2022
Flag  
GDP
$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH
18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
 GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 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
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
Rnk 144 / 186

About

Bermuda-Chile Trade: In 2022, Bermuda exported $56.6k to Chile. The main products that Bermuda exported to Chile were Railway Cargo Containers ($18.9k), Wood Kitchenware ($17.4k), and Other Cloth Articles ($8.18k). Over the past 5 years the exports of Bermuda to Chile have decreased at an annualized rate of 22.2%, from $199k in 2017 to $56.6k in 2022.

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

Chile-Bermuda Trade: In 2022, Chile exported $289k to Bermuda. The main products that Chile exported to Bermuda were Wine ($229k), Non-fillet Fresh Fish ($54.4k), and Confectionery Sugar ($5.1k). Over the past 5 years the exports of Chile to Bermuda have decreased at an annualized rate of 3.71%,  from $349k in 2017 to $289k in 2022.

In 2022, Chile 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, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bermuda exported $56.6k to Chile. The main products exported from Bermuda to Chile were Railway Cargo Containers ($18.9k), Wood Kitchenware ($17.4k), and Other Cloth Articles ($8.18k). During the last 5 years the exports of Bermuda to Chile have decreased at an annualized rate of 22.2%, from $199k in 2017 to $56.6k in 2022.

In 2017, Chile exported $289k to Bermuda. The main products exported from Chile to Bermuda were Wine ($229k), Non-fillet Fresh Fish ($54.4k), and Confectionery Sugar ($5.1k). During the last 5 years the exports of Chile to Bermuda have decreased at an annualized rate of 3.71%, from $349k in 2022 to $289k in 2017.

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

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

Latest Data

Trade between Bermuda (Flag) and Chile (Flag)

Bermuda Exports

Date

Chile Exports

Market Competitiveness

Color
Bermuda
Top Destination
Zambia$17.5M
Chile
Top Destination
China$38.5B

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

In 2022, countries that imported more from Bermuda than Chile included Angola ($7.13M) and Zimbabwe ($4.06M).

In 2022, countries that imported more from Chile than Bermuda included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

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

Comparative Advantage Bermuda - Chile

Flow
Scale

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

During 2022, Bermuda had a large net trade with Chile in the exports of Transportation ($18.9k), Wood Products ($17.8k), and Textiles ($8.26k).

During 2017, Chile had a large net trade with Bermuda in the exports of Foodstuffs ($234k), Animal Products ($54.4k), and Textiles ($633).

Economic Complexity

Competitive Landscape

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

Product Space of Bermuda (Flag) and Chile (Flag) (2022)

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