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2023
Flag → Flag
Exports $29.6kRnk 34 / 90
2023
Flag → Flag
Top Product $15.6kBlank Audio Media
2023
Flag → Flag
Exports $624kRnk 180 / 212
2023
Flag → Flag
Top Product $204kFish Fillets
2023
Flag
Economic Complexity (ECI) ECI 2Rnk 2 / 132
2023
Flag  
GDP$8.14BCURRENT US$
Rnk 153 / 195
2013-2023
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 123 / 195
2023
Flag
GDP PC $125,842CURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP PC GROWTH23.7%CURRENT US$
Rnk 91 / 195

About

Bermuda-Chinese Taipei Trade: In 2023, Bermuda exported $29.6k to Chinese Taipei. The main products that Bermuda exported to Chinese Taipei were Blank Audio Media ($15.6k), Hard Liquor ($10.9k), and Brochures ($3.08k). Over the past 5 years the exports of Bermuda to Chinese Taipei have decreased at an annualized rate of 19.6%, from $88.2k in 2018 to $29.6k in 2023.

In 2023, Bermuda did not export any services to Chinese Taipei.

Chinese Taipei-Bermuda Trade: In 2023, Chinese Taipei exported $624k to Bermuda. The main products that Chinese Taipei exported to Bermuda were Fish Fillets ($204k), Rubber Tires ($129k), and Bi-Wheel Vehicle Parts ($83.7k). Over the past 5 years the exports of Chinese Taipei to Bermuda have decreased at an annualized rate of 15.4%,  from $1.44M in 2018 to $624k in 2023.

In 2023, Chinese Taipei 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, Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bermuda exported $29.6k to Chinese Taipei. The main products exported from Bermuda to Chinese Taipei were Blank Audio Media ($15.6k), Hard Liquor ($10.9k), and Brochures ($3.08k). During the last 5 years the exports of Bermuda to Chinese Taipei have decreased at an annualized rate of 19.6%, from $88.2k in 2018 to $29.6k in 2023.

In 2018, Chinese Taipei exported $624k to Bermuda. The main products exported from Chinese Taipei to Bermuda were Fish Fillets ($204k), Rubber Tires ($129k), and Bi-Wheel Vehicle Parts ($83.7k). During the last 5 years the exports of Chinese Taipei to Bermuda have decreased at an annualized rate of 15.4%, from $1.44M in 2023 to $624k in 2018.

Exports from Bermuda (Flag) to Chinese Taipei (Flag) (2023)

Exports from Chinese Taipei (Flag) to Bermuda (Flag) (2023)

Market Competitiveness

Color
Bermuda
Top DestinationGermany$101M
Chinese Taipei
Top DestinationChina$101B

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

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

In 2023, countries that imported more from Chinese Taipei than Bermuda included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

Difference in imports from Chinese Taipei (Flag) and Bermuda (Flag) (2023)

Comparative Advantage Bermuda - Chinese Taipei

Flow
Scale

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

During 2023, Bermuda had a large net trade with Chinese Taipei in the exports of Machines ($15.6k), Foodstuffs ($10.9k), and Paper Goods ($3.08k).

During 2018, Chinese Taipei had a large net trade with Bermuda in the exports of Animal Products ($204k), Transportation ($192k), and Plastics and Rubbers ($148k).

Economic Complexity

Competitive Landscape

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

Product Space of Bermuda (Flag) and Chinese Taipei (Flag) (2023)

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