Bermuda (BMU) and New Zealand (NZL) Trade | The Observatory of Economic Complexity

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Bermuda-New Zealand Trade: In 2022, Bermuda exported $18.5k to New Zealand. The main products that Bermuda exported to New Zealand were Hard Liquor ($18.4k), Brochures ($58), and Industrial Printers ($41). Over the past 5 years the exports of Bermuda to New Zealand have decreased at an annualized rate of 28.3%, from $97.9k in 2017 to $18.5k in 2022.

In 2022, Bermuda did not export any services to New Zealand.

New Zealand-Bermuda Trade: In 2022, New Zealand exported $4.34M to Bermuda. The main products that New Zealand exported to Bermuda were Sheep and Goat Meat ($2.69M), Wine ($622k), and Butter ($505k). Over the past 5 years the exports of New Zealand to Bermuda have decreased at an annualized rate of 10.9%, from $7.72M in 2017 to $4.34M in 2022.

In 2022, New Zealand 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, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bermuda exported $18.5k to New Zealand. The main products exported from Bermuda to New Zealand were Hard Liquor ($18.4k), Brochures ($58), and Industrial Printers ($41). During the last 5 years the exports of Bermuda to New Zealand have decreased at an annualized rate of 28.3%, from $97.9k in 2017 to $18.5k in 2022.

In 2017, New Zealand exported $4.34M to Bermuda. The main products exported from New Zealand to Bermuda were Sheep and Goat Meat ($2.69M), Wine ($622k), and Butter ($505k). During the last 5 years the exports of New Zealand to Bermuda have decreased at an annualized rate of 10.9%, from $7.72M in 2022 to $4.34M in 2017.

Exports from Bermuda () to New Zealand () (2022)

Exports from New Zealand () to Bermuda () (2022)

Latest Data

Trade between Bermuda () and New Zealand ()

Bermuda Exports

Date

New Zealand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bermuda
Top DestinationZambia$17.5M

New Zealand
Top DestinationChina$13.1B

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

In 2022, countries that imported more from Bermuda than New Zealand included Zambia ($17.5M), Zimbabwe ($4.06M), and Tanzania ($5.76M).

In 2022, countries that imported more from New Zealand than Bermuda included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

Difference in imports from New Zealand () and Bermuda () (2022)

Comparative Advantage Bermuda - New Zealand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bermuda had a large net trade with New Zealand in the exports of Foodstuffs ($18.4k), Paper Goods ($59), and Machines ($41).

During 2017, New Zealand had a large net trade with Bermuda in the exports of Animal Products ($3.6M), Foodstuffs ($622k), and Textiles ($75.1k).

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 New Zealand. This means that a dot/product with the flag of Bermuda indicates it has a comparative advantage over New Zealand. Similarly, a dot/product with the flag of New Zealand indicates it has a comparative advantage over Bermuda.

About

Historical Data

Bilateral Trade by Products

Exports from Bermuda () to New Zealand () (2022)

Exports from New Zealand () to Bermuda () (2022)

Latest Data

Trade between Bermuda () and New Zealand ()

Bermuda Exports

New Zealand Exports

Market Competitiveness

Difference in imports from New Zealand () and Bermuda () (2022)

Comparative Advantage Bermuda - New Zealand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bermuda () and New Zealand () (2022)

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