2023
Flag  
GDP
$8.14BCURRENT US$
Rnk 153 / 195
2013-2023
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 123 / 195
2023
Flag
 GDP
$654MCURRENT US$
Rnk 189 / 195
2013-2023
Flag
GDP GROWTH
31.2%CURRENT US$
Rnk 112 / 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
$9,833CURRENT US$
Rnk 90 / 196
2013-2023
Flag
GDP PC GROWTH
37.6%CURRENT US$
Rnk 64 / 195

About

Bermuda-Dominica Trade: In 2023, Bermuda exported $212 to Dominica. The main products that Bermuda exported to Dominica were Motor vehicles; parts and accessories (8701 to 8705) ($212). Over the past 5 years the exports of Bermuda to Dominica have decreased at an annualized rate of 60.6%, from $22.2k in 2018 to $212 in 2023.

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

Dominica-Bermuda Trade: In 2023, Dominica exported $456 to Bermuda. The main products that Dominica exported to Bermuda were N/A. Over the past 5 years the exports of Dominica to Bermuda have increased at an annualized rate of 67.1%,  from $35 in 2018 to $456 in 2023.

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

Comparison In 2023,  Bermuda ranked 179 in total exports ($254M). That same year, Dominica ranked 205 in total exports ($47.6M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bermuda exported $212 to Dominica. The main products exported from Bermuda to Dominica were Motor vehicles; parts and accessories (8701 to 8705) ($212). During the last 5 years the exports of Bermuda to Dominica have decreased at an annualized rate of 60.6%, from $22.2k in 2018 to $212 in 2023.

In 2016, Dominica exported $456 to Bermuda. There were not main exports from Dominica to Bermuda in 2016. During the last 5 years the exports of Dominica to Bermuda have increased at an annualized rate of 67.1%, from $35 in 2021 to $456 in 2016.

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

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

Market Competitiveness

Color
Bermuda
Top Destination
Germany$101M
Dominica
Top Destination
Bahamas$6.11M

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

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

In 2023, countries that imported more from Dominica than Bermuda included Bahamas ($6.11M), Saudi Arabia ($5.35M), and Iceland ($4.72M).

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

Comparative Advantage Bermuda - Dominica

Flow
Scale

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

During 2023, Bermuda had a large net trade with Dominica in the exports of Transportation ($212).

During 2016, Dominica 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 Dominica. This means that a dot/product with the flag of Bermuda indicates it has a comparative advantage over Dominica. Similarly, a dot/product with the flag of Dominica indicates it has a comparative advantage over Bermuda.

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

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