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2022
Flag → Flag
Exports $15.6kRnk 49 / 89
2022
Flag → Flag
Top Product $15.6kHard Liquor
2022
Flag → Flag
Exports $18.2kRnk 173 / 186
2022
Flag → Flag
Top Product $8.42kTrunks and Cases
2022
Flag
Economic Complexity (ECI) ECI -0.29Rnk 80 / 133
2022
Flag  
GDP$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
 GDP$134BCURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP GROWTH25.5%CURRENT US$
Rnk 109 / 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$3,528CURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 111 / 186

About

Bermuda-Morocco Trade: In 2022, Bermuda exported $15.6k to Morocco. The main products that Bermuda exported to Morocco were Hard Liquor ($15.6k). Over the past 6 years the exports of Bermuda to Morocco have decreased at an annualized rate of 21%, from $64.1k in 2016 to $15.6k in 2022.

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

Morocco-Bermuda Trade: In 2022, Morocco exported $18.2k to Bermuda. The main products that Morocco exported to Bermuda were Trunks and Cases ($8.42k), Non-Knit Women's Suits ($4.68k), and Non-Knit Women's Coats ($3.14k). Over the past 6 years the exports of Morocco to Bermuda have decreased at an annualized rate of 10.1%,  from $31.1k in 2016 to $18.2k in 2022.

In 2022, Morocco 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, Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bermuda exported $15.6k to Morocco. The main products exported from Bermuda to Morocco were Hard Liquor ($15.6k). During the last 6 years the exports of Bermuda to Morocco have decreased at an annualized rate of 21%, from $64.1k in 2016 to $15.6k in 2022.

In 2017, Morocco exported $18.2k to Bermuda. The main products exported from Morocco to Bermuda were Trunks and Cases ($8.42k), Non-Knit Women's Suits ($4.68k), and Non-Knit Women's Coats ($3.14k). During the last 5 years the exports of Morocco to Bermuda have decreased at an annualized rate of 10.1%, from $31.1k in 2022 to $18.2k in 2017.

Exports from Bermuda (Flag) to Morocco (Flag) (2022)

Exports from Morocco (Flag) to Bermuda (Flag) (2022)

Latest Data

Trade between Bermuda (Flag) and Morocco (Flag)

Morocco Exports

Market Competitiveness

Color
Bermuda
Top DestinationZambia$17.5M
Morocco
Top DestinationSpain$8.55B

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

In 2022, countries that imported more from Bermuda than Morocco included Zambia ($17.5M) and Zimbabwe ($4.06M).

In 2022, countries that imported more from Morocco than Bermuda included Spain ($8.55B), France ($7.92B), and India ($2.99B).

Difference in imports from Morocco (Flag) and Bermuda (Flag) (2022)

Comparative Advantage Bermuda - Morocco

Flow
Scale

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

During 2022, Bermuda had a large net trade with Morocco in the exports of Foodstuffs ($15.6k).

During 2017, Morocco had a large net trade with Bermuda in the exports of Textiles ($9.08k), Animal Hides ($8.42k), and Wood Products ($529).

Economic Complexity

Competitive Landscape

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

Product Space of Bermuda (Flag) and Morocco (Flag) (2022)

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