2023
Flag  
GDP
$8.14BCURRENT US$
Rnk 153 / 195
2013-2023
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 123 / 195
2023
Flag
 GDP
$343BCURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP GROWTH
61.1%CURRENT US$
Rnk 55 / 195
2023
Flag
GDP PC 
$125,842CURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP PC GROWTH
23.7%CURRENT US$
Rnk 91 / 195
2023
Flag
GDP PC
$31,591CURRENT US$
Rnk 45 / 196
2013-2023
Flag
GDP PC GROWTH
55.9%CURRENT US$
Rnk 36 / 195

About

Bermuda-Czechia Trade: In 2023, Bermuda exported $41.6k to Czechia. The main products that Bermuda exported to Czechia were Hard Liquor ($36.1k), Non-Knit Active Wear ($1.4k), and Non-Knit Men's Coats ($1k). Over the past 5 years the exports of Bermuda to Czechia have decreased at an annualized rate of 20.8%, from $133k in 2018 to $41.6k in 2023.

In 2023, Bermuda did not export any services to Czechia.

Czechia-Bermuda Trade: In 2023, Czechia exported $18.1k to Bermuda. The main products that Czechia exported to Bermuda were Household Washing Machines ($9.29k), Motor vehicles; parts and accessories (8701 to 8705) ($7.99k), and Thermostats ($464). Over the past 5 years the exports of Czechia to Bermuda have decreased at an annualized rate of 36.7%,  from $177k in 2018 to $18.1k in 2023.

In 2023, Czechia did not export any services to Bermuda.

Comparison In 2023,  Bermuda ranked 179 in total exports ($254M), and does not have data regarding Economic Complexity Index. That same year, Czechia ranked 7 in the Economic Complexity Index (ECI 1.6), and 30 in total exports ($224B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bermuda exported $41.6k to Czechia. The main products exported from Bermuda to Czechia were Hard Liquor ($36.1k), Non-Knit Active Wear ($1.4k), and Non-Knit Men's Coats ($1k). During the last 5 years the exports of Bermuda to Czechia have decreased at an annualized rate of 20.8%, from $133k in 2018 to $41.6k in 2023.

In 2018, Czechia exported $18.1k to Bermuda. The main products exported from Czechia to Bermuda were Household Washing Machines ($9.29k), Motor vehicles; parts and accessories (8701 to 8705) ($7.99k), and Thermostats ($464). During the last 5 years the exports of Czechia to Bermuda have decreased at an annualized rate of 36.7%, from $177k in 2023 to $18.1k in 2018.

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

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

Latest Data

Trade between Bermuda (Flag) and Czechia (Flag)

Bermuda Exports

Czechia Exports

Market Competitiveness

Color
Bermuda
Top Destination
Germany$101M
Czechia
Top Destination
Germany$64.2B

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

In 2023, countries that imported more from Bermuda than Czechia included Montserrat ($12.7k).

In 2023, countries that imported more from Czechia than Bermuda included Germany ($64.2B), Slovakia ($15.8B), and Poland ($13.8B).

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

Comparative Advantage Bermuda - Czechia

Flow
Scale

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

During 2023, Bermuda had a large net trade with Czechia in the exports of Foodstuffs ($36.1k), Textiles ($2.98k), and Miscellaneous ($789).

During 2018, Czechia had a large net trade with Bermuda in the exports of Machines ($9.48k), Transportation ($7.99k), and Instruments ($464).

Economic Complexity

Competitive Landscape

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

Product Space of Bermuda (Flag) and Czechia (Flag) (2023)

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