Key Market Indicators
Bermudian leather goods exports are on the rise, with a 54.7% year-on-year increase since 2017. However, the country's exports are expected to dip 2.7% year-on-year on average through 2026, reaching $1,060. Meanwhile, imports of leather goods into Bermuda are expected to increase 0.5% year-on-year on average through 2026, reaching $303,140. Since 2015, imports have fallen 4.5% year-on-year. In 2021, Bermuda ranked 123rd in this regard, with Fiji ahead of it at $294,830. Germany, France and Italy followed in 2nd, 3rd and 4th place, respectively.
