2022
Flag  
GDP
$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH
5.49%CURRENT US$
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2022
Flag
GDP PC 
$29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH
3.63%CURRENT US$
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About

Spain-Montserrat Trade: In 2022, Spain exported $17.1k to Montserrat. The main products that Spain exported to Montserrat were Unglazed Ceramics ($12.1k), Bicycles, delivery tricycles, other cycles ($3.35k), and Plastic Pipes ($1.06k). Over the past 5 years the exports of Spain to Montserrat have decreased at an annualized rate of 34.2%, from $138k in 2017 to $17.1k in 2022.

In 2022, Spain did not export any services to Montserrat.

Montserrat-Spain Trade: In 2022, Montserrat exported $28.4k to Spain. The main products that Montserrat exported to Spain were Integrated Circuits ($25.8k), Electrical Power Accessories ($1.27k), and Trunks and Cases ($324). Over the past 5 years the exports of Montserrat to Spain have increased at an annualized rate of 88.2%,  from $1.2k in 2017 to $28.4k in 2022.

In 2022, Montserrat did not export any services to Spain.

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81),  and 20 in total exports ($394B). 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 2022, Spain exported $17.1k to Montserrat. The main products exported from Spain to Montserrat were Unglazed Ceramics ($12.1k), Bicycles, delivery tricycles, other cycles ($3.35k), and Plastic Pipes ($1.06k). During the last 5 years the exports of Spain to Montserrat have decreased at an annualized rate of 34.2%, from $138k in 2017 to $17.1k in 2022.

In 2017, Montserrat exported $28.4k to Spain. The main products exported from Montserrat to Spain were Integrated Circuits ($25.8k), Electrical Power Accessories ($1.27k), and Trunks and Cases ($324). During the last 5 years the exports of Montserrat to Spain have increased at an annualized rate of 88.2%, from $1.2k in 2022 to $28.4k in 2017.

Exports from Spain (Flag) to Montserrat (Flag) (2022)

Exports from Montserrat (Flag) to Spain (Flag) (2022)

Market Competitiveness

Color
Spain
Top Destination
France$65.2B
Montserrat
Top Destination
United States$1.54M

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

In 2022, countries that imported more from Spain than Montserrat included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, no countries were registered that imported more from Montserrat than from Spain.

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

Comparative Advantage Spain - Montserrat

Flow
Scale

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

During 2022, Spain had a large net trade with Montserrat in the exports of Stone And Glass ($12.1k), Transportation ($3.35k), and Plastics and Rubbers ($1.06k).

During 2017, Montserrat had a large net trade with Spain in the exports of Machines ($27.6k), Animal Hides ($324), and Transportation ($317).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Spain and Montserrat. This means that a dot/product with the flag of Spain indicates it has a comparative advantage over Montserrat. Similarly, a dot/product with the flag of Montserrat indicates it has a comparative advantage over Spain.

Product Space of Spain (Flag) and Montserrat (Flag) (2022)

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