2023
Flag  
GDP
$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH
62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
 GDP
$8.14BCURRENT US$
Rnk 153 / 195
2013-2023
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 123 / 195
2023
Flag
GDP PC 
$30,133CURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP PC GROWTH
56%CURRENT US$
Rnk 35 / 195
2023
Flag
GDP PC
$125,842CURRENT US$
Rnk 3 / 196
2013-2023
Flag
GDP PC GROWTH
23.7%CURRENT US$
Rnk 91 / 195

About

Estonia-Bermuda Trade: In 2023, Estonia exported $3.53k to Bermuda. The main products that Estonia exported to Bermuda were Electrical Ignitions ($1.88k), Transmissions ($1.15k), and Motor vehicles; parts and accessories (8701 to 8705) ($436). Over the past 5 years the exports of Estonia to Bermuda have increased at an annualized rate of 31.4%, from $902 in 2018 to $3.53k in 2023.

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

Bermuda-Estonia Trade: In 2023, Bermuda exported $43.5k to Estonia. The main products that Bermuda exported to Estonia were Railway Cargo Containers ($29.1k), Hard Liquor ($14.4k), and Brochures ($14). Over the past 5 years the exports of Bermuda to Estonia have increased at an annualized rate of 78.9%,  from $2.38k in 2018 to $43.5k in 2023.

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

Comparison In 2023,  Estonia ranked 79 in total exports ($20B). That same year, Bermuda ranked 179 in total exports ($254M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Estonia exported $3.53k to Bermuda. The main products exported from Estonia to Bermuda were Electrical Ignitions ($1.88k), Transmissions ($1.15k), and Motor vehicles; parts and accessories (8701 to 8705) ($436). During the last 5 years the exports of Estonia to Bermuda have increased at an annualized rate of 31.4%, from $902 in 2018 to $3.53k in 2023.

In 2018, Bermuda exported $43.5k to Estonia. The main products exported from Bermuda to Estonia were Railway Cargo Containers ($29.1k), Hard Liquor ($14.4k), and Brochures ($14). During the last 5 years the exports of Bermuda to Estonia have increased at an annualized rate of 78.9%, from $2.38k in 2023 to $43.5k in 2018.

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

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

Latest Data

Trade between Estonia (Flag) and Bermuda (Flag)

Estonia Exports

Date

Market Competitiveness

Color
Estonia
Top Destination
Finland$2.71B
Bermuda
Top Destination
Germany$101M

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

In 2023, countries that imported more from Estonia than Bermuda included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

In 2023, countries that imported more from Bermuda than Estonia included South Africa ($96.3M), Zambia ($1.45M), and Guyana ($198k).

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

Comparative Advantage Estonia - Bermuda

Flow
Scale

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

During 2023, Estonia had a large net trade with Bermuda in the exports of Machines ($3.03k), Transportation ($436), and Plastics and Rubbers ($66).

During 2018, Bermuda had a large net trade with Estonia in the exports of Transportation ($29.1k), Foodstuffs ($14.4k), and Paper Goods ($14).

Economic Complexity

Competitive Landscape

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

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

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