2022
Flag  
GDP
$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
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GDP GROWTH
18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
 GDP
$134BCURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP GROWTH
25.5%CURRENT US$
Rnk 109 / 186
2022
Flag
GDP PC 
$118,846CURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP PC GROWTH
20.7%CURRENT US$
Rnk 85 / 186
2022
Flag
GDP PC
$3,528CURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP PC GROWTH
11.5%CURRENT US$
Rnk 111 / 186

About

Bermuda-Morocco In 2022, Bermuda exported $15.6k to Morocco. The main products that Bermuda exported to Morocco are Hard Liquor ($15.6k). During the last 26 years the exports of Bermuda to Morocco have decreased at an annualized rate of 16.1%, from $1.51M in 1996 to $15.6k in 2022.

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

Morocco-Bermuda 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). During the last 26 years the exports of Morocco to Bermuda have increased at an annualized rate of 2.02%, from $10.9k in 1996 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 26 years the exports of Bermuda to Morocco have decreased at an annualized rate of 16.1%, from $1.51M in 1996 to $15.6k in 2022.

In 2022, 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 27 years the exports of Morocco to Bermuda have increased at an annualized rate of 2.02%, from $10.9k in 1995 to $18.2k in 2022.

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 Destination
Zambia$17.5M
Morocco
Top Destination
Spain$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 2021, countries that imported more from Bermuda than Morocco were Zambia ($17.5M) and Zimbabwe ($4.06M).

In 2021, countries that imported more from Morocco than Bermuda were 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 2022, 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 show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Bermuda has comparative advantage over Morocco. Similarly, the more yellow a dot/product is, the more Morocco has comparative advantage over Bermuda.

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

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