Flag South Korea / Montserrat Flag

Exports FlagFlag  (2018): $56.4k, Rnk 205 / 210

Top Product FlagFlag (2018): $37.2k, Blood, antisera, vaccines, toxins and cultures

Exports FlagFlag (2018): $223k, Rnk 10 / 35

Top Product FlagFlag (2018): $89.4k, Vehicle Parts

Economic Complexity of Flag (2018): ECI 1.85, Rnk 5 / 137

South Korea-Montserrat: In 2018, South Korea exported $56.4k to Montserrat. The main products exported from South Korea to Montserrat were Blood, antisera, vaccines, toxins and cultures ($37.2k), Cars ($10.6k), and Tool Plates ($4.44k). During the last 20 years the exports of South Korea to Montserrat have increased at an annualized rate of 13%, from $4.89k in 1998 to $56.4k in 2018.

Montserrat-South Korea: In 2018, Montserrat exported $223k to South Korea. The main products exported from Montserrat to South Korea were Vehicle Parts ($89.4k), Telephones ($77.2k), and Medical Instruments ($41.5k). During the last 21 years the exports of Montserrat to South Korea have increased at an annualized rate of 20.4%, from $5.44k in 1997 to $223k in 2018.

Comparison: In 2018, South Korea ranked 5 in the Economic Complexity Index (ECI 1.85), and 5 in total exports ($617B). That same year, Montserrat ranked 216 in total exports ($5.72M), and does not have data regarding Economic Complexity Index. N/A

Bilateral Trade by Products

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Depth
Value

In 2018, South Korea exported $56.4k to Montserrat. The main products exported from South Korea to Montserrat were Blood, antisera, vaccines, toxins and cultures ($37.2k), Cars ($10.6k), and Tool Plates ($4.44k). During the last 20 years the exports of South Korea to Montserrat have increased at an annualized rate of 13%, from $4.89k in 1998 to $56.4k in 2018.

In 2018, Montserrat exported $223k to South Korea. The main products exported from Montserrat to South Korea were Vehicle Parts ($89.4k), Telephones ($77.2k), and Medical Instruments ($41.5k). During the last 21 years the exports of Montserrat to South Korea have increased at an annualized rate of 20.4%, from $5.44k in 1997 to $223k in 2018.

Market Competitiveness

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Measure

South Korea
Top Destination
: China, $160B

Montserrat
Top Destination
: United States, $781k

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

In 2018, countries that imported more from South Korea than Montserrat were China ($160B), United States ($73.1B), and Vietnam ($48.6B).

In 2018, no countries were registered that imported more from Montserrat than from South Korea.

Comparative Advantage South Korea - Montserrat

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Depth

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

During 2018, South Korea had a large net trade with Montserrat in the exports of Chemical Products ($37.2k), Transportation ($10.6k), and Metals ($8.66k).

During 2018, Montserrat had a large net trade with South Korea in the exports of Transportation ($89.4k), Machines ($85.9k), and Instruments ($41.5k).

Trade Forecasts

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This section shows a forecast for total trade between South Korea and Montserrat. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

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 red.  This mean that the more blue a dot/product is, the more South Korea has comparative advantage over Montserrat. Similarly, the more red a dot/product is, the more Montserrat has comparative advantage over South Korea.