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2022
Flag → Flag
Exports $2.63MRnk 87 / 0
2022
Flag → Flag
Exports $403MRnk 4 / 196
2022
Flag → Flag
Top Product $403MPassenger and Cargo Ships
2023
Flag  
GDP$8.14BCURRENT US$
Rnk 153 / 195
2013-2023
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 123 / 195
2023
Flag
 GDP$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH41.4%CURRENT US$
Rnk 91 / 195
2023
Flag
GDP PC $125,842CURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP PC GROWTH23.7%CURRENT US$
Rnk 91 / 195
2023
Flag
GDP PC$36,551CURRENT US$
Rnk 35 / 196
2013-2023
Flag
GDP PC GROWTH31.5%CURRENT US$
Rnk 76 / 195

About

Bermuda-Cyprus Trade: In 2022, Bermuda exported $2.63M to Cyprus. The main products that Bermuda exported to Cyprus were N/A. Over the past 8 years the exports of Bermuda to Cyprus have increased at an annualized rate of 69.2%, from $39.2k in 2014 to $2.63M in 2022.

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

Cyprus-Bermuda Trade: In 2022, Cyprus exported $403M to Bermuda. The main products that Cyprus exported to Bermuda were Passenger and Cargo Ships ($403M), Fruit Juice ($16.5k), and Other Electrical Machinery ($3.74k). Over the past 8 years the exports of Cyprus to Bermuda have increased at an annualized rate of 1.22k%,  from $1k in 2014 to $403M in 2022.

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

Comparison In 2023,  Bermuda ranked 179 in total exports ($254M). That same year, Cyprus ranked 126 in total exports ($5.7B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bermuda exported $2.63M to Cyprus. There were not main exports from Bermuda to Cyprus in 2022. During the last 8 years the exports of Bermuda to Cyprus have increased at an annualized rate of 69.2%, from $39.2k in 2014 to $2.63M in 2022.

In 2018, Cyprus exported $403M to Bermuda. The main products exported from Cyprus to Bermuda were Passenger and Cargo Ships ($403M), Fruit Juice ($16.5k), and Other Electrical Machinery ($3.74k). During the last 5 years the exports of Cyprus to Bermuda have increased at an annualized rate of 1.22k%, from $1k in 2023 to $403M in 2018.

Exports from Bermuda (Flag) to Cyprus (Flag) (2023)

Exports from Cyprus (Flag) to Bermuda (Flag) (2023)

Latest Data

Trade between Bermuda (Flag) and Cyprus (Flag)

Cyprus Exports

Market Competitiveness

Color
Bermuda
Top DestinationGermany$101M
Cyprus
Top DestinationLibya$775M

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 2023, countries that imported more from Bermuda than Cyprus included South Africa ($96.3M), Angola ($4.49M), and Bahamas ($319k).

In 2023, countries that imported more from Cyprus than Bermuda included Libya ($775M), Greece ($626M), and Lebanon ($438M).

Difference in imports from Cyprus (Flag) and Bermuda (Flag) (2023)

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 .

During 2018, Cyprus had a large net trade with Bermuda in the exports of Transportation ($403M), Foodstuffs ($19.1k), and Machines ($3.74k).

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) (2023)

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