2023
Flag  
GDP
$8.14BCURRENT US$
Rnk 153 / 195
2013-2023
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 123 / 195
2023
Flag
 GDP
$3.05TCURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP GROWTH
8.37%CURRENT US$
Rnk 159 / 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
$44,691CURRENT US$
Rnk 30 / 196
2013-2023
Flag
GDP PC GROWTH
4.74%CURRENT US$
Rnk 146 / 195

About

Bermuda-France Trade: In 2023, Bermuda exported $269k to France. The main products that Bermuda exported to France were High-voltage Protection Equipment ($55.6k), Broadcasting Equipment ($50.5k), and Wine ($36.7k). Over the past 5 years the exports of Bermuda to France have decreased at an annualized rate of 27.2%, from $1.32M in 2018 to $269k in 2023.

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

France-Bermuda Trade: In 2023, France exported $9.21M to Bermuda. The main products that France exported to Bermuda were Wine ($5.43M), Hard Liquor ($825k), and Electrical Transformers ($678k). Over the past 5 years the exports of France to Bermuda have decreased at an annualized rate of 7.02%,  from $13.2M in 2018 to $9.21M in 2023.

In 2023, France 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, France ranked 16 in the Economic Complexity Index (ECI 1.34), and 7 in total exports ($635B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bermuda exported $269k to France. The main products exported from Bermuda to France were High-voltage Protection Equipment ($55.6k), Broadcasting Equipment ($50.5k), and Wine ($36.7k). During the last 5 years the exports of Bermuda to France have decreased at an annualized rate of 27.2%, from $1.32M in 2018 to $269k in 2023.

In 2018, France exported $9.21M to Bermuda. The main products exported from France to Bermuda were Wine ($5.43M), Hard Liquor ($825k), and Electrical Transformers ($678k). During the last 5 years the exports of France to Bermuda have decreased at an annualized rate of 7.02%, from $13.2M in 2023 to $9.21M in 2018.

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

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

Latest Data

Trade between Bermuda (Flag) and France (Flag)

Bermuda Exports

France Exports

Market Competitiveness

Color
Bermuda
Top Destination
Germany$101M
France
Top Destination
Germany$72.8B

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

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

In 2023, countries that imported more from France than Bermuda included Germany ($72.8B), Italy ($56.3B), and United States ($51.2B).

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

Comparative Advantage Bermuda - France

Flow
Scale

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

During 2023, Bermuda had a large net trade with France in the exports of Machines ($126k), Foodstuffs ($54.2k), and Instruments ($25.8k).

During 2018, France had a large net trade with Bermuda in the exports of Foodstuffs ($6.44M), Machines ($1.62M), and Chemical Products ($399k).

Economic Complexity

Competitive Landscape

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

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

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