Largest market shown
Vessels: n.e.s. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods
$1.2B of latest reported imports and $1.8B of calculated three-year opportunity.
Importer opportunity guide
Bermuda import opportunities
where to source next
Explore Bermuda's import market by product, supplier concentration, demand growth, and sourcing gaps. Use reported market size and calculated indicators to decide where deeper supplier research may be useful.
Latest imports$3.0B2024 reported value
Import CAGR+23.1%Three-year reported change
GDP$9.2BLatest reported value
GDP per capita$142.9KLatest reported value
Trade openness0.0%Reported share of GDP
Bermuda import opportunities
What makes this an attractive import market?
Compare market size and growth with supplier concentration. A large market may still need product, quality, tariff, logistics, and buyer validation.
Current import base
$3.0B in imports
Bermuda recorded $3.0B in imports in 2024, with a three-year change of +23.1%.
How to use the guide
Compare demand with supply
Start with the highest-value products, then review supplier concentration and market conditions before choosing a sourcing route.
Import market overview
Find products where demand and sourcing options meet
This page separates reported import observations from calculated indicators so market size is not mistaken for a guaranteed sourcing opportunity.
Bermuda imports products from suppliers across major trade regions. The current profile reports $3.0B of imports in 2024, while the opportunity view highlights product and supplier combinations where market demand and supply context may justify further research.
Use the opportunity table to compare product market size, demand growth, supplier counts, concentration, and projected imports. High concentration can indicate reliance on a small supplier base; it can also reflect specialized products that require careful validation.
Top import opportunities
Products and supplier context to review
The top 50 screened products are ranked by calculated three-year opportunity. Reported market values and calculated indicators are labeled separately.
| Rank | Product | Market size | Demand growth | Suppliers | Concentration | Top supplier | Projected imports |
|---|---|---|---|---|---|---|---|
| 1 | HS 890190Vessels: n.e.s. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods | $1.2BLatest imports | +13.1% | 3 | 9994 | KORDeclining | $1.8B |
| 2 | HS 890120Tankers | $461.6MLatest imports | +7.3% | 2 | 9971 | KORDeclining | $569.6M |
| 3 | HS 890110Cruise ships, excursion boats and similar vessels, principally designed for the transport of persons, ferry boats of all kinds | $296.5MLatest imports | +18.0% | 1 | 10000 | NORDeclining | $487.0M |
| 4 | HS 860900Containers: (including containers for transport of fluids) specially designed and equipped for carriage by one or more modes of transport | $215.3MLatest imports | +11.5% | 7 | 9964 | CHNDeclining | $298.3M |
| 5 | HS 490700Unused postage, revenue or similar stamps of current or new issue in the country in which they have, or will have, a recognised face value: stamp-impressed paper: cheque forms: banknotes, stock, share or bond certificates and the like of similar title | $77.1MLatest imports | +15.5% | 7 | 9559 | USADeclining | $118.9M |
| 6 | HS 271019Product description unavailable | $121.5MLatest imports | +3.4% | 27 | 3753 | USADeclining | $134.3M |
| 7 | HS 999999Commodities not specified according to kind | $41.1MLatest imports | +7.1% | 80 | 6978 | SGPDeclining | $50.6M |
| 8 | HS 271012Product description unavailable | $32.5MLatest imports | +3.0% | 5 | 9540 | USADeclining | $35.5M |
| 9 | HS 300490Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale | $31.3MLatest imports | +9.0% | 34 | 3705 | GBRDeclining | $40.6M |
| 10 | HS 880220Aeroplanes and other aircraft: of an unladen weight not exceeding 2000kg | $5.2MLatest imports | +51.6% | 2 | 10000 | USADeclining | $10.2M |
| 11 | HS 190590Food preparations: bakers' wares n.e.c. in heading no. 1605, whether or not containing cocoa: communion wafers, empty cachets suitable for pharmaceutical use, sealing wafers, rice papers and similar products | $10.7MLatest imports | -1.2% | 26 | 8476 | USADeclining | $10.3M |
| 12 | HS 220210Waters: including mineral and aerated, containing added sugar or other sweetening matter or flavoured | $8.4MLatest imports | +4.0% | 23 | 6959 | USADeclining | $9.5M |
| 13 | HS 940360Furniture: wooden, other than for office, kitchen or bedroom use | $10.0MLatest imports | +2.8% | 31 | 5489 | USADeclining | $10.9M |
| 14 | HS 841480Pumps and compressors: for air, vacuum or gas, n.e.s. in heading no. 8414 | $5.2MLatest imports | +17.0% | 11 | 7885 | DEUGrowing | $8.3M |
| 15 | HS 020130Meat: of bovine animals, boneless cuts, fresh or chilled | $6.8MLatest imports | +2.9% | 2 | 10000 | USADeclining | $7.4M |
| 16 | HS 020714Meat and edible offal: of fowls of the species Gallus domesticus, cuts and offal, frozen | $6.7MLatest imports | +5.1% | 4 | 9034 | USADeclining | $7.7M |
| 17 | HS 382200Reagents: diagnostic or laboratory reagents on a backing and prepared diagnostic or laboratory reagents whether or not on a backing, other than those of heading no. 3002 or 3006: certified reference material | $5.7MLatest imports | +11.4% | 23 | 7810 | USADeclining | $7.9M |
| 18 | HS 210690Food preparations: n.e.s. in item no. 2106.10 | $7.9MLatest imports | +0.5% | 39 | 7581 | USADeclining | $8.0M |
| 19 | HS 080810Fruit, edible: apples, fresh | $4.2MLatest imports | +16.8% | 3 | 9995 | USAGrowing | $6.8M |
| 20 | HS 841510Air conditioning machines: comprising a motor-driven fan and elements for changing the temperature and humidity, window or wall types, self-contained or split-system | $6.1MLatest imports | +6.2% | 9 | 8442 | USADeclining | $7.3M |
| 21 | HS 080390Fruit, edible: bananas, other than plantains, fresh or dried | $7.2MLatest imports | -5.4% | 4 | 9256 | USADeclining | $6.1M |
| 22 | HS 392520Plastics: builders' ware, doors, windows and their frames and thresholds for doors | $5.6MLatest imports | +8.8% | 8 | 6290 | USASlowing | $7.2M |
| 23 | HS 847130Data processing machines: portable, digital and automatic, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display | $5.6MLatest imports | +3.3% | 24 | 8380 | USASlowing | $6.1M |
| 24 | HS 871640Trailers and semi-trailers: n.e.c. in item no. 8716.3 | $3.7MLatest imports | +15.5% | 4 | 9721 | USADeclining | $5.7M |
| 25 | HS 851712Telephones for cellular networks or for other wireless networks | $4.4MLatest imports | +8.0% | 13 | 9398 | USASlowing | $5.6M |
| 26 | HS 851762Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus | $5.9MLatest imports | +2.1% | 33 | 7211 | USAGrowing | $6.3M |
| 27 | HS 220421Wine: still, in containers holding 2 litres or less | $12.5MLatest imports | +4.7% | 25 | 2528 | USADeclining | $14.3M |
| 28 | HS 210390Sauces and preparations therefor: mixed condiments and mixed seasonings | $6.9MLatest imports | +7.8% | 20 | 5043 | USADeclining | $8.6M |
| 29 | HS 890400Tugs and pusher craft | $5.4MLatest imports | +78.9% | 2 | 9993 | NLDAccelerating | $10.5M |
| 30 | HS 040310Dairy produce: yoghurt, whether or not concentrated or containing added sugar or other sweetening matter or flavoured or containing added fruit or cocoa | $2.7MLatest imports | +50.4% | 4 | 8660 | USAGrowing | $5.2M |
| 31 | HS 901890Medical, surgical or dental instruments and appliances: n.e.c. in heading no. 9018 | $5.1MLatest imports | +4.1% | 19 | 7210 | USASlowing | $5.7M |
| 32 | HS 020713Meat and edible offal: of the poultry of heading no. 0105, of fowls of the species gallus domesticus, cuts and offal, fresh or chilled | $4.2MLatest imports | +4.9% | 2 | 9281 | USADeclining | $4.8M |
| 33 | HS 852872Reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus: incorporating a colour video display or screen | $4.0MLatest imports | +4.3% | 10 | 9784 | USASlowing | $4.6M |
| 34 | HS 070519Vegetables: lettuce (lactuca sativa), (other than cabbage lettuce), fresh or chilled | $2.3MLatest imports | +37.4% | 2 | 10000 | USASlowing | $4.5M |
| 35 | HS 890399Yachts and other vessels: for pleasure or sports, rowing boats and canoes, n.e.s. in heading no. 8903, other than inflatable | $3.9MLatest imports | +5.4% | 7 | 9059 | USADeclining | $4.5M |
| 36 | HS 970500Collections and collectors' pieces: of zoological, botanical, mineralogical, anatomical, historical, archaeological, palaeontological, ethnographic or numismatic interest | $2.2MLatest imports | +28.2% | 3 | 9595 | GBRDeclining | $4.2M |
| 37 | HS 940340Furniture: wooden, for kitchen use | $5.0MLatest imports | +3.5% | 11 | 5808 | USAStable | $5.6M |
| 38 | HS 340220Washing and cleaning preparations: surface-active, whether or not containing soap (excluding those of heading no. 3401), put up for retail sale | $3.9MLatest imports | +1.3% | 14 | 9458 | USADeclining | $4.0M |
| 39 | HS 851770Telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts | $3.8MLatest imports | +1.3% | 13 | 9437 | USAStable | $3.9M |
| 40 | HS 230910Dog or cat food: put up for retail sale, used in animal feeding | $3.6MLatest imports | +3.9% | 5 | 8614 | USAGrowing | $4.1M |
| 41 | HS 850440Electrical static converters | $3.3MLatest imports | +13.4% | 26 | 6035 | USADeclining | $4.9M |
| 42 | HS 901819Medical, surgical instruments and appliances: electro-diagnostic apparatus (including apparatus for functional exploratory examination or for checking physiological parameters), n.e.s. in item no. 9018.1 | $2.9MLatest imports | +7.9% | 8 | 9066 | USADeclining | $3.6M |
| 43 | HS 870322Vehicles: with only spark-ignition internal combustion piston engine, cylinder capacity over 1000 but not over 1500cc | $8.7MLatest imports | +0.9% | 10 | 2346 | INDDeclining | $8.9M |
| 44 | HS 940161Seats: with wooden frames, upholstered, (excluding medical, surgical, dental, veterinary or barber furniture) | $2.9MLatest imports | +10.2% | 17 | 7582 | USAStable | $3.9M |
| 45 | HS 020230Meat: of bovine animals, boneless cuts, frozen | $4.1MLatest imports | +1.2% | 5 | 6219 | USADeclining | $4.3M |
| 46 | HS 870340Vehicles: with both spark-ignition internal combustion piston engine and electric motor for propulsion, incapable of being charged by plugging to external source of electric power | $4.5MLatest imports | +5.7% | 7 | 4271 | THADeclining | $5.4M |
| 47 | HS 330499Cosmetic and toilet preparations: n.e.c. in heading no. 3304, for the care of the skin (excluding medicaments, including sunscreen or sun tan preparations) | $3.4MLatest imports | +4.1% | 41 | 6675 | USADeclining | $3.8M |
| 48 | HS 711319Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof | $3.3MLatest imports | +0.1% | 18 | 8398 | USASlowing | $3.3M |
| 49 | HS 320910Paints and varnishes: based on acrylic or vinyl polymers, dispersed or dissolved in an aqueous medium | $2.6MLatest imports | +5.7% | 3 | 9051 | USADeclining | $3.0M |
| 50 | HS 210500Ice cream and other edible ice: whether or not containing cocoa | $2.6MLatest imports | +3.4% | 6 | 9483 | USADeclining | $2.9M |
Showing the five highest-ranked products on mobile. View the complete import opportunity data.
Product sectors
Which sectors carry the most demand?
HS2 sectors group the screened products into broader families for an easier first comparison.
| Sector | Products | Market size | Opportunity | Average growth |
|---|---|---|---|---|
| ShipsHS2 89 | 5 | $2.0B | $2.9B | +24.5% |
| Railway equipmentHS2 86 | 1 | $215.3M | $297.7M | +11.5% |
| Printed matterHS2 49 | 1 | $77.1M | $116.2M | +15.5% |
| HS2 sector 00HS2 00 | 2 | $154.0M | $109.3M | +3.2% |
| HS2 sector 99HS2 99 | 1 | $41.1M | $41.9M | +7.1% |
| Pharmaceutical productsHS2 30 | 1 | $31.3M | $22.8M | +9.0% |
| Electrical equipmentHS2 85 | 5 | $21.4M | $22.7M | +5.8% |
| Meat and edible meat offalHS2 02 | 4 | $21.7M | $22.6M | +3.5% |
| MachineryHS2 84 | 3 | $16.9M | $19.7M | +8.8% |
| Furniture and lightingHS2 94 | 3 | $17.9M | $15.3M | +5.5% |
| Miscellaneous edible preparationsHS2 21 | 3 | $17.4M | $15.0M | +3.9% |
| BeveragesHS2 22 | 2 | $20.9M | $13.1M | +4.3% |
Supply gaps
Where supplier concentration deserves attention
The concentration index helps identify products where reported imports rely more heavily on a smaller supplier base. It is a screening signal, not a recommendation by itself.
| Product | Market size | Suppliers | Concentration | Top supplier | Share gap |
|---|---|---|---|---|---|
| HS 890110Cruise ships, excursion boats and similar vessels, principally designed for the transport of persons, ferry boats of all kinds | $296.5M | 1 | 10000 | NOR | 100.0% |
| HS 880220Aeroplanes and other aircraft: of an unladen weight not exceeding 2000kg | $5.2M | 2 | 10000 | USA | 100.0% |
| HS 070519Vegetables: lettuce (lactuca sativa), (other than cabbage lettuce), fresh or chilled | $2.3M | 2 | 10000 | USA | 100.0% |
| HS 020130Meat: of bovine animals, boneless cuts, fresh or chilled | $6.8M | 2 | 10000 | USA | 100.0% |
| HS 080810Fruit, edible: apples, fresh | $4.2M | 3 | 9995 | USA | 100.0% |
| HS 890190Vessels: n.e.s. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods | $1.2B | 3 | 9994 | KOR | 100.0% |
| HS 890400Tugs and pusher craft | $5.4M | 2 | 9993 | NLD | 47.9% |
| HS 890120Tankers | $461.6M | 2 | 9971 | KOR | 99.9% |
Supplier landscape
Which supplier markets appear most often?
These supplier names come from the leading peer signal in the screened opportunity rows and should be validated at product level.
KOR
Republic of Korea
2 screened products
$2.4BCalculated opportunity across these rowsNOR
Norway
1 screened products
$487.0MCalculated opportunity across these rowsUSA
USA, Puerto Rico and US Virgin Islands
39 screened products
$415.7MCalculated opportunity across these rowsCHN
China
1 screened products
$297.7MCalculated opportunity across these rowsSGP
Singapore
1 screened products
$41.9MCalculated opportunity across these rowsGBR
United Kingdom
2 screened products
$26.9MCalculated opportunity across these rowsDEU
Germany
1 screened products
$7.4MCalculated opportunity across these rowsNLD
Netherlands
1 screened products
$5.0MCalculated opportunity across these rowsFrequently asked questions
Using the Bermuda import opportunity index
Definitions and practical guidance for interpreting market size, growth, suppliers, and concentration.
What are the import opportunities?
They are product and supplier combinations in Bermuda's screened import market with substantial reported demand and calculated opportunity indicators. They are research priorities, not guaranteed savings or supply contracts.
What does supplier concentration mean?
The concentration index indicates how much reported imports rely on a smaller supplier base. A high value can suggest supply dependence, but it can also reflect specialized products or limited reporting.
How should sourcing teams use this page?
Start with products that fit your specification and volume needs, then validate suppliers, tariffs, standards, logistics, pricing, and continuity for Bermuda.
Data source
OECD trade statistics with CEPII context
OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-30). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.