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2022
Flag → Flag
Exports $57.9kRnk 28 / 89
2022
Flag → Flag
Top Product $49.6kIntegrated Circuits
2022
Flag → Flag
Exports $7.47MRnk 180 / 217
2022
Flag → Flag
Top Product $6.37MCars
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag  
GDP$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
 GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 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$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186

About

Bermuda-India Trade: In 2022, Bermuda exported $57.9k to India. The main products that Bermuda exported to India were Integrated Circuits ($49.6k), Textile Scraps ($8k), and Office Machine Parts ($202). Over the past 6 years the exports of Bermuda to India have increased at an annualized rate of 68.3%, from $2.55k in 2016 to $57.9k in 2022.

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

India-Bermuda Trade: In 2022, India exported $7.47M to Bermuda. The main products that India exported to Bermuda were Cars ($6.37M), Motorcycles and cycles ($298k), and Plastic Lids ($114k). Over the past 6 years the exports of India to Bermuda have increased at an annualized rate of 13%,  from $4.06M in 2016 to $7.47M in 2022.

In 2022, India 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, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bermuda exported $57.9k to India. The main products exported from Bermuda to India were Integrated Circuits ($49.6k), Textile Scraps ($8k), and Office Machine Parts ($202). During the last 6 years the exports of Bermuda to India have increased at an annualized rate of 68.3%, from $2.55k in 2016 to $57.9k in 2022.

In 2017, India exported $7.47M to Bermuda. The main products exported from India to Bermuda were Cars ($6.37M), Motorcycles and cycles ($298k), and Plastic Lids ($114k). During the last 5 years the exports of India to Bermuda have increased at an annualized rate of 13%, from $4.06M in 2022 to $7.47M in 2017.

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

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

Latest Data

Trade between Bermuda (Flag) and India (Flag)

Bermuda Exports

India Exports

Market Competitiveness

Color
Bermuda
Top DestinationZambia$17.5M
India
Top DestinationUnited States$82.9B

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

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

In 2022, countries that imported more from India than Bermuda included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

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

Comparative Advantage Bermuda - India

Flow
Scale

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

During 2022, Bermuda had a large net trade with India in the exports of Machines ($49.8k), Textiles ($8k), and Instruments ($83).

During 2017, India had a large net trade with Bermuda in the exports of Transportation ($6.69M), Textiles ($345k), and Plastics and Rubbers ($117k).

Economic Complexity

Competitive Landscape

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

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

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