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2022
Flag → Flag
Exports $25.9kRnk 43 / 89
2022
Flag → Flag
Top Product $21.2kSurveying Equipment
2022
Flag → Flag
Exports $423kRnk 171 / 207
2022
Flag → Flag
Top Product $231kRecreational Boats
2022
Flag
Economic Complexity (ECI) ECI 1.41Rnk 13 / 133
2022
Flag  
GDP$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
 GDP$281BCURRENT US$
Rnk 47 / 186
2012-2022
Flag
GDP GROWTH8.73%CURRENT US$
Rnk 147 / 186
2022
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GDP PC $118,846CURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP PC GROWTH20.7%CURRENT US$
Rnk 85 / 186
2022
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GDP PC$50,537CURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP PC GROWTH5.93%CURRENT US$
Rnk 127 / 186

About

Bermuda-Finland Trade: In 2022, Bermuda exported $25.9k to Finland. The main products that Bermuda exported to Finland were Surveying Equipment ($21.2k), Hard Liquor ($3.41k), and Non-powered Aircraft ($999). Over the past 5 years the exports of Bermuda to Finland have decreased at an annualized rate of 14.6%, from $57k in 2017 to $25.9k in 2022.

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

Finland-Bermuda Trade: In 2022, Finland exported $423k to Bermuda. The main products that Finland exported to Bermuda were Recreational Boats ($231k), Surveying Equipment ($98.8k), and Machinery Having Individual Functions ($54.8k). Over the past 5 years the exports of Finland to Bermuda have decreased at an annualized rate of 12.4%,  from $822k in 2017 to $423k in 2022.

In 2022, Finland 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, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bermuda exported $25.9k to Finland. The main products exported from Bermuda to Finland were Surveying Equipment ($21.2k), Hard Liquor ($3.41k), and Non-powered Aircraft ($999). During the last 5 years the exports of Bermuda to Finland have decreased at an annualized rate of 14.6%, from $57k in 2017 to $25.9k in 2022.

In 2017, Finland exported $423k to Bermuda. The main products exported from Finland to Bermuda were Recreational Boats ($231k), Surveying Equipment ($98.8k), and Machinery Having Individual Functions ($54.8k). During the last 5 years the exports of Finland to Bermuda have decreased at an annualized rate of 12.4%, from $822k in 2022 to $423k in 2017.

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

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

Latest Data

Trade between Bermuda (Flag) and Finland (Flag)

Bermuda Exports

Finland Exports

Market Competitiveness

Color
Bermuda
Top DestinationZambia$17.5M
Finland
Top DestinationGermany$9.99B

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 2022, countries that imported more from Bermuda than Finland included Angola ($7.13M).

In 2022, countries that imported more from Finland than Bermuda included Germany ($9.99B), United States ($9.17B), and Sweden ($9.1B).

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

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 2022, Bermuda had a large net trade with Finland in the exports of Instruments ($21.4k), Foodstuffs ($3.41k), and Transportation ($999).

During 2017, Finland had a large net trade with Bermuda in the exports of Transportation ($236k), Instruments ($99.8k), and Machines ($71k).

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) (2022)

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