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2023
Flag → Flag
Exports $93.6kRnk 22 / 90
2023
Flag → Flag
Top Product $68.4kRailway Cargo Containers
2023
Flag → Flag
Exports $19.7MRnk 117 / 216
2023
Flag → Flag
Top Product $19.4MPlanes, Helicopters, and/or Spacecraft
2023
Flag
Economic Complexity (ECI) ECI 1.53Rnk 9 / 132
2023
Flag  
GDP$8.14BCURRENT US$
Rnk 153 / 195
2013-2023
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 123 / 195
2023
Flag
 GDP$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH0.14%CURRENT US$
Rnk 170 / 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$55,517CURRENT US$
Rnk 19 / 196
2013-2023
Flag
GDP PC GROWTH-8.76%CURRENT US$
Rnk 165 / 195

About

Bermuda-Sweden Trade: In 2023, Bermuda exported $93.6k to Sweden. The main products that Bermuda exported to Sweden were Railway Cargo Containers ($68.4k), Electric Motors ($22.8k), and Leather Footwear ($377). Over the past 5 years the exports of Bermuda to Sweden have decreased at an annualized rate of 50.3%, from $3.08M in 2018 to $93.6k in 2023.

In 2023, Bermuda did not export any services to Sweden.

Sweden-Bermuda Trade: In 2023, Sweden exported $19.7M to Bermuda. The main products that Sweden exported to Bermuda were Planes, Helicopters, and/or Spacecraft ($19.4M), Telephones ($64.5k), and Other Furniture ($25.5k). Over the past 5 years the exports of Sweden to Bermuda have increased at an annualized rate of 83.8%,  from $939k in 2018 to $19.7M in 2023.

In 2023, Sweden 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bermuda exported $93.6k to Sweden. The main products exported from Bermuda to Sweden were Railway Cargo Containers ($68.4k), Electric Motors ($22.8k), and Leather Footwear ($377). During the last 5 years the exports of Bermuda to Sweden have decreased at an annualized rate of 50.3%, from $3.08M in 2018 to $93.6k in 2023.

In 2018, Sweden exported $19.7M to Bermuda. The main products exported from Sweden to Bermuda were Planes, Helicopters, and/or Spacecraft ($19.4M), Telephones ($64.5k), and Other Furniture ($25.5k). During the last 5 years the exports of Sweden to Bermuda have increased at an annualized rate of 83.8%, from $939k in 2023 to $19.7M in 2018.

Exports from Bermuda (Flag) to Sweden (Flag) (2023)

Exports from Sweden (Flag) to Bermuda (Flag) (2023)

Latest Data

Trade between Bermuda (Flag) and Sweden (Flag)

Bermuda Exports

Sweden Exports

Market Competitiveness

Color
Bermuda
Top DestinationGermany$101M
Sweden
Top DestinationGermany$18.4B

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

In 2023, no countries were registered that imported more from Bermuda than from Sweden.

In 2023, countries that imported more from Sweden than Bermuda included Germany ($18.4B), United States ($18.1B), and Denmark ($14.4B).

Difference in imports from Sweden (Flag) and Bermuda (Flag) (2023)

Comparative Advantage Bermuda - Sweden

Flow
Scale

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

During 2023, Bermuda had a large net trade with Sweden in the exports of Transportation ($68.5k), Machines ($23.4k), and Textiles ($848).

During 2018, Sweden had a large net trade with Bermuda in the exports of Transportation ($19.4M), Machines ($92.1k), and Metals ($40.5k).

Economic Complexity

Competitive Landscape

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

Product Space of Bermuda (Flag) and Sweden (Flag) (2023)

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