Bermuda / South Korea

Bermuda-South Korea Trade: In 2022, Bermuda exported $4.88k to South Korea. The main products that Bermuda exported to South Korea were Engine Parts ($2.5k), Telephones ($940), and Electric Motors ($429). Over the past 5 years the exports of Bermuda to South Korea have increased at an annualized rate of 3.12%, from $4.19k in 2017 to $4.88k in 2022.

In 2022, Bermuda did not export any services to South Korea.

South Korea-Bermuda Trade: In 2022, South Korea exported $302M to Bermuda. The main products that South Korea exported to Bermuda were Passenger and Cargo Ships ($296M), Cars ($6.15M), and Electric Batteries ($125k). Over the past 5 years the exports of South Korea to Bermuda have decreased at an annualized rate of 18.7%,  from $852M in 2017 to $302M in 2022.

In 2022, South Korea 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).