Bermuda (BMU) and Ireland (IRL) Trade | The Observatory of Economic Complexity

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Bermuda-Ireland Trade: In 2022, Bermuda exported $56.3k to Ireland. The main products that Bermuda exported to Ireland were Office Machine Parts ($39.7k), Hard Liquor ($2.86k), and Electric Heaters ($2.45k). Over the past 5 years the exports of Bermuda to Ireland have increased at an annualized rate of 1.1%, from $53.3k in 2017 to $56.3k in 2022.

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

Ireland-Bermuda Trade: In 2022, Ireland exported $1.1M to Bermuda. The main products that Ireland exported to Bermuda were Beer ($154k), Sausages ($137k), and Hard Liquor ($107k). Over the past 5 years the exports of Ireland to Bermuda have decreased at an annualized rate of 38.3%, from $12.3M in 2017 to $1.1M in 2022.

In 2022, Ireland 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, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bermuda exported $56.3k to Ireland. The main products exported from Bermuda to Ireland were Office Machine Parts ($39.7k), Hard Liquor ($2.86k), and Electric Heaters ($2.45k). During the last 5 years the exports of Bermuda to Ireland have increased at an annualized rate of 1.1%, from $53.3k in 2017 to $56.3k in 2022.

In 2017, Ireland exported $1.1M to Bermuda. The main products exported from Ireland to Bermuda were Beer ($154k), Sausages ($137k), and Hard Liquor ($107k). During the last 5 years the exports of Ireland to Bermuda have decreased at an annualized rate of 38.3%, from $12.3M in 2022 to $1.1M in 2017.

Exports from Bermuda () to Ireland () (2022)

Exports from Ireland () to Bermuda () (2022)

Latest Data

Trade between Bermuda () and Ireland ()

Bermuda Exports

Date

Ireland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bermuda
Top DestinationN/AN/A

Ireland
Top DestinationN/AN/A

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

N/A

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

Comparative Advantage Bermuda - Ireland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bermuda had a large net trade with Ireland in the exports of Machines ($44.2k), Textiles ($4.04k), and Foodstuffs ($2.96k).

During 2017, Ireland had a large net trade with Bermuda in the exports of Foodstuffs ($512k), Chemical Products ($161k), and Animal Products ($95.4k).

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 Bermuda and Ireland. This means that a dot/product with the flag of Bermuda indicates it has a comparative advantage over Ireland. Similarly, a dot/product with the flag of Ireland indicates it has a comparative advantage over Bermuda.

About

Historical Data

Bilateral Trade by Products

Exports from Bermuda () to Ireland () (2022)

Exports from Ireland () to Bermuda () (2022)

Latest Data

Trade between Bermuda () and Ireland ()

Bermuda Exports

Ireland Exports

Market Competitiveness

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

Comparative Advantage Bermuda - Ireland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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