2022
Flag  
GDP
$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH
18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
 GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 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
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186

About

Bermuda-South Africa Trade: In 2022, Bermuda exported $1.17M to South Africa. The main products that Bermuda exported to South Africa were Railway Cargo Containers ($1.16M), Computers ($5.67k), and Other Plastic Products ($435). Over the past 5 years the exports of Bermuda to South Africa have increased at an annualized rate of 38.6%, from $228k in 2017 to $1.17M in 2022.

In 2022, Bermuda did not export any services to South Africa.

South Africa-Bermuda Trade: In 2022, South Africa exported $250k to Bermuda. The main products that South Africa exported to Bermuda were Wine ($100k), Fish Fillets ($92.4k), and Sculptures ($15.1k). Over the past 5 years the exports of South Africa to Bermuda have decreased at an annualized rate of 24.3%,  from $2.31M in 2017 to $250k in 2022.

In 2022, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bermuda exported $1.17M to South Africa. The main products exported from Bermuda to South Africa were Railway Cargo Containers ($1.16M), Computers ($5.67k), and Other Plastic Products ($435). During the last 5 years the exports of Bermuda to South Africa have increased at an annualized rate of 38.6%, from $228k in 2017 to $1.17M in 2022.

In 2017, South Africa exported $250k to Bermuda. The main products exported from South Africa to Bermuda were Wine ($100k), Fish Fillets ($92.4k), and Sculptures ($15.1k). During the last 5 years the exports of South Africa to Bermuda have decreased at an annualized rate of 24.3%, from $2.31M in 2022 to $250k in 2017.

Exports from Bermuda (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to Bermuda (Flag) (2022)

Latest Data

Trade between Bermuda (Flag) and South Africa (Flag)

South Africa Exports

Market Competitiveness

Color
Bermuda
Top Destination
Zambia$17.5M
South Africa
Top Destination
China$23.4B

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

In 2022, no countries were registered that imported more from Bermuda than from South Africa.

In 2022, countries that imported more from South Africa than Bermuda included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

Difference in imports from South Africa (Flag) and Bermuda (Flag) (2022)

Comparative Advantage Bermuda - South Africa

Flow
Scale

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

During 2022, Bermuda had a large net trade with South Africa in the exports of Transportation ($1.16M), Machines ($5.98k), and Plastics and Rubbers ($435).

During 2017, South Africa had a large net trade with Bermuda in the exports of Foodstuffs ($125k), Animal Products ($92.4k), and Arts and Antiques ($15.1k).

Economic Complexity

Competitive Landscape

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

Product Space of Bermuda (Flag) and South Africa (Flag) (2022)

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