2022
Flag  
GDP
$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH
44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
GDP PC 
$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH
32.4%CURRENT US$
Rnk 60 / 186

About

Costa Rica-Montserrat In 2020, Costa Rica exported $609 to Montserrat. The main products that Costa Rica exported to Montserrat are N/A. During the last 25 years the exports of Costa Rica to Montserrat have decreased at an annualized rate of 12.2%, from $15.6k in 1995 to $609 in 2020.

In 2020, Costa Rica did not export any services to Montserrat.

Montserrat-Costa Rica In 2020, Montserrat exported $57 to Costa Rica. The main products that Montserrat exported to Costa Rica were Other Rubber Products ($57). During the last 25 years the exports of Montserrat to Costa Rica have decreased at an annualized rate of 16.3%, from $4.85k in 1995 to $57 in 2020.

In 2020, Montserrat did not export any services to Costa Rica.

Comparison In 2022,  Costa Rica ranked 48 in the Economic Complexity Index (ECI 0.31),  and 82 in total exports ($17.2B). That same year, Montserrat ranked 220 in total exports ($6.58M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Costa Rica exported $609 to Montserrat. There were not main exports from Costa Rica to Montserrat in 2020. During the last 25 years the exports of Costa Rica to Montserrat have decreased at an annualized rate of 12.2%, from $15.6k in 1995 to $609 in 2020.

In 2022, Montserrat exported $57 to Costa Rica. The main products exported from Montserrat to Costa Rica were Other Rubber Products ($57). During the last 26 years the exports of Montserrat to Costa Rica have decreased at an annualized rate of 16.3%, from $4.85k in 1996 to $57 in 2022.

Exports from Costa Rica (Flag) to Montserrat (Flag) (2022)

Exports from Montserrat (Flag) to Costa Rica (Flag) (2022)

Market Competitiveness

Color
Costa Rica
Top Destination
United States$6.83B
Montserrat
Top Destination
United States$1.54M

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

In 2021, countries that imported more from Costa Rica than Montserrat were United States ($6.83B), Netherlands ($1.22B), and Guatemala ($821M).

In 2021, countries that imported more from Montserrat than Costa Rica were Antigua and Barbuda ($1.23M), Mauritania ($12.4k), and Benin ($7.37k).

Difference in imports from Montserrat (Flag) and Costa Rica (Flag) (2022)

Comparative Advantage Costa Rica - Montserrat

Flow
Scale

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

During 2020, Costa Rica had a large net trade with Montserrat in the exports of .

During 2022, Montserrat had a large net trade with Costa Rica in the exports of Plastics and Rubbers ($57).

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

Product Space of Costa Rica (Flag) and Montserrat (Flag) (2022)

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