Bermuda (BMU) and Thailand (THA) Trade | The Observatory of Economic Complexity

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Bermuda-Thailand Trade: In 2022, Bermuda exported $7.08k to Thailand. The main products that Bermuda exported to Thailand were Other Floating Structures ($2.37k), Hard Liquor ($1.12k), and Newspapers ($525). Over the past 5 years the exports of Bermuda to Thailand have increased at an annualized rate of 41.9%, from $1.23k in 2017 to $7.08k in 2022.

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

Thailand-Bermuda Trade: In 2022, Thailand exported $1.9M to Bermuda. The main products that Thailand exported to Bermuda were Cars ($720k), Processed Fish ($261k), and Rubber Tires ($166k). Over the past 5 years the exports of Thailand to Bermuda have decreased at an annualized rate of 10.5%, from $3.7M in 2017 to $1.9M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bermuda exported $7.08k to Thailand. The main products exported from Bermuda to Thailand were Other Floating Structures ($2.37k), Hard Liquor ($1.12k), and Newspapers ($525). During the last 5 years the exports of Bermuda to Thailand have increased at an annualized rate of 41.9%, from $1.23k in 2017 to $7.08k in 2022.

In 2017, Thailand exported $1.9M to Bermuda. The main products exported from Thailand to Bermuda were Cars ($720k), Processed Fish ($261k), and Rubber Tires ($166k). During the last 5 years the exports of Thailand to Bermuda have decreased at an annualized rate of 10.5%, from $3.7M in 2022 to $1.9M in 2017.

Exports from Bermuda () to Thailand () (2022)

Exports from Thailand () to Bermuda () (2022)

Latest Data

Trade between Bermuda () and Thailand ()

Bermuda Exports

Date

Thailand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bermuda
Top DestinationZambia$17.5M

Thailand
Top DestinationUnited States$53.4B

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

In 2022, countries that imported more from Bermuda than Thailand included Zambia ($17.5M).

In 2022, countries that imported more from Thailand than Bermuda included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

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

Comparative Advantage Bermuda - Thailand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bermuda had a large net trade with Thailand in the exports of Transportation ($2.37k), Foodstuffs ($1.12k), and Textiles ($794).

During 2017, Thailand had a large net trade with Bermuda in the exports of Transportation ($877k), Machines ($354k), and Foodstuffs ($325k).

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

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Historical Data

Bilateral Trade by Products

Exports from Bermuda () to Thailand () (2022)

Exports from Thailand () to Bermuda () (2022)

Latest Data

Trade between Bermuda () and Thailand ()

Bermuda Exports

Thailand Exports

Market Competitiveness

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

Comparative Advantage Bermuda - Thailand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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