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

Overview
Bermuda’s financial intermediaries - investment funds, trusts, pension fund administration, collective investment schemes, hedge funds, and banking - have historically performed well in the global and local markets. In 2014, the financial intermediation sector was the third largest contributor to Bermuda’s economy, accounting for $687.9 million or 12.2% of total GDP output, although the value added for this industry remained well below the peak level recorded in 2008. The sector decreased $43.9 million from 2013 to 2014, the most recent year for which data are available.

Sub-Sector Best Prospects
The best prospects for U.S. investment in the financial intermediation/management sector are in investment funds, trusts, pension fund administration, collective investment schemes, hedge funds, and banking.

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

Web Resources
Bermuda Business Development Agency: http://bermudabda.com/  
Bermuda Monetary Authority: www.bma.bm  
Ministry of Finance www.gov.bm  
Registrar of Companies: www.roc.gov  

 

 

2014

2015

2016

2017
(estimated)

Market Size:

2,253

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Local Production

$687,900

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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.