Bermuda (BMU) and Brazil (BRA) Trade | The Observatory of Economic Complexity

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Bermuda-Brazil Trade: In 2022, Bermuda exported $730k to Brazil. The main products that Bermuda exported to Brazil were Hard Liquor ($728k), Low-voltage Protection Equipment ($1.78k), and Thermostats ($568). Over the past 5 years the exports of Bermuda to Brazil have increased at an annualized rate of 26.8%, from $223k in 2017 to $730k in 2022.

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

Brazil-Bermuda Trade: In 2022, Brazil exported $5.88M to Bermuda. The main products that Brazil exported to Bermuda were Liquid Pumps ($1.1M), Refined Petroleum ($909k), and Valves ($685k). Over the past 5 years the exports of Brazil to Bermuda have increased at an annualized rate of 26.4%, from $1.82M in 2017 to $5.88M in 2022.

In 2022, Brazil 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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bermuda exported $730k to Brazil. The main products exported from Bermuda to Brazil were Hard Liquor ($728k), Low-voltage Protection Equipment ($1.78k), and Thermostats ($568). During the last 5 years the exports of Bermuda to Brazil have increased at an annualized rate of 26.8%, from $223k in 2017 to $730k in 2022.

In 2017, Brazil exported $5.88M to Bermuda. The main products exported from Brazil to Bermuda were Liquid Pumps ($1.1M), Refined Petroleum ($909k), and Valves ($685k). During the last 5 years the exports of Brazil to Bermuda have increased at an annualized rate of 26.4%, from $1.82M in 2022 to $5.88M in 2017.

Exports from Bermuda () to Brazil () (2022)

Exports from Brazil () to Bermuda () (2022)

Latest Data

Trade between Bermuda () and Brazil ()

Brazil Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bermuda
Top DestinationN/AN/A

Brazil
Top DestinationN/AN/A

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

N/A

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

Comparative Advantage Bermuda - Brazil

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bermuda had a large net trade with Brazil in the exports of Foodstuffs ($728k), Machines ($1.96k), and Instruments ($568).

During 2017, Brazil had a large net trade with Bermuda in the exports of Machines ($2.55M), Animal Products ($1.46M), and Mineral Products ($909k).

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 Brazil. This means that a dot/product with the flag of Bermuda indicates it has a comparative advantage over Brazil. Similarly, a dot/product with the flag of Brazil indicates it has a comparative advantage over Bermuda.

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Historical Data

Bilateral Trade by Products

Exports from Bermuda () to Brazil () (2022)

Exports from Brazil () to Bermuda () (2022)

Latest Data

Trade between Bermuda () and Brazil ()

Brazil Exports

Market Competitiveness

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

Comparative Advantage Bermuda - Brazil

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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