2022
Flag
 GDP
$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
GDP PC
$2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH
-19.9%CURRENT US$
Rnk 173 / 186

About

Montserrat-Nigeria Trade: In 2018, Montserrat exported $24.4k to Nigeria. The main products that Montserrat exported to Nigeria were N/A. Over the past 5 years the exports of Montserrat to Nigeria have increased at an annualized rate of 87.7%, from $1.05k in 2013 to $24.4k in 2018.

In 2018, Montserrat did not export any services to Nigeria.

Nigeria-Montserrat Trade: In 2018, Nigeria exported $68 to Montserrat. The main products that Nigeria exported to Montserrat were N/A. Over the past 5 years the exports of Nigeria to Montserrat have decreased at an annualized rate of 45.1%,  from $1.36k in 2013 to $68 in 2018.

In 2018, Nigeria 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, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2018, Montserrat exported $24.4k to Nigeria. There were not main exports from Montserrat to Nigeria in 2018. During the last 5 years the exports of Montserrat to Nigeria have increased at an annualized rate of 87.7%, from $1.05k in 2013 to $24.4k in 2018.

In 2015, Nigeria exported $68 to Montserrat. There were not main exports from Nigeria to Montserrat in 2015. During the last 5 years the exports of Nigeria to Montserrat have decreased at an annualized rate of 45.1%, from $1.36k in 2020 to $68 in 2015.

Exports from Montserrat (Flag) to Nigeria (Flag) (2020)

Exports from Nigeria (Flag) to Montserrat (Flag) (2020)

Market Competitiveness

Color
Montserrat
Top Destination
United States$1.54M
Nigeria
Top Destination
Spain$9.41B

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

In 2022, countries that imported more from Montserrat than Nigeria included Antigua and Barbuda ($1.23M), Maldives ($28.8k), and Belize ($1.65k).

In 2022, countries that imported more from Nigeria than Montserrat included Spain ($9.41B), India ($8.2B), and France ($4.95B).

Difference in imports from Nigeria (Flag) and Montserrat (Flag) (2022)

Comparative Advantage Montserrat - Nigeria

Flow
Scale

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

During 2018, Montserrat had a large net trade with Nigeria in the exports of .

During 2015, Nigeria had a large net trade with Montserrat in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Montserrat (Flag) and Nigeria (Flag) (2020)

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