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2023
Flag → Flag
Exports $37.9MRnk 3 / 90
2023
Flag → Flag
Top Product $37.6MPlanes, Helicopters, and/or Spacecraft
2023
Flag → Flag
Exports $9.01MRnk 182 / 224
2023
Flag → Flag
Top Product $3.96MHard Liquor
2023
Flag
Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag  
GDP$8.14BCURRENT US$
Rnk 153 / 195
2013-2023
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 123 / 195
2023
Flag
 GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
GDP PC $125,842CURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP PC GROWTH23.7%CURRENT US$
Rnk 91 / 195
2023
Flag
GDP PC$64,572CURRENT US$
Rnk 17 / 196
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 195

About

Bermuda-Netherlands Trade: In 2023, Bermuda exported $37.9M to Netherlands. The main products that Bermuda exported to Netherlands were Planes, Helicopters, and/or Spacecraft ($37.6M), Small Iron Containers ($79.1k), and Liquid Pumps ($63.7k). Over the past 5 years the exports of Bermuda to Netherlands have decreased at an annualized rate of 13%, from $76.1M in 2018 to $37.9M in 2023.

In 2023, Bermuda did not export any services to Netherlands.

Netherlands-Bermuda Trade: In 2023, Netherlands exported $9.01M to Bermuda. The main products that Netherlands exported to Bermuda were Hard Liquor ($3.96M), Beer ($1.32M), and Engine Parts ($952k). Over the past 5 years the exports of Netherlands to Bermuda have decreased at an annualized rate of 36%,  from $84.1M in 2018 to $9.01M in 2023.

In 2023, Netherlands did not export any services to Bermuda.

Comparison In 2023,  Bermuda ranked 179 in total exports ($254M), and does not have data regarding Economic Complexity Index. That same year, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bermuda exported $37.9M to Netherlands. The main products exported from Bermuda to Netherlands were Planes, Helicopters, and/or Spacecraft ($37.6M), Small Iron Containers ($79.1k), and Liquid Pumps ($63.7k). During the last 5 years the exports of Bermuda to Netherlands have decreased at an annualized rate of 13%, from $76.1M in 2018 to $37.9M in 2023.

In 2018, Netherlands exported $9.01M to Bermuda. The main products exported from Netherlands to Bermuda were Hard Liquor ($3.96M), Beer ($1.32M), and Engine Parts ($952k). During the last 5 years the exports of Netherlands to Bermuda have decreased at an annualized rate of 36%, from $84.1M in 2023 to $9.01M in 2018.

Exports from Bermuda (Flag) to Netherlands (Flag) (2023)

Exports from Netherlands (Flag) to Bermuda (Flag) (2023)

Latest Data

Trade between Bermuda (Flag) and Netherlands (Flag)

Bermuda Exports

Netherlands Exports

Market Competitiveness

Color
Bermuda
Top DestinationGermany$101M
Netherlands
Top DestinationGermany$96.9B

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

In 2023, no countries were registered that imported more from Bermuda than from Netherlands.

In 2023, countries that imported more from Netherlands than Bermuda included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

Difference in imports from Netherlands (Flag) and Bermuda (Flag) (2023)

Comparative Advantage Bermuda - Netherlands

Flow
Scale

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

During 2023, Bermuda had a large net trade with Netherlands in the exports of Transportation ($37.6M), Machines ($104k), and Metals ($79.1k).

During 2018, Netherlands had a large net trade with Bermuda in the exports of Foodstuffs ($5.95M), Machines ($1.26M), and Transportation ($878k).

Economic Complexity

Competitive Landscape

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

Product Space of Bermuda (Flag) and Netherlands (Flag) (2023)

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