Bermuda (BMU) and Bangladesh (BGD) Trade | The Observatory of Economic Complexity

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Bermuda-Bangladesh Trade: In 2017, Bermuda exported $14 to Bangladesh. The main products that Bermuda exported to Bangladesh were N/A. Over the past 8 years the exports of Bermuda to Bangladesh have decreased at an annualized rate of 55%, from $8.25k in 2009 to $14 in 2017.

In 2017, Bermuda did not export any services to Bangladesh.

Bangladesh-Bermuda Trade: In 2017, Bangladesh exported $918k to Bermuda. The main products that Bangladesh exported to Bermuda were Non-Knit Women's Suits ($159k), Non-Knit Men's Suits ($123k), and Knit T-shirts ($123k). Over the past 8 years the exports of Bangladesh to Bermuda have increased at an annualized rate of 6.74%, from $662k in 2009 to $918k in 2017.

In 2017, Bangladesh 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, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2017, Bermuda exported $14 to Bangladesh. There were not main exports from Bermuda to Bangladesh in 2017. During the last 8 years the exports of Bermuda to Bangladesh have decreased at an annualized rate of 55%, from $8.25k in 2009 to $14 in 2017.

In 2017, Bangladesh exported $918k to Bermuda. The main products exported from Bangladesh to Bermuda were Non-Knit Women's Suits ($159k), Non-Knit Men's Suits ($123k), and Knit T-shirts ($123k). During the last 5 years the exports of Bangladesh to Bermuda have increased at an annualized rate of 6.74%, from $662k in 2022 to $918k in 2017.

Exports from Bermuda () to Bangladesh () (2022)

Exports from Bangladesh () to Bermuda () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bermuda
Top DestinationZambia$17.5M

Bangladesh
Top DestinationUnited States$11.7B

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

In 2022, countries that imported more from Bermuda than Bangladesh included Zambia ($17.5M), Angola ($7.13M), and Zimbabwe ($4.06M).

In 2022, countries that imported more from Bangladesh than Bermuda included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

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

Comparative Advantage Bermuda - Bangladesh

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2017, Bermuda had a large net trade with Bangladesh in the exports of .

During 2017, Bangladesh had a large net trade with Bermuda in the exports of Textiles ($890k), Animal Products ($16.4k), and Footwear and Headwear ($6.23k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Bermuda () to Bangladesh () (2022)

Exports from Bangladesh () to Bermuda () (2022)

Market Competitiveness

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

Comparative Advantage Bermuda - Bangladesh

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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