2022
Flag  
GDP
$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH
18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
 GDP
$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 175 / 186
2022
Flag
GDP PC 
$118,846CURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP PC GROWTH
20.7%CURRENT US$
Rnk 85 / 186
2022
Flag
GDP PC
$4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH
13.2%CURRENT US$
Rnk 103 / 186

About

Bermuda-Ukraine Trade: In 2022, Bermuda exported $627 to Ukraine. The main products that Bermuda exported to Ukraine were Hard Liquor ($445), Felt or Coated Fabric Garments ($110), and Non-Knit Gloves ($72). Over the past 5 years the exports of Bermuda to Ukraine have decreased at an annualized rate of 51.8%, from $24.2k in 2017 to $627 in 2022.

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

Ukraine-Bermuda Trade: In 2022, Ukraine exported $10.7k to Bermuda. The main products that Ukraine exported to Bermuda were Iron Structures ($3.43k), Sports Equipment ($3.13k), and Office Machine Parts ($2.58k). Over the past 5 years the exports of Ukraine to Bermuda have decreased at an annualized rate of 9.21%,  from $81.2k in 2017 to $10.7k in 2022.

In 2022, Ukraine 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, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bermuda exported $627 to Ukraine. The main products exported from Bermuda to Ukraine were Hard Liquor ($445), Felt or Coated Fabric Garments ($110), and Non-Knit Gloves ($72). During the last 5 years the exports of Bermuda to Ukraine have decreased at an annualized rate of 51.8%, from $24.2k in 2017 to $627 in 2022.

In 2017, Ukraine exported $10.7k to Bermuda. The main products exported from Ukraine to Bermuda were Iron Structures ($3.43k), Sports Equipment ($3.13k), and Office Machine Parts ($2.58k). During the last 5 years the exports of Ukraine to Bermuda have decreased at an annualized rate of 9.21%, from $81.2k in 2022 to $10.7k in 2017.

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

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

Latest Data

Trade between Bermuda (Flag) and Ukraine (Flag)

Bermuda Exports

Ukraine Exports

Market Competitiveness

Color
Bermuda
Top Destination
Zambia$17.5M
Ukraine
Top Destination
Poland$6.7B

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

In 2022, countries that imported more from Bermuda than Ukraine included Zambia ($17.5M), Jamaica ($893k), and Bahamas ($133k).

In 2022, countries that imported more from Ukraine than Bermuda included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

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

Comparative Advantage Bermuda - Ukraine

Flow
Scale

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

During 2022, Bermuda had a large net trade with Ukraine in the exports of Foodstuffs ($445) and Textiles ($182).

During 2017, Ukraine had a large net trade with Bermuda in the exports of Metals ($3.43k), Miscellaneous ($3.28k), and Machines ($2.58k).

Economic Complexity

Competitive Landscape

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

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

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