Ireland (IRL) and Bermuda (BMU) Trade | The Observatory of Economic Complexity

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Ireland-Bermuda Trade: In 2022, Ireland exported $1.1M to Bermuda. The main products that Ireland exported to Bermuda were Beer ($154k), Sausages ($137k), and Hard Liquor ($107k). Over the past 5 years the exports of Ireland to Bermuda have decreased at an annualized rate of 38.3%, from $12.3M in 2017 to $1.1M in 2022.

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

Bermuda-Ireland Trade: In 2022, Bermuda exported $56.3k to Ireland. The main products that Bermuda exported to Ireland were Office Machine Parts ($39.7k), Hard Liquor ($2.86k), and Electric Heaters ($2.45k). Over the past 5 years the exports of Bermuda to Ireland have increased at an annualized rate of 0.78%, from $53.3k in 2017 to $56.3k in 2022.

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

Comparison In 2022, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B). That same year, Bermuda ranked 199 in total exports ($68.1M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

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Overview In N/A, Ireland 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 Ireland 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 Ireland to Bermuda were . In N/A the top imports of Ireland from Bermuda were .

Growth In N/A, the N/A in Ireland's year-by-year exports to Bermuda was explained primarily by an decrease in product exports in . In N/A, the N/A in Ireland'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 Ireland. Click any date in the line plot or any product to explore the exports or imports behavior of Ireland over time.

To check Bermuda and Ireland 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 2022, Ireland exported $1.1M to Bermuda. The main products exported from Ireland to Bermuda were Beer ($154k), Sausages ($137k), and Hard Liquor ($107k). During the last 5 years the exports of Ireland to Bermuda have decreased at an annualized rate of 38.3%, from $12.3M in 2017 to $1.1M in 2022.

In 2017, Bermuda exported $56.3k to Ireland. The main products exported from Bermuda to Ireland were Office Machine Parts ($39.7k), Hard Liquor ($2.86k), and Electric Heaters ($2.45k). During the last 5 years the exports of Bermuda to Ireland have increased at an annualized rate of 0.78%, from $53.3k in 2022 to $56.3k in 2017.

Exports from Ireland () to Bermuda () (2022)

Exports from Bermuda () to Ireland () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ireland
Top DestinationN/AN/A

Bermuda
Top DestinationN/AN/A

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

N/A

Difference in imports from Bermuda () and Ireland () (2022)

Comparative Advantage Ireland - Bermuda

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Ireland had a large net trade with Bermuda in the exports of Foodstuffs ($512k), Chemical Products ($161k), and Animal Products ($95.4k).

During 2017, Bermuda had a large net trade with Ireland in the exports of Machines ($44.2k), Textiles ($4.04k), and Foodstuffs ($2.96k).

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

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Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Ireland () to Bermuda () (2022)

Exports from Bermuda () to Ireland () (2022)

Market Competitiveness

Difference in imports from Bermuda () and Ireland () (2022)

Comparative Advantage Ireland - Bermuda

Economic Complexity

Competitive Landscape

Product Space of Ireland () and Bermuda () (2022)

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