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Annual data from Bureau of Economic Analysis (BEA) | Latest: 2024
In 2024, the United States exported $9.3B in services to Bermuda and imported $55.8B, running a $46.5B services deficit. Insurance services accounted for the largest share of two-way services trade. Source: U.S. Bureau of Economic Analysis (BEA).
Services Exports
$9.3B
To Bermuda (2024, Annual)
Services Imports
$55.8B
From Bermuda (2024, Annual)
Services Trade Balance
-$46.5B
U.S. services deficit with Bermuda
| Service Type | Exports | Imports |
|---|---|---|
| Insurance services | $4.2B | $54.4B |
| Reinsurance services | $2.6B | $50.4B |
| Direct insurance services | $20.0M | $3.6B |
| Financial services | $3.2B | $167.0M |
| Explicitly charged and other financial services | $2.7B | $161.0M |
| Financial management services | $2.0B | $76.0M |
| Auxiliary insurance services | $1.6B | $361.0M |
| Other business services | $1.1B | $223.0M |
| Professional and management consulting services | $971.0M | $149.0M |
| Travel services | $166.0M | $456.0M |
| Transport services | $239.0M | $352.0M |
| Personal travel services | $151.0M | $411.0M |
-- Data suppressed by BEA for confidentiality (D)
Insurance services
$4.2B
$54.4B
Reinsurance services
$2.6B
$50.4B
Direct insurance services
$20.0M
$3.6B
Financial services
$3.2B
$167.0M
Explicitly charged and other financial services
$2.7B
$161.0M
Financial management services
$2.0B
$76.0M
Auxiliary insurance services
$1.6B
$361.0M
Other business services
$1.1B
$223.0M
Professional and management consulting services
$971.0M
$149.0M
Travel services
$166.0M
$456.0M
Transport services
$239.0M
$352.0M
Personal travel services
$151.0M
$411.0M