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2022
Flag → Flag
Exports $331Rnk 72 / 0
2022
Flag → Flag
Exports $4.85kRnk 163 / 170
2022
Flag → Flag
Top Product $4.85kOther live plants, cuttings and slips; mushroom spawn
2023
Flag
Economic Complexity (ECI) ECI -0.21Rnk 73 / 132
2023
Flag  
GDP$8.14BCURRENT US$
Rnk 153 / 195
2013-2023
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 123 / 195
2023
Flag
 GDP$104BCURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP GROWTH97.1%CURRENT US$
Rnk 16 / 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$5,763CURRENT US$
Rnk 117 / 196
2013-2023
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 27 / 195

About

Bermuda-Guatemala Trade: In 2022, Bermuda exported $331 to Guatemala. The main products that Bermuda exported to Guatemala were N/A. Over the past 14 years the exports of Bermuda to Guatemala have decreased at an annualized rate of 31.2%, from $62.4k in 2008 to $331 in 2022.

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

Guatemala-Bermuda Trade: In 2022, Guatemala exported $4.85k to Bermuda. The main products that Guatemala exported to Bermuda were Other live plants, cuttings and slips; mushroom spawn ($4.85k). Over the past 14 years the exports of Guatemala to Bermuda have decreased at an annualized rate of 14%,  from $29.4k in 2008 to $4.85k in 2022.

In 2022, Guatemala 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, Guatemala ranked 73 in the Economic Complexity Index (ECI -0.21), and 86 in total exports ($15.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bermuda exported $331 to Guatemala. There were not main exports from Bermuda to Guatemala in 2022. During the last 14 years the exports of Bermuda to Guatemala have decreased at an annualized rate of 31.2%, from $62.4k in 2008 to $331 in 2022.

In 2018, Guatemala exported $4.85k to Bermuda. The main products exported from Guatemala to Bermuda were Other live plants, cuttings and slips; mushroom spawn ($4.85k). During the last 5 years the exports of Guatemala to Bermuda have decreased at an annualized rate of 14%, from $29.4k in 2023 to $4.85k in 2018.

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

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

Latest Data

Trade between Bermuda (Flag) and Guatemala (Flag)

Guatemala Exports

Market Competitiveness

Color
Bermuda
Top DestinationGermany$101M
Guatemala
Top DestinationUnited States$5.16B

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

In 2023, countries that imported more from Bermuda than Guatemala included South Africa ($96.3M), Angola ($4.49M), and Zambia ($1.45M).

In 2023, countries that imported more from Guatemala than Bermuda included United States ($5.16B), El Salvador ($1.73B), and Honduras ($1.42B).

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

Comparative Advantage Bermuda - Guatemala

Flow
Scale

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

During 2022, Bermuda had a large net trade with Guatemala in the exports of .

During 2018, Guatemala had a large net trade with Bermuda in the exports of Vegetable Products ($4.85k).

Economic Complexity

Competitive Landscape

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

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

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