2022
Flag  
GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
 GDP
$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH
18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC 
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186
2022
Flag
GDP PC
$118,846CURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP PC GROWTH
20.7%CURRENT US$
Rnk 85 / 186

About

Sweden-Bermuda Trade: In 2022, Sweden exported $397k to Bermuda. The main products that Sweden exported to Bermuda were Hard Liquor ($59.5k), Centrifuges ($38.8k), and Cleaning Products ($27k). Over the past 5 years the exports of Sweden to Bermuda have decreased at an annualized rate of 25.7%, from $1.76M in 2017 to $397k in 2022.

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

Bermuda-Sweden Trade: In 2022, Bermuda exported $28.2k to Sweden. The main products that Bermuda exported to Sweden were Oscilloscopes ($7.34k), Computers ($5.6k), and Other Furniture ($3.55k). Over the past 5 years the exports of Bermuda to Sweden have decreased at an annualized rate of 35.7%,  from $258k in 2017 to $28.2k in 2022.

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

Comparison In 2022,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.49),  and 33 in total exports ($194B). 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, Sweden exported $397k to Bermuda. The main products exported from Sweden to Bermuda were Hard Liquor ($59.5k), Centrifuges ($38.8k), and Cleaning Products ($27k). During the last 5 years the exports of Sweden to Bermuda have decreased at an annualized rate of 25.7%, from $1.76M in 2017 to $397k in 2022.

In 2017, Bermuda exported $28.2k to Sweden. The main products exported from Bermuda to Sweden were Oscilloscopes ($7.34k), Computers ($5.6k), and Other Furniture ($3.55k). During the last 5 years the exports of Bermuda to Sweden have decreased at an annualized rate of 35.7%, from $258k in 2022 to $28.2k in 2017.

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

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

Market Competitiveness

Color
Sweden
Top Destination
Germany$19.2B
Bermuda
Top Destination
Zambia$17.5M

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

In 2022, countries that imported more from Sweden than Bermuda included Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

In 2022, countries that imported more from Bermuda than Sweden included Zambia ($17.5M).

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

Comparative Advantage Sweden - Bermuda

Flow
Scale

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

During 2022, Sweden had a large net trade with Bermuda in the exports of Machines ($126k), Foodstuffs ($77.9k), and Textiles ($60.9k).

During 2017, Bermuda had a large net trade with Sweden in the exports of Instruments ($10.7k), Machines ($9.57k), and Miscellaneous ($3.55k).

Economic Complexity

Competitive Landscape

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

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

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