2023
Flag
 GDP
$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH
312%CURRENT US$
Rnk 1 / 195
2023
Flag
GDP PC
$20,765CURRENT US$
Rnk 63 / 196
2013-2023
Flag
GDP PC GROWTH
274%CURRENT US$
Rnk 1 / 195

About

Montserrat-Guyana Trade: In 2023, Montserrat exported $768k to Guyana. The main products that Montserrat exported to Guyana were Gravel and Crushed Stone ($768k) and Time Switches ($68). Over the past 16 years the exports of Montserrat to Guyana have increased at an annualized rate of 35.9%, from $5.64k in 2007 to $768k in 2023.

In 2023, Montserrat did not export any services to Guyana.

Guyana-Montserrat Trade: In 2023, Guyana exported $128k to Montserrat. The main products that Guyana exported to Montserrat were Hard Liquor ($24k), Packaged Medicaments ($19.4k), and Pasta ($16k). Over the past 16 years the exports of Guyana to Montserrat have increased at an annualized rate of 17.7%,  from $56.8k in 2007 to $128k in 2023.

In 2023, Guyana did not export any services to Montserrat.

Comparison In 2023,  Montserrat ranked 218 in total exports ($6.05M). That same year, Guyana ranked 84 in total exports ($17.4B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montserrat exported $768k to Guyana. The main products exported from Montserrat to Guyana were Gravel and Crushed Stone ($768k) and Time Switches ($68). During the last 16 years the exports of Montserrat to Guyana have increased at an annualized rate of 35.9%, from $5.64k in 2007 to $768k in 2023.

In 2018, Guyana exported $128k to Montserrat. The main products exported from Guyana to Montserrat were Hard Liquor ($24k), Packaged Medicaments ($19.4k), and Pasta ($16k). During the last 5 years the exports of Guyana to Montserrat have increased at an annualized rate of 17.7%, from $56.8k in 2023 to $128k in 2018.

Exports from Montserrat (Flag) to Guyana (Flag) (2023)

Exports from Guyana (Flag) to Montserrat (Flag) (2023)

Latest Data

Trade between Montserrat (Flag) and Guyana (Flag)

Guyana Exports

Market Competitiveness

Color
Montserrat
Top Destination
United States$1.49M
Guyana
Top Destination
United States$3.51B

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

In 2023, countries that imported more from Montserrat than Guyana included Egypt ($701k), South Africa ($35.2k), and Philippines ($17.7k).

In 2023, countries that imported more from Guyana than Montserrat included United States ($3.51B), Trinidad and Tobago ($1.9B), and Netherlands ($1.82B).

Difference in imports from Guyana (Flag) and Montserrat (Flag) (2023)

Comparative Advantage Montserrat - Guyana

Flow
Scale

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

During 2023, Montserrat had a large net trade with Guyana in the exports of Mineral Products ($768k) and Instruments ($68).

During 2018, Guyana had a large net trade with Montserrat in the exports of Foodstuffs ($72.7k), Chemical Products ($27k), and Vegetable Products ($14.2k).

Economic Complexity

Competitive Landscape

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

Product Space of Montserrat (Flag) and Guyana (Flag) (2023)

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