2022
Flag  
GDP
$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH
18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
 GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 186
2022
Flag
GDP PC 
$118,846CURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP PC GROWTH
20.7%CURRENT US$
Rnk 85 / 186
2022
Flag
GDP PC
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 186

About

Bermuda-Saudi Arabia Trade: In 2021, Bermuda exported $40.1k to Saudi Arabia. The main products that Bermuda exported to Saudi Arabia were N/A. Over the past 6 years the exports of Bermuda to Saudi Arabia have decreased at an annualized rate of 48.2%, from $2.08M in 2015 to $40.1k in 2021.

In 2021, Bermuda did not export any services to Saudi Arabia.

Saudi Arabia-Bermuda Trade: In 2021, Saudi Arabia exported $328 to Bermuda. The main products that Saudi Arabia exported to Bermuda were N/A. Over the past 6 years the exports of Saudi Arabia to Bermuda have increased at an annualized rate of 2.49%,  from $290 in 2015 to $328 in 2021.

In 2021, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Bermuda exported $40.1k to Saudi Arabia. There were not main exports from Bermuda to Saudi Arabia in 2021. During the last 6 years the exports of Bermuda to Saudi Arabia have decreased at an annualized rate of 48.2%, from $2.08M in 2015 to $40.1k in 2021.

In 2016, Saudi Arabia exported $328 to Bermuda. There were not main exports from Saudi Arabia to Bermuda in 2016. During the last 5 years the exports of Saudi Arabia to Bermuda have increased at an annualized rate of 2.49%, from $290 in 2021 to $328 in 2016.

Exports from Bermuda (Flag) to Saudi Arabia (Flag) (2021)

Exports from Saudi Arabia (Flag) to Bermuda (Flag) (2021)

Market Competitiveness

Color
Bermuda
Top Destination
Zambia$17.5M
Saudi Arabia
Top Destination
China$68B

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

In 2022, countries that imported more from Bermuda than Saudi Arabia included Zambia ($17.5M), Jamaica ($893k), and Israel ($388k).

In 2022, countries that imported more from Saudi Arabia than Bermuda included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia (Flag) and Bermuda (Flag) (2022)

Comparative Advantage Bermuda - Saudi Arabia

Flow
Scale

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

During 2021, Bermuda had a large net trade with Saudi Arabia in the exports of .

During 2016, Saudi Arabia had a large net trade with Bermuda in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Bermuda (Flag) and Saudi Arabia (Flag) (2021)

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