Bermuda (BMU) and Namibia (NAM) Trade | The Observatory of Economic Complexity

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Bermuda-Namibia Trade: In 2022, Bermuda exported $296 to Namibia. The main products that Bermuda exported to Namibia were Awnings, Tents, and Sails ($286) and Valves ($10). Over the past 5 years the exports of Bermuda to Namibia have increased at an annualized rate of 24%, from $101 in 2017 to $296 in 2022.

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

Namibia-Bermuda Trade: In 2022, Namibia exported $94.1k to Bermuda. The main products that Namibia exported to Bermuda were Crude Petroleum ($41.1k), Iron Chains ($22.4k), and Iron Fasteners ($9.54k). Over the past 5 years the exports of Namibia to Bermuda have increased at an annualized rate of 16.2%, from $44.3k in 2017 to $94.1k in 2022.

In 2022, Namibia 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, Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bermuda exported $296 to Namibia. The main products exported from Bermuda to Namibia were Awnings, Tents, and Sails ($286) and Valves ($10). During the last 5 years the exports of Bermuda to Namibia have increased at an annualized rate of 24%, from $101 in 2017 to $296 in 2022.

In 2017, Namibia exported $94.1k to Bermuda. The main products exported from Namibia to Bermuda were Crude Petroleum ($41.1k), Iron Chains ($22.4k), and Iron Fasteners ($9.54k). During the last 5 years the exports of Namibia to Bermuda have increased at an annualized rate of 16.2%, from $44.3k in 2022 to $94.1k in 2017.

Exports from Bermuda () to Namibia () (2022)

Exports from Namibia () to Bermuda () (2022)

Latest Data

Trade between Bermuda () and Namibia ()

Namibia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bermuda
Top DestinationZambia$17.5M

Namibia
Top DestinationSouth Africa$1.75B

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

In 2022, countries that imported more from Bermuda than Namibia included Tanzania ($5.76M), Jamaica ($893k), and Brazil ($730k).

In 2022, countries that imported more from Namibia than Bermuda included South Africa ($1.75B), Botswana ($672M), and China ($628M).

Difference in imports from Namibia () and Bermuda () (2022)

Comparative Advantage Bermuda - Namibia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bermuda had a large net trade with Namibia in the exports of Textiles ($286) and Machines ($10).

During 2017, Namibia had a large net trade with Bermuda in the exports of Mineral Products ($41.1k), Metals ($39.6k), and Plastics and Rubbers ($6k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Bermuda () to Namibia () (2022)

Exports from Namibia () to Bermuda () (2022)

Latest Data

Trade between Bermuda () and Namibia ()

Namibia Exports

Market Competitiveness

Difference in imports from Namibia () and Bermuda () (2022)

Comparative Advantage Bermuda - Namibia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bermuda () and Namibia () (2022)

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