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

Montserrat-Costa Rica In 2022, Montserrat exported $57 to Costa Rica. The main products that Montserrat exported to Costa Rica are Other Rubber Products ($57). During the last 26 years the exports of Montserrat to Costa Rica have decreased at an annualized rate of 15.7%, from $4.85k in 1996 to $57 in 2022.

In 2022, Montserrat did not export any services to Costa Rica.

Costa Rica-Montserrat In 2022, Costa Rica exported $609 to Montserrat. The main products that Costa Rica exported to Montserrat were N/A. During the last 26 years the exports of Costa Rica to Montserrat have decreased at an annualized rate of 11.7%, from $15.6k in 1996 to $609 in 2022.

In 2022, Costa Rica did not export any services to Montserrat.

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

Historical Data

Bilateral Trade by Products

Depth
Value

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 15.7%, from $4.85k in 1996 to $57 in 2022.

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 11.7%, from $15.6k in 1995 to $609 in 2020.

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

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

Market Competitiveness

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

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

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

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

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

Comparative Advantage Montserrat - Costa Rica

Flow
Scale

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

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

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

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

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

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