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2022
Flag → Flag
Exports $87.4kRnk 26 / 89
2022
Flag → Flag
Top Product $51.6kRecreational Boats
2022
Flag → Flag
Exports $1.36MRnk 162 / 208
2022
Flag → Flag
Top Product $398kBeer
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag  
GDP$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
 GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC $118,846CURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP PC GROWTH20.7%CURRENT US$
Rnk 85 / 186
2022
Flag
GDP PC$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186

About

Bermuda-Portugal In 2022, Bermuda exported $87.4k to Portugal. The main products that Bermuda exported to Portugal are Recreational Boats ($51.6k), Used Clothing ($14.1k), and Ornamental Ceramics ($6.56k). During the last 27 years the exports of Bermuda to Portugal have increased at an annualized rate of 10.3%, from $6.17k in 1995 to $87.4k in 2022.

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

Portugal-Bermuda In 2022, Portugal exported $1.36M to Bermuda. The main products that Portugal exported to Bermuda were Beer ($398k), Wine ($218k), and Water ($125k). During the last 27 years the exports of Portugal to Bermuda have increased at an annualized rate of 3.92%, from $480k in 1995 to $1.36M in 2022.

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

Comparison In 2022,  Bermuda ranked 199 in total exports ($68.1M), and does not have data regarding Economic Complexity Index. That same year, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bermuda exported $87.4k to Portugal. The main products exported from Bermuda to Portugal were Recreational Boats ($51.6k), Used Clothing ($14.1k), and Ornamental Ceramics ($6.56k). During the last 27 years the exports of Bermuda to Portugal have increased at an annualized rate of 10.3%, from $6.17k in 1995 to $87.4k in 2022.

In 2022, Portugal exported $1.36M to Bermuda. The main products exported from Portugal to Bermuda were Beer ($398k), Wine ($218k), and Water ($125k). During the last 27 years the exports of Portugal to Bermuda have increased at an annualized rate of 3.92%, from $480k in 1995 to $1.36M in 2022.

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

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

Latest Data

Trade between Bermuda (Flag) and Portugal (Flag)

Bermuda Exports

Portugal Exports

Market Competitiveness

Color
Bermuda
Top DestinationZambia$17.5M
Portugal
Top DestinationSpain$20.5B

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

In 2021, countries that imported more from Bermuda than Portugal were Zambia ($17.5M) and Tanzania ($5.76M).

In 2021, countries that imported more from Portugal than Bermuda were Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

Comparative Advantage Bermuda - Portugal

Flow
Scale

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

During 2022, Bermuda had a large net trade with Portugal in the exports of Transportation ($51.9k), Textiles ($16.1k), and Stone And Glass ($6.57k).

During 2022, Portugal had a large net trade with Bermuda in the exports of Foodstuffs ($827k), Paper Goods ($133k), and Metals ($108k).

Economic Complexity

Competitive Landscape

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

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

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