Bermuda (BMU) and Tanzania (TZA) Trade | The Observatory of Economic Complexity

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Bermuda-Tanzania Trade: In 2022, Bermuda exported $5.76M to Tanzania. The main products that Bermuda exported to Tanzania were Excavation Machinery ($1.5M), Interchangeable Tool Parts ($1.38M), and Other Construction Vehicles ($980k). Over the past 5 years the exports of Bermuda to Tanzania have increased at an annualized rate of 31.9%, from $1.44M in 2017 to $5.76M in 2022.

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

Tanzania-Bermuda In N/A, Tanzania did not export any products to Bermuda.

In 2022, Tanzania 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, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08), and 104 in total exports ($10B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bermuda exported $5.76M to Tanzania. The main products exported from Bermuda to Tanzania were Excavation Machinery ($1.5M), Interchangeable Tool Parts ($1.38M), and Other Construction Vehicles ($980k). During the last 5 years the exports of Bermuda to Tanzania have increased at an annualized rate of 31.9%, from $1.44M in 2017 to $5.76M in 2022.

Tanzania does not register exports to Bermuda.

Exports from Bermuda () to Tanzania () (2022)

Exports from Tanzania () to Bermuda () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bermuda
Top DestinationZambia$17.5M

Tanzania
Top DestinationIndia$2.73B

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

In 2022, countries that imported more from Bermuda than Tanzania included Angola ($7.13M), Cyprus ($2.39M), and Jamaica ($893k).

In 2022, countries that imported more from Tanzania than Bermuda included India ($2.73B), United Arab Emirates ($1.07B), and South Africa ($939M).

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

Comparative Advantage Bermuda - Tanzania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bermuda had a large net trade with Tanzania in the exports of Machines ($3.35M), Metals ($2.04M), and Plastics and Rubbers ($178k).

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

About

Historical Data

Bilateral Trade by Products

Exports from Bermuda () to Tanzania () (2022)

Exports from Tanzania () to Bermuda () (2022)

Market Competitiveness

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

Comparative Advantage Bermuda - Tanzania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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