Mexico (MEX) and Bermuda (BMU) Trade | The Observatory of Economic Complexity

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Mexico-Bermuda Trade: In 2022, Mexico exported $6.15M to Bermuda. The main products that Mexico exported to Bermuda were N/A. Over the past 5 years the exports of Mexico to Bermuda have decreased at an annualized rate of 2.08%, from $6.83M in 2017 to $6.15M in 2022.

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

Bermuda-Mexico Trade: In 2022, Bermuda exported $10 to Mexico. The main products that Bermuda exported to Mexico were N/A. Over the past 5 years the exports of Bermuda to Mexico have decreased at an annualized rate of 38.3%, from $112 in 2017 to $10 in 2022.

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

Comparison In 2023, Mexico ranked 25 in the Economic Complexity Index (ECI 1.09), and 8 in total exports ($603B). That same year, Bermuda ranked 179 in total exports ($254M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Mexico exported $6.15M to Bermuda. There were not main exports from Mexico to Bermuda in 2022. During the last 5 years the exports of Mexico to Bermuda have decreased at an annualized rate of 2.08%, from $6.83M in 2017 to $6.15M in 2022.

In 2017, Bermuda exported $10 to Mexico. There were not main exports from Bermuda to Mexico in 2017. During the last 5 years the exports of Bermuda to Mexico have decreased at an annualized rate of 38.3%, from $112 in 2022 to $10 in 2017.

Exports from Mexico () to Bermuda () (2022)

Exports from Bermuda () to Mexico () (2022)

Latest Data

Trade between Mexico () and Bermuda ()

Mexico Exports

Date

Bermuda Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mexico
Top DestinationUnited States$456B

Bermuda
Top DestinationGermany$101M

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

In 2023, countries that imported more from Mexico than Bermuda included United States ($456B), Canada ($33B), and China ($15B).

In 2023, countries that imported more from Bermuda than Mexico included Zimbabwe ($133k).

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

Comparative Advantage Mexico - Bermuda

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mexico had a large net trade with Bermuda in the exports of .

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

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Mexico () to Bermuda () (2022)

Exports from Bermuda () to Mexico () (2022)

Latest Data

Trade between Mexico () and Bermuda ()

Mexico Exports

Bermuda Exports

Market Competitiveness

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

Comparative Advantage Mexico - Bermuda

Economic Complexity

Competitive Landscape

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

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