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2022
Flag → Flag
Exports $85.3MRnk 181 / 211
2022
Flag → Flag
Top Product $61.6MRailway Cargo Containers
2022
Flag → Flag
Exports $44.5kRnk 35 / 89
2022
Flag → Flag
Top Product $42.9kPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI 1.12Rnk 22 / 133
2022
Flag  
GDP$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH111%CURRENT US$
Rnk 11 / 186
2022
Flag
 GDP$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC $12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH102%CURRENT US$
Rnk 8 / 186
2022
Flag
GDP PC$118,846CURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP PC GROWTH20.7%CURRENT US$
Rnk 85 / 186

About

China-Bermuda Trade: In 2022, China exported $85.3M to Bermuda. The main products that China exported to Bermuda were Railway Cargo Containers ($61.6M), Refined Petroleum ($6.65M), and Buses ($3.95M). Over the past 5 years the exports of China to Bermuda have decreased at an annualized rate of 8.58%, from $134M in 2017 to $85.3M in 2022.

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

Bermuda-China Trade: In 2022, Bermuda exported $44.5k to China. The main products that Bermuda exported to China were Packaged Medicaments ($42.9k), Salt ($705), and Knit Women's Suits ($243). Over the past 5 years the exports of Bermuda to China have increased at an annualized rate of 22.9%,  from $15.9k in 2017 to $44.5k in 2022.

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

Comparison In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12),  and 1 in total exports ($3.73T). That same year, Bermuda ranked 199 in total exports ($68.1M), and does not have data regarding Economic Complexity Index.

Latest Trends

September, 2024

About

Overview In September 2024, China exported $25.2M and imported $161 from Bermuda, resulting in a positive trade balance of $25.2M. Between September 2023 and September 2024 the exports of China have increased by $8.49M (50.7%) from $16.8M to $25.2M, while imports decreased by $-100 (-38.3%) from $261 to $161.

Trade In September 2024, the top exports of China to Bermuda were Railway Cargo Containers ($2.83M), Air Conditioners ($686k), Electrical Transformers ($483k), Fish: dried, salted, smoked or in... ($237k), and Telephones ($139k). In September 2024 the top imports of China from Bermuda were Commodities not elsewhere specified ($133).

Origins In September 2024 the exports of China were mainly from Shanghai Province ($9.98M), Jiangsu Province ($8.19M), Tianjin ($5.06M), Guangdong Province ($1.73M), and Zhejiang Province ($113k), while imports destinations were mainly Guangdong Province ($161).

Growth In September 2024, the increase in China's year-by-year exports to Bermuda was explained primarily by an increase in product exports in Railway Cargo Containers ($2.45M or 641%), Other Plastic Products ($642 or 191%), and Non-Knit Men's Suits ($517 or 246%). In September 2024, the decrease in China's year-by-year imports  from Bermuda was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)$8.49M(50.7%)
IMPORT GROWTH (September 2023 - September 2024)$-100(-38.3%)
MAIN EXPORTER (September 2024)Shanghai Province$9.98M

This section shows exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of China over time.

To check Bermuda and China trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $85.3M to Bermuda. The main products exported from China to Bermuda were Railway Cargo Containers ($61.6M), Refined Petroleum ($6.65M), and Buses ($3.95M). During the last 5 years the exports of China to Bermuda have decreased at an annualized rate of 8.58%, from $134M in 2017 to $85.3M in 2022.

In 2017, Bermuda exported $44.5k to China. The main products exported from Bermuda to China were Packaged Medicaments ($42.9k), Salt ($705), and Knit Women's Suits ($243). During the last 5 years the exports of Bermuda to China have increased at an annualized rate of 22.9%, from $15.9k in 2022 to $44.5k in 2017.

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

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

Market Competitiveness

Color
China
Top DestinationN/AN/A
Bermuda
Top DestinationN/AN/A

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

N/A

N/A

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

Comparative Advantage China - Bermuda

Flow
Scale

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

During 2022, China had a large net trade with Bermuda in the exports of Transportation ($66.5M), Mineral Products ($6.66M), and Machines ($5.23M).

During 2017, Bermuda had a large net trade with China in the exports of Chemical Products ($42.9k), Mineral Products ($705), and Textiles ($440).

Economic Complexity

Competitive Landscape

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

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

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