This is a best prospect industry sector for this country. Includes a market overview and trade data.

Overview

Agriculture: Food supplies derive primarily from the U.S. and Canada, as agriculture does not play a significant role in Bermuda's economy.  The U.S., Canada, UK, Republic of Ireland and New Zealand are the source for most of Bermuda’s dairy products. A local company, Dunkley’s Dairy, has a monopoly on the production and sale of fresh cow’s milk. Bermudian farmers produce milk, eggs, carrots, bananas, grapefruit, oranges, and other fruits and vegetables. When certain locally grown fruits and vegetables are in season (and premium priced), temporary embargoes are placed on the importation of competing produce to allow local farmers to take advantage. While there is some cultivation of flowers for the local market, many indoor and outdoor plants are imported into Bermuda for resale by local nurseries. The Department of Environmental Protection employs tight restrictions to control/prevent the importation of harmful pests and diseases.

Forestry: There is little/no forestry in Bermuda. Any cultivation of trees is closely regulated by the Ministry of Health, Seniors and Environment, under the 1986 Bermuda National Parks Act, and the 1988 Bermuda National Parks Regulations. Most wood and lumber products are imported from the U.S. and Canada.

Fisheries: Bermuda has no factory fisheries. Local fishermen sell their small catches directly to the public, restaurants, and grocery stores. Wholesalers import fish and seafood for sale to markets and restaurants. For more information on fishing restrictions and how to obtain fishing licenses, contact the Department of Environmental Protection in the Ministry of Health, Seniors and Environment.

Quarrying: Quarrying of local limestone - used primarily for roofing - does not factor greatly into GDP. No mining, either land-based or offshore, exists in Bermuda.

Sub-Sector Best Prospects

There is no information on specific prospects at this time.
 

Opportunities

There is no information on specific investment opportunities at this time.
 

Web Resources

Ministry of Health, Seniors and Environment: www.gov.bm  

Ministry of Public Works: www.gov.bm  

Department of Environmental Protection: www.gov.bm

 

 

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Market Size

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Local Production

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Imports

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Exports

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Total Market Size

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$US thousands (total market size = (total local production + imports) - exports)

Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.