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2023
Flag → Flag
Exports $2.49MRnk 179 / 217
2023
Flag → Flag
Top Product $1.52MBeer
2023
Flag → Flag
Exports $17.1kRnk 21 / 90
2023
Flag → Flag
Top Product $89.1kElectric Motor Parts
2023
Flag
Economic Complexity (ECI) ECI 1.13Rnk 22 / 132
2023
Flag  
GDP$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 146 / 195
2023
Flag
 GDP$8.14BCURRENT US$
Rnk 153 / 195
2013-2023
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 123 / 195
2023
Flag
GDP PC $68,454CURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 129 / 195
2023
Flag
GDP PC$125,842CURRENT US$
Rnk 3 / 196
2013-2023
Flag
GDP PC GROWTH23.7%CURRENT US$
Rnk 91 / 195

About

Denmark-Bermuda Trade: In 2023, Denmark exported $2.49M to Bermuda. The main products that Denmark exported to Bermuda were Beer ($1.52M), Electric Motor Parts ($459k), and Flavored Water ($103k). Over the past 5 years the exports of Denmark to Bermuda have decreased at an annualized rate of 4.82%, from $3.19M in 2018 to $2.49M in 2023.

In 2023, Denmark did not export any services to Bermuda.

Bermuda-Denmark Trade: In 2023, Bermuda exported $122k to Denmark. The main products that Bermuda exported to Denmark were Electric Motor Parts ($89.1k), Video Recording Equipment ($30.3k), and Video Cameras ($1.52k). Over the past 5 years the exports of Bermuda to Denmark have increased at an annualized rate of 36.6%,  from $7.36k in 2018 to $122k in 2023.

In 2023, Bermuda did not export any services to Denmark.

Comparison In 2023,  Denmark ranked 22 in the Economic Complexity Index (ECI 1.13),  and 37 in total exports ($118B). That same year, Bermuda ranked 179 in total exports ($254M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Denmark exported $2.49M to Bermuda. The main products exported from Denmark to Bermuda were Beer ($1.52M), Electric Motor Parts ($459k), and Flavored Water ($103k). During the last 6 years the exports of Denmark to Bermuda have decreased at an annualized rate of 9.3%, from $55.8k in 2017 to $2.49M in 2023.

In 2018, Bermuda exported $122k to Denmark. The main products exported from Bermuda to Denmark were Electric Motor Parts ($89.1k), Video Recording Equipment ($30.3k), and Video Cameras ($1.52k). During the last 5 years the exports of Bermuda to Denmark have increased at an annualized rate of 34.9%, from $146k in 2017 to $122k in 2018.

Exports from Denmark (Flag) to Bermuda (Flag) (2023)

Exports from Bermuda (Flag) to Denmark (Flag) (2023)

Latest Data

Trade between Denmark (Flag) and Bermuda (Flag)

Denmark Exports

Bermuda Exports

Market Competitiveness

Color
Denmark
Top DestinationGermany$14.8B
Bermuda
Top DestinationGermany$101M

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

In 2023, countries that imported more from Denmark than Bermuda included Germany ($14.8B), United States ($12B), and Sweden ($11.2B).

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

Difference in imports from Bermuda (Flag) and Denmark (Flag) (2023)

Comparative Advantage Denmark - Bermuda

Flow
Scale

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

During 2023, Denmark had a large net trade with Bermuda in the exports of Foodstuffs ($1.7M), Machines ($658k), and Metals ($48k).

During 2018, Bermuda had a large net trade with Denmark in the exports of Machines ($120k), Instruments ($1.52k), and Textiles ($451).

Economic Complexity

Competitive Landscape

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

Product Space of Denmark (Flag) and Bermuda (Flag) (2023)

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