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2022
Flag → Flag
Exports $7.74MRnk 157 / 219
2022
Flag → Flag
Top Product $2.03MPrecious Metal Watches
2022
Flag → Flag
Exports $32.7kRnk 39 / 89
2022
Flag → Flag
Top Product $18.2kHard Liquor
2022
Flag
Economic Complexity (ECI) ECI 1.97Rnk 2 / 133
2022
Flag  
GDP$808BCURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP GROWTH17.7%CURRENT US$
Rnk 128 / 186
2022
Flag
 GDP$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC $92,101CURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP PC GROWTH7.3%CURRENT US$
Rnk 125 / 186
2022
Flag
GDP PC$118,846CURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP PC GROWTH20.7%CURRENT US$
Rnk 85 / 186

About

Switzerland-Bermuda Trade: In 2022, Switzerland exported $7.74M to Bermuda. The main products that Switzerland exported to Bermuda were Precious Metal Watches ($2.03M), Base Metal Watches ($1.85M), and Packaged Medicaments ($1M). Over the past 5 years the exports of Switzerland to Bermuda have decreased at an annualized rate of 0.73%, from $8.03M in 2017 to $7.74M in 2022.

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

Bermuda-Switzerland Trade: In 2022, Bermuda exported $32.7k to Switzerland. The main products that Bermuda exported to Switzerland were Hard Liquor ($18.2k), Flavored Water ($3.18k), and Aircraft Parts ($2.4k). Over the past 5 years the exports of Bermuda to Switzerland have decreased at an annualized rate of 17.7%,  from $86.6k in 2017 to $32.7k in 2022.

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

Comparison In 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97),  and 17 in total exports ($402B). That same year, Bermuda ranked 199 in total exports ($68.1M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Switzerland exported $7.74M to Bermuda. The main products exported from Switzerland to Bermuda were Precious Metal Watches ($2.03M), Base Metal Watches ($1.85M), and Packaged Medicaments ($1M). During the last 5 years the exports of Switzerland to Bermuda have decreased at an annualized rate of 0.73%, from $8.03M in 2017 to $7.74M in 2022.

In 2017, Bermuda exported $32.7k to Switzerland. The main products exported from Bermuda to Switzerland were Hard Liquor ($18.2k), Flavored Water ($3.18k), and Aircraft Parts ($2.4k). During the last 5 years the exports of Bermuda to Switzerland have decreased at an annualized rate of 17.7%, from $86.6k in 2022 to $32.7k in 2017.

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

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

Latest Data

Trade between Switzerland (Flag) and Bermuda (Flag)

Switzerland Exports

Bermuda Exports

Market Competitiveness

Color
Switzerland
Top DestinationUnited States$61.7B
Bermuda
Top DestinationZambia$17.5M

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

In 2022, countries that imported more from Switzerland than Bermuda included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

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

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

Comparative Advantage Switzerland - Bermuda

Flow
Scale

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

During 2022, Switzerland had a large net trade with Bermuda in the exports of Instruments ($4.38M), Machines ($1.38M), and Chemical Products ($1.05M).

During 2017, Bermuda had a large net trade with Switzerland in the exports of Foodstuffs ($21.6k), Transportation ($2.4k), and Instruments ($1.45k).

Economic Complexity

Competitive Landscape

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

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

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