Bermuda (BMU) and Sri Lanka (LKA) Trade | The Observatory of Economic Complexity

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Bermuda-Sri Lanka Trade: In 2022, Bermuda exported $31k to Sri Lanka. The main products that Bermuda exported to Sri Lanka were Hard Liquor ($26.3k), Frozen Vegetables ($2.68k), and Computers ($1.38k). Over the past 6 years the exports of Bermuda to Sri Lanka have increased at an annualized rate of 6.3%, from $21.5k in 2016 to $31k in 2022.

In 2022, Bermuda did not export any services to Sri Lanka.

Sri Lanka-Bermuda Trade: In 2022, Sri Lanka exported $165k to Bermuda. The main products that Sri Lanka exported to Bermuda were Other Stone Articles ($44k), Knit Men's Undergarments ($29.3k), and Knit Women's Suits ($14.9k). Over the past 6 years the exports of Sri Lanka to Bermuda have decreased at an annualized rate of 7.46%, from $244k in 2016 to $165k in 2022.

In 2022, Sri Lanka 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, Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bermuda exported $31k to Sri Lanka. The main products exported from Bermuda to Sri Lanka were Hard Liquor ($26.3k), Frozen Vegetables ($2.68k), and Computers ($1.38k). During the last 6 years the exports of Bermuda to Sri Lanka have increased at an annualized rate of 6.3%, from $21.5k in 2016 to $31k in 2022.

In 2017, Sri Lanka exported $165k to Bermuda. The main products exported from Sri Lanka to Bermuda were Other Stone Articles ($44k), Knit Men's Undergarments ($29.3k), and Knit Women's Suits ($14.9k). During the last 5 years the exports of Sri Lanka to Bermuda have decreased at an annualized rate of 7.46%, from $244k in 2022 to $165k in 2017.

Exports from Bermuda () to Sri Lanka () (2022)

Exports from Sri Lanka () to Bermuda () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bermuda
Top DestinationZambia$17.5M

Sri Lanka
Top DestinationUnited States$3.52B

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

In 2022, countries that imported more from Bermuda than Sri Lanka included Zambia ($17.5M), Zimbabwe ($4.06M), and Bahamas ($133k).

In 2022, countries that imported more from Sri Lanka than Bermuda included United States ($3.52B), India ($1.12B), and United Kingdom ($1.04B).

Difference in imports from Sri Lanka () and Bermuda () (2022)

Comparative Advantage Bermuda - Sri Lanka

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bermuda had a large net trade with Sri Lanka in the exports of Foodstuffs ($26.3k), Vegetable Products ($2.68k), and Machines ($1.81k).

During 2017, Sri Lanka had a large net trade with Bermuda in the exports of Textiles ($113k), Stone And Glass ($44k), and Footwear and Headwear ($5.39k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Bermuda () to Sri Lanka () (2022)

Exports from Sri Lanka () to Bermuda () (2022)

Market Competitiveness

Difference in imports from Sri Lanka () and Bermuda () (2022)

Comparative Advantage Bermuda - Sri Lanka

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bermuda () and Sri Lanka () (2022)

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