2022
Flag  
GDP
$7.55BCURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP GROWTH
18.4%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC 
$118,846CURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP PC GROWTH
20.7%CURRENT US$
Rnk 85 / 186

About

Bermuda-Montserrat In 2016, Bermuda exported $83 to Montserrat. The main products that Bermuda exported to Montserrat are N/A. During the last 3 years the exports of Bermuda to Montserrat have decreased at an annualized rate of 85.3%, from $25.9k in 2013 to $83 in 2016.

In 2016, Bermuda did not export any services to Montserrat.

Montserrat-Bermuda In 2016, Montserrat exported $30 to Bermuda. The main products that Montserrat exported to Bermuda were N/A. During the last 3 years the exports of Montserrat to Bermuda have decreased at an annualized rate of 80.7%, from $4.19k in 2013 to $30 in 2016.

In 2016, Montserrat did not export any services to Bermuda.

Comparison In 2022,  Bermuda ranked 199 in total exports ($68.1M). That same year, Montserrat ranked 220 in total exports ($6.58M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2016, Bermuda exported $83 to Montserrat. There were not main exports from Bermuda to Montserrat in 2016. During the last 3 years the exports of Bermuda to Montserrat have decreased at an annualized rate of 85.3%, from $25.9k in 2013 to $83 in 2016.

In 2021, Montserrat exported $30 to Bermuda. There were not main exports from Montserrat to Bermuda in 2021. During the last 26 years the exports of Montserrat to Bermuda have decreased at an annualized rate of 80.7%, from $4.19k in 1995 to $30 in 2021.

Exports from Bermuda (Flag) to Montserrat (Flag) (2021)

Exports from Montserrat (Flag) to Bermuda (Flag) (2021)

Market Competitiveness

Color
Bermuda
Top Destination
Zambia$17.5M
Montserrat
Top Destination
United States$1.54M

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

In 2021, countries that imported more from Bermuda than Montserrat were Zambia ($17.5M), United States ($11.1M), and Angola ($7.13M).

In 2021, countries that imported more from Montserrat than Bermuda were Antigua and Barbuda ($1.23M), Ireland ($985k), and United Arab Emirates ($131k).

Difference in imports from Montserrat (Flag) and Bermuda (Flag) (2022)

Comparative Advantage Bermuda - Montserrat

Flow
Scale

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

During 2016, Bermuda had a large net trade with Montserrat in the exports of .

During 2021, Montserrat had a large net trade with Bermuda in the exports of .

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Bermuda has comparative advantage over Montserrat. Similarly, the more yellow a dot/product is, the more Montserrat has comparative advantage over Bermuda.

Product Space of Bermuda (Flag) and Montserrat (Flag) (2021)

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