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2023
Flag → Flag
Exports $26.7kRnk 35 / 90
2023
Flag → Flag
Top Product $26.7kHard Liquor
2023
Flag → Flag
Exports $1.99MRnk 148 / 206
2023
Flag → Flag
Top Product $711kSheep and Goat Meat
2023
Flag
Economic Complexity (ECI) ECI 0.48Rnk 43 / 132
2023
Flag  
GDP$8.14BCURRENT US$
Rnk 153 / 195
2013-2023
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 123 / 195
2023
Flag
 GDP$252BCURRENT US$
Rnk 51 / 195
2013-2023
Flag
GDP GROWTH32.1%CURRENT US$
Rnk 110 / 195
2023
Flag
GDP PC $125,842CURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP PC GROWTH23.7%CURRENT US$
Rnk 91 / 195
2023
Flag
GDP PC$48,281CURRENT US$
Rnk 28 / 196
2013-2023
Flag
GDP PC GROWTH12.3%CURRENT US$
Rnk 127 / 195

About

Bermuda-New Zealand Trade: In 2023, Bermuda exported $26.7k to New Zealand. The main products that Bermuda exported to New Zealand were Hard Liquor ($26.7k), Rubber Footwear ($46), and Decals ($1). Over the past 5 years the exports of Bermuda to New Zealand have decreased at an annualized rate of 46.7%, from $619k in 2018 to $26.7k in 2023.

In 2023, Bermuda did not export any services to New Zealand.

New Zealand-Bermuda Trade: In 2023, New Zealand exported $1.99M to Bermuda. The main products that New Zealand exported to Bermuda were Sheep and Goat Meat ($711k), Butter ($417k), and Wine ($383k). Over the past 5 years the exports of New Zealand to Bermuda have decreased at an annualized rate of 21.6%,  from $6.71M in 2018 to $1.99M in 2023.

In 2023, New Zealand did not export any services to Bermuda.

Comparison In 2023,  Bermuda ranked 179 in total exports ($254M), and does not have data regarding Economic Complexity Index. That same year, New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48), and 61 in total exports ($44.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bermuda exported $26.7k to New Zealand. The main products exported from Bermuda to New Zealand were Hard Liquor ($26.7k), Rubber Footwear ($46), and Decals ($1). During the last 5 years the exports of Bermuda to New Zealand have decreased at an annualized rate of 46.7%, from $619k in 2018 to $26.7k in 2023.

In 2018, New Zealand exported $1.99M to Bermuda. The main products exported from New Zealand to Bermuda were Sheep and Goat Meat ($711k), Butter ($417k), and Wine ($383k). During the last 5 years the exports of New Zealand to Bermuda have decreased at an annualized rate of 21.6%, from $6.71M in 2023 to $1.99M in 2018.

Exports from Bermuda (Flag) to New Zealand (Flag) (2023)

Exports from New Zealand (Flag) to Bermuda (Flag) (2023)

Latest Data

Trade between Bermuda (Flag) and New Zealand (Flag)

Bermuda Exports

New Zealand Exports

Market Competitiveness

Color
Bermuda
Top DestinationGermany$101M
New Zealand
Top DestinationChina$12.3B

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

In 2023, countries that imported more from Bermuda than New Zealand included Montserrat ($12.7k) and Dominica ($212).

In 2023, countries that imported more from New Zealand than Bermuda included China ($12.3B), United States ($5.42B), and Australia ($5.2B).

Difference in imports from New Zealand (Flag) and Bermuda (Flag) (2023)

Comparative Advantage Bermuda - New Zealand

Flow
Scale

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

During 2023, Bermuda had a large net trade with New Zealand in the exports of Foodstuffs ($26.7k), Footwear and Headwear ($46), and Paper Goods ($1).

During 2018, New Zealand had a large net trade with Bermuda in the exports of Animal Products ($1.47M), Foodstuffs ($383k), and Textiles ($61.9k).

Economic Complexity

Competitive Landscape

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

Product Space of Bermuda (Flag) and New Zealand (Flag) (2023)

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