2022
Flag  
GDP
$4.23TCURRENT US$
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2012-2022
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GDP GROWTH
-32.5%CURRENT US$
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2022
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 GDP
$7.55BCURRENT US$
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2012-2022
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GDP GROWTH
18.4%CURRENT US$
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2022
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GDP PC 
$33,815CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
-31.2%CURRENT US$
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2022
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GDP PC
$118,846CURRENT US$
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2012-2022
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GDP PC GROWTH
20.7%CURRENT US$
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About

Japan-Bermuda Trade: In 2022, Japan exported $12.2M to Bermuda. The main products that Japan exported to Bermuda were Cars ($3.27M), Delivery Trucks ($1.79M), and Paintings ($1.21M). Over the past 5 years the exports of Japan to Bermuda have increased at an annualized rate of 2.41%, from $10.8M in 2017 to $12.2M in 2022.

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

Bermuda-Japan Trade: In 2022, Bermuda exported $31.5k to Japan. The main products that Bermuda exported to Japan were Collector's Items ($13.8k), Oscilloscopes ($5.24k), and Knit T-shirts ($5.16k). Over the past 5 years the exports of Bermuda to Japan have decreased at an annualized rate of 43.5%,  from $545k in 2017 to $31.5k in 2022.

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

Comparison In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07),  and 4 in total exports ($728B). 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, Japan exported $12.2M to Bermuda. The main products exported from Japan to Bermuda were Cars ($3.27M), Delivery Trucks ($1.79M), and Paintings ($1.21M). During the last 5 years the exports of Japan to Bermuda have increased at an annualized rate of 2.41%, from $10.8M in 2017 to $12.2M in 2022.

In 2017, Bermuda exported $31.5k to Japan. The main products exported from Bermuda to Japan were Collector's Items ($13.8k), Oscilloscopes ($5.24k), and Knit T-shirts ($5.16k). During the last 5 years the exports of Bermuda to Japan have decreased at an annualized rate of 43.5%, from $545k in 2022 to $31.5k in 2017.

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

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

Market Competitiveness

Color
Japan
Top Destination
United States$137B
Bermuda
Top Destination
Zambia$17.5M

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

In 2022, countries that imported more from Japan than Bermuda included United States ($137B), China ($135B), and South Korea ($50.8B).

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

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

Comparative Advantage Japan - Bermuda

Flow
Scale

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

During 2022, Japan had a large net trade with Bermuda in the exports of Transportation ($5.4M), Machines ($4.32M), and Arts and Antiques ($1.21M).

During 2017, Bermuda had a large net trade with Japan in the exports of Arts and Antiques ($17.7k), Instruments ($5.24k), and Textiles ($5.16k).

Economic Complexity

Competitive Landscape

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

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

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