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2022
Flag → Flag
Exports $13.5MRnk 181 / 221
2022
Flag → Flag
Top Product $2.06MWine
2022
Flag → Flag
Exports $318kRnk 16 / 89
2022
Flag → Flag
Top Product $288kRailway Cargo Containers
2022
Flag
Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
Flag  
GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
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 GDP$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC $34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC$118,846CURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP PC GROWTH20.7%CURRENT US$
Rnk 85 / 186

About

Italy-Bermuda Trade: In 2022, Italy exported $13.5M to Bermuda. The main products that Italy exported to Bermuda were Wine ($2.06M), Unglazed Ceramics ($1.12M), and Motorcycles and cycles ($830k). Over the past 5 years the exports of Italy to Bermuda have increased at an annualized rate of 8.96%, from $8.82M in 2017 to $13.5M in 2022.

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

Bermuda-Italy Trade: In 2022, Bermuda exported $318k to Italy. The main products that Bermuda exported to Italy were Railway Cargo Containers ($288k), Plastic Pipes ($10.7k), and Electrical Transformers ($10.2k). Over the past 5 years the exports of Bermuda to Italy have decreased at an annualized rate of 51.8%,  from $12.2M in 2017 to $318k in 2022.

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

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29),  and 7 in total exports ($634B). That same year, Bermuda ranked 199 in total exports ($68.1M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

About

Overview In N/A, Italy exported €N/A and imported €N/A from Bermuda, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Italy have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Italy to Bermuda were . In N/A the top imports of Italy from Bermuda were .

Growth In N/A, the N/A in Italy's year-by-year exports to Bermuda was explained primarily by an decrease in product exports in . In N/A, the N/A in Italy's year-by-year imports  from Bermuda was explained primarily by an decrease in product imports  in .

Latest Trade

Flow
Time Scale
Depth
Value

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

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

For full datasets download visit Bulk Download page.

Explore Bermuda and Italy Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $13.5M to Bermuda. The main products exported from Italy to Bermuda were Wine ($2.06M), Unglazed Ceramics ($1.12M), and Motorcycles and cycles ($830k). During the last 5 years the exports of Italy to Bermuda have increased at an annualized rate of 8.96%, from $8.82M in 2017 to $13.5M in 2022.

In 2017, Bermuda exported $318k to Italy. The main products exported from Bermuda to Italy were Railway Cargo Containers ($288k), Plastic Pipes ($10.7k), and Electrical Transformers ($10.2k). During the last 21 years the exports of Bermuda to Italy have decreased at an annualized rate of 51.8%, from $12.2M in 1996 to $318k in 2017.

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

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

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Bermuda
Top DestinationZambia$17.5M

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

In 2022, countries that imported more from Italy than Bermuda included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, no countries were registered that imported more from Bermuda than from Italy.

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

Comparative Advantage Italy - Bermuda

Flow
Scale

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

During 2022, Italy had a large net trade with Bermuda in the exports of Foodstuffs ($3.23M), Stone And Glass ($2.12M), and Transportation ($1.1M).

During 2017, Bermuda had a large net trade with Italy in the exports of Transportation ($288k), Machines ($25k), and Metals ($11k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Bermuda+N/AN/A
Top Product Potential Bermuda Italy+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

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

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