{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:47:53.958Z",
  "seo": {
    "title": "Singapore exports to Bermuda: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Singapore 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": "SGP",
    "country_name": "Singapore"
  },
  "importer": {
    "iso3": "BMU",
    "country_name": "Bermuda"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "SGP",
    "importer_iso3": "BMU",
    "all_history_lane_count": 3,
    "current_lane_count": 1,
    "current_product_count": 1,
    "first_observed_last_year": 1999,
    "latest_data_year": 2024,
    "current_trade_usd": 34063110.85187613,
    "attention_trade_usd": 34063110.85187613,
    "critical_trade_usd": 34063110.85187613,
    "high_volatility_trade_usd": 34063110.85187613,
    "unrecovered_drawdown_trade_usd": 34063110.85187613,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 34063110.85187613,
    "access_friction_trade_usd": 34063110.85187613,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 1,
    "high_attention_lane_count": 0,
    "high_volatility_lane_count": 1,
    "unrecovered_drawdown_lane_count": 1,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 1,
    "access_friction_lane_count": 1,
    "trade_weighted_volatility_cv": 1.0882686524027199,
    "trade_weighted_below_peak_pct": 88.3206135967925,
    "product_concentration_hhi": 10000,
    "top1_product_share_pct": 100,
    "top3_product_share_pct": 100,
    "top_product_hs6": "999999",
    "top_product_trade_usd": 34063110.85187613,
    "top_product_description": "Commodities not specified according to kind",
    "top_attention_product_hs6": "999999",
    "top_attention_product_reason": "Current trade remains more than 50% below its historical peak",
    "distance_km": 16109.6103515625,
    "shares_land_border": 0,
    "shares_official_language": 1,
    "common_spoken_language_score": 0.6887000203132629,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": 19.051946949090908,
    "avg_mfn_tariff_pct": 19.051946949090908,
    "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": 100,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "concentrated_product_mix",
      "concentrated_buyer_markets",
      "market_access_friction"
    ],
    "attention_level": "Critical attention",
    "primary_risk_reason": "Current trade remains materially below historical peaks",
    "buyer_gdp_mn_2024": 7080.9,
    "buyer_gdp_pc_2024": 110869,
    "buyer_population_2024": 63.867
  },
  "history": [
    {
      "year": 1995,
      "exporter_iso3": "SGP",
      "importer_iso3": "BMU",
      "export_value_usd": 6216494.963295514,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "SGP",
      "importer_iso3": "BMU",
      "export_value_usd": 4946369.008509092,
      "yoy_growth_pct": -20.431544822053503,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "SGP",
      "importer_iso3": "BMU",
      "export_value_usd": 9412549.670627652,
      "yoy_growth_pct": 90.2921042573961,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "SGP",
      "importer_iso3": "BMU",
      "export_value_usd": 7756135.025648513,
      "yoy_growth_pct": -17.59793789081471,
      "cagr_3y_pct": 7.654765259744822
    },
    {
      "year": 1999,
      "exporter_iso3": "SGP",
      "importer_iso3": "BMU",
      "export_value_usd": 7093989.977477862,
      "yoy_growth_pct": -8.537049006767228,
      "cagr_3y_pct": 12.772018187069545
    },
    {
      "year": 2000,
      "exporter_iso3": "SGP",
      "importer_iso3": "BMU",
      "export_value_usd": 22364612.574276026,
      "yoy_growth_pct": 215.2614064197953,
      "cagr_3y_pct": 33.439590153258706
    },
    {
      "year": 2001,
      "exporter_iso3": "SGP",
      "importer_iso3": "BMU",
      "export_value_usd": 21280828.507519267,
      "yoy_growth_pct": -4.845977381264078,
      "cagr_3y_pct": 39.995601318608024
    },
    {
      "year": 2002,
      "exporter_iso3": "SGP",
      "importer_iso3": "BMU",
      "export_value_usd": 19331069.59959275,
      "yoy_growth_pct": -9.162044171530258,
      "cagr_3y_pct": 39.67599419815353
    },
    {
      "year": 2003,
      "exporter_iso3": "SGP",
      "importer_iso3": "BMU",
      "export_value_usd": 16690360.248434134,
      "yoy_growth_pct": -13.660440968120291,
      "cagr_3y_pct": -9.294258663912668
    },
    {
      "year": 2004,
      "exporter_iso3": "SGP",
      "importer_iso3": "BMU",
      "export_value_usd": 21013311.36496438,
      "yoy_growth_pct": 25.90088561411261,
      "cagr_3y_pct": -0.4207950297867913
    },
    {
      "year": 2005,
      "exporter_iso3": "SGP",
      "importer_iso3": "BMU",
      "export_value_usd": 166389.2321733981,
      "yoy_growth_pct": -99.20817224242525,
      "cagr_3y_pct": -79.50617086254832
    },
    {
      "year": 2006,
      "exporter_iso3": "SGP",
      "importer_iso3": "BMU",
      "export_value_usd": 60247810.29930103,
      "yoy_growth_pct": 36108.95986617414,
      "cagr_3y_pct": 53.39993849514024
    },
    {
      "year": 2007,
      "exporter_iso3": "SGP",
      "importer_iso3": "BMU",
      "export_value_usd": 94199757.7567136,
      "yoy_growth_pct": 56.35382811216705,
      "cagr_3y_pct": 64.8864989711059
    },
    {
      "year": 2008,
      "exporter_iso3": "SGP",
      "importer_iso3": "BMU",
      "export_value_usd": 62549126.45918279,
      "yoy_growth_pct": -33.59948268579818,
      "cagr_3y_pct": 621.7143552969354
    },
    {
      "year": 2009,
      "exporter_iso3": "SGP",
      "importer_iso3": "BMU",
      "export_value_usd": 250372.69986740386,
      "yoy_growth_pct": -99.59971831096507,
      "cagr_3y_pct": -83.92262154027026
    },
    {
      "year": 2010,
      "exporter_iso3": "SGP",
      "importer_iso3": "BMU",
      "export_value_usd": 146378534.96706122,
      "yoy_growth_pct": 58364.25550572509,
      "cagr_3y_pct": 15.826838765891548
    },
    {
      "year": 2011,
      "exporter_iso3": "SGP",
      "importer_iso3": "BMU",
      "export_value_usd": 243252513.68227428,
      "yoy_growth_pct": 66.18045380561574,
      "cagr_3y_pct": 57.257739754550975
    },
    {
      "year": 2012,
      "exporter_iso3": "SGP",
      "importer_iso3": "BMU",
      "export_value_usd": 291332040.5278495,
      "yoy_growth_pct": 19.76527441289859,
      "cagr_3y_pct": 951.801435959468
    },
    {
      "year": 2013,
      "exporter_iso3": "SGP",
      "importer_iso3": "BMU",
      "export_value_usd": 291959261.33471924,
      "yoy_growth_pct": 0.21529413851402168,
      "cagr_3y_pct": 25.87755149977331
    },
    {
      "year": 2014,
      "exporter_iso3": "SGP",
      "importer_iso3": "BMU",
      "export_value_usd": 552224.1687171541,
      "yoy_growth_pct": -99.8108557453555,
      "cagr_3y_pct": -86.85725673146186
    },
    {
      "year": 2015,
      "exporter_iso3": "SGP",
      "importer_iso3": "BMU",
      "export_value_usd": 27062963.162923004,
      "yoy_growth_pct": 4800.720521847441,
      "cagr_3y_pct": -54.710690576484524
    },
    {
      "year": 2016,
      "exporter_iso3": "SGP",
      "importer_iso3": "BMU",
      "export_value_usd": 48100753.42798403,
      "yoy_growth_pct": 77.7364627014804,
      "cagr_3y_pct": -45.17947281993357
    },
    {
      "year": 2017,
      "exporter_iso3": "SGP",
      "importer_iso3": "BMU",
      "export_value_usd": 97151213.9485951,
      "yoy_growth_pct": 101.97441209325117,
      "cagr_3y_pct": 460.3305143955007
    },
    {
      "year": 2018,
      "exporter_iso3": "SGP",
      "importer_iso3": "BMU",
      "export_value_usd": 90778069.42253852,
      "yoy_growth_pct": -6.560025620913768,
      "cagr_3y_pct": 49.6931286162104
    },
    {
      "year": 2019,
      "exporter_iso3": "SGP",
      "importer_iso3": "BMU",
      "export_value_usd": 51263499.90296195,
      "yoy_growth_pct": -43.52876170526472,
      "cagr_3y_pct": 2.1453948233680187
    },
    {
      "year": 2020,
      "exporter_iso3": "SGP",
      "importer_iso3": "BMU",
      "export_value_usd": 48255624.44387087,
      "yoy_growth_pct": -5.867479717117952,
      "cagr_3y_pct": -20.804609835865516
    },
    {
      "year": 2021,
      "exporter_iso3": "SGP",
      "importer_iso3": "BMU",
      "export_value_usd": 51239062.015151784,
      "yoy_growth_pct": 6.182569608546107,
      "cagr_3y_pct": -17.35687272135593
    },
    {
      "year": 2022,
      "exporter_iso3": "SGP",
      "importer_iso3": "BMU",
      "export_value_usd": 96757279.94062668,
      "yoy_growth_pct": 88.83499450480731,
      "cagr_3y_pct": 23.58292381121505
    },
    {
      "year": 2023,
      "exporter_iso3": "SGP",
      "importer_iso3": "BMU",
      "export_value_usd": 47205090.42393822,
      "yoy_growth_pct": -51.21287984438509,
      "cagr_3y_pct": -0.7310035774259593
    },
    {
      "year": 2024,
      "exporter_iso3": "SGP",
      "importer_iso3": "BMU",
      "export_value_usd": 34611770.54253035,
      "yoy_growth_pct": -26.67788530497478,
      "cagr_3y_pct": -12.257996202957578
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "SGP",
      "importer_iso3": "BMU",
      "hs_code": "999999",
      "hs_description": "Commodities not specified according to kind",
      "buyer_imports_latest_usd": 41143319.55716176,
      "current_below_peak_pct": 88.3206135967925,
      "lane_volatility_cv": 1.0882686524027199,
      "attention_level": "Critical attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "SGP",
    "importer_iso3": "BMU",
    "distance_km": 16102,
    "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": 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": 396986.89988800004,
    "exporter_gdp_per_capita_usd": 72794.00302260944,
    "avg_applied_tariff_pct": 19.051946949090908,
    "avg_mfn_tariff_pct": 19.051946949090908,
    "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/SGP-BMU/risk",
    "html": "https://www.yugalinks.com/trade/corridor/SGP-BMU/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/SGP-BMU/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/SGP-BMU/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/SGP-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"
  }
}