2023
Flag  
GDP
$8.14BCURRENT US$
Rnk 153 / 195
2013-2023
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 123 / 195
2023
Flag
GDP PC 
$125,842CURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP PC GROWTH
23.7%CURRENT US$
Rnk 91 / 195

About

In N/A, Bermuda did not export any services to Cuba.

Cuba-Bermuda Trade: In N/A, Cuba exported $117 to Bermuda. The main products that Cuba exported to Bermuda were N/A. Over the past N/A years the exports of Cuba to Bermuda have decreased at an annualized rate of 74.9%,  from $118k in N/A to $117 in N/A.

In N/A, Cuba 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, Cuba ranked 82 in the Economic Complexity Index (ECI -0.42), and 159 in total exports ($1.05B).

Historical Data

Bilateral Trade by Products

Depth
Value

Bermuda does not register exports to Cuba.

In 2017, Cuba exported $117 to Bermuda. There were not main exports from Cuba to Bermuda in 2017. During the last 5 years the exports of Cuba to Bermuda have decreased at an annualized rate of 74.9%, from $118k in 2022 to $117 in 2017.

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

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

Market Competitiveness

Color
Bermuda
Top Destination
Germany$101M
Cuba
Top Destination
China$358M

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

In 2023, countries that imported more from Bermuda than Cuba included South Africa ($96.3M), Germany ($101M), and Netherlands ($37.9M).

In 2023, countries that imported more from Cuba than Bermuda included China ($358M), Spain ($129M), and Switzerland ($48.2M).

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

Comparative Advantage Bermuda - Cuba

Flow
Scale

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

During 2017, Cuba had a large net trade with Bermuda in the exports of .

Economic Complexity

Competitive Landscape

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

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

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