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2023
Flag → Flag
Exports $556kRnk 6 / 65
2023
Flag → Flag
Top Product $328kPharmaceutical Rubber Products
2023
Flag → Flag
Exports $2.43MRnk 195 / 223
2023
Flag → Flag
Top Product $174kSpecial purpose motor vehicles
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag
 GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC$49,464CURRENT US$
Rnk 26 / 196
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195

About

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 2018 to $556k in 2023.

In 2018, 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 2023 to $2.43M in 2018.

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

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

Market Competitiveness

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

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

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

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

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

Comparative Advantage Montserrat - United Kingdom

Flow
Scale

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

During 2023, Montserrat had a large net trade with United Kingdom in the exports of Plastics and Rubbers ($345k), Machines ($100k), and Chemical Products ($84.5k).

During 2018, United Kingdom had a large net trade with Montserrat in the exports of Transportation ($607k), Machines ($597k), and Foodstuffs ($304k).

Economic Complexity

Competitive Landscape

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

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

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