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2022
Flag → Flag
Exports $2.39MRnk 8 / 89
2022
Flag → Flag
Top Product $2.39MPassenger and Cargo Ships
2022
Flag → Flag
Exports $17.6kRnk 185 / 194
2022
Flag → Flag
Top Product $15.8kJewellery
2022
Flag  
GDP$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
 GDP$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 138 / 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$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH7.9%CURRENT US$
Rnk 123 / 186

About

Bermuda-Cyprus Trade: In 2022, Bermuda exported $2.39M to Cyprus. The main products that Bermuda exported to Cyprus were Passenger and Cargo Ships ($2.39M), Other Women's Undergarments ($176), and Broadcasting Equipment ($4). Over the past 8 years the exports of Bermuda to Cyprus have increased at an annualized rate of 68.9%, from $36.1k in 2014 to $2.39M in 2022.

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

Cyprus-Bermuda Trade: In 2022, Cyprus exported $17.6k to Bermuda. The main products that Cyprus exported to Bermuda were Jewellery ($15.8k), Knit Men's Shirts ($626), and Knit Women's Suits ($435). Over the past 8 years the exports of Cyprus to Bermuda have increased at an annualized rate of 61%,  from $389 in 2014 to $17.6k in 2022.

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

Comparison In 2022,  Bermuda ranked 199 in total exports ($68.1M). That same year, Cyprus ranked 125 in total exports ($4.91B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bermuda exported $2.39M to Cyprus. The main products exported from Bermuda to Cyprus were Passenger and Cargo Ships ($2.39M), Other Women's Undergarments ($176), and Broadcasting Equipment ($4). During the last 8 years the exports of Bermuda to Cyprus have increased at an annualized rate of 68.9%, from $36.1k in 2014 to $2.39M in 2022.

In 2017, Cyprus exported $17.6k to Bermuda. The main products exported from Cyprus to Bermuda were Jewellery ($15.8k), Knit Men's Shirts ($626), and Knit Women's Suits ($435). During the last 5 years the exports of Cyprus to Bermuda have increased at an annualized rate of 61%, from $389 in 2022 to $17.6k in 2017.

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

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

Latest Data

Trade between Bermuda (Flag) and Cyprus (Flag)

Cyprus Exports

Market Competitiveness

Color
Bermuda
Top DestinationZambia$17.5M
Cyprus
Top DestinationHong Kong$482M

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

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

In 2022, countries that imported more from Cyprus than Bermuda included Hong Kong ($482M), Greece ($471M), and Lebanon ($329M).

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

Comparative Advantage Bermuda - Cyprus

Flow
Scale

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

During 2022, Bermuda had a large net trade with Cyprus in the exports of Transportation ($2.39M), Textiles ($176), and Machines ($4).

During 2017, Cyprus had a large net trade with Bermuda in the exports of Precious Metals ($15.8k), Textiles ($1.57k), and Instruments ($225).

Economic Complexity

Competitive Landscape

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

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

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