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2023
Flag → Flag
Exports $26.7kRnk 36 / 90
2023
Flag → Flag
Top Product $9.78kRefractory Cements
2023
Flag → Flag
Exports $508kRnk 175 / 206
2023
Flag → Flag
Top Product $302kWindow Dressings
2023
Flag
Economic Complexity (ECI) ECI 1.46Rnk 13 / 132
2023
Flag  
GDP$8.14BCURRENT US$
Rnk 153 / 195
2013-2023
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 123 / 195
2023
Flag
 GDP$296BCURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP GROWTH9.35%CURRENT US$
Rnk 158 / 195
2023
Flag
GDP PC $125,842CURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP PC GROWTH23.7%CURRENT US$
Rnk 91 / 195
2023
Flag
GDP PC$52,926CURRENT US$
Rnk 23 / 196
2013-2023
Flag
GDP PC GROWTH6.51%CURRENT US$
Rnk 144 / 195

About

Bermuda-Finland Trade: In 2023, Bermuda exported $26.7k to Finland. The main products that Bermuda exported to Finland were Refractory Cements ($9.78k), Non-Knit Men's Shirts ($7.69k), and Non-Knit Men's Suits ($4.48k). Over the past 5 years the exports of Bermuda to Finland have decreased at an annualized rate of 31.5%, from $177k in 2018 to $26.7k in 2023.

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

Finland-Bermuda Trade: In 2023, Finland exported $508k to Bermuda. The main products that Finland exported to Bermuda were Window Dressings ($302k), Surveying Equipment ($83.5k), and Seats ($79.5k). Over the past 5 years the exports of Finland to Bermuda have increased at an annualized rate of 22.9%,  from $181k in 2018 to $508k in 2023.

In 2023, Finland 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, Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bermuda exported $26.7k to Finland. The main products exported from Bermuda to Finland were Refractory Cements ($9.78k), Non-Knit Men's Shirts ($7.69k), and Non-Knit Men's Suits ($4.48k). During the last 5 years the exports of Bermuda to Finland have decreased at an annualized rate of 31.5%, from $177k in 2018 to $26.7k in 2023.

In 2018, Finland exported $508k to Bermuda. The main products exported from Finland to Bermuda were Window Dressings ($302k), Surveying Equipment ($83.5k), and Seats ($79.5k). During the last 5 years the exports of Finland to Bermuda have increased at an annualized rate of 22.9%, from $181k in 2023 to $508k in 2018.

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

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

Latest Data

Trade between Bermuda (Flag) and Finland (Flag)

Bermuda Exports

Finland Exports

Market Competitiveness

Color
Bermuda
Top DestinationGermany$101M
Finland
Top DestinationUnited States$9.68B

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

In 2023, no countries were registered that imported more from Bermuda than from Finland.

In 2023, countries that imported more from Finland than Bermuda included United States ($9.68B), Germany ($9.26B), and Sweden ($8.13B).

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

Comparative Advantage Bermuda - Finland

Flow
Scale

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

During 2023, Bermuda had a large net trade with Finland in the exports of Textiles ($12.7k), Chemical Products ($9.78k), and Instruments ($1.62k).

During 2018, Finland had a large net trade with Bermuda in the exports of Textiles ($302k), Instruments ($96k), and Miscellaneous ($80.7k).

Economic Complexity

Competitive Landscape

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

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

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