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Pricing

2022
Flag → Flag
Exports $609kRnk 14 / 89
2022
Flag → Flag
Top Product $398kHard Liquor
2022
Flag → Flag
Exports $18.5MRnk N/A / N/A
2022
Flag → Flag
Top Product $3.84MPassenger and Cargo Ships
2022
Flag
Economic Complexity (ECI) ECI 1.75Rnk 3 / 124

About

Bermuda-Germany In 2022, Bermuda exported $609k to Germany. The main products that Bermuda exported to Germany are Hard Liquor ($398k), Transmissions ($49.2k), and Rubber Belting ($48.8k). During the last 27 years the exports of Bermuda to Germany have increased at an annualized rate of 1.21%, from $439k in 1995 to $609k in 2022.

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

Germany-Bermuda In 2022, Germany exported $18.5M to Bermuda. The main products that Germany exported to Bermuda were Passenger and Cargo Ships ($3.84M), Engine Parts ($2.96M), and Cars ($2.02M). During the last 27 years the exports of Germany to Bermuda have increased at an annualized rate of 2.54%, from $9.39M in 1995 to $18.5M in 2022.

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

Comparison In 2022,  Bermuda ranked 199 in total exports ($68.1M), and does not have data regarding Economic Complexity Index. That same year, Germany ranked 3 in the Economic Complexity Index (ECI 1.75), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bermuda exported $609k to Germany. The main products exported from Bermuda to Germany were Hard Liquor ($398k), Transmissions ($49.2k), and Rubber Belting ($48.8k). During the last 27 years the exports of Bermuda to Germany have increased at an annualized rate of 1.21%, from $439k in 1995 to $609k in 2022.

In 2022, Germany exported $18.5M to Bermuda. The main products exported from Germany to Bermuda were Passenger and Cargo Ships ($3.84M), Engine Parts ($2.96M), and Cars ($2.02M). During the last 27 years the exports of Germany to Bermuda have increased at an annualized rate of 2.54%, from $9.39M in 1995 to $18.5M in 2022.

Market Competitiveness

Color
Bermuda
Top DestinationN/AN/A
Germany
Top DestinationN/AN/A

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

N/A

N/A

Comparative Advantage Bermuda - Germany

Flow
Scale

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

During 2022, Bermuda had a large net trade with Germany in the exports of Foodstuffs ($398k), Machines ($92.9k), and Plastics and Rubbers ($48.9k).

During 2022, Germany had a large net trade with Bermuda in the exports of N/A.

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 Bermuda has comparative advantage over Germany. Similarly, the more yellow a dot/product is, the more Germany has comparative advantage over Bermuda.

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

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