Flag Poland / Bermuda Flag

2019
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Exports
: $1.37M, Rnk 175 / 217

2019
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Top Product
: $624k, Iron Structures

2019
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Exports
: $24.5M, Rnk 3 / 82

2019
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Top Product
: $24.4M, Passenger and Cargo Ships

2019
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Economic Complexity (ECI)
: ECI 1.18, Rnk 23 / 157

2019
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GDP
: $596B, CURRENT US$
Rnk 21 / 187

2009-2019
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GDP GROWTH
: 35.5%, CURRENT US$
Rnk 117 / 187

2019
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 GDP
: $7.48B, CURRENT US$
Rnk 147 / 187

2009-2019
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GDP GROWTH
: 12.4%, CURRENT US$
Rnk 159 / 187

2019
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GDP PC 
: $15,693, CURRENT US$
Rnk 57 / 187

2009-2019
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GDP PC GROWTH
: 36.1%, CURRENT US$
Rnk 80 / 187

2019
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GDP PC 
: $117,089, CURRENT US$
Rnk 1 / 187

2009-2019
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GDP PC GROWTH
: 15.5%, CURRENT US$
Rnk 127 / 187

Poland-Bermuda: In 2019, Poland exported $1.37M to Bermuda. The main products that Poland exported to Bermuda are Iron Structures ($624k), Boiler Plants ($203k), and Other Small Iron Pipes ($136k). During the last 24 years the exports of Poland to Bermuda have increased at an annualized rate of 23.6%, from $8.57k in 1995 to $1.37M in 2019.

In 2019, Poland did not exported services to Bermuda.

Bermuda-Poland: In 2019, Bermuda exported $24.5M to Poland . The main products that Bermuda exported to Poland were Passenger and Cargo Ships ($24.4M), Musical Instrument Parts ($61.2k), and Hard Liquor ($6.5k). During the last 24 years the exports of Bermuda to Poland have increased at an annualized rate of 29.1%, from $53.2k in 1995 to $24.5M in 2019.

In 2019, Bermuda did not exported services to Poland.

Comparison: In 2019,  Poland ranked 23 in the Economic Complexity Index (ECI 1.18),  and 22 in total exports ($256B). That same year, Bermuda ranked 165 in total exports ($574M), and does not have data regarding Economic Complexity Index.

Bilateral Trade by Products

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Depth
Value

In 2019, Poland exported $1.37M to Bermuda. The main products exported from Poland to Bermuda were Iron Structures ($624k), Boiler Plants ($203k), and Other Small Iron Pipes ($136k). During the last 24 years the exports of Poland to Bermuda have increased at an annualized rate of 23.6%, from $8.57k in 1995 to $1.37M in 2019.

In 2019, Bermuda exported $24.5M to Poland. The main products exported from Bermuda to Poland were Passenger and Cargo Ships ($24.4M), Musical Instrument Parts ($61.2k), and Hard Liquor ($6.5k). During the last 23 years the exports of Bermuda to Poland have increased at an annualized rate of 29.1%, from $53.2k in 1996 to $24.5M in 2019.

Market Competitiveness

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Measure

Poland
Top Destination
: Germany, $68.4B

Bermuda
Top Destination
: Ireland, $436M

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

In 2019, countries that imported more from Poland than Bermuda were Germany ($68.4B), Czechia ($15.4B), and United Kingdom ($15.3B).

In 2019, countries that imported more from Bermuda than Poland were Jamaica ($6.5M) and Saint Lucia ($794k).

Comparative Advantage Poland - Bermuda

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Depth

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

During 2019, Poland had a large net trade with Bermuda in the exports of Metals ($769k), Machines ($259k), and Transportation ($140k).

During 2019, Bermuda had a large net trade with Poland in the exports of Transportation ($24.4M), Instruments ($63.3k), and Machines ($11.9k).

Tariff Section

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This section shows import tariffs for products traded between Poland and Bermuda (using the HS6 product classification and the last year reported).

In 2017, the products from Poland that paid the highest import tariffs to enter Bermuda were Rice in the husk (paddy or rough) (46.5%) and Rice, semi-milled or wholly milled (28.3%).

In 2018, the products from Bermuda that paid the highest import tariffs to enter Poland were Other Vehicles Including Gas Turbine Powered (75%) and Motor vehicle chassis fitted with engine (75%).

Explore Tariff Data

*The tariffs present between Poland and Bermuda are:
92: Autonomous rates
117: Conventional rates
122: EU preferential tariff for sugar producing countries
136: Most Favoured Nation duty rate treatement
283: Preferential tariff for Overseas Countries and Territories

Economic Complexity

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Competitive Landscape

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