Singapore (SGP) and Bermuda (BMU) Trade | The Observatory of Economic Complexity

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Singapore-Bermuda Trade: In 2022, Singapore exported $182k to Bermuda. The main products that Singapore exported to Bermuda were Cars ($36.3k), Other Processed Fruits and Nuts ($23.4k), and Sauces and Seasonings ($13.8k). Over the past 5 years the exports of Singapore to Bermuda have decreased at an annualized rate of 9.67%, from $302k in 2017 to $182k in 2022.

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

Bermuda-Singapore In N/A, Bermuda did not export any products to Singapore.

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

Comparison In 2022, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). That same year, Bermuda ranked 199 in total exports ($68.1M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Singapore exported $182k to Bermuda. The main products exported from Singapore to Bermuda were Cars ($36.3k), Other Processed Fruits and Nuts ($23.4k), and Sauces and Seasonings ($13.8k). During the last 5 years the exports of Singapore to Bermuda have decreased at an annualized rate of 9.67%, from $302k in 2017 to $182k in 2022.

Bermuda does not register exports to Singapore. The main products exported from Bermuda to Singapore were Railway Cargo Containers ($3.82k), Textiles for technical uses ($1.68k), and Excavation Machinery ($1.01k).

Exports from Singapore () to Bermuda () (2022)

Exports from Bermuda () to Singapore () (2022)

Latest Data

Trade between Singapore () and Bermuda ()

Singapore Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Singapore
Top DestinationHong Kong$51.6B

Bermuda
Top DestinationZambia$17.5M

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

In 2022, countries that imported more from Singapore than Bermuda included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2022, countries that imported more from Bermuda than Singapore included Zambia ($17.5M).

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

Comparative Advantage Singapore - Bermuda

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Singapore had a large net trade with Bermuda in the exports of Foodstuffs ($54.6k), Transportation ($43.4k), and Plastics and Rubbers ($14.7k).

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

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Historical Data

Bilateral Trade by Products

Exports from Singapore () to Bermuda () (2022)

Exports from Bermuda () to Singapore () (2022)

Latest Data

Trade between Singapore () and Bermuda ()

Singapore Exports

Market Competitiveness

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

Comparative Advantage Singapore - Bermuda

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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