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Export from Bermuda
A short guide for companies selling from Bermuda: the export figures, the agreements and their limits, the main steps and who can help, each with its source.
1. What Bermuda sells, and who buys it
Goods exports
US$42.3 million
Merchandise exports were US$42,279,114.85 in 2025, as UN Comtrade reports them (flow X, which includes re-exports).
Source: UN Comtrade, Bermuda exports by destination, 2025 (opens in a new tab) · as of 2025
Services exports
Services receipts were BD$1,961 million in 2025, the sum of the four 2025 quarters as revised in the Department of Statistics first-quarter 2026 balance of payments.
Source: Department of Statistics, balance of payments, Q1 2026 (opens in a new tab) · as of 2025
Top goods exports
2025
- 1. Aircraft parts (HS 8807)US$33.7 million
- 2. Vessels other than rowing boats (HS 8906)US$1.87 million
- 3. Gaskets and metal joints (HS 8484)US$674,899
- 4. Yachts and pleasure boats (HS 8903)US$504,834
- 5. Perfumery, shaving and bath preparations (HS 3307)US$405,680
- 6. Broadcasting and television transmission equipment (HS 8525)US$308,387
- 7. Film cameras and projectors (HS 9007)US$280,446
- 8. Wristwatches and stopwatches (HS 9102)US$280,178
Show 12 more products
- 9. Electrical switches and connectors (HS 8536)US$202,302
- 10. Wine (HS 2204)US$139,585
- 11. Spirits (HS 2208)US$128,495
- 12. Tarpaulins, awnings and tents (HS 6306)US$124,550
- 13. Machines with individual functions (HS 8479)US$118,938
- 14. Material testing machines (HS 9024)US$118,021
- 15. Automatic regulating and controlling instruments (HS 9032)US$105,201
- 16. Engine parts (HS 8409)US$104,483
- 17. Air pumps, compressors and fans (HS 8414)US$98,079
- 18. Computers and data processing machines (HS 8471)US$94,230
- 19. Insulated wire and cable (HS 8544)US$92,761
- 20. Perfumes and toilet waters (HS 3303)US$87,376
- Flow X includes re-exports, and UN Comtrade returned no re-export (flow RX) records for Bermuda for 2025, so no goods line is suggested in the picker. Source (opens in a new tab)
- Commodities not specified by kind (HS 9999) were 38.3 percent of 2024 exports and 0.7 percent of 2025 exports; they are in each total but not ranked. Source (opens in a new tab)
- Aircraft parts (HS 8807) are 79.7 percent of 2025 merchandise exports, and no other line is above 4.4 percent. Source (opens in a new tab)
- The Department of Statistics balance of payments records goods exports of BD$11 million in 2025, a different measure from the UN Comtrade total used here. Source (opens in a new tab)
- Exports fell from US$68.3 million in 2024 to US$42.3 million in 2025 mostly because unspecified commodities (HS 9999) fell by US$25.9 million; aircraft parts rose by US$5.9 million. Source (opens in a new tab)
- With 38.3 percent of 2024 exports unspecified by kind, a line's 2024 value can understate its trade; read changes on the prior year with care. Source (opens in a new tab)
Source: UN Comtrade, Bermuda exports by product, 2025 (opens in a new tab) · as of 2025
Where the goods go
2025, share of goods exports
- United States96.2%
- Dominican Republic1.6%
- United Kingdom1.4%
- Canada0.5%
- New Zealand0.1%
- China0.1%
- Partners report US$89.5 million of imports from Bermuda in 2025, led by the United States and Indonesia; this guide ranks Bermuda's own data. Source (opens in a new tab)
Source: UN Comtrade, Bermuda exports by destination, 2025 (opens in a new tab) · as of 2025
- Only 8 product lines reach 0.5 percent of 2025 exports and US$50,000, and no line below rank 30 reaches US$1 million. Source (opens in a new tab)
2. What to look into next
Our reading
The research marks perfumery, shaving and bath preparations, wristwatches and stopwatches and wine as lines a small or mid-sized company could be in. If yours is one, check which markets buy that line, not only Bermuda’s top destinations overall.
Source: UN Comtrade, Bermuda exports by product, 2025 (opens in a new tab) · as of November 1, 2026
Based on: Top goods exports
The United States takes 96.2% of Bermuda’s goods exports. If you sell there, its import rules and buyer channels come first; either way, compare at least one other market before you commit.
Source: UN Comtrade, Bermuda exports by destination, 2025 (opens in a new tab) · as of November 1, 2026
Based on: Where the goods go
Promote:Global’s reading of the figures above, not a source’s statement, and not advice.
3. Trade agreements
What each arrangement can mean for a seller, and its limits. A preference is conditional: check the rules of origin before you quote.
Arrangement for import duty on trade in goods from certain British Overseas Territories
A seller can ship goods that originate in Bermuda to the United Kingdom free of import duty.
Rules-based preference: goods must meet the arrangement's origin rules and carry a EUR.1 certificate or an origin declaration. Check the November 9, 2020 text before you claim it.
Source: United Kingdom, arrangement for Overseas Territories goods, November 2020 (opens in a new tab) · as of November 9, 2020
United Kingdom-European Union Trade and Cooperation Agreement
A seller cannot rely on this agreement for Bermuda goods: its Article 774(4) names Bermuda among the territories it does not apply to.
The treaty's territorial scope article excludes the listed Overseas Territories. Check the importing country's own treatment of Bermuda goods before you quote.
Source: United Kingdom Treaty Series, European Union agreement text, 2021 (opens in a new tab) · as of April 30, 2021
4. Steps to export
The main steps, in order, each with the body responsible and its official page.
Exporting from Bermuda
- Apply for a free CAPS ID number before you submit an export declaration.Customs DepartmentNormally within 2 to 5 business days; no feeOfficial page (opens in a new tab)
Source: Customs Department, CAPS ID number application (opens in a new tab) · as of November 1, 2026
- Submit a Bermuda Customs Declaration electronically through CAPS or the Web Trader service, using the export procedure code.Customs DepartmentOfficial page (opens in a new tab)
Source: Customs Department, BCD export guidelines, March 2011 (opens in a new tab) · as of March 4, 2011
- For plants, seeds, fruit or plant products, apply for an export permit and phytosanitary certificate and deliver the items for inspection.Department of Environment and Natural ResourcesBD$40, or BD$50 same day; inspection about 2 to 3 daysOfficial page (opens in a new tab)
Source: Government of Bermuda, plant material export application (opens in a new tab) · as of November 1, 2026
- For controlled chemicals, apply for a permit to export them.Department of Environment and Natural ResourcesOfficial page (opens in a new tab)
Source: Department of Environment and Natural Resources, imports and exports (opens in a new tab) · as of November 1, 2026
Show 1 more export step
- Check the United Kingdom Sanctions List and the Bermuda Designation List before you transact.Financial Sanctions Implementation UnitOfficial page (opens in a new tab)
Source: Financial Sanctions Implementation Unit, sanctions page, October 2026 (opens in a new tab) · as of October 30, 2026
5. Organizations that help exporters
Start with Customs and Statistics Department. Each card links to the organization’s own site.
Each card says what it can help with:Get adviceFind financeMeet requirementsResearch markets
Export development and market information
- Research markets
National statistics office
Statistics Department
Department of Statistics
Publishes national accounts, balance of payments, price and employment statistics.
Visit Statistics Department (opens in a new tab)Source: Government of Bermuda, Department of Statistics page (opens in a new tab) · as of November 1, 2026
- Get advice
Small business support agency
BEDC
Bermuda Economic Development Corporation
Advises and finances small and medium-sized Bermudian businesses and runs the four Economic Empowerment Zones.
Visit BEDC (opens in a new tab)Source: Government of Bermuda, Economic Development Corporation page (opens in a new tab) · as of November 1, 2026
Customs and tax
- Meet requirements
Customs authority
Customs
Customs Department
Takes export declarations through its CAPS system, issues CAPS ID numbers and enforces import and export restrictions.
Visit Customs (opens in a new tab)Source: Customs Department, Bermuda Customs Declaration, 2025 (opens in a new tab) · as of July 1, 2025
- Meet requirements
Tax administration office
OTC
Office of the Tax Commissioner
Registers employers for payroll tax and administers payroll, land, stamp and other business taxes.
Visit OTC (opens in a new tab)Source: Office of the Tax Commissioner, registering a tax account, 2026 (opens in a new tab) · as of August 5, 2026
Show 1 more organization
- Meet requirements
Corporate income tax authority
CITA
Corporate Income Tax Agency
Administers corporate income tax and tax credit benefits for large multinational groups, and tax information exchange.
Visit CITA (opens in a new tab)Source: Corporate Income Tax Agency, home page, October 2026 notices (opens in a new tab) · as of November 1, 2026
Standards and sector requirements
- Meet requirements
Plant, animal and environment department
DENR
Department of Environment and Natural Resources
Issues export permits and phytosanitary certificates for plant material, and permits for exporting controlled chemicals.
Visit DENR (opens in a new tab)Source: Government of Bermuda, plant material export application (opens in a new tab) · as of November 1, 2026
- Meet requirements
Financial regulator and currency issuer
BMA
Bermuda Monetary Authority
Licenses and supervises banks, insurers, funds, trust, digital asset and other financial businesses, issues the currency and manages exchange control.
Visit BMA (opens in a new tab)Source: Bermuda Monetary Authority, about page (opens in a new tab) · as of November 1, 2026
Show 1 more organization
Financial sanctions unit
FSIU
Financial Sanctions Implementation Unit
Publishes sanctions lists and updates and carries out targeted financial sanctions in Bermuda.
Visit FSIU (opens in a new tab)Source: Financial Sanctions Implementation Unit, sanctions page, October 2026 (opens in a new tab) · as of October 30, 2026
Chambers and industry associations
- Get advice
Insurance industry association
ABIR
Association of Bermuda Insurers and Reinsurers
Represents the public policy interests of Bermuda's international insurers and reinsurers.
Visit ABIR (opens in a new tab)Source: Association of Bermuda Insurers and Reinsurers, about page, 2026 (opens in a new tab) · as of October 15, 2026
6. Worth knowing
Goods exports are small
Balance of payments goods exports were BD$11 million in 2025, against BD$1,961 million of services receipts over the four revised 2025 quarters, so services are most of what Bermuda sells.
What to do: Check whether your sales are services or goods before you choose the route.
Sources: Department of Statistics, balance of payments, Q1 2026 (opens in a new tab); Department of Statistics, balance of payments, Q4 2025 (opens in a new tab) · as of November 1, 2026
United States tariffs
A July 23, 2026 memorandum directs Section 301 tariffs on 60 named economies, not Bermuda, and a July 9, 2026 proclamation ordered negotiations, not tariffs, on aircraft, engines and parts.
What to do: Confirm the current United States duty on your product with your importer before you quote a price.
Sources: Federal Register, presidential memorandum on Section 301 tariffs, July 2026 (opens in a new tab); Federal Register, Section 232 aircraft proclamation, July 2026 (opens in a new tab) · as of July 28, 2026
Currency and settlement
The Bermuda dollar is at par with the United States dollar, and customs applied a rate of 1.0000 in its weekly rates for October 29 to November 4, 2026.
What to do: Confirm with your bank which currency you will invoice and settle in before you set prices.
Sources: Customs Department, weekly exchange rates, October 29 2026 (opens in a new tab); Bermuda Monetary Authority, Annual Report 2024 (opens in a new tab) · as of October 29, 2026
7. How Promote:Global helps
- Compare potential export marketsSee which markets import what you sell, ranked on public trade data, and read each country before you commit.
- Check duties and document requirementsCheck the duty, the origin conditions for a preferential rate and the documents a shipment needs.
- Find advisors and service firmsAsk an advisory firm a scoped, paid question, or browse firms that list their own services, from legal work to logistics.
- Organize your next stepsKeep each product and market in a project, with a roadmap of steps you work through.
Turn this guide into your Bermuda project.
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Promote:Bermuda is an independent guide by Promote:Global, not an official government portal. The organizations named here are independent public and membership bodies, not Promote:Global partners, and every link goes to their own site.
Facts read from public sources, with an editorial cut-off of November 1, 2026. Nothing here is investment, legal, tax or sanctions advice. Check current status with the organization before you rely on it.