New Zealand (NZL) and Bermuda (BMU) Trade | The Observatory of Economic Complexity

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New Zealand-Bermuda Trade: In 2022, New Zealand exported $4.34M to Bermuda. The main products that New Zealand exported to Bermuda were Sheep and Goat Meat ($2.69M), Wine ($622k), and Butter ($505k). Over the past 5 years the exports of New Zealand to Bermuda have decreased at an annualized rate of 10.9%, from $7.72M in 2017 to $4.34M in 2022.

In 2022, New Zealand did not export any services to Bermuda.

Bermuda-New Zealand Trade: In 2022, Bermuda exported $18.5k to New Zealand. The main products that Bermuda exported to New Zealand were Hard Liquor ($18.4k), Brochures ($58), and Industrial Printers ($41). Over the past 5 years the exports of Bermuda to New Zealand have decreased at an annualized rate of 28.3%, from $97.9k in 2017 to $18.5k in 2022.

In 2022, Bermuda did not export any services to New Zealand.

Comparison In 2022, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B). That same year, Bermuda ranked 199 in total exports ($68.1M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, New Zealand exported $4.34M to Bermuda. The main products exported from New Zealand to Bermuda were Sheep and Goat Meat ($2.69M), Wine ($622k), and Butter ($505k). During the last 5 years the exports of New Zealand to Bermuda have decreased at an annualized rate of 10.9%, from $7.72M in 2017 to $4.34M in 2022.

In 2017, Bermuda exported $18.5k to New Zealand. The main products exported from Bermuda to New Zealand were Hard Liquor ($18.4k), Brochures ($58), and Industrial Printers ($41). During the last 5 years the exports of Bermuda to New Zealand have decreased at an annualized rate of 28.3%, from $97.9k in 2022 to $18.5k in 2017.

Exports from New Zealand () to Bermuda () (2022)

Exports from Bermuda () to New Zealand () (2022)

Latest Data

Trade between New Zealand () and Bermuda ()

New Zealand Exports

Date

Bermuda Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

New Zealand
Top DestinationChina$13.1B

Bermuda
Top DestinationZambia$17.5M

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

In 2022, countries that imported more from New Zealand than Bermuda included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

In 2022, countries that imported more from Bermuda than New Zealand included Zambia ($17.5M), Zimbabwe ($4.06M), and Tanzania ($5.76M).

Difference in imports from Bermuda () and New Zealand () (2022)

Comparative Advantage New Zealand - Bermuda

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, New Zealand had a large net trade with Bermuda in the exports of Animal Products ($3.6M), Foodstuffs ($622k), and Textiles ($75.1k).

During 2017, Bermuda had a large net trade with New Zealand in the exports of Foodstuffs ($18.4k), Paper Goods ($59), and Machines ($41).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from New Zealand () to Bermuda () (2022)

Exports from Bermuda () to New Zealand () (2022)

Latest Data

Trade between New Zealand () and Bermuda ()

New Zealand Exports

Bermuda Exports

Market Competitiveness

Difference in imports from Bermuda () and New Zealand () (2022)

Comparative Advantage New Zealand - Bermuda

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of New Zealand () and Bermuda () (2022)

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