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2023
Flag → Flag
Exports $846Rnk 72 / 90
2023
Flag → Flag
Top Product $177Non-Knit Men's Suits
2023
Flag → Flag
Exports $77.1MRnk 181 / 208
2023
Flag → Flag
Top Product $53.6MRailway Cargo Containers
2023
Flag
Economic Complexity (ECI) ECI 1.16Rnk 21 / 132
2023
Flag  
GDP$8.14BCURRENT US$
Rnk 153 / 195
2013-2023
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 123 / 195
2023
Flag
 GDP$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC $125,842CURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP PC GROWTH23.7%CURRENT US$
Rnk 91 / 195
2023
Flag
GDP PC$12,614CURRENT US$
Rnk 80 / 196
2013-2023
Flag
GDP PC GROWTH79.7%CURRENT US$
Rnk 17 / 195

About

Bermuda-China Trade: In 2023, Bermuda exported $846 to China. The main products that Bermuda exported to China were Non-Knit Men's Suits ($177), Non-Knit Men's Coats ($151), and Trunks and Cases ($118). Over the past 5 years the exports of Bermuda to China have decreased at an annualized rate of 64.3%, from $146k in 2018 to $846 in 2023.

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

China-Bermuda Trade: In 2023, China exported $77.1M to Bermuda. The main products that China exported to Bermuda were Railway Cargo Containers ($53.6M), Buses ($6.01M), and Refined Petroleum ($5.37M). Over the past 5 years the exports of China to Bermuda have decreased at an annualized rate of 14.3%,  from $167M in 2018 to $77.1M in 2023.

In 2023, China 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, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bermuda exported $846 to China. The main products exported from Bermuda to China were Non-Knit Men's Suits ($177), Non-Knit Men's Coats ($151), and Trunks and Cases ($118). During the last 5 years the exports of Bermuda to China have decreased at an annualized rate of 64.3%, from $146k in 2018 to $846 in 2023.

In 2018, China exported $77.1M to Bermuda. The main products exported from China to Bermuda were Railway Cargo Containers ($53.6M), Buses ($6.01M), and Refined Petroleum ($5.37M). During the last 5 years the exports of China to Bermuda have decreased at an annualized rate of 14.3%, from $167M in 2023 to $77.1M in 2018.

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

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

Latest Data

Trade between Bermuda (Flag) and China (Flag)

Bermuda Exports

China Exports

Market Competitiveness

Color
Bermuda
Top DestinationGermany$101M
China
Top DestinationUnited States$436B

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

In 2023, no countries were registered that imported more from Bermuda than from China.

In 2023, countries that imported more from China than Bermuda included United States ($436B), Hong Kong ($259B), and Japan ($169B).

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

Comparative Advantage Bermuda - China

Flow
Scale

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

During 2023, Bermuda had a large net trade with China in the exports of Textiles ($648), Animal Hides ($118), and Chemical Products ($80).

During 2018, China had a large net trade with Bermuda in the exports of Transportation ($63M), Mineral Products ($5.37M), and Machines ($3.49M).

Economic Complexity

Competitive Landscape

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

Product Space of Bermuda (Flag) and China (Flag) (2023)

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