Which countries and regions are Bermuda’s major trading partners?

Bermuda’s economy is heavily reliant on imports, as the island produces very little of its own food and goods. Consequently, the territory maintains strong trade relationships with several key nations and regions to meet its needs.

The primary trading partners for Bermuda include:

• United States: The most significant partner, supplying nearly seven-tenths of the value of all goods imported into the territory.1
• European Union: A major source for various imports.1
• Canada: A key trading partner for the island.1
• Caribbean countries: Various nations within this region also serve as important trade partners.1

Because Bermuda’s domestic production is limited to small-scale agriculture, fishing, and light manufacturing, these international partnerships are essential for sustaining the island's market economy.1