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2022
Flag → Flag
Exports $2.08kRnk 62 / 89
2022
Flag → Flag
Top Product $540Leather Footwear
2022
Flag → Flag
Exports $741kRnk 183 / 217
2022
Flag → Flag
Top Product $143kIron Structures
2022
Flag
Economic Complexity (ECI) ECI 1.5Rnk 8 / 133
2022
Flag  
GDP$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
 GDP$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
GDP PC $118,846CURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP PC GROWTH20.7%CURRENT US$
Rnk 85 / 186
2022
Flag
GDP PC$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH7.34%CURRENT US$
Rnk 124 / 186

About

Bermuda-Austria Trade: In 2022, Bermuda exported $2.08k to Austria. The main products that Bermuda exported to Austria were Leather Footwear ($540), Knit T-shirts ($440), and Perfumes ($394). Over the past 5 years the exports of Bermuda to Austria have decreased at an annualized rate of 59.8%, from $198k in 2017 to $2.08k in 2022.

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

Austria-Bermuda Trade: In 2022, Austria exported $741k to Bermuda. The main products that Austria exported to Bermuda were Iron Structures ($143k), Other Furniture ($143k), and Wine ($108k). Over the past 5 years the exports of Austria to Bermuda have decreased at an annualized rate of 14.3%,  from $1.6M in 2017 to $741k in 2022.

In 2022, Austria 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, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bermuda exported $2.08k to Austria. The main products exported from Bermuda to Austria were Leather Footwear ($540), Knit T-shirts ($440), and Perfumes ($394). During the last 5 years the exports of Bermuda to Austria have decreased at an annualized rate of 59.8%, from $198k in 2017 to $2.08k in 2022.

In 2017, Austria exported $741k to Bermuda. The main products exported from Austria to Bermuda were Iron Structures ($143k), Other Furniture ($143k), and Wine ($108k). During the last 5 years the exports of Austria to Bermuda have decreased at an annualized rate of 14.3%, from $1.6M in 2022 to $741k in 2017.

Exports from Bermuda (Flag) to Austria (Flag) (2022)

Exports from Austria (Flag) to Bermuda (Flag) (2022)

Latest Data

Trade between Bermuda (Flag) and Austria (Flag)

Bermuda Exports

Austria Exports

Market Competitiveness

Color
Bermuda
Top DestinationZambia$17.5M
Austria
Top DestinationGermany$57.7B

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

In 2022, countries that imported more from Bermuda than Austria included Zambia ($17.5M) and Zimbabwe ($4.06M).

In 2022, countries that imported more from Austria than Bermuda included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

Difference in imports from Austria (Flag) and Bermuda (Flag) (2022)

Comparative Advantage Bermuda - Austria

Flow
Scale

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

During 2022, Bermuda had a large net trade with Austria in the exports of Textiles ($751), Footwear and Headwear ($540), and Chemical Products ($394).

During 2017, Austria had a large net trade with Bermuda in the exports of Foodstuffs ($225k), Miscellaneous ($167k), and Metals ($160k).

Economic Complexity

Competitive Landscape

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

Product Space of Bermuda (Flag) and Austria (Flag) (2022)

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