2023
Flag  
GDP
$8.14BCURRENT US$
Rnk 153 / 195
2013-2023
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 123 / 195
2023
Flag
 GDP
$27.4BCURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP GROWTH
-4.66%CURRENT US$
Rnk 174 / 195
2023
Flag
GDP PC 
$125,842CURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP PC GROWTH
23.7%CURRENT US$
Rnk 91 / 195
2023
Flag
GDP PC
$20,016CURRENT US$
Rnk 64 / 196
2013-2023
Flag
GDP PC GROWTH
-6.54%CURRENT US$
Rnk 162 / 195

About

Bermuda-Trinidad and Tobago Trade: In 2022, Bermuda exported $14.3k to Trinidad and Tobago. The main products that Bermuda exported to Trinidad and Tobago were N/A. Over the past 5 years the exports of Bermuda to Trinidad and Tobago have decreased at an annualized rate of 24.5%, from $58.2k in 2017 to $14.3k in 2022.

In 2022, Bermuda did not export any services to Trinidad and Tobago.

Trinidad and Tobago-Bermuda Trade: In 2022, Trinidad and Tobago exported $987k to Bermuda. The main products that Trinidad and Tobago exported to Bermuda were N/A. Over the past 5 years the exports of Trinidad and Tobago to Bermuda have decreased at an annualized rate of 17.3%,  from $2.55M in 2017 to $987k in 2022.

In 2022, Trinidad and Tobago did not export any services to Bermuda.

Comparison In 2023,  Bermuda ranked 179 in total exports ($254M). That same year, Trinidad and Tobago ranked 98 in total exports ($11.7B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bermuda exported $14.3k to Trinidad and Tobago. There were not main exports from Bermuda to Trinidad and Tobago in 2022. During the last 5 years the exports of Bermuda to Trinidad and Tobago have decreased at an annualized rate of 24.5%, from $58.2k in 2017 to $14.3k in 2022.

In 2017, Trinidad and Tobago exported $987k to Bermuda. There were not main exports from Trinidad and Tobago to Bermuda in 2017. During the last 5 years the exports of Trinidad and Tobago to Bermuda have decreased at an annualized rate of 17.3%, from $2.55M in 2022 to $987k in 2017.

Exports from Bermuda (Flag) to Trinidad and Tobago (Flag) (2022)

Exports from Trinidad and Tobago (Flag) to Bermuda (Flag) (2022)

Latest Data

Trade between Bermuda (Flag) and Trinidad and Tobago (Flag)

Bermuda Exports

Date

Trinidad and Tobago Exports

Date

Market Competitiveness

Color
Bermuda
Top Destination
Germany$101M
Trinidad and Tobago
Top Destination
United States$3.26B

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

In 2023, countries that imported more from Bermuda than Trinidad and Tobago included South Africa ($96.3M), Germany ($101M), and Angola ($4.49M).

In 2023, countries that imported more from Trinidad and Tobago than Bermuda included United States ($3.26B), China ($783M), and Guyana ($625M).

Difference in imports from Trinidad and Tobago (Flag) and Bermuda (Flag) (2023)

Comparative Advantage Bermuda - Trinidad and Tobago

Flow
Scale

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

During 2022, Bermuda had a large net trade with Trinidad and Tobago in the exports of .

During 2017, Trinidad and Tobago had a large net trade with Bermuda in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Bermuda (Flag) and Trinidad and Tobago (Flag) (2022)

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