2022
Flag  
GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
 GDP
$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH
18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC 
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC
$118,846CURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP PC GROWTH
20.7%CURRENT US$
Rnk 85 / 186

About

Colombia-Bermuda Trade: In 2022, Colombia exported $598k to Bermuda. The main products that Colombia exported to Bermuda were Aluminium Structures ($229k), Cars ($128k), and Plastic Pipes ($101k). Over the past 5 years the exports of Colombia to Bermuda have increased at an annualized rate of 8.35%, from $400k in 2017 to $598k in 2022.

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

Bermuda-Colombia Trade: In 2022, Bermuda exported $320 to Colombia. The main products that Bermuda exported to Colombia were Iron Fasteners ($320). Over the past 5 years the exports of Bermuda to Colombia have decreased at an annualized rate of 27%,  from $1.54k in 2017 to $320 in 2022.

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

Comparison In 2022,  Colombia ranked 58 in the Economic Complexity Index (ECI 0.11),  and 53 in total exports ($60.3B). 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, Colombia exported $598k to Bermuda. The main products exported from Colombia to Bermuda were Aluminium Structures ($229k), Cars ($128k), and Plastic Pipes ($101k). During the last 5 years the exports of Colombia to Bermuda have increased at an annualized rate of 8.35%, from $400k in 2017 to $598k in 2022.

In 2017, Bermuda exported $320 to Colombia. The main products exported from Bermuda to Colombia were Iron Fasteners ($320). During the last 5 years the exports of Bermuda to Colombia have decreased at an annualized rate of 27%, from $1.54k in 2022 to $320 in 2017.

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

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

Latest Data

Trade between Colombia (Flag) and Bermuda (Flag)

Colombia Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$15.6B
Bermuda
Top Destination
Zambia$17.5M

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

In 2022, countries that imported more from Colombia than Bermuda included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

In 2022, countries that imported more from Bermuda than Colombia included Zambia ($17.5M), Tanzania ($5.76M), and Zimbabwe ($4.06M).

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

Comparative Advantage Colombia - Bermuda

Flow
Scale

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

During 2022, Colombia had a large net trade with Bermuda in the exports of Metals ($229k), Transportation ($128k), and Plastics and Rubbers ($102k).

During 2017, Bermuda had a large net trade with Colombia in the exports of Metals ($320).

Economic Complexity

Competitive Landscape

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

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

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