2023
Flag  
GDP
$8.14BCURRENT US$
Rnk 153 / 195
2013-2023
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 123 / 195
2023
Flag
 GDP
$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 139 / 195
2023
Flag
GDP PC 
$125,842CURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP PC GROWTH
23.7%CURRENT US$
Rnk 91 / 195
2023
Flag
GDP PC
$17,068CURRENT US$
Rnk 68 / 196
2013-2023
Flag
GDP PC GROWTH
8.83%CURRENT US$
Rnk 137 / 195

About

Bermuda-Chile Trade: In 2023, Bermuda exported $64.9k to Chile. The main products that Bermuda exported to Chile were Bells and Other Metal Ornaments ($25.2k), Wood Ornaments ($22.7k), and Cooking Hand Tools ($9.22k). Over the past 5 years the exports of Bermuda to Chile have increased at an annualized rate of 4.6%, from $51.8k in 2018 to $64.9k in 2023.

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

Chile-Bermuda Trade: In 2023, Chile exported $202k to Bermuda. The main products that Chile exported to Bermuda were Wine ($202k) and Hard Liquor ($430). Over the past 5 years the exports of Chile to Bermuda have decreased at an annualized rate of 12.9%,  from $403k in 2018 to $202k in 2023.

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

Comparison In 2023,  Bermuda ranked 179 in total exports ($254M), and does not have data regarding Economic Complexity Index. That same year, Chile ranked 72 in the Economic Complexity Index (ECI -0.2), and 43 in total exports ($98.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bermuda exported $64.9k to Chile. The main products exported from Bermuda to Chile were Bells and Other Metal Ornaments ($25.2k), Wood Ornaments ($22.7k), and Cooking Hand Tools ($9.22k). During the last 5 years the exports of Bermuda to Chile have increased at an annualized rate of 4.6%, from $51.8k in 2018 to $64.9k in 2023.

In 2018, Chile exported $202k to Bermuda. The main products exported from Chile to Bermuda were Wine ($202k) and Hard Liquor ($430). During the last 5 years the exports of Chile to Bermuda have decreased at an annualized rate of 12.9%, from $403k in 2023 to $202k in 2018.

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

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

Latest Data

Trade between Bermuda (Flag) and Chile (Flag)

Bermuda Exports

Date

Chile Exports

Market Competitiveness

Color
Bermuda
Top Destination
Germany$101M
Chile
Top Destination
China$38.2B

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 2023, countries that imported more from Bermuda than Chile included Angola ($4.49M), Zimbabwe ($133k), and Montserrat ($12.7k).

In 2023, countries that imported more from Chile than Bermuda included China ($38.2B), United States ($15.7B), and Japan ($7.1B).

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

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 2023, Bermuda had a large net trade with Chile in the exports of Metals ($34.5k), Wood Products ($22.7k), and Textiles ($7.62k).

During 2018, Chile had a large net trade with Bermuda in the exports of Foodstuffs ($202k).

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) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with