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Pricing

2022
Flag → Flag
Exports $1.5MRnk 197 / 220
2022
Flag → Flag
Top Product $1.36MMachinery Having Individual Functions
2022
Flag → Flag
Exports $69.6kRnk 10 / 65
2022
Flag → Flag
Top Product $37.6kChemical Analysis Instruments
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 4 / 133
2022
Flag  
GDP$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP GROWTH30.3%CURRENT US$
Rnk 100 / 186
2022
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GDP PC $32,255CURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP PC GROWTH26.7%CURRENT US$
Rnk 70 / 186

About

South Korea-Montserrat Trade: In 2022, South Korea exported $1.5M to Montserrat. The main products that South Korea exported to Montserrat were Machinery Having Individual Functions ($1.36M), Liquid Pumps ($132k), and Other Plastic Products ($3.3k). Over the past 5 years the exports of South Korea to Montserrat have increased at an annualized rate of 81.1%, from $77k in 2017 to $1.5M in 2022.

In 2022, South Korea did not export any services to Montserrat.

Montserrat-South Korea Trade: In 2022, Montserrat exported $69.6k to South Korea. The main products that Montserrat exported to South Korea were Chemical Analysis Instruments ($37.6k), Low-voltage Protection Equipment ($9.14k), and Valves ($8.98k). Over the past 5 years the exports of Montserrat to South Korea have increased at an annualized rate of 37.7%,  from $14.1k in 2017 to $69.6k in 2022.

In 2022, Montserrat did not export any services to South Korea.

Comparison In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.78),  and 5 in total exports ($705B). That same year, Montserrat ranked 220 in total exports ($6.58M), and does not have data regarding Economic Complexity Index.

Latest Trends

September, 2024

About

Overview In September 2024, South Korea exported $0 and imported $57k from Montserrat, resulting in a negative trade balance of $57k. Between September 2023 and September 2024 the exports of South Korea have decreased by $-3k (-100%) from $3k to $0, while imports increased by $56k (5.6k%) from $1k to $57k.

Trade In September 2024, the top exports of South Korea to Montserrat were Machinery, mechanical appliances, & parts ($0). In September 2024 the top imports of South Korea from Montserrat were Machinery, mechanical appliances, & parts ($0).

Growth In September 2024, the decrease in South Korea's year-by-year exports to Montserrat was explained primarily by an decrease in product exports in Machinery, mechanical appliances, & parts ($-3k or -100%). In September 2024, the increase in South Korea's year-by-year imports  from Montserrat was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)$-3k(-100%)
IMPORT GROWTH (September 2023 - September 2024)$56k(5.6k%)

This section shows exports and imports data at subnational level for South Korea. Click any date in the line plot or any product to explore the exports or imports behavior of South Korea over time.

To check Montserrat and South Korea trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Montserrat and South Korea Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $1.5M to Montserrat. The main products exported from South Korea to Montserrat were Machinery Having Individual Functions ($1.36M), Liquid Pumps ($132k), and Other Plastic Products ($3.3k). During the last 5 years the exports of South Korea to Montserrat have increased at an annualized rate of 81.1%, from $77k in 2017 to $1.5M in 2022.

In 2017, Montserrat exported $69.6k to South Korea. The main products exported from Montserrat to South Korea were Chemical Analysis Instruments ($37.6k), Low-voltage Protection Equipment ($9.14k), and Valves ($8.98k). During the last 5 years the exports of Montserrat to South Korea have increased at an annualized rate of 37.7%, from $14.1k in 2022 to $69.6k in 2017.

Exports from South Korea (Flag) to Montserrat (Flag) (2022)

Exports from Montserrat (Flag) to South Korea (Flag) (2022)

Market Competitiveness

Color
South Korea
Top DestinationChina$150B
Montserrat
Top DestinationUnited States$1.54M

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 2022, countries that imported more from South Korea than Montserrat included China ($150B), United States ($112B), and Vietnam ($60.7B).

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

Difference in imports from Montserrat (Flag) and South Korea (Flag) (2022)

Comparative Advantage South Korea - Montserrat

Flow
Scale

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

During 2022, South Korea had a large net trade with Montserrat in the exports of Machines ($1.5M), Plastics and Rubbers ($3.3k), and Transportation ($700).

During 2017, Montserrat had a large net trade with South Korea in the exports of Instruments ($37.6k), Machines ($20.7k), and Metals ($8.08k).

Economic Complexity

Competitive Landscape

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

Product Space of South Korea (Flag) and Montserrat (Flag) (2022)

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