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2022
Flag → Flag
Exports $89.9kRnk 23 / 89
2022
Flag → Flag
Top Product $35.4kSmall Iron Containers
2022
Flag → Flag
Exports $15.6MRnk 171 / 224
2022
Flag → Flag
Top Product $7.96MOther Sea Vessels
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
Flag  
GDP$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
 GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 125 / 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$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186

About

Bermuda-Netherlands Trade: In 2022, Bermuda exported $89.9k to Netherlands. The main products that Bermuda exported to Netherlands were Small Iron Containers ($35.4k), Hard Liquor ($19.2k), and Oscilloscopes ($7.62k). Over the past 5 years the exports of Bermuda to Netherlands have decreased at an annualized rate of 46.5%, from $2.06M in 2017 to $89.9k in 2022.

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

Netherlands-Bermuda Trade: In 2022, Netherlands exported $15.6M to Bermuda. The main products that Netherlands exported to Bermuda were Other Sea Vessels ($7.96M), Hard Liquor ($1.98M), and Beer ($1.55M). Over the past 5 years the exports of Netherlands to Bermuda have increased at an annualized rate of 13.8%,  from $7.16M in 2017 to $15.6M in 2022.

In 2022, Netherlands 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, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bermuda exported $89.9k to Netherlands. The main products exported from Bermuda to Netherlands were Small Iron Containers ($35.4k), Hard Liquor ($19.2k), and Oscilloscopes ($7.62k). During the last 5 years the exports of Bermuda to Netherlands have decreased at an annualized rate of 46.5%, from $2.06M in 2017 to $89.9k in 2022.

In 2017, Netherlands exported $15.6M to Bermuda. The main products exported from Netherlands to Bermuda were Other Sea Vessels ($7.96M), Hard Liquor ($1.98M), and Beer ($1.55M). During the last 5 years the exports of Netherlands to Bermuda have increased at an annualized rate of 13.8%, from $7.16M in 2022 to $15.6M in 2017.

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

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

Latest Data

Trade between Bermuda (Flag) and Netherlands (Flag)

Bermuda Exports

Netherlands Exports

Market Competitiveness

Color
Bermuda
Top DestinationZambia$17.5M
Netherlands
Top DestinationGermany$131B

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

In 2022, no countries were registered that imported more from Bermuda than from Netherlands.

In 2022, countries that imported more from Netherlands than Bermuda included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

Comparative Advantage Bermuda - Netherlands

Flow
Scale

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

During 2022, Bermuda had a large net trade with Netherlands in the exports of Metals ($36.2k), Foodstuffs ($20.8k), and Textiles ($15.1k).

During 2017, Netherlands had a large net trade with Bermuda in the exports of Transportation ($8.31M), Foodstuffs ($4.13M), and Machines ($959k).

Economic Complexity

Competitive Landscape

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

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

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