2023
Flag  
GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC 
$49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195

About

United Kingdom-Montserrat Trade: In 2023, United Kingdom exported $2.43M to Montserrat. The main products that United Kingdom exported to Montserrat were Special purpose motor vehicles ($174k), Cars ($169k), and Stone Processing Machines ($120k). Over the past 5 years the exports of United Kingdom to Montserrat have decreased at an annualized rate of 9.11%, from $3.92M in 2018 to $2.43M in 2023.

In 2023, United Kingdom did not export any services to Montserrat.

Montserrat-United Kingdom Trade: In 2023, Montserrat exported $556k to United Kingdom. The main products that Montserrat exported to United Kingdom were Pharmaceutical Rubber Products ($328k), Vaccines, blood, antisera, toxins and cultures ($84.5k), and Insulated Wire ($76.6k). Over the past 5 years the exports of Montserrat to United Kingdom have decreased at an annualized rate of 3.83%,  from $675k in 2018 to $556k in 2023.

In 2023, Montserrat did not export any services to United Kingdom.

Comparison In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5),  and 14 in total exports ($429B). That same year, Montserrat ranked 218 in total exports ($6.05M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $2.43M to Montserrat. The main products exported from United Kingdom to Montserrat were Special purpose motor vehicles ($174k), Cars ($169k), and Stone Processing Machines ($120k). During the last 5 years the exports of United Kingdom to Montserrat have decreased at an annualized rate of 9.11%, from $3.92M in 2018 to $2.43M in 2023.

In 2018, Montserrat exported $556k to United Kingdom. The main products exported from Montserrat to United Kingdom were Pharmaceutical Rubber Products ($328k), Vaccines, blood, antisera, toxins and cultures ($84.5k), and Insulated Wire ($76.6k). During the last 5 years the exports of Montserrat to United Kingdom have decreased at an annualized rate of 3.83%, from $675k in 2023 to $556k in 2018.

Exports from United Kingdom (Flag) to Montserrat (Flag) (2023)

Exports from Montserrat (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$59.7B
Montserrat
Top Destination
United States$1.49M

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

In 2023, countries that imported more from United Kingdom than Montserrat included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

In 2023, no countries were registered that imported more from Montserrat than from United Kingdom.

Difference in imports from Montserrat (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Montserrat

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Montserrat in the exports of Transportation ($607k), Machines ($597k), and Foodstuffs ($304k).

During 2018, Montserrat had a large net trade with United Kingdom in the exports of Plastics and Rubbers ($345k), Machines ($100k), and Chemical Products ($84.5k).

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Montserrat (Flag) (2023)

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