2022
Flag  
GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
 GDP
$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH
18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC 
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186
2022
Flag
GDP PC
$118,846CURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP PC GROWTH
20.7%CURRENT US$
Rnk 85 / 186

About

South Africa-Bermuda In 2022, South Africa exported $250k to Bermuda. The main products that South Africa exported to Bermuda are Wine ($100k), Fish Fillets ($92.4k), and Sculptures ($15.1k). During the last 27 years the exports of South Africa to Bermuda have decreased at an annualized rate of 2.66%, from $518k in 1995 to $250k in 2022.

In 2022, South Africa did not export any services to Bermuda.

Bermuda-South Africa In 2022, Bermuda exported $1.17M to South Africa. The main products that Bermuda exported to South Africa were Railway Cargo Containers ($1.16M), Computers ($5.67k), and Other Plastic Products ($435). During the last 27 years the exports of Bermuda to South Africa have increased at an annualized rate of 4.43%, from $361k in 1995 to $1.17M in 2022.

In 2022, Bermuda did not export any services to South Africa.

Comparison In 2022,  South Africa ranked 61 in the Economic Complexity Index (ECI 0.033),  and 34 in total exports ($147B). 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
Value

In 2022, South Africa exported $250k to Bermuda. The main products exported from South Africa to Bermuda were Wine ($100k), Fish Fillets ($92.4k), and Sculptures ($15.1k). During the last 27 years the exports of South Africa to Bermuda have decreased at an annualized rate of 2.66%, from $518k in 1995 to $250k in 2022.

In 2022, Bermuda exported $1.17M to South Africa. The main products exported from Bermuda to South Africa were Railway Cargo Containers ($1.16M), Computers ($5.67k), and Other Plastic Products ($435). During the last 27 years the exports of Bermuda to South Africa have increased at an annualized rate of 4.43%, from $361k in 1995 to $1.17M in 2022.

Exports from South Africa (Flag) to Bermuda (Flag) (2022)

Exports from Bermuda (Flag) to South Africa (Flag) (2022)

Market Competitiveness

Color
South Africa
Top Destination
China$23.4B
Bermuda
Top Destination
Zambia$17.5M

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

In 2021, countries that imported more from South Africa than Bermuda were China ($23.4B), United States ($10.9B), and Germany ($9.96B).

In 2019, no countries were registered that imported more from Bermuda than from South Africa.

Difference in imports from Bermuda (Flag) and South Africa (Flag) (2022)

Comparative Advantage South Africa - Bermuda

Flow
Scale

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

During 2022, South Africa had a large net trade with Bermuda in the exports of Foodstuffs ($125k), Animal Products ($92.4k), and Arts and Antiques ($15.1k).

During 2022, Bermuda had a large net trade with South Africa in the exports of Transportation ($1.16M), Machines ($5.98k), and Plastics and Rubbers ($435).

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 South Africa has comparative advantage over Bermuda. Similarly, the more yellow a dot/product is, the more Bermuda has comparative advantage over South Africa.

Product Space of South Africa (Flag) and Bermuda (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with