The value of goods imported into Bermuda fell almost ten percent in the first quarter, according to statistics released by Government today.The $219 million of goods that came in during the first three months of the year was $24 million less than during the same period in 2010.The biggest falls came in machinery, which plunged by $12 million, fuels (down $9 million) and food and beverages (down $6 million).Partly as a result of the fall in imports, the Island's balance of payments which represents the balance of economic transactions between Bermuda resident entities and the rest of the world widened during the quarter to $154 million, up $53 million year over year.Services transactions, including insurance, business services and travel, recorded a $100 million surplus for the quarter, up $29 million on the first quarter of 2010.Financial account transactions produced a net outflow of $450 million, compared to a net inflow of $71 million last year. It was the third successive quarter of net outflows in excess of $400 million.