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2022
Flag → Flag
Exports $320Rnk 77 / 89
2022
Flag → Flag
Top Product $320Iron Fasteners
2022
Flag → Flag
Exports $598kRnk 145 / 187
2022
Flag → Flag
Top Product $229kAluminium Structures
2022
Flag
Economic Complexity (ECI) ECI 0.11Rnk 58 / 133
2022
Flag  
GDP$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
 GDP$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
GDP PC $118,846CURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP PC GROWTH20.7%CURRENT US$
Rnk 85 / 186
2022
Flag
GDP PC$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH-18.1%CURRENT US$
Rnk 169 / 186

About

Bermuda-Colombia Trade: In 2022, Bermuda exported $320 to Colombia. The main products that Bermuda exported to Colombia were Iron Fasteners ($320). Over the past 6 years the exports of Bermuda to Colombia have increased at an annualized rate of 26%, from $80 in 2016 to $320 in 2022.

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

Colombia-Bermuda Trade: In 2022, Colombia exported $598k to Bermuda. The main products that Colombia exported to Bermuda were Aluminium Structures ($229k), Cars ($128k), and Plastic Pipes ($101k). Over the past 6 years the exports of Colombia to Bermuda have increased at an annualized rate of 8.35%,  from $400k in 2016 to $598k in 2022.

In 2022, Colombia 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, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bermuda exported $320 to Colombia. The main products exported from Bermuda to Colombia were Iron Fasteners ($320). During the last 6 years the exports of Bermuda to Colombia have increased at an annualized rate of 26%, from $80 in 2016 to $320 in 2022.

In 2017, Colombia exported $598k to Bermuda. The main products exported from Colombia to Bermuda were Aluminium Structures ($229k), Cars ($128k), and Plastic Pipes ($101k). During the last 5 years the exports of Colombia to Bermuda have increased at an annualized rate of 8.35%, from $400k in 2022 to $598k in 2017.

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

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

Latest Data

Trade between Bermuda (Flag) and Colombia (Flag)

Colombia Exports

Market Competitiveness

Color
Bermuda
Top DestinationZambia$17.5M
Colombia
Top DestinationUnited States$15.6B

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

In 2022, countries that imported more from Bermuda than Colombia included Zambia ($17.5M), Tanzania ($5.76M), and Zimbabwe ($4.06M).

In 2022, countries that imported more from Colombia than Bermuda included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

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

Comparative Advantage Bermuda - Colombia

Flow
Scale

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

During 2022, Bermuda had a large net trade with Colombia in the exports of Metals ($320).

During 2017, Colombia had a large net trade with Bermuda in the exports of Metals ($229k), Transportation ($128k), and Plastics and Rubbers ($102k).

Economic Complexity

Competitive Landscape

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

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

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