2022
Flag  
GDP
$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
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GDP GROWTH
18.4%CURRENT US$
Rnk 124 / 186
2022
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 GDP
$529BCURRENT US$
Rnk 26 / 186
2012-2022
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GDP GROWTH
135%CURRENT US$
Rnk 7 / 186
2022
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GDP PC 
$118,846CURRENT US$
Rnk 2 / 186
2012-2022
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GDP PC GROWTH
20.7%CURRENT US$
Rnk 85 / 186
2022
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GDP PC
$104,039CURRENT US$
Rnk 4 / 186
2012-2022
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GDP PC GROWTH
112%CURRENT US$
Rnk 7 / 186

About

Bermuda-Ireland In 2022, Bermuda exported $56.3k to Ireland. The main products that Bermuda exported to Ireland are Office Machine Parts ($39.7k), Hard Liquor ($2.86k), and Electric Heaters ($2.45k). During the last 27 years the exports of Bermuda to Ireland have decreased at an annualized rate of 2.35%, from $107k in 1995 to $56.3k in 2022.

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

Ireland-Bermuda In 2022, Ireland exported $1.1M to Bermuda. The main products that Ireland exported to Bermuda were Beer ($154k), Sausages ($137k), and Hard Liquor ($107k). During the last 27 years the exports of Ireland to Bermuda have decreased at an annualized rate of 5%, from $4.38M in 1995 to $1.1M in 2022.

In 2022, Ireland 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, Ireland ranked 16 in the Economic Complexity Index (ECI 1.28), and 31 in total exports ($236B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bermuda exported $56.3k to Ireland. The main products exported from Bermuda to Ireland were Office Machine Parts ($39.7k), Hard Liquor ($2.86k), and Electric Heaters ($2.45k). During the last 27 years the exports of Bermuda to Ireland have decreased at an annualized rate of 2.35%, from $107k in 1995 to $56.3k in 2022.

In 2022, Ireland exported $1.1M to Bermuda. The main products exported from Ireland to Bermuda were Beer ($154k), Sausages ($137k), and Hard Liquor ($107k). During the last 27 years the exports of Ireland to Bermuda have decreased at an annualized rate of 5%, from $4.38M in 1995 to $1.1M in 2022.

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

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

Latest Data

Trade between Bermuda (Flag) and Ireland (Flag)

Bermuda Exports

Ireland Exports

Market Competitiveness

Color
Bermuda
Top Destination
N/AN/A
Ireland
Top Destination
N/AN/A

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

N/A

N/A

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

Comparative Advantage Bermuda - Ireland

Flow
Scale

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

During 2022, Bermuda had a large net trade with Ireland in the exports of Machines ($44.2k), Textiles ($4.04k), and Foodstuffs ($2.96k).

During 2022, Ireland had a large net trade with Bermuda in the exports of Foodstuffs ($512k), Chemical Products ($161k), and Animal Products ($95.4k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Bermuda has comparative advantage over Ireland. Similarly, the more yellow a dot/product is, the more Ireland has comparative advantage over Bermuda.

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

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