2023
Flag
 GDP
$86.5BCURRENT US$
Rnk 71 / 195
2013-2023
Flag
GDP GROWTH
69.8%CURRENT US$
Rnk 40 / 195
2023
Flag
GDP PC
$16,942CURRENT US$
Rnk 69 / 196
2013-2023
Flag
GDP PC GROWTH
56.8%CURRENT US$
Rnk 34 / 195

About

Montserrat-Costa Rica Trade: In 2023, Montserrat exported $5.95k to Costa Rica. The main products that Montserrat exported to Costa Rica were Cars ($4.87k), Motor vehicles; parts and accessories (8701 to 8705) ($374), and Other Plastic Products ($325). Over the past 8 years the exports of Montserrat to Costa Rica have increased at an annualized rate of 39.7%, from $410 in 2015 to $5.95k in 2023.

In 2023, Montserrat did not export any services to Costa Rica.

Costa Rica-Montserrat In N/A, Costa Rica did not export any products to Montserrat.

In 2023, Costa Rica did not export any services to Montserrat.

Comparison In 2023,  Montserrat ranked 218 in total exports ($6.05M), and does not have data regarding Economic Complexity Index. That same year, Costa Rica ranked 48 in the Economic Complexity Index (ECI 0.34), and 73 in total exports ($23.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montserrat exported $5.95k to Costa Rica. The main products exported from Montserrat to Costa Rica were Cars ($4.87k), Motor vehicles; parts and accessories (8701 to 8705) ($374), and Other Plastic Products ($325). During the last 8 years the exports of Montserrat to Costa Rica have increased at an annualized rate of 39.7%, from $410 in 2015 to $5.95k in 2023.

Costa Rica does not register exports to Montserrat.

Exports from Montserrat (Flag) to Costa Rica (Flag) (2023)

Exports from Costa Rica (Flag) to Montserrat (Flag) (2023)

Market Competitiveness

Color
Montserrat
Top Destination
United States$1.49M
Costa Rica
Top Destination
United States$9.5B

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 2023, countries that imported more from Montserrat than Costa Rica included Malawi ($16.7k).

In 2023, countries that imported more from Costa Rica than Montserrat included United States ($9.5B), Netherlands ($1.52B), and China ($1.17B).

Difference in imports from Costa Rica (Flag) and Montserrat (Flag) (2023)

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 2023, Montserrat had a large net trade with Costa Rica in the exports of Transportation ($5.24k), Plastics and Rubbers ($415), and Machines ($226).

Economic Complexity

Competitive Landscape

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

Product Space of Montserrat (Flag) and Costa Rica (Flag) (2023)

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