Key Market Indicators
Bermudian metal exports are set to hit $330 million by 2026, up from $286 million in 2021. This marks an average growth of 2.4% year-on-year since 2017, when exports increased by a whopping 34.9%. In 2021, Bermuda was ranked 114th in the world for metal exports, with Guyana surpassing it at $286 million. Germany, the United States, and Japan followed as the world's top three exporters. Meanwhile, metal imports to Bermuda are projected to reach $3.3 billion by 2026, up from $3 billion in 2021. This marks a year-on-year growth of 1.4% since 2015, when imports rose by 0.8%. In 2021, Bermuda placed 133rd worldwide in metal imports, with Seychelles taking the lead at $3 billion. Germany, China, and Mexico followed as the top three importers.
