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2023
Flag → Flag
Exports $113kRnk 208 / 216
2023
Flag → Flag
Top Product $83.4kMotor vehicles; parts and accessories (8701 to 8705)
2023
Flag → Flag
Exports $22.9kRnk 39 / 90
2023
Flag → Flag
Top Product $10.5kHard Liquor
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag  
GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
 GDP$8.14BCURRENT US$
Rnk 153 / 195
2013-2023
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 123 / 195
2023
Flag
GDP PC $49,041CURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195
2023
Flag
GDP PC$125,842CURRENT US$
Rnk 3 / 196
2013-2023
Flag
GDP PC GROWTH23.7%CURRENT US$
Rnk 91 / 195

About

United Arab Emirates-Bermuda Trade: In 2023, United Arab Emirates exported $113k to Bermuda. The main products that United Arab Emirates exported to Bermuda were Motor vehicles; parts and accessories (8701 to 8705) ($83.4k), Hard Liquor ($15.6k), and Imitation Jewellery ($3k). Over the past 5 years the exports of United Arab Emirates to Bermuda have decreased at an annualized rate of 44.9%, from $2.23M in 2018 to $113k in 2023.

In 2023, United Arab Emirates did not export any services to Bermuda.

Bermuda-United Arab Emirates Trade: In 2023, Bermuda exported $22.9k to United Arab Emirates. The main products that Bermuda exported to United Arab Emirates were Hard Liquor ($10.5k), Railway Cargo Containers ($6.42k), and Flavored Water ($3.37k). Over the past 5 years the exports of Bermuda to United Arab Emirates have increased at an annualized rate of 70.4%,  from $1.6k in 2018 to $22.9k in 2023.

In 2023, Bermuda did not export any services to United Arab Emirates.

Comparison In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15),  and 21 in total exports ($357B). That same year, Bermuda ranked 179 in total exports ($254M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Arab Emirates exported $113k to Bermuda. The main products exported from United Arab Emirates to Bermuda were Motor vehicles; parts and accessories (8701 to 8705) ($83.4k), Hard Liquor ($15.6k), and Imitation Jewellery ($3k). During the last 5 years the exports of United Arab Emirates to Bermuda have decreased at an annualized rate of 44.9%, from $2.23M in 2018 to $113k in 2023.

In 2018, Bermuda exported $22.9k to United Arab Emirates. The main products exported from Bermuda to United Arab Emirates were Hard Liquor ($10.5k), Railway Cargo Containers ($6.42k), and Flavored Water ($3.37k). During the last 5 years the exports of Bermuda to United Arab Emirates have increased at an annualized rate of 70.4%, from $1.6k in 2023 to $22.9k in 2018.

Exports from United Arab Emirates (Flag) to Bermuda (Flag) (2023)

Exports from Bermuda (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Bermuda (Flag)

United Arab Emirates Exports

Bermuda Exports

Date

Market Competitiveness

Color
United Arab Emirates
Top DestinationChina$40.2B
Bermuda
Top DestinationGermany$101M

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

In 2023, countries that imported more from United Arab Emirates than Bermuda included China ($40.2B), India ($38.2B), and Japan ($37.4B).

In 2023, no countries were registered that imported more from Bermuda than from United Arab Emirates.

Difference in imports from Bermuda (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Bermuda

Flow
Scale

This chart compares trade between United Arab Emirates and Bermuda by product, considering products traded by both, United Arab Emirates and Bermuda.

During 2023, United Arab Emirates had a large net trade with Bermuda in the exports of Transportation ($83.4k), Foodstuffs ($15.6k), and Precious Metals ($3.49k).

During 2018, Bermuda had a large net trade with United Arab Emirates in the exports of Foodstuffs ($13.9k), Transportation ($6.74k), and Arts and Antiques ($584).

Economic Complexity

Competitive Landscape

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

Product Space of United Arab Emirates (Flag) and Bermuda (Flag) (2023)

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