2022
Flag  
GDP
$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH
18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
 GDP
$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP GROWTH
39.2%CURRENT US$
Rnk 84 / 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
$6,591CURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP PC GROWTH
39.4%CURRENT US$
Rnk 50 / 186

About

Bermuda-North Macedonia Trade: In 2021, Bermuda exported $84 to North Macedonia. The main products that Bermuda exported to North Macedonia were N/A. Over the past 6 years the exports of Bermuda to North Macedonia have decreased at an annualized rate of 3.95%, from $107 in 2015 to $84 in 2021.

In 2021, Bermuda did not export any services to North Macedonia.

North Macedonia-Bermuda Trade: In 2021, North Macedonia exported $21 to Bermuda. The main products that North Macedonia exported to Bermuda were Mattresses ($21). Over the past 6 years the exports of North Macedonia to Bermuda have decreased at an annualized rate of 70.5%,  from $9.35k in 2015 to $21 in 2021.

In 2021, North Macedonia 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, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Bermuda exported $84 to North Macedonia. There were not main exports from Bermuda to North Macedonia in 2021. During the last 6 years the exports of Bermuda to North Macedonia have decreased at an annualized rate of 3.95%, from $107 in 2015 to $84 in 2021.

In 2017, North Macedonia exported $21 to Bermuda. The main products exported from North Macedonia to Bermuda were Mattresses ($21). During the last 5 years the exports of North Macedonia to Bermuda have decreased at an annualized rate of 70.5%, from $9.35k in 2022 to $21 in 2017.

Exports from Bermuda (Flag) to North Macedonia (Flag) (2022)

Exports from North Macedonia (Flag) to Bermuda (Flag) (2022)

Latest Data

Trade between Bermuda (Flag) and North Macedonia (Flag)

North Macedonia Exports

Market Competitiveness

Color
Bermuda
Top Destination
Zambia$17.5M
North Macedonia
Top Destination
Germany$3.96B

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

In 2022, countries that imported more from Bermuda than North Macedonia included Zambia ($17.5M), Angola ($7.13M), and Tanzania ($5.76M).

In 2022, countries that imported more from North Macedonia than Bermuda included Germany ($3.96B), Serbia ($800M), and Greece ($683M).

Difference in imports from North Macedonia (Flag) and Bermuda (Flag) (2022)

Comparative Advantage Bermuda - North Macedonia

Flow
Scale

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

During 2021, Bermuda had a large net trade with North Macedonia in the exports of .

During 2017, North Macedonia had a large net trade with Bermuda in the exports of Miscellaneous ($21).

Economic Complexity

Competitive Landscape

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

Product Space of Bermuda (Flag) and North Macedonia (Flag) (2022)

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