2022
Flag  
GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 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 
$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH
14.5%CURRENT US$
Rnk 99 / 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

Denmark-Bermuda In 2022, Denmark exported $3.15M to Bermuda. The main products that Denmark exported to Bermuda are Beer ($1.55M), Electric Motor Parts ($302k), and Engine Parts ($200k). During the last 27 years the exports of Denmark to Bermuda have decreased at an annualized rate of 6.91%, from $21.8M in 1995 to $3.15M in 2022.

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

Bermuda-Denmark In 2022, Bermuda exported $156k to Denmark. The main products that Bermuda exported to Denmark were Oscilloscopes ($73.4k), Other Furniture ($27.7k), and Liquid Pumps ($6.49k). During the last 27 years the exports of Bermuda to Denmark have increased at an annualized rate of 10.4%, from $10.8k in 1995 to $156k in 2022.

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

Comparison In 2022,  Denmark ranked 23 in the Economic Complexity Index (ECI 1.01),  and 37 in total exports ($122B). 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, Denmark exported $3.15M to Bermuda. The main products exported from Denmark to Bermuda were Beer ($1.55M), Electric Motor Parts ($302k), and Engine Parts ($200k). During the last 27 years the exports of Denmark to Bermuda have decreased at an annualized rate of 6.91%, from $21.8M in 1995 to $3.15M in 2022.

In 2022, Bermuda exported $156k to Denmark. The main products exported from Bermuda to Denmark were Oscilloscopes ($73.4k), Other Furniture ($27.7k), and Liquid Pumps ($6.49k). During the last 27 years the exports of Bermuda to Denmark have increased at an annualized rate of 10.4%, from $10.8k in 1995 to $156k in 2022.

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

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

Latest Data

Trade between Denmark (Flag) and Bermuda (Flag)

Denmark Exports

Bermuda Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$18.9B
Bermuda
Top Destination
Zambia$17.5M

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

In 2021, countries that imported more from Denmark than Bermuda were Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

In 2019, no countries were registered that imported more from Bermuda than from Denmark.

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

Comparative Advantage Denmark - Bermuda

Flow
Scale

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

During 2022, Denmark had a large net trade with Bermuda in the exports of Foodstuffs ($1.8M), Machines ($1.24M), and Textiles ($24.7k).

During 2022, Bermuda had a large net trade with Denmark in the exports of Instruments ($78k), Miscellaneous ($27.8k), and Machines ($24.9k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Denmark has comparative advantage over Bermuda. Similarly, the more yellow a dot/product is, the more Bermuda has comparative advantage over Denmark.

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

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