2023
Flag  
GDP
$8.14BCURRENT US$
Rnk 153 / 195
2013-2023
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 123 / 195
2023
Flag
 GDP
$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH
92.1%CURRENT US$
Rnk 19 / 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
$2,481CURRENT US$
Rnk 148 / 196
2013-2023
Flag
GDP PC GROWTH
73.1%CURRENT US$
Rnk 22 / 195

About

Bermuda-India Trade: In 2022, Bermuda exported $57.9k to India. The main products that Bermuda exported to India were N/A. Over the past 6 years the exports of Bermuda to India have increased at an annualized rate of 68.3%, from $2.55k in 2016 to $57.9k in 2022.

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

India-Bermuda Trade: In 2022, India exported $5.93M to Bermuda. The main products that India exported to Bermuda were Cars ($5.01M), Motorcycles and cycles ($418k), and Plastic Lids ($112k). Over the past 6 years the exports of India to Bermuda have increased at an annualized rate of 9.14%,  from $3.83M in 2016 to $5.93M in 2022.

In 2022, India 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, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bermuda exported $57.9k to India. There were not main exports from Bermuda to India in 2022. During the last 6 years the exports of Bermuda to India have increased at an annualized rate of 68.3%, from $2.55k in 2016 to $57.9k in 2022.

In 2018, India exported $5.93M to Bermuda. The main products exported from India to Bermuda were Cars ($5.01M), Motorcycles and cycles ($418k), and Plastic Lids ($112k). During the last 5 years the exports of India to Bermuda have increased at an annualized rate of 9.14%, from $3.83M in 2023 to $5.93M in 2018.

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

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

Latest Data

Trade between Bermuda (Flag) and India (Flag)

Bermuda Exports

India Exports

Market Competitiveness

Color
Bermuda
Top Destination
N/AN/A
India
Top Destination
N/AN/A

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

N/A

N/A

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

Comparative Advantage Bermuda - India

Flow
Scale

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

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

During 2018, India had a large net trade with Bermuda in the exports of Transportation ($5.45M), Precious Metals ($127k), and Plastics and Rubbers ($117k).

Economic Complexity

Competitive Landscape

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

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

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