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Pricing

2022
Flag → Flag
Exports $1.89MRnk 9 / 89
2022
Flag → Flag
Top Product $1.04MHard Liquor
2022
Flag → Flag
Exports $49.2MRnk 125 / 224
2022
Flag → Flag
Top Product $12.7MPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC $118,846CURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP PC GROWTH20.7%CURRENT US$
Rnk 85 / 186
2022
Flag
GDP PC$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

Bermuda-United Kingdom Trade: In 2022, Bermuda exported $1.89M to United Kingdom. The main products that Bermuda exported to United Kingdom were Hard Liquor ($1.04M), Other Furniture ($247k), and Computers ($100k). Over the past 5 years the exports of Bermuda to United Kingdom have decreased at an annualized rate of 4.2%, from $2.34M in 2017 to $1.89M in 2022.

In 2022, Bermuda did not export any services to United Kingdom.

United Kingdom-Bermuda Trade: In 2022, United Kingdom exported $49.2M to Bermuda. The main products that United Kingdom exported to Bermuda were Packaged Medicaments ($12.7M), Documents of title (bonds etc) and unused stamps ($2.44M), and Sauces and Seasonings ($2.43M). Over the past 5 years the exports of United Kingdom to Bermuda have decreased at an annualized rate of 0.096%,  from $49.8M in 2017 to $49.2M in 2022.

In 2022, United Kingdom 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, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bermuda exported $1.89M to United Kingdom. The main products exported from Bermuda to United Kingdom were Hard Liquor ($1.04M), Other Furniture ($247k), and Computers ($100k). During the last 5 years the exports of Bermuda to United Kingdom have decreased at an annualized rate of 4.2%, from $2.34M in 2017 to $1.89M in 2022.

In 2017, United Kingdom exported $49.2M to Bermuda. The main products exported from United Kingdom to Bermuda were Packaged Medicaments ($12.7M), Documents of title (bonds etc) and unused stamps ($2.44M), and Sauces and Seasonings ($2.43M). During the last 5 years the exports of United Kingdom to Bermuda have decreased at an annualized rate of 0.096%, from $49.8M in 2022 to $49.2M in 2017.

Exports from Bermuda (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Bermuda (Flag) (2022)

Latest Data

Trade between Bermuda (Flag) and United Kingdom (Flag)

Bermuda Exports

United Kingdom Exports

Market Competitiveness

Color
Bermuda
Top DestinationN/AN/A
United Kingdom
Top DestinationN/AN/A

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

N/A

N/A

Difference in imports from United Kingdom (Flag) and Bermuda (Flag) (2022)

Comparative Advantage Bermuda - United Kingdom

Flow
Scale

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

During 2022, Bermuda had a large net trade with United Kingdom in the exports of Foodstuffs ($1.08M), Miscellaneous ($257k), and Machines ($205k).

During 2017, United Kingdom had a large net trade with Bermuda in the exports of Chemical Products ($15.7M), Foodstuffs ($8.76M), and Machines ($5.5M).

Economic Complexity

Competitive Landscape

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

Product Space of Bermuda (Flag) and United Kingdom (Flag) (2022)

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