_cagr_pct": 4.289137236640728,
    "buyer_population_5y_cagr_pct": 0.16449451960345307,
    "buyer_investment_5y_avg_pct": null,
    "buyer_savings_5y_avg_pct": null,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 100,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "concentrated_product_mix",
      "concentrated_buyer_markets"
    ],
    "attention_level": "High attention",
    "primary_risk_reason": "Volatile products account for the largest observed corridor exposure",
    "buyer_gdp_mn_2024": 7080.9,
    "buyer_gdp_pc_2024": 110869,
    "buyer_population_2024": 63.867
  },
  "history": [
    {
      "year": 1995,
      "exporter_iso3": "BRA",
      "importer_iso3": "BMU",
      "export_value_usd": 2041396.2698223488,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "BRA",
      "importer_iso3": "BMU",
      "export_value_usd": 2613685.316755951,
      "yoy_growth_pct": 28.034196760014908,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "BRA",
      "importer_iso3": "BMU",
      "export_value_usd": 1017310.584243504,
      "yoy_growth_pct": -61.07754144228168,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "BRA",
      "importer_iso3": "BMU",
      "export_value_usd": 401645.91205589194,
      "yoy_growth_pct": -60.51885055785935,
      "cagr_3y_pct": -41.83808758484769
    },
    {
      "year": 1999,
      "exporter_iso3": "BRA",
      "importer_iso3": "BMU",
      "export_value_usd": 552558.2959110113,
      "yoy_growth_pct": 37.573489316161336,
      "cagr_3y_pct": -40.42807941857001
    },
    {
      "year": 2000,
      "exporter_iso3": "BRA",
      "importer_iso3": "BMU",
      "export_value_usd": 499926.3576485788,
      "yoy_growth_pct": -9.52513764645545,
      "cagr_3y_pct": -21.086587562121007
    },
    {
      "year": 2001,
      "exporter_iso3": "BRA",
      "importer_iso3": "BMU",
      "export_value_usd": 720786.7869517631,
      "yoy_growth_pct": 44.17859269153341,
      "cagr_3y_pct": 21.521882499061242
    },
    {
      "year": 2002,
      "exporter_iso3": "BRA",
      "importer_iso3": "BMU",
      "export_value_usd": 812238.9280015692,
      "yoy_growth_pct": 12.687821517450537,
      "cagr_3y_pct": 13.702120831578712
    },
    {
      "year": 2003,
      "exporter_iso3": "BRA",
      "importer_iso3": "BMU",
      "export_value_usd": 759808.8053713663,
      "yoy_growth_pct": -6.455012290435514,
      "cagr_3y_pct": 14.973943942822853
    },
    {
      "year": 2004,
      "exporter_iso3": "BRA",
      "importer_iso3": "BMU",
      "export_value_usd": 2329636.9162362097,
      "yoy_growth_pct": 206.6083072171781,
      "cagr_3y_pct": 47.85197866545252
    },
    {
      "year": 2005,
      "exporter_iso3": "BRA",
      "importer_iso3": "BMU",
      "export_value_usd": 1025289.8471980038,
      "yoy_growth_pct": -55.9892857100464,
      "cagr_3y_pct": 8.073931952961622
    },
    {
      "year": 2006,
      "exporter_iso3": "BRA",
      "importer_iso3": "BMU",
      "export_value_usd": 23352057.71813375,
      "yoy_growth_pct": 2177.6054773147484,
      "cagr_3y_pct": 213.23740040622195
    },
    {
      "year": 2007,
      "exporter_iso3": "BRA",
      "importer_iso3": "BMU",
      "export_value_usd": 23029912.618440114,
      "yoy_growth_pct": -1.3795148315494221,
      "cagr_3y_pct": 114.61892579740733
    },
    {
      "year": 2008,
      "exporter_iso3": "BRA",
      "importer_iso3": "BMU",
      "export_value_usd": 2749817.0770308496,
      "yoy_growth_pct": -88.05980238574999,
      "cagr_3y_pct": 38.93736219460189
    },
    {
      "year": 2009,
      "exporter_iso3": "BRA",
      "importer_iso3": "BMU",
      "export_value_usd": 146157664.9159725,
      "yoy_growth_pct": 5215.17773079612,
      "cagr_3y_pct": 84.28874541635794
    },
    {
      "year": 2010,
      "exporter_iso3": "BRA",
      "importer_iso3": "BMU",
      "export_value_usd": 3075869.9495323366,
      "yoy_growth_pct": -97.89551238978764,
      "cagr_3y_pct": -48.883800122202935
    },
    {
      "year": 2011,
      "exporter_iso3": "BRA",
      "importer_iso3": "BMU",
      "export_value_usd": 1211570.9906524178,
      "yoy_growth_pct": -60.610461088036956,
      "cagr_3y_pct": -23.90636097840051
    },
    {
      "year": 2012,
      "exporter_iso3": "BRA",
      "importer_iso3": "BMU",
      "export_value_usd": 1121349.1666498862,
      "yoy_growth_pct": -7.446680772205361,
      "cagr_3y_pct": -80.27699478392888
    },
    {
      "year": 2013,
      "exporter_iso3": "BRA",
      "importer_iso3": "BMU",
      "export_value_usd": 928343.7326513097,
      "yoy_growth_pct": -17.211894362502143,
      "cagr_3y_pct": -32.921972967709735
    },
    {
      "year": 2014,
      "exporter_iso3": "BRA",
      "importer_iso3": "BMU",
      "export_value_usd": 27066500.58198511,
      "yoy_growth_pct": 2815.568838353047,
      "cagr_3y_pct": 181.64005111593346
    },
    {
      "year": 2015,
      "exporter_iso3": "BRA",
      "importer_iso3": "BMU",
      "export_value_usd": 1931450.6729919196,
      "yoy_growth_pct": -92.864054711685,
      "cagr_3y_pct": 19.8710341826998
    },
    {
      "year": 2016,
      "exporter_iso3": "BRA",
      "importer_iso3": "BMU",
      "export_value_usd": 1481229.3441407767,
      "yoy_growth_pct": -23.310009162891344,
      "cagr_3y_pct": 16.852452673884866
    },
    {
      "year": 2017,
      "exporter_iso3": "BRA",
      "importer_iso3": "BMU",
      "export_value_usd": 1233611.812737837,
      "yoy_growth_pct": -16.717028485995623,
      "cagr_3y_pct": -64.27966938369418
    },
    {
      "year": 2018,
      "exporter_iso3": "BRA",
      "importer_iso3": "BMU",
      "export_value_usd": 2373127.571360349,
      "yoy_growth_pct": 92.37231249379082,
      "cagr_3y_pct": 7.105676326496901
    },
    {
      "year": 2019,
      "exporter_iso3": "BRA",
      "importer_iso3": "BMU",
      "export_value_usd": 2704622.3963734964,
      "yoy_growth_pct": 13.968689631932607,
      "cagr_3y_pct": 22.225393545488494
    },
    {
      "year": 2020,
      "exporter_iso3": "BRA",
      "importer_iso3": "BMU",
      "export_value_usd": 2784688.954313357,
      "yoy_growth_pct": 2.960359939606283,
      "cagr_3y_pct": 31.179526084237665
    },
    {
      "year": 2021,
      "exporter_iso3": "BRA",
      "importer_iso3": "BMU",
      "export_value_usd": 2569855.829389696,
      "yoy_growth_pct": -7.714797898375481,
      "cagr_3y_pct": 2.690253254962771
    },
    {
      "year": 2022,
      "exporter_iso3": "BRA",
      "importer_iso3": "BMU",
      "export_value_usd": 3910565.4449804663,
      "yoy_growth_pct": 52.17061596444379,
      "cagr_3y_pct": 13.077875256044603
    },
    {
      "year": 2023,
      "exporter_iso3": "BRA",
      "importer_iso3": "BMU",
      "export_value_usd": 2495193.0264038052,
      "yoy_growth_pct": -36.19354895066156,
      "cagr_3y_pct": -3.5928705213100876
    },
    {
      "year": 2024,
      "exporter_iso3": "BRA",
      "importer_iso3": "BMU",
      "export_value_usd": 7327004.517840128,
      "yoy_growth_pct": 193.64479782953575,
      "cagr_3y_pct": 41.798803573672714
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "BRA",
      "importer_iso3": "BMU",
      "hs_code": "271019",
      "hs_description": "",
      "buyer_imports_latest_usd": 121501539.83501717,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.9126220192329455,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "BRA",
    "importer_iso3": "BMU",
    "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": 1,
    "importer_is_wto": 0,
    "exporter_is_eu": 0,
    "importer_is_eu": 0,
    "importer_gdp_million_usd": 7080.9,
    "importer_gdp_per_capita_usd": 110869.46310301093,
    "importer_population": 63.867,
    "importer_biz_entry_days": null,
    "importer_biz_entry_cost_pct": null,
    "exporter_gdp_million_usd": 1608981.2208119999,
    "exporter_gdp_per_capita_usd": 7518.834354599067,
    "avg_applied_tariff_pct": 19.05194694909091,
    "avg_mfn_tariff_pct": 19.05194694909091,
    "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/BRA-BMU/risk",
    "html": "https://www.yugalinks.com/trade/corridor/BRA-BMU/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/BRA-BMU/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/BRA-BMU/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/BRA-BMU/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"
  }
}