2022
Flag  
GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH
-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
 GDP
$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH
18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC 
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH
-27.7%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC
$118,846CURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP PC GROWTH
20.7%CURRENT US$
Rnk 85 / 186

About

Brazil-Bermuda Trade: In 2022, Brazil exported $5.88M to Bermuda. The main products that Brazil exported to Bermuda were Liquid Pumps ($1.1M), Refined Petroleum ($909k), and Valves ($685k). Over the past 5 years the exports of Brazil to Bermuda have increased at an annualized rate of 26.4%, from $1.82M in 2017 to $5.88M in 2022.

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

Bermuda-Brazil Trade: In 2022, Bermuda exported $730k to Brazil. The main products that Bermuda exported to Brazil were Hard Liquor ($728k), Low-voltage Protection Equipment ($1.78k), and Thermostats ($568). Over the past 5 years the exports of Bermuda to Brazil have increased at an annualized rate of 18.5%,  from $223k in 2017 to $730k in 2022.

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

Comparison In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36),  and 25 in total exports ($341B). That same year, Bermuda ranked 199 in total exports ($68.1M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $5.88M to Bermuda. The main products exported from Brazil to Bermuda were Liquid Pumps ($1.1M), Refined Petroleum ($909k), and Valves ($685k). During the last 5 years the exports of Brazil to Bermuda have increased at an annualized rate of 26.4%, from $1.82M in 2017 to $5.88M in 2022.

In 2017, Bermuda exported $730k to Brazil. The main products exported from Bermuda to Brazil were Hard Liquor ($728k), Low-voltage Protection Equipment ($1.78k), and Thermostats ($568). During the last 5 years the exports of Bermuda to Brazil have increased at an annualized rate of 18.5%, from $223k in 2022 to $730k in 2017.

Exports from Brazil (Flag) to Bermuda (Flag) (2022)

Exports from Bermuda (Flag) to Brazil (Flag) (2022)

Market Competitiveness

Color
Brazil
Top Destination
N/AN/A
Bermuda
Top Destination
N/AN/A

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

N/A

N/A

Difference in imports from Bermuda (Flag) and Brazil (Flag) (2022)

Comparative Advantage Brazil - Bermuda

Flow
Scale

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

During 2022, Brazil had a large net trade with Bermuda in the exports of Machines ($2.55M), Animal Products ($1.46M), and Mineral Products ($909k).

During 2017, Bermuda had a large net trade with Brazil in the exports of Foodstuffs ($728k), Machines ($1.96k), and Instruments ($568).

Economic Complexity

Competitive Landscape

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

Product Space of Brazil (Flag) and Bermuda (Flag) (2022)

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