Namibia (NAM) and Bermuda (BMU) Trade | The Observatory of Economic Complexity

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Namibia-Bermuda Trade: In 2022, Namibia exported $94.1k to Bermuda. The main products that Namibia exported to Bermuda were Crude Petroleum ($41.1k), Iron Chains ($22.4k), and Iron Fasteners ($9.54k). Over the past 5 years the exports of Namibia to Bermuda have increased at an annualized rate of 16.2%, from $44.3k in 2017 to $94.1k in 2022.

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

Bermuda-Namibia Trade: In 2022, Bermuda exported $296 to Namibia. The main products that Bermuda exported to Namibia were Awnings, Tents, and Sails ($286) and Valves ($10). Over the past 5 years the exports of Bermuda to Namibia have increased at an annualized rate of 24%, from $101 in 2017 to $296 in 2022.

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

Comparison In 2022, Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Namibia exported $94.1k to Bermuda. The main products exported from Namibia to Bermuda were Crude Petroleum ($41.1k), Iron Chains ($22.4k), and Iron Fasteners ($9.54k). During the last 5 years the exports of Namibia to Bermuda have increased at an annualized rate of 16.2%, from $44.3k in 2017 to $94.1k in 2022.

In 2017, Bermuda exported $296 to Namibia. The main products exported from Bermuda to Namibia were Awnings, Tents, and Sails ($286) and Valves ($10). During the last 5 years the exports of Bermuda to Namibia have increased at an annualized rate of 24%, from $101 in 2022 to $296 in 2017.

Exports from Namibia () to Bermuda () (2022)

Exports from Bermuda () to Namibia () (2022)

Latest Data

Trade between Namibia () and Bermuda ()

Namibia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Namibia
Top DestinationSouth Africa$1.75B

Bermuda
Top DestinationZambia$17.5M

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

In 2022, countries that imported more from Namibia than Bermuda included South Africa ($1.75B), Botswana ($672M), and China ($628M).

In 2022, countries that imported more from Bermuda than Namibia included Tanzania ($5.76M), Jamaica ($893k), and Brazil ($730k).

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

Comparative Advantage Namibia - Bermuda

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Namibia had a large net trade with Bermuda in the exports of Mineral Products ($41.1k), Metals ($39.6k), and Plastics and Rubbers ($6k).

During 2017, Bermuda had a large net trade with Namibia in the exports of Textiles ($286) and Machines ($10).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Namibia () to Bermuda () (2022)

Exports from Bermuda () to Namibia () (2022)

Latest Data

Trade between Namibia () and Bermuda ()

Namibia Exports

Market Competitiveness

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

Comparative Advantage Namibia - Bermuda

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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