Bermuda (BMU) and Philippines (PHL) Trade | The Observatory of Economic Complexity

About

Bermuda-Philippines Trade: In 2022, Bermuda exported $1.6k to Philippines. The main products that Bermuda exported to Philippines were Computers ($514), Imitation Jewellery ($465), and Other Measuring Instruments ($259). Over the past 6 years the exports of Bermuda to Philippines have increased at an annualized rate of 75.3%, from $55 in 2016 to $1.6k in 2022.

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

Philippines-Bermuda Trade: In 2022, Philippines exported $121k to Bermuda. The main products that Philippines exported to Bermuda were Electric Batteries ($68.5k), Electrical Transformers ($22.5k), and Electrical Control Boards ($10.4k). Over the past 6 years the exports of Philippines to Bermuda have increased at an annualized rate of 7.2%, from $85.4k in 2016 to $121k in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bermuda exported $1.6k to Philippines. The main products exported from Bermuda to Philippines were Computers ($514), Imitation Jewellery ($465), and Other Measuring Instruments ($259). During the last 6 years the exports of Bermuda to Philippines have increased at an annualized rate of 75.3%, from $55 in 2016 to $1.6k in 2022.

In 2017, Philippines exported $121k to Bermuda. The main products exported from Philippines to Bermuda were Electric Batteries ($68.5k), Electrical Transformers ($22.5k), and Electrical Control Boards ($10.4k). During the last 5 years the exports of Philippines to Bermuda have increased at an annualized rate of 7.2%, from $85.4k in 2022 to $121k in 2017.

Exports from Bermuda () to Philippines () (2022)

Exports from Philippines () to Bermuda () (2022)

Latest Data

Trade between Bermuda () and Philippines ()

Philippines Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bermuda
Top DestinationZambia$17.5M

Philippines
Top DestinationUnited States$15.5B

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

In 2022, countries that imported more from Bermuda than Philippines included Zambia ($17.5M), Angola ($7.13M), and Zimbabwe ($4.06M).

In 2022, countries that imported more from Philippines than Bermuda included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

Difference in imports from Philippines () and Bermuda () (2022)

Comparative Advantage Bermuda - Philippines

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bermuda had a large net trade with Philippines in the exports of Machines ($514), Precious Metals ($465), and Instruments ($259).

During 2017, Philippines had a large net trade with Bermuda in the exports of Machines ($104k), Textiles ($10.8k), and Vegetable Products ($3.47k).

Potential Exports

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Bermuda () to Philippines () (2022)

Exports from Philippines () to Bermuda () (2022)

Latest Data

Trade between Bermuda () and Philippines ()

Philippines Exports

Market Competitiveness

Difference in imports from Philippines () and Bermuda () (2022)

Comparative Advantage Bermuda - Philippines

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Bermuda () and Philippines () (2022)

Keep Exploring