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2022
Flag → Flag
Exports $7.08kRnk 53 / 89
2022
Flag → Flag
Top Product $2.37kOther Floating Structures
2022
Flag → Flag
Exports $1.9MRnk 193 / 218
2022
Flag → Flag
Top Product $720kCars
2022
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 133
2022
Flag  
GDP$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
 GDP$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH24.6%CURRENT US$
Rnk 111 / 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$6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH20.2%CURRENT US$
Rnk 87 / 186

About

Bermuda-Thailand Trade: In 2022, Bermuda exported $7.08k to Thailand. The main products that Bermuda exported to Thailand were Other Floating Structures ($2.37k), Hard Liquor ($1.12k), and Newspapers ($525). Over the past 5 years the exports of Bermuda to Thailand have increased at an annualized rate of 41.9%, from $1.23k in 2017 to $7.08k in 2022.

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

Thailand-Bermuda Trade: In 2022, Thailand exported $1.9M to Bermuda. The main products that Thailand exported to Bermuda were Cars ($720k), Processed Fish ($261k), and Rubber Tires ($166k). Over the past 5 years the exports of Thailand to Bermuda have decreased at an annualized rate of 12.4%,  from $3.7M in 2017 to $1.9M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bermuda exported $7.08k to Thailand. The main products exported from Bermuda to Thailand were Other Floating Structures ($2.37k), Hard Liquor ($1.12k), and Newspapers ($525). During the last 5 years the exports of Bermuda to Thailand have increased at an annualized rate of 41.9%, from $1.23k in 2017 to $7.08k in 2022.

In 2017, Thailand exported $1.9M to Bermuda. The main products exported from Thailand to Bermuda were Cars ($720k), Processed Fish ($261k), and Rubber Tires ($166k). During the last 5 years the exports of Thailand to Bermuda have decreased at an annualized rate of 12.4%, from $3.7M in 2022 to $1.9M in 2017.

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

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

Latest Data

Trade between Bermuda (Flag) and Thailand (Flag)

Bermuda Exports

Thailand Exports

Market Competitiveness

Color
Bermuda
Top DestinationZambia$17.5M
Thailand
Top DestinationUnited States$53.4B

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

In 2022, countries that imported more from Bermuda than Thailand included Zambia ($17.5M).

In 2022, countries that imported more from Thailand than Bermuda included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

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

Comparative Advantage Bermuda - Thailand

Flow
Scale

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

During 2022, Bermuda had a large net trade with Thailand in the exports of Transportation ($2.37k), Foodstuffs ($1.12k), and Textiles ($794).

During 2017, Thailand had a large net trade with Bermuda in the exports of Transportation ($877k), Machines ($354k), and Foodstuffs ($325k).

Economic Complexity

Competitive Landscape

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

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

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