India (IND) and Bermuda (BMU) Trade | The Observatory of Economic Complexity

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India-Bermuda Trade: In 2022, India exported $7.47M to Bermuda. The main products that India exported to Bermuda were Cars ($6.37M), Motorcycles and cycles ($298k), and Plastic Lids ($114k). Over the past 5 years the exports of India to Bermuda have increased at an annualized rate of 13%, from $4.06M in 2017 to $7.47M in 2022.

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

Bermuda-India Trade: In 2022, Bermuda exported $57.9k to India. The main products that Bermuda exported to India were Integrated Circuits ($49.6k), Textile Scraps ($8k), and Office Machine Parts ($202). Over the past 5 years the exports of Bermuda to India have increased at an annualized rate of 31.2%, from $14.9k in 2017 to $57.9k in 2022.

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

Comparison In 2022, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Bermuda ranked 199 in total exports ($68.1M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

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Overview In N/A, India exported $N/A and imported $N/A from Bermuda, resulting in a N/A trade balance of $N/A. Between N/A and N/A the exports of India have N/A by $N/A (N/A) from $N/A to $N/A, while imports N/A by $N/A (N/A) from $N/A to $N/A.

Trade In N/A, the top exports of India to Bermuda were Motor Vehicle/Cars ($506k), Handcrfs(Excl.Handmade Crpts) ($9.36k), Auto Components/Parts ($109), Gold And Oth Precs Metl Jwlery ($28), and Glass And Glassware ($3). In N/A the top imports of India from Bermuda were .

Growth In N/A, the N/A in India's year-by-year exports to Bermuda was explained primarily by an decrease in product exports in . In N/A, the N/A in India's year-by-year imports from Bermuda was explained primarily by an decrease in product imports in .

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

This section shows exports and imports data at subnational level for India. Click any date in the line plot or any product to explore the exports or imports behavior of India over time.

To check Bermuda and India trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, India exported $7.47M to Bermuda. The main products exported from India to Bermuda were Cars ($6.37M), Motorcycles and cycles ($298k), and Plastic Lids ($114k). During the last 5 years the exports of India to Bermuda have increased at an annualized rate of 13%, from $4.06M in 2017 to $7.47M in 2022.

In 2017, Bermuda exported $57.9k to India. The main products exported from Bermuda to India were Integrated Circuits ($49.6k), Textile Scraps ($8k), and Office Machine Parts ($202). During the last 5 years the exports of Bermuda to India have increased at an annualized rate of 31.2%, from $14.9k in 2022 to $57.9k in 2017.

Exports from India () to Bermuda () (2022)

Exports from Bermuda () to India () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

India
Top DestinationUnited States$82.9B

Bermuda
Top DestinationZambia$17.5M

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

In 2022, countries that imported more from India than Bermuda included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

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

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

Comparative Advantage India - Bermuda

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, India had a large net trade with Bermuda in the exports of Transportation ($6.69M), Textiles ($345k), and Plastics and Rubbers ($117k).

During 2017, Bermuda had a large net trade with India in the exports of Machines ($49.8k), Textiles ($8k), and Instruments ($83).

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

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Latest Trends

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Latest Trade

Historical Data

Bilateral Trade by Products

Exports from India () to Bermuda () (2022)

Exports from Bermuda () to India () (2022)

Market Competitiveness

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

Comparative Advantage India - Bermuda

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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