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2022
Flag → Flag
Exports $156kRnk 18 / 89
2022
Flag → Flag
Top Product $73.4kOscilloscopes
2022
Flag → Flag
Exports $3.15MRnk 171 / 218
2022
Flag → Flag
Top Product $1.55MBeer
2022
Flag
Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
Flag  
GDP$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
 GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH20.9%CURRENT US$
Rnk 120 / 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$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 186

About

Bermuda-Denmark Trade: In 2022, Bermuda exported $156k to Denmark. The main products that Bermuda exported to Denmark were Oscilloscopes ($73.4k), Other Furniture ($27.7k), and Liquid Pumps ($6.49k). Over the past 5 years the exports of Bermuda to Denmark have increased at an annualized rate of 27.5%, from $46.3k in 2017 to $156k in 2022.

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

Denmark-Bermuda Trade: In 2022, Denmark exported $3.15M to Bermuda. The main products that Denmark exported to Bermuda were Beer ($1.55M), Electric Motor Parts ($302k), and Engine Parts ($200k). Over the past 5 years the exports of Denmark to Bermuda have increased at an annualized rate of 2.28%,  from $2.82M in 2017 to $3.15M in 2022.

In 2022, Denmark 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, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bermuda exported $156k to Denmark. The main products exported from Bermuda to Denmark were Oscilloscopes ($73.4k), Other Furniture ($27.7k), and Liquid Pumps ($6.49k). During the last 5 years the exports of Bermuda to Denmark have increased at an annualized rate of 27.5%, from $46.3k in 2017 to $156k in 2022.

In 2017, Denmark exported $3.15M to Bermuda. The main products exported from Denmark to Bermuda were Beer ($1.55M), Electric Motor Parts ($302k), and Engine Parts ($200k). During the last 5 years the exports of Denmark to Bermuda have increased at an annualized rate of 2.28%, from $2.82M in 2022 to $3.15M in 2017.

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

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

Latest Data

Trade between Bermuda (Flag) and Denmark (Flag)

Bermuda Exports

Denmark Exports

Market Competitiveness

Color
Bermuda
Top DestinationZambia$17.5M
Denmark
Top DestinationGermany$18.9B

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

In 2022, no countries were registered that imported more from Bermuda than from Denmark.

In 2022, countries that imported more from Denmark than Bermuda included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

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

Comparative Advantage Bermuda - Denmark

Flow
Scale

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

During 2022, Bermuda had a large net trade with Denmark in the exports of Instruments ($78k), Miscellaneous ($27.8k), and Machines ($24.9k).

During 2017, Denmark had a large net trade with Bermuda in the exports of Foodstuffs ($1.8M), Machines ($1.24M), and Textiles ($24.7k).

Economic Complexity

Competitive Landscape

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

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

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