Flag Switzerland / Bermuda Flag

Exports FlagFlag  (2018): $5.59M, Rnk 157 / 214

Top Product FlagFlag (2018): $1.66M, Base Metal Watches

Exports FlagFlag (2018): $9.32M, Rnk 4 / 60

Top Product FlagFlag (2018): $8.33M, Gold

Economic Complexity of Flag (2018): ECI 2.01, Rnk 2 / 137

GDP Flag (2018): $705B, CURRENT US$
Rnk 20 / 196

GDP GROWTH Flag (2008-2018): 27.2%, CURRENT US$
Rnk 121 / 196

GDP PC Flag (2018): $82,797, CURRENT US$
Rnk 4 / 196

GDP PC GROWTH Flag (2008-2018): 14.2%, CURRENT US$
Rnk 116 / 196

Switzerland-Bermuda: In 2018, Switzerland exported $5.59M to Bermuda. The main products exported from Switzerland to Bermuda were Base Metal Watches ($1.66M), Jewellery ($880k), and Precious Metal Watches ($787k). During the last 23 years the exports of Switzerland to Bermuda have decreased at an annualized rate of 1.22%, from $7.42M in 1995 to $5.59M in 2018.

Bermuda-Switzerland: In 2018, Bermuda exported $9.32M to Switzerland. The main products exported from Bermuda to Switzerland were Gold ($8.33M), Low-voltage Protection Equipment ($228k), and Awnings, Tents, and Sails ($171k). During the last 23 years the exports of Bermuda to Switzerland have increased at an annualized rate of 13.6%, from $498k in 1995 to $9.32M in 2018.

Comparison: In 2018, Switzerland ranked 2 in the Economic Complexity Index (ECI 2.01), and 18 in total exports ($310B). That same year, Bermuda ranked 172 in total exports ($199M), and does not have data regarding Economic Complexity Index. In terms of GDP Per Capita, Switzerland was ranked 4 with a GDP Per Capita of $82,797, while Bermuda has no data regarding GDP Per Capita in 2018.

Bilateral Trade by Products

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Depth
Value

In 2018, Switzerland exported $5.59M to Bermuda. The main products exported from Switzerland to Bermuda were Base Metal Watches ($1.66M), Jewellery ($880k), and Precious Metal Watches ($787k). During the last 23 years the exports of Switzerland to Bermuda have decreased at an annualized rate of 1.22%, from $7.42M in 1995 to $5.59M in 2018.

In 2018, Bermuda exported $9.32M to Switzerland. The main products exported from Bermuda to Switzerland were Gold ($8.33M), Low-voltage Protection Equipment ($228k), and Awnings, Tents, and Sails ($171k). During the last 23 years the exports of Bermuda to Switzerland have increased at an annualized rate of 13.6%, from $498k in 1995 to $9.32M in 2018.

Market Competitiveness

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Measure

Switzerland
Top Destination
: Germany, $47.9B

Bermuda
Top Destination
: Pakistan, $83.5M

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

In 2018, countries that imported more from Switzerland than Bermuda were Germany ($47.9B), United States ($39.7B), and China ($30.4B).

In 2018, no countries were registered that imported more from Bermuda than from Switzerland.

Comparative Advantage Switzerland - Bermuda

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Depth

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

During 2018, Switzerland had a large net trade with Bermuda in the exports of Instruments ($2.55M), Precious Metals ($910k), and Chemical Products ($577k).

During 2018, Bermuda had a large net trade with Switzerland in the exports of Precious Metals ($8.33M), Machines ($263k), and Metals ($196k).

Trade Forecasts

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This section shows a forecast for total trade between Switzerland and Bermuda. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Switzerland has comparative advantage over Bermuda. Similarly, the more red a dot/product is, the more Bermuda has comparative advantage over Switzerland.