Estonia (EST) and Bermuda (BMU) Trade | The Observatory of Economic Complexity

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Estonia-Bermuda Trade: In 2022, Estonia exported $74.6k to Bermuda. The main products that Estonia exported to Bermuda were Insulated Wire ($19.8k), Iron Sheet Piling ($10.2k), and Motor vehicles; parts and accessories (8701 to 8705) ($5.08k). Over the past 5 years the exports of Estonia to Bermuda have increased at an annualized rate of 106%, from $2.03k in 2017 to $74.6k in 2022.

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

Bermuda-Estonia Trade: In 2022, Bermuda exported $6.35k to Estonia. The main products that Bermuda exported to Estonia were Hard Liquor ($6.35k). Over the past 5 years the exports of Bermuda to Estonia have increased at an annualized rate of 122%, from $118 in 2017 to $6.35k in 2022.

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

Comparison In 2022, Estonia ranked 74 in total exports ($23.1B). That same year, Bermuda ranked 199 in total exports ($68.1M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Estonia exported $74.6k to Bermuda. The main products exported from Estonia to Bermuda were Insulated Wire ($19.8k), Iron Sheet Piling ($10.2k), and Motor vehicles; parts and accessories (8701 to 8705) ($5.08k). During the last 5 years the exports of Estonia to Bermuda have increased at an annualized rate of 106%, from $2.03k in 2017 to $74.6k in 2022.

In 2017, Bermuda exported $6.35k to Estonia. The main products exported from Bermuda to Estonia were Hard Liquor ($6.35k). During the last 5 years the exports of Bermuda to Estonia have increased at an annualized rate of 122%, from $118 in 2022 to $6.35k in 2017.

Exports from Estonia () to Bermuda () (2022)

Exports from Bermuda () to Estonia () (2022)

Latest Data

Trade between Estonia () and Bermuda ()

Estonia Exports

Date

Jul 2019

Mar 2015

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Estonia
Top DestinationFinland$3B

Bermuda
Top DestinationZambia$17.5M

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

In 2022, countries that imported more from Estonia than Bermuda included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

In 2022, countries that imported more from Bermuda than Estonia included Zambia ($17.5M), Tanzania ($5.76M), and Zimbabwe ($4.06M).

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

Comparative Advantage Estonia - Bermuda

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Estonia had a large net trade with Bermuda in the exports of Machines ($37.2k), Metals ($21.3k), and Transportation ($5.08k).

During 2017, Bermuda had a large net trade with Estonia in the exports of Foodstuffs ($6.35k).

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

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Historical Data

Bilateral Trade by Products

Exports from Estonia () to Bermuda () (2022)

Exports from Bermuda () to Estonia () (2022)

Latest Data

Trade between Estonia () and Bermuda ()

Estonia Exports

Market Competitiveness

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

Comparative Advantage Estonia - Bermuda

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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