Bermuda / Germany

Bermuda-Germany Trade: In 2023, Bermuda exported $101M to Germany. The main products that Bermuda exported to Germany were Passenger and Cargo Ships ($80.6M), Planes, Helicopters, and/or Spacecraft ($19.5M), and Hard Liquor ($248k). Over the past 5 years the exports of Bermuda to Germany have increased at an annualized rate of 156%, from $922k in 2018 to $101M in 2023.

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

Germany-Bermuda Trade: In 2023, Germany exported $49.3M to Bermuda. The main products that Germany exported to Bermuda were Passenger and Cargo Ships ($42.8M), Engine Parts ($968k), and Packaged Medicaments ($897k). Over the past 5 years the exports of Germany to Bermuda have increased at an annualized rate of 35.9%,  from $10.6M in 2018 to $49.3M in 2023.

In 2023, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T).