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2022
Flag → Flag
Exports $31.5kRnk 40 / 89
2022
Flag → Flag
Top Product $13.8kCollector's Items
2022
Flag → Flag
Exports $12.2MRnk 166 / 211
2022
Flag → Flag
Top Product $3.27MCars
2022
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
Flag  
GDP$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH18.4%CURRENT US$
Rnk 124 / 186
2022
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 GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
Flag
GDP PC $118,846CURRENT US$
Rnk 2 / 186
2012-2022
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GDP PC GROWTH20.7%CURRENT US$
Rnk 85 / 186
2022
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GDP PC$33,815CURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186

About

Bermuda-Japan Trade: In 2022, Bermuda exported $31.5k to Japan. The main products that Bermuda exported to Japan were Collector's Items ($13.8k), Oscilloscopes ($5.24k), and Knit T-shirts ($5.16k). Over the past 5 years the exports of Bermuda to Japan have decreased at an annualized rate of 43.5%, from $545k in 2017 to $31.5k in 2022.

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

Japan-Bermuda Trade: In 2022, Japan exported $12.2M to Bermuda. The main products that Japan exported to Bermuda were Cars ($3.27M), Delivery Trucks ($1.79M), and Paintings ($1.21M). Over the past 5 years the exports of Japan to Bermuda have increased at an annualized rate of 2.41%,  from $10.8M in 2017 to $12.2M in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bermuda exported $31.5k to Japan. The main products exported from Bermuda to Japan were Collector's Items ($13.8k), Oscilloscopes ($5.24k), and Knit T-shirts ($5.16k). During the last 5 years the exports of Bermuda to Japan have decreased at an annualized rate of 43.5%, from $545k in 2017 to $31.5k in 2022.

In 2017, Japan exported $12.2M to Bermuda. The main products exported from Japan to Bermuda were Cars ($3.27M), Delivery Trucks ($1.79M), and Paintings ($1.21M). During the last 5 years the exports of Japan to Bermuda have increased at an annualized rate of 2.41%, from $10.8M in 2022 to $12.2M in 2017.

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

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

Latest Data

Trade between Bermuda (Flag) and Japan (Flag)

Bermuda Exports

Japan Exports

Market Competitiveness

Color
Bermuda
Top DestinationZambia$17.5M
Japan
Top DestinationUnited States$137B

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

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

In 2022, countries that imported more from Japan than Bermuda included United States ($137B), China ($135B), and South Korea ($50.8B).

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

Comparative Advantage Bermuda - Japan

Flow
Scale

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

During 2022, Bermuda had a large net trade with Japan in the exports of Arts and Antiques ($17.7k), Instruments ($5.24k), and Textiles ($5.16k).

During 2017, Japan had a large net trade with Bermuda in the exports of Transportation ($5.4M), Machines ($4.32M), and Arts and Antiques ($1.21M).

Economic Complexity

Competitive Landscape

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

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

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