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2023
Flag → Flag
Exports $3.25MRnk 180 / 221
2023
Flag → Flag
Top Product $853kFrozen Bovine Meat
2023
Flag → Flag
Exports $773kRnk 8 / 90
2023
Flag → Flag
Top Product $767kHard Liquor
2023
Flag
Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
Flag  
GDP$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
 GDP$8.14BCURRENT US$
Rnk 153 / 195
2013-2023
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 123 / 195
2023
Flag
GDP PC $10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC$125,842CURRENT US$
Rnk 3 / 196
2013-2023
Flag
GDP PC GROWTH23.7%CURRENT US$
Rnk 91 / 195

About

Brazil-Bermuda Trade: In 2023, Brazil exported $3.25M to Bermuda. The main products that Brazil exported to Bermuda were Frozen Bovine Meat ($853k), Gas and Liquid Flow Measuring Instruments ($397k), and Poultry Meat ($321k). Over the past 5 years the exports of Brazil to Bermuda have decreased at an annualized rate of 2.12%, from $3.61M in 2018 to $3.25M in 2023.

In 2023, Brazil did not export any services to Bermuda.

Bermuda-Brazil Trade: In 2023, Bermuda exported $773k to Brazil. The main products that Bermuda exported to Brazil were Hard Liquor ($767k), Rolled Tobacco ($2.1k), and Electric Motors ($1.18k). Over the past 5 years the exports of Bermuda to Brazil have increased at an annualized rate of 97.3%,  from $25.8k in 2018 to $773k in 2023.

In 2023, Bermuda did not export any services to Brazil.

Comparison In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31),  and 22 in total exports ($355B). That same year, Bermuda ranked 179 in total exports ($254M), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2025

About

Overview In January 2025, Brazil exported $828k and imported $124k from Bermuda, resulting in a positive trade balance of $704k. Between January 2024 and January 2025 the exports of Brazil have decreased by $-741k (-47.2%) from $1.57M to $828k, while imports decreased by $-32.7k (-20.9%) from $156k to $124k.

Trade In January 2025, the top exports of Brazil to Bermuda were Refined Petroleum ($1.3M), Frozen Bovine Meat ($106k), Gas and Liquid Flow Measuring Instruments ($106k), Pig Meat ($23.1k), and Poultry Meat ($19.9k). In January 2025 the top imports of Brazil from Bermuda were Hard Liquor ($156k).

Origins In January 2025 the exports of Brazil were mainly from São Paulo ($366k), Rio de Janeiro ($235k), Santa Catarina ($95.5k), Paraná ($74.2k), and Rio Grande do Sul ($47k), while imports destinations were mainly São Paulo ($122k) and Rio de Janeiro ($1.28k).

Growth In January 2025, the decrease in Brazil's year-by-year exports to Bermuda was explained primarily by an decrease in product exports in Milk ($-920 or -90.6%), Cheese ($-752 or -76.3%), and Onions ($-677 or -82.1%). In January 2025, the decrease in Brazil's year-by-year imports  from Bermuda was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (January 2024 - January 2025)$-741k(-47.2%)
IMPORT GROWTH (January 2024 - January 2025)$-32.7k(-20.9%)
MAIN EXPORTER (January 2025)São Paulo$366k

This section shows exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Brazil over time.

To check Bermuda and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $3.25M to Bermuda. The main products exported from Brazil to Bermuda were Frozen Bovine Meat ($853k), Gas and Liquid Flow Measuring Instruments ($397k), and Poultry Meat ($321k). During the last 5 years the exports of Brazil to Bermuda have decreased at an annualized rate of 2.12%, from $3.61M in 2018 to $3.25M in 2023.

In 2018, Bermuda exported $773k to Brazil. The main products exported from Bermuda to Brazil were Hard Liquor ($767k), Rolled Tobacco ($2.1k), and Electric Motors ($1.18k). During the last 5 years the exports of Bermuda to Brazil have increased at an annualized rate of 97.3%, from $25.8k in 2023 to $773k in 2018.

Exports from Brazil (Flag) to Bermuda (Flag) (2023)

Exports from Bermuda (Flag) to Brazil (Flag) (2023)

Market Competitiveness

Color
Brazil
Top DestinationChina$106B
Bermuda
Top DestinationGermany$101M

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

In 2023, countries that imported more from Brazil than Bermuda included China ($106B), United States ($37B), and Argentina ($17.2B).

In 2023, no countries were registered that imported more from Bermuda than from Brazil.

Difference in imports from Bermuda (Flag) and Brazil (Flag) (2023)

Comparative Advantage Brazil - Bermuda

Flow
Scale

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

During 2023, Brazil had a large net trade with Bermuda in the exports of Animal Products ($1.63M), Machines ($826k), and Instruments ($399k).

During 2018, Bermuda had a large net trade with Brazil in the exports of Foodstuffs ($770k), Metals ($1.63k), and Machines ($1.42k).

Economic Complexity

Competitive Landscape

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

Product Space of Brazil (Flag) and Bermuda (Flag) (2023)

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