Bermuda (BMU) and Australia (AUS) Trade | The Observatory of Economic Complexity

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Bermuda-Australia Trade: In 2022, Bermuda exported $164k to Australia. The main products that Bermuda exported to Australia were Hard Liquor ($108k), Flavored Water ($11.2k), and Electric Motors ($2.4k). Over the past 5 years the exports of Bermuda to Australia have increased at an annualized rate of 79.5%, from $8.79k in 2017 to $164k in 2022.

In 2022, Bermuda did not export any services to Australia.

Australia-Bermuda Trade: In 2022, Australia exported $899k to Bermuda. The main products that Australia exported to Bermuda were Wine ($131k), Other Furniture ($82.8k), and Beauty Products ($37.8k). Over the past 5 years the exports of Australia to Bermuda have increased at an annualized rate of 17.8%, from $397k in 2017 to $899k in 2022.

In 2022, Australia did not export any services to Bermuda.

Comparison In 2022, Bermuda ranked 199 in total exports ($68.1M), and does not have data regarding Economic Complexity Index. That same year, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bermuda exported $164k to Australia. The main products exported from Bermuda to Australia were Hard Liquor ($108k), Flavored Water ($11.2k), and Electric Motors ($2.4k). During the last 5 years the exports of Bermuda to Australia have increased at an annualized rate of 79.5%, from $8.79k in 2017 to $164k in 2022.

In 2017, Australia exported $899k to Bermuda. The main products exported from Australia to Bermuda were Wine ($131k), Other Furniture ($82.8k), and Beauty Products ($37.8k). During the last 22 years the exports of Australia to Bermuda have increased at an annualized rate of 17.8%, from $397k in 1995 to $899k in 2017.

Exports from Bermuda () to Australia () (2022)

Exports from Australia () to Bermuda () (2022)

Latest Data

Trade between Bermuda () and Australia ()

Bermuda Exports

Date

Australia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bermuda
Top DestinationN/AN/A

Australia
Top DestinationN/AN/A

This map shows whether countries import more from Bermuda or Australia. Each country is colored based on the difference in imports they receive from Bermuda and Australia or the difference in the growth in imports.

N/A

Difference in imports from Australia () and Bermuda () (2022)

Comparative Advantage Bermuda - Australia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Bermuda and Australia by product, considering products traded by both, Bermuda and Australia.

During 2022, Bermuda had a large net trade with Australia in the exports of Foodstuffs ($119k), Machines ($3.28k), and Plastics and Rubbers ($1.04k).

During 2017, Australia had a large net trade with Bermuda in the exports of Foodstuffs ($133k), Miscellaneous ($132k), and Chemical Products ($45.9k).

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Bermuda and Australia. This means that a dot/product with the flag of Bermuda indicates it has a comparative advantage over Australia. Similarly, a dot/product with the flag of Australia indicates it has a comparative advantage over Bermuda.

About

Historical Data

Bilateral Trade by Products

Exports from Bermuda () to Australia () (2022)

Exports from Australia () to Bermuda () (2022)

Latest Data

Trade between Bermuda () and Australia ()

Bermuda Exports

Australia Exports

Market Competitiveness

Difference in imports from Australia () and Bermuda () (2022)

Comparative Advantage Bermuda - Australia

Economic Complexity

Competitive Landscape

Product Space of Bermuda () and Australia () (2022)

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