2022
Flag  
GDP
$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH
18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
 GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
GDP PC 
$118,846CURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP PC GROWTH
20.7%CURRENT US$
Rnk 85 / 186
2022
Flag
GDP PC
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186

About

Bermuda-Estonia Trade: In 2022, Bermuda exported $6.35k to Estonia. The main products that Bermuda exported to Estonia were Hard Liquor ($6.35k). Over the past 13 years the exports of Bermuda to Estonia have increased at an annualized rate of 12.5%, from $1.38k in 2009 to $6.35k in 2022.

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

Estonia-Bermuda Trade: In 2022, Estonia exported $74.6k to Bermuda. The main products that Estonia exported to Bermuda were Insulated Wire ($19.8k), Iron Sheet Piling ($10.2k), and Motor vehicles; parts and accessories (8701 to 8705) ($5.08k). Over the past 13 years the exports of Estonia to Bermuda have increased at an annualized rate of 106%,  from $2.03k in 2009 to $74.6k in 2022.

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

Comparison In 2022,  Bermuda ranked 199 in total exports ($68.1M). That same year, Estonia ranked 74 in total exports ($23.1B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bermuda exported $6.35k to Estonia. The main products exported from Bermuda to Estonia were Hard Liquor ($6.35k). During the last 13 years the exports of Bermuda to Estonia have increased at an annualized rate of 12.5%, from $1.38k in 2009 to $6.35k in 2022.

In 2017, Estonia exported $74.6k to Bermuda. The main products exported from Estonia to Bermuda were Insulated Wire ($19.8k), Iron Sheet Piling ($10.2k), and Motor vehicles; parts and accessories (8701 to 8705) ($5.08k). During the last 5 years the exports of Estonia to Bermuda have increased at an annualized rate of 106%, from $2.03k in 2022 to $74.6k in 2017.

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

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

Latest Data

Trade between Bermuda (Flag) and Estonia (Flag)

Estonia Exports

Date

Market Competitiveness

Color
Bermuda
Top Destination
Zambia$17.5M
Estonia
Top Destination
Finland$3B

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

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

In 2022, countries that imported more from Estonia than Bermuda included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

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

Comparative Advantage Bermuda - Estonia

Flow
Scale

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

During 2022, Bermuda had a large net trade with Estonia in the exports of Foodstuffs ($6.35k).

During 2017, Estonia had a large net trade with Bermuda in the exports of Machines ($37.2k), Metals ($21.3k), and Transportation ($5.08k).

Economic Complexity

Competitive Landscape

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

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

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