Bermuda (BMU) and Switzerland (CHE) Trade | The Observatory of Economic Complexity

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Bermuda-Switzerland Trade: In 2022, Bermuda exported $32.7k to Switzerland. The main products that Bermuda exported to Switzerland were Hard Liquor ($18.2k), Flavored Water ($3.18k), and Aircraft Parts ($2.4k). Over the past 5 years the exports of Bermuda to Switzerland have decreased at an annualized rate of 17.7%, from $86.6k in 2017 to $32.7k in 2022.

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

Switzerland-Bermuda Trade: In 2022, Switzerland exported $7.74M to Bermuda. The main products that Switzerland exported to Bermuda were Precious Metal Watches ($2.03M), Base Metal Watches ($1.85M), and Packaged Medicaments ($1M). Over the past 5 years the exports of Switzerland to Bermuda have decreased at an annualized rate of 0.73%, from $8.03M in 2017 to $7.74M in 2022.

In 2022, Switzerland 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, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bermuda exported $32.7k to Switzerland. The main products exported from Bermuda to Switzerland were Hard Liquor ($18.2k), Flavored Water ($3.18k), and Aircraft Parts ($2.4k). During the last 5 years the exports of Bermuda to Switzerland have decreased at an annualized rate of 17.7%, from $86.6k in 2017 to $32.7k in 2022.

In 2017, Switzerland exported $7.74M to Bermuda. The main products exported from Switzerland to Bermuda were Precious Metal Watches ($2.03M), Base Metal Watches ($1.85M), and Packaged Medicaments ($1M). During the last 5 years the exports of Switzerland to Bermuda have decreased at an annualized rate of 0.73%, from $8.03M in 2022 to $7.74M in 2017.

Exports from Bermuda () to Switzerland () (2022)

Exports from Switzerland () to Bermuda () (2022)

Latest Data

Trade between Bermuda () and Switzerland ()

Bermuda Exports

Date

Switzerland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bermuda
Top DestinationZambia$17.5M

Switzerland
Top DestinationUnited States$61.7B

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

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

In 2022, countries that imported more from Switzerland than Bermuda included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

Difference in imports from Switzerland () and Bermuda () (2022)

Comparative Advantage Bermuda - Switzerland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bermuda had a large net trade with Switzerland in the exports of Foodstuffs ($21.6k), Transportation ($2.4k), and Instruments ($1.45k).

During 2017, Switzerland had a large net trade with Bermuda in the exports of Instruments ($4.38M), Machines ($1.38M), and Chemical Products ($1.05M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Bermuda () to Switzerland () (2022)

Exports from Switzerland () to Bermuda () (2022)

Latest Data

Trade between Bermuda () and Switzerland ()

Bermuda Exports

Switzerland Exports

Market Competitiveness

Difference in imports from Switzerland () and Bermuda () (2022)

Comparative Advantage Bermuda - Switzerland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bermuda () and Switzerland () (2022)

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