Flag Barbados / Montserrat Flag

2020
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Exports
: $618k, Rnk 47 / 143

2020
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Top Product
: $269k, Light Fixtures

2020
FlagFlag
Exports
: $237, Rnk 41 / 52

2020
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Top Product
: $237, Other Animals

2020
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GDP
: $4.42B, CURRENT US$
Rnk 158 / 195

2010-2020
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GDP GROWTH
: -2.47%, CURRENT US$
Rnk 162 / 195

2020
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GDP PC 
: $15,374, CURRENT US$
Rnk 56 / 195

2010-2020
Flag
GDP PC GROWTH
: -4.25%, CURRENT US$
Rnk 151 / 195

Barbados-Montserrat In 2020, Barbados exported $618k to Montserrat. The main products that Barbados exported to Montserrat are Light Fixtures ($269k), Packaged Medicaments ($170k), and Pesticides ($79.1k). During the last 23 years the exports of Barbados to Montserrat have increased at an annualized rate of 0.99%, from $493k in 1997 to $618k in 2020.

In 2020, Barbados did not export any services to Montserrat.

Montserrat-Barbados In 2020, Montserrat exported $237 to Barbados. The main products that Montserrat exported to Barbados were Other Animals ($237). During the last 23 years the exports of Montserrat to Barbados have decreased at an annualized rate of 16.7%, from $15.8k in 1997 to $237 in 2020.

In 2020, Montserrat did not export any services to Barbados.

Comparison In 2020,  Barbados ranked 172 in total exports ($330M). That same year, Montserrat ranked 221 in total exports ($5.37M). Both countries does not have data related to Economic Complexity Index.

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Barbados exported $618k to Montserrat. The main products exported from Barbados to Montserrat were Light Fixtures ($269k), Packaged Medicaments ($170k), and Pesticides ($79.1k). During the last 23 years the exports of Barbados to Montserrat have increased at an annualized rate of 0.99%, from $493k in 1997 to $618k in 2020.

In 2020, Montserrat exported $237 to Barbados. The main products exported from Montserrat to Barbados were Other Animals ($237). During the last 21 years the exports of Montserrat to Barbados have decreased at an annualized rate of 16.7%, from $15.8k in 1999 to $237 in 2020.

Barbados Exports

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Market Competitiveness

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Measure

Barbados
Top Destination
: United States, $50.9M

Montserrat
Top Destination
: Thailand, $1.68M

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

In 2019, countries that imported more from Barbados than Montserrat were United States ($50.9M), Jamaica ($32.7M), and Guyana ($27.7M).

In 2019, countries that imported more from Montserrat than Barbados were Australia ($251k), Luxembourg ($221k), and Mauritania ($7.99k).

Comparative Advantage Barbados - Montserrat

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Flow

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

During 2020, Barbados had a large net trade with Montserrat in the exports of Miscellaneous ($271k), Chemical Products ($260k), and Foodstuffs ($38.4k).

During 2020, Montserrat had a large net trade with Barbados in the exports of Animal Products ($237).

Economic Complexity

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Competitive Landscape

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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 Barbados has comparative advantage over Montserrat. Similarly, the more yellow a dot/product is, the more Montserrat has comparative advantage over Barbados.