2022
Flag  
GDP
$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH
18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
 GDP
$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH
32%CURRENT US$
Rnk 93 / 186
2022
Flag
GDP PC 
$118,846CURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP PC GROWTH
20.7%CURRENT US$
Rnk 85 / 186
2022
Flag
GDP PC
$53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH
21.1%CURRENT US$
Rnk 81 / 186

About

Bermuda-United Arab Emirates Trade: In 2022, Bermuda exported $23.7k to United Arab Emirates. The main products that Bermuda exported to United Arab Emirates were Refined Petroleum ($12.2k), Hard Liquor ($10.2k), and Other Knit Garments ($705). Over the past 5 years the exports of Bermuda to United Arab Emirates have decreased at an annualized rate of 34.8%, from $201k in 2017 to $23.7k in 2022.

In 2022, Bermuda did not export any services to United Arab Emirates.

United Arab Emirates-Bermuda Trade: In 2022, United Arab Emirates exported $135k to Bermuda. The main products that United Arab Emirates exported to Bermuda were Motor vehicles; parts and accessories (8701 to 8705) ($112k), House Linens ($8.03k), and Jewellery ($2.69k). Over the past 5 years the exports of United Arab Emirates to Bermuda have decreased at an annualized rate of 37.4%,  from $1.4M in 2017 to $135k in 2022.

In 2022, United Arab Emirates did not export any services to Bermuda.

Comparison In 2022,  Bermuda ranked 199 in total exports ($68.1M), and does not have data regarding Economic Complexity Index. That same year, United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bermuda exported $23.7k to United Arab Emirates. The main products exported from Bermuda to United Arab Emirates were Refined Petroleum ($12.2k), Hard Liquor ($10.2k), and Other Knit Garments ($705). During the last 5 years the exports of Bermuda to United Arab Emirates have decreased at an annualized rate of 34.8%, from $201k in 2017 to $23.7k in 2022.

In 2017, United Arab Emirates exported $135k to Bermuda. The main products exported from United Arab Emirates to Bermuda were Motor vehicles; parts and accessories (8701 to 8705) ($112k), House Linens ($8.03k), and Jewellery ($2.69k). During the last 5 years the exports of United Arab Emirates to Bermuda have decreased at an annualized rate of 37.4%, from $1.4M in 2022 to $135k in 2017.

Exports from Bermuda (Flag) to United Arab Emirates (Flag) (2022)

Exports from United Arab Emirates (Flag) to Bermuda (Flag) (2022)

Latest Data

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

Bermuda Exports

Date

United Arab Emirates Exports

Market Competitiveness

Color
Bermuda
Top Destination
Zambia$17.5M
United Arab Emirates
Top Destination
India$51B

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

In 2022, no countries were registered that imported more from Bermuda than from United Arab Emirates.

In 2022, countries that imported more from United Arab Emirates than Bermuda included India ($51B), Japan ($40.9B), and China ($32.5B).

Difference in imports from United Arab Emirates (Flag) and Bermuda (Flag) (2022)

Comparative Advantage Bermuda - United Arab Emirates

Flow
Scale

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

During 2022, Bermuda had a large net trade with United Arab Emirates in the exports of Mineral Products ($12.2k), Foodstuffs ($10.3k), and Textiles ($705).

During 2017, United Arab Emirates had a large net trade with Bermuda in the exports of Transportation ($112k), Textiles ($11.4k), and Precious Metals ($3.62k).

Economic Complexity

Competitive Landscape

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

Product Space of Bermuda (Flag) and United Arab Emirates (Flag) (2022)

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