India (IND) and Bermuda (BMU) Trade | The Observatory of Economic Complexity

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India-Bermuda Trade: In 2023, India exported $5.93M to Bermuda. The main products that India exported to Bermuda were Cars ($5.01M), Motorcycles and cycles ($418k), and Plastic Lids ($112k). Over the past 5 years the exports of India to Bermuda have increased at an annualized rate of 9.14%, from $3.83M in 2018 to $5.93M in 2023.

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

Bermuda-India Trade: In 2023, Bermuda exported $57.9k to India. The main products that Bermuda exported to India were N/A. Over the past 5 years the exports of Bermuda to India have increased at an annualized rate of 21.4%, from $14.9k in 2018 to $57.9k in 2023.

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

Comparison In 2023, India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B). That same year, Bermuda ranked 179 in total exports ($254M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

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Overview In N/A, India exported $N/A and imported $N/A from Bermuda, resulting in a N/A trade balance of $N/A. Between N/A and N/A the exports of India have N/A by $N/A (N/A) from $N/A to $N/A, while imports N/A by $N/A (N/A) from $N/A to $N/A.

Trade In N/A, the top exports of India to Bermuda were Motor Vehicle/Cars ($761k), Pearl, Precs, Semiprecs Stones ($12.8k), Drug Formulations, Biologicals ($4.27k), Auto Components/Parts ($3.26k), and Ic Engines And Parts ($1.26k). In N/A the top imports of India from Bermuda were .

Growth In N/A, the N/A in India's year-by-year exports to Bermuda was explained primarily by an decrease in product exports in Handcrfs(Excl.Handmade Crpts) ($-9.35k or -99.9%). In N/A, the N/A in India's year-by-year imports from Bermuda was explained primarily by an decrease in product imports in .

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

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

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

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, India exported $5.93M to Bermuda. The main products exported from India to Bermuda were Cars ($5.01M), Motorcycles and cycles ($418k), and Plastic Lids ($112k). During the last 5 years the exports of India to Bermuda have increased at an annualized rate of 9.14%, from $3.83M in 2018 to $5.93M in 2023.

In 2017, Bermuda exported $57.9k to India. There were not main exports from Bermuda to India in 2017. During the last 5 years the exports of Bermuda to India have increased at an annualized rate of 21.4%, from $14.9k in 2022 to $57.9k in 2017.

Exports from India () to Bermuda () (2023)

Exports from Bermuda () to India () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

India
Top DestinationN/AN/A

Bermuda
Top DestinationN/AN/A

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

N/A

Difference in imports from Bermuda () and India () (2023)

Comparative Advantage India - Bermuda

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, India had a large net trade with Bermuda in the exports of Transportation ($5.45M), Precious Metals ($127k), and Plastics and Rubbers ($117k).

During 2017, Bermuda had a large net trade with India in the exports of .

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

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Latest Trade

Historical Data

Bilateral Trade by Products

Exports from India () to Bermuda () (2023)

Exports from Bermuda () to India () (2023)

Market Competitiveness

Difference in imports from Bermuda () and India () (2023)

Comparative Advantage India - Bermuda

Economic Complexity

Competitive Landscape

Product Space of India () and Bermuda () (2023)

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