Bermuda (BMU) and Chinese Taipei (TWN) Trade | The Observatory of Economic Complexity

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Bermuda-Chinese Taipei Trade: In 2022, Bermuda exported $77.2k to Chinese Taipei. The main products that Bermuda exported to Chinese Taipei were Blank Audio Media ($44.3k), Brochures ($26.5k), and Hard Liquor ($6.35k). Over the past 5 years the exports of Bermuda to Chinese Taipei have increased at an annualized rate of 3.52%, from $64.9k in 2017 to $77.2k in 2022.

In 2022, Bermuda did not export any services to Chinese Taipei.

Chinese Taipei-Bermuda Trade: In 2022, Chinese Taipei exported $1.1M to Bermuda. The main products that Chinese Taipei exported to Bermuda were Fish Fillets ($451k), Bi-Wheel Vehicle Parts ($110k), and Rubber Tires ($107k). Over the past 5 years the exports of Chinese Taipei to Bermuda have decreased at an annualized rate of 13.8%, from $2.3M in 2017 to $1.1M in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bermuda exported $77.2k to Chinese Taipei. The main products exported from Bermuda to Chinese Taipei were Blank Audio Media ($44.3k), Brochures ($26.5k), and Hard Liquor ($6.35k). During the last 5 years the exports of Bermuda to Chinese Taipei have increased at an annualized rate of 3.52%, from $64.9k in 2017 to $77.2k in 2022.

In 2017, Chinese Taipei exported $1.1M to Bermuda. The main products exported from Chinese Taipei to Bermuda were Fish Fillets ($451k), Bi-Wheel Vehicle Parts ($110k), and Rubber Tires ($107k). During the last 5 years the exports of Chinese Taipei to Bermuda have decreased at an annualized rate of 13.8%, from $2.3M in 2022 to $1.1M in 2017.

Exports from Bermuda () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Bermuda () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bermuda
Top DestinationZambia$17.5M

Chinese Taipei
Top DestinationChina$121B

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

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

In 2022, countries that imported more from Chinese Taipei than Bermuda included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei () and Bermuda () (2022)

Comparative Advantage Bermuda - Chinese Taipei

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bermuda had a large net trade with Chinese Taipei in the exports of Machines ($44.3k), Paper Goods ($26.5k), and Foodstuffs ($6.35k).

During 2017, Chinese Taipei had a large net trade with Bermuda in the exports of Animal Products ($455k), Transportation ($182k), and Machines ($150k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Bermuda () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Bermuda () (2022)

Market Competitiveness

Difference in imports from Chinese Taipei () and Bermuda () (2022)

Comparative Advantage Bermuda - Chinese Taipei

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bermuda () and Chinese Taipei () (2022)

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