Bermuda (BMU) and Japan (JPN) Trade | The Observatory of Economic Complexity

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Bermuda-Japan Trade: In 2022, Bermuda exported $31.5k to Japan. The main products that Bermuda exported to Japan were Collector's Items ($13.8k), Oscilloscopes ($5.24k), and Knit T-shirts ($5.16k). Over the past 5 years the exports of Bermuda to Japan have decreased at an annualized rate of 43.5%, from $545k in 2017 to $31.5k in 2022.

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

Japan-Bermuda Trade: In 2022, Japan exported $12.2M to Bermuda. The main products that Japan exported to Bermuda were Cars ($3.27M), Delivery Trucks ($1.79M), and Paintings ($1.21M). Over the past 5 years the exports of Japan to Bermuda have increased at an annualized rate of 2.41%, from $10.8M in 2017 to $12.2M in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Bermuda exported $31.5k to Japan. The main products exported from Bermuda to Japan were Collector's Items ($13.8k), Oscilloscopes ($5.24k), and Knit T-shirts ($5.16k). During the last 5 years the exports of Bermuda to Japan have decreased at an annualized rate of 43.5%, from $545k in 2017 to $31.5k in 2022.

In 2017, Japan exported $12.2M to Bermuda. The main products exported from Japan to Bermuda were Cars ($3.27M), Delivery Trucks ($1.79M), and Paintings ($1.21M). During the last 5 years the exports of Japan to Bermuda have increased at an annualized rate of 2.41%, from $10.8M in 2022 to $12.2M in 2017.

Exports from Bermuda () to Japan () (2022)

Exports from Japan () to Bermuda () (2022)

Latest Data

Trade between Bermuda () and Japan ()

Bermuda Exports

Date

Japan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bermuda
Top DestinationZambia$17.5M

Japan
Top DestinationUnited States$137B

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

In 2022, no countries were registered that imported more from Bermuda than from Japan.

In 2022, countries that imported more from Japan than Bermuda included United States ($137B), China ($135B), and South Korea ($50.8B).

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

Comparative Advantage Bermuda - Japan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bermuda had a large net trade with Japan in the exports of Arts and Antiques ($17.7k), Instruments ($5.24k), and Textiles ($5.16k).

During 2017, Japan had a large net trade with Bermuda in the exports of Transportation ($5.4M), Machines ($4.32M), and Arts and Antiques ($1.21M).

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

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Historical Data

Bilateral Trade by Products

Exports from Bermuda () to Japan () (2022)

Exports from Japan () to Bermuda () (2022)

Latest Data

Trade between Bermuda () and Japan ()

Bermuda Exports

Japan Exports

Market Competitiveness

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

Comparative Advantage Bermuda - Japan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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