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2022
Flag → Flag
Exports $581kRnk 195 / 222
2022
Flag → Flag
Top Product $137kPackaged Medicaments
2022
Flag → Flag
Exports $896Rnk 69 / 89
2022
Flag → Flag
Top Product $292Electric Motors
2022
Flag
Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
 GDP$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186
2022
Flag
GDP PC$118,846CURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP PC GROWTH20.7%CURRENT US$
Rnk 85 / 186

About

Belgium-Bermuda Trade: In 2022, Belgium exported $581k to Bermuda. The main products that Belgium exported to Bermuda were Packaged Medicaments ($137k), Beer ($105k), and Seats ($104k). Over the past 5 years the exports of Belgium to Bermuda have decreased at an annualized rate of 2.91%, from $673k in 2017 to $581k in 2022.

In 2022, Belgium did not export any services to Bermuda.

Bermuda-Belgium Trade: In 2022, Bermuda exported $896 to Belgium. The main products that Bermuda exported to Belgium were Electric Motors ($292), Plastic Housewares ($267), and Non-Knit Women's Suits ($206). Over the past 5 years the exports of Bermuda to Belgium have decreased at an annualized rate of 22.9%,  from $26.3k in 2017 to $896 in 2022.

In 2022, Bermuda did not export any services to Belgium.

Comparison In 2022,  Belgium ranked 19 in the Economic Complexity Index (ECI 1.25),  and 13 in total exports ($475B). That same year, Bermuda ranked 199 in total exports ($68.1M), 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

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $581k to Bermuda. The main products exported from Belgium to Bermuda were Packaged Medicaments ($137k), Beer ($105k), and Seats ($104k). During the last 5 years the exports of Belgium to Bermuda have decreased at an annualized rate of 2.91%, from $673k in 2017 to $581k in 2022.

In 2017, Bermuda exported $896 to Belgium. The main products exported from Bermuda to Belgium were Electric Motors ($292), Plastic Housewares ($267), and Non-Knit Women's Suits ($206). During the last 5 years the exports of Bermuda to Belgium have decreased at an annualized rate of 22.9%, from $26.3k in 2022 to $896 in 2017.

Exports from Belgium (Flag) to Bermuda (Flag) (2022)

Exports from Bermuda (Flag) to Belgium (Flag) (2022)

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Bermuda
Top DestinationZambia$17.5M

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 2022, countries that imported more from Belgium than Bermuda included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2022, no countries were registered that imported more from Bermuda than from Belgium.

Difference in imports from Bermuda (Flag) and Belgium (Flag) (2022)

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 2022, Belgium had a large net trade with Bermuda in the exports of Chemical Products ($196k), Miscellaneous ($166k), and Foodstuffs ($133k).

During 2017, Bermuda had a large net trade with Belgium in the exports of Plastics and Rubbers ($365), Machines ($292), and Textiles ($206).

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) (2022)

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