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2023
Flag → Flag
Exports $87Rnk 85 / 90
2023
Flag → Flag
Top Product $64Knit Men's Shirts
2023
Flag → Flag
Exports $2.81MRnk 177 / 213
2023
Flag → Flag
Top Product $1.47MCars
2023
Flag
Economic Complexity (ECI) ECI -0.085Rnk 65 / 132
2023
Flag  
GDP$8.14BCURRENT US$
Rnk 153 / 195
2013-2023
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 123 / 195
2023
Flag
 GDP$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 75 / 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$4,876CURRENT US$
Rnk 123 / 196
2013-2023
Flag
GDP PC GROWTH36.7%CURRENT US$
Rnk 66 / 195

About

Bermuda-Indonesia Trade: In 2023, Bermuda exported $87 to Indonesia. The main products that Bermuda exported to Indonesia were Knit Men's Shirts ($64) and Party Decorations ($23). Over the past 5 years the exports of Bermuda to Indonesia have decreased at an annualized rate of 67.4%, from $23.5k in 2018 to $87 in 2023.

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

Indonesia-Bermuda Trade: In 2023, Indonesia exported $2.81M to Bermuda. The main products that Indonesia exported to Bermuda were Cars ($1.47M), Motorcycles and cycles ($1.14M), and Electric Batteries ($47.8k). Over the past 5 years the exports of Indonesia to Bermuda have increased at an annualized rate of 14.2%,  from $1.45M in 2018 to $2.81M in 2023.

In 2023, Indonesia 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, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bermuda exported $87 to Indonesia. The main products exported from Bermuda to Indonesia were Knit Men's Shirts ($64) and Party Decorations ($23). During the last 5 years the exports of Bermuda to Indonesia have decreased at an annualized rate of 67.4%, from $23.5k in 2018 to $87 in 2023.

In 2018, Indonesia exported $2.81M to Bermuda. The main products exported from Indonesia to Bermuda were Cars ($1.47M), Motorcycles and cycles ($1.14M), and Electric Batteries ($47.8k). During the last 5 years the exports of Indonesia to Bermuda have increased at an annualized rate of 14.2%, from $1.45M in 2023 to $2.81M in 2018.

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

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

Latest Data

Trade between Bermuda (Flag) and Indonesia (Flag)

Bermuda Exports

Date

Indonesia Exports

Market Competitiveness

Color
Bermuda
Top DestinationGermany$101M
Indonesia
Top DestinationChina$70.7B

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

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

In 2023, countries that imported more from Indonesia than Bermuda included China ($70.7B), United States ($27.9B), and India ($24B).

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

Comparative Advantage Bermuda - Indonesia

Flow
Scale

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

During 2023, Bermuda had a large net trade with Indonesia in the exports of Textiles ($64) and Miscellaneous ($23).

During 2018, Indonesia had a large net trade with Bermuda in the exports of Transportation ($2.66M), Machines ($55.7k), and Textiles ($31.4k).

Economic Complexity

Competitive Landscape

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

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

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