Bermuda (BMU) and China (CHN) Trade | The Observatory of Economic Complexity

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Bermuda-China Trade: In 2022, Bermuda exported $44.5k to China. The main products that Bermuda exported to China were Packaged Medicaments ($42.9k), Salt ($705), and Knit Women's Suits ($243). Over the past 5 years the exports of Bermuda to China have increased at an annualized rate of 22.9%, from $15.9k in 2017 to $44.5k in 2022.

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

China-Bermuda Trade: In 2022, China exported $85.3M to Bermuda. The main products that China exported to Bermuda were Railway Cargo Containers ($61.6M), Refined Petroleum ($6.65M), and Buses ($3.95M). Over the past 5 years the exports of China to Bermuda have decreased at an annualized rate of 8.58%, from $134M in 2017 to $85.3M in 2022.

In 2022, China 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, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bermuda exported $44.5k to China. The main products exported from Bermuda to China were Packaged Medicaments ($42.9k), Salt ($705), and Knit Women's Suits ($243). During the last 5 years the exports of Bermuda to China have increased at an annualized rate of 22.9%, from $15.9k in 2017 to $44.5k in 2022.

In 2017, China exported $85.3M to Bermuda. The main products exported from China to Bermuda were Railway Cargo Containers ($61.6M), Refined Petroleum ($6.65M), and Buses ($3.95M). During the last 5 years the exports of China to Bermuda have decreased at an annualized rate of 8.58%, from $134M in 2022 to $85.3M in 2017.

Exports from Bermuda () to China () (2022)

Exports from China () to Bermuda () (2022)

Latest Data

Trade between Bermuda () and China ()

Bermuda Exports

Date

China Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bermuda
Top DestinationN/AN/A

China
Top DestinationN/AN/A

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.

N/A

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

Comparative Advantage Bermuda - China

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bermuda had a large net trade with China in the exports of Chemical Products ($42.9k), Mineral Products ($705), and Textiles ($440).

During 2017, China had a large net trade with Bermuda in the exports of Transportation ($66.5M), Mineral Products ($6.66M), and Machines ($5.23M).

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 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.

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Historical Data

Bilateral Trade by Products

Exports from Bermuda () to China () (2022)

Exports from China () to Bermuda () (2022)

Latest Data

Trade between Bermuda () and China ()

Bermuda Exports

China Exports

Market Competitiveness

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

Comparative Advantage Bermuda - China

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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