Bermuda - Transport services

Transport services (% of service imports, BoP)

Transport services (% of service imports, BoP) in Bermuda was 19.56 as of 2020. Its highest value over the past 14 years was 35.77 in 2006, while its lowest value was 19.56 in 2020.

Definition: Transport covers all transport services (sea, air, land, internal waterway, pipeline, space and electricity transmission) performed by residents of one economy for those of another and involving the carriage of passengers, the movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Also included are postal and courier services. Excluded are freight insurance (included in insurance services); goods procured in ports by nonresident carriers (included in goods); maintenance and repairs on transport equipment (included in maintenance and repair services n.i.e.); and repairs of railway facilities, harbors, and airfield facilities (included in construction).

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
2006 35.77
2007 33.68
2008 33.15
2009 27.90
2010 26.75
2011 27.58
2012 27.08
2013 28.19
2014 26.22
2015 29.30
2016 28.31
2017 28.60
2018 21.17
2019 22.39
2020 19.56

Transport services (% of service exports, BoP)

Transport services (% of service exports, BoP) in Bermuda was 3.90 as of 2020. Its highest value over the past 14 years was 4.57 in 2008, while its lowest value was 2.46 in 2014.

Definition: Transport covers all transport services (sea, air, land, internal waterway, pipeline, space and electricity transmission) performed by residents of one economy for those of another and involving the carriage of passengers, the movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Also included are postal and courier services. Excluded are freight insurance (included in insurance services); goods procured in ports by nonresident carriers (included in goods); maintenance and repairs on transport equipment (included in maintenance and repair services n.i.e.); and repairs of railway facilities, harbors, and airfield facilities (included in construction).

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
2006 3.45
2007 4.36
2008 4.57
2009 4.02
2010 2.61
2011 2.78
2012 3.20
2013 3.08
2014 2.46
2015 2.81
2016 2.71
2017 2.57
2018 2.71
2019 3.60
2020 3.90

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments