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2023
Flag → Flag
Exports $360kRnk 203 / 220
2023
Flag → Flag
Top Product $177kBeer
2023
Flag → Flag
Exports $1.36kRnk 68 / 90
2023
Flag → Flag
Top Product $1.02kOther Measuring Instruments
2023
Flag
Economic Complexity (ECI) ECI 1.23Rnk 20 / 132
2023
Flag  
GDP$645BCURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP GROWTH23%CURRENT US$
Rnk 132 / 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 $54,701CURRENT US$
Rnk 20 / 195
2013-2023
Flag
GDP PC GROWTH16.5%CURRENT US$
Rnk 113 / 195
2023
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GDP PC$125,842CURRENT US$
Rnk 3 / 196
2013-2023
Flag
GDP PC GROWTH23.7%CURRENT US$
Rnk 91 / 195

About

Belgium-Bermuda Trade: In 2023, Belgium exported $360k to Bermuda. The main products that Belgium exported to Bermuda were Beer ($177k), Vaccines, blood, antisera, toxins and cultures ($74.6k), and Other Electrical Machinery ($34.6k). Over the past 5 years the exports of Belgium to Bermuda have decreased at an annualized rate of 20.4%, from $1.13M in 2018 to $360k in 2023.

In 2023, Belgium did not export any services to Bermuda.

Bermuda-Belgium Trade: In 2023, Bermuda exported $1.36k to Belgium. The main products that Bermuda exported to Belgium were Other Measuring Instruments ($1.02k), Non-Knit Men's Coats ($205), and Electric Motors ($76). Over the past 5 years the exports of Bermuda to Belgium have decreased at an annualized rate of 19.2%,  from $33.4k in 2018 to $1.36k in 2023.

In 2023, Bermuda did not export any services to Belgium.

Comparison In 2023,  Belgium ranked 20 in the Economic Complexity Index (ECI 1.23),  and 13 in total exports ($437B). That same year, Bermuda ranked 179 in total exports ($254M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

About

Overview In N/A, Belgium exported €N/A and imported €N/A from Bermuda, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Belgium have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Belgium to Bermuda were Beverages, spirits, & vinegar (€6.09k) and Edible products of animal origin, n.e.s. (€168). In N/A the top imports of Belgium from Bermuda were Non-knitted clothing accesories (€190).

Growth In N/A, the N/A in Belgium's year-by-year exports to Bermuda was explained primarily by an decrease in product exports in . In N/A, the N/A in Belgium's year-by-year imports  from Bermuda was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth

This section shows exports and imports data at subnational level for Belgium. Click any date in the line plot or any product to explore the exports or imports behavior of Belgium over time.

To check Bermuda and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Bermuda and Belgium Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belgium exported $360k to Bermuda. The main products exported from Belgium to Bermuda were Beer ($177k), Vaccines, blood, antisera, toxins and cultures ($74.6k), and Other Electrical Machinery ($34.6k). During the last 5 years the exports of Belgium to Bermuda have decreased at an annualized rate of 20.4%, from $1.13M in 2018 to $360k in 2023.

In 2018, Bermuda exported $1.36k to Belgium. The main products exported from Bermuda to Belgium were Other Measuring Instruments ($1.02k), Non-Knit Men's Coats ($205), and Electric Motors ($76). During the last 5 years the exports of Bermuda to Belgium have decreased at an annualized rate of 19.2%, from $33.4k in 2023 to $1.36k in 2018.

Exports from Belgium (Flag) to Bermuda (Flag) (2023)

Exports from Bermuda (Flag) to Belgium (Flag) (2023)

Market Competitiveness

Color
Belgium
Top DestinationFrance$85.6B
Bermuda
Top DestinationGermany$101M

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

In 2023, countries that imported more from Belgium than Bermuda included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

In 2023, no countries were registered that imported more from Bermuda than from Belgium.

Difference in imports from Bermuda (Flag) and Belgium (Flag) (2023)

Comparative Advantage Belgium - Bermuda

Flow
Scale

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

During 2023, Belgium had a large net trade with Bermuda in the exports of Foodstuffs ($178k), Chemical Products ($80.1k), and Machines ($43.5k).

During 2018, Bermuda had a large net trade with Belgium in the exports of Instruments ($1.02k), Textiles ($205), and Machines ($76).

Economic Complexity

Competitive Landscape

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

Product Space of Belgium (Flag) and Bermuda (Flag) (2023)

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