2023
Flag  
GDP
$8.14BCURRENT US$
Rnk 153 / 195
2013-2023
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 123 / 195
2023
Flag
 GDP
$809BCURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP GROWTH
56.2%CURRENT US$
Rnk 62 / 195
2023
Flag
GDP PC 
$125,842CURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP PC GROWTH
23.7%CURRENT US$
Rnk 91 / 195
2023
Flag
GDP PC
$22,057CURRENT US$
Rnk 59 / 196
2013-2023
Flag
GDP PC GROWTH
61.9%CURRENT US$
Rnk 28 / 195

About

Bermuda-Poland Trade: In 2023, Bermuda exported $37.4k to Poland. The main products that Bermuda exported to Poland were Non-Knit Active Wear ($14.8k), Hard Liquor ($12.5k), and Medical Instruments ($3.99k). Over the past 5 years the exports of Bermuda to Poland have decreased at an annualized rate of 16%, from $89.6k in 2018 to $37.4k in 2023.

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

Poland-Bermuda Trade: In 2023, Poland exported $784k to Bermuda. The main products that Poland exported to Bermuda were Recreational Boats ($455k), Tea ($107k), and Sports Equipment ($22.5k). Over the past 5 years the exports of Poland to Bermuda have decreased at an annualized rate of 3.63%,  from $1.27M in 2018 to $784k in 2023.

In 2023, Poland 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, Poland ranked 24 in the Economic Complexity Index (ECI 1.09), and 23 in total exports ($339B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bermuda exported $37.4k to Poland. The main products exported from Bermuda to Poland were Non-Knit Active Wear ($14.8k), Hard Liquor ($12.5k), and Medical Instruments ($3.99k). During the last 5 years the exports of Bermuda to Poland have decreased at an annualized rate of 16%, from $89.6k in 2018 to $37.4k in 2023.

In 2018, Poland exported $784k to Bermuda. The main products exported from Poland to Bermuda were Recreational Boats ($455k), Tea ($107k), and Sports Equipment ($22.5k). During the last 5 years the exports of Poland to Bermuda have decreased at an annualized rate of 3.63%, from $1.27M in 2023 to $784k in 2018.

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

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

Latest Data

Trade between Bermuda (Flag) and Poland (Flag)

Poland Exports

Market Competitiveness

Color
Bermuda
Top Destination
Germany$101M
Poland
Top Destination
Germany$84B

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

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

In 2023, countries that imported more from Poland than Bermuda included Germany ($84B), United Kingdom ($19.4B), and Czechia ($19.3B).

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

Comparative Advantage Bermuda - Poland

Flow
Scale

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

During 2023, Bermuda had a large net trade with Poland in the exports of Textiles ($17.3k), Foodstuffs ($12.5k), and Instruments ($4.01k).

During 2018, Poland had a large net trade with Bermuda in the exports of Transportation ($470k), Vegetable Products ($119k), and Machines ($68.2k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with