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Bermuda: Merchandise exports to high-income economies (% of total merchandise exports)

In , Bermuda's Merchandise exports to high-income economies (% of total merchandise exports) was 71.84.

That's up 34.6% from 2022, the highest value since .

The global average for this indicator in 2023 was 60.91 . Bermuda ranks #84 globally out of 205 reporting countries. Within North America, it ranks #2 of 3.

Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS) • Data as of 2023

Trend (2004–2023)

Bermuda Merchandise exports to high-income economies (% of total merchandise exports) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
99.87
Trough
13.44
1-year change
+34.6%
5-year change
+434.5%
+39.8% / yr
10-year change
-10.4%
-1.1% / yr

Historical Data — Last 10 Years

Year Merchandise exports to high-income economies (% of total merchandise exports)
71.8442
53.3589
64.3054
47.2446
50.0529
13.4423
26.8740
81.3411
87.1602
39.0785

About Merchandise exports to high-income economies (% of total merchandise exports)

Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Indicator code: TX.VAL.MRCH.HI.ZSCategory: Trade & Finance

Frequently asked questions

What was Bermuda's Merchandise exports to high-income economies (% of total merchandise exports) in 2023?
In 2023, Bermuda's Merchandise exports to high-income economies (% of total merchandise exports) was 71.84, according to World Bank Open Data.
Is Bermuda's Merchandise exports to high-income economies (% of total merchandise exports) rising or falling?
Bermuda's Merchandise exports to high-income economies (% of total merchandise exports) rose 34.6% from 2022 to 2023.
How does Bermuda rank globally on Merchandise exports to high-income economies (% of total merchandise exports)?
In 2023, Bermuda ranked #84 out of 205 countries reporting Merchandise exports to high-income economies (% of total merchandise exports).
How does Bermuda's Merchandise exports to high-income economies (% of total merchandise exports) compare to the world average?
The global average for Merchandise exports to high-income economies (% of total merchandise exports) in 2023 was 60.91, so Bermuda is above the world average. Within North America, it ranks #2 of 3.
What is Merchandise exports to high-income economies (% of total merchandise exports) and how is it measured?
Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
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Source: World Bank Open Data (TX.VAL.MRCH.HI.ZS), CC BY 4.0.