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2022
Flag → Flag
Exports $31kRnk 41 / 89
2022
Flag → Flag
Top Product $26.3kHard Liquor
2022
Flag → Flag
Exports $165kRnk 174 / 194
2022
Flag → Flag
Top Product $44kOther Stone Articles
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag  
GDP$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
 GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 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$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186

About

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
Value

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 (Flag) to Sri Lanka (Flag) (2022)

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

Market Competitiveness

Color
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 (Flag) and Bermuda (Flag) (2022)

Comparative Advantage Bermuda - Sri Lanka

Flow
Scale

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).

Economic Complexity

Competitive Landscape

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.

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

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