2023
Flag
 GDP
$252BCURRENT US$
Rnk 51 / 195
2013-2023
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GDP GROWTH
32.1%CURRENT US$
Rnk 110 / 195
2023
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GDP PC
$48,281CURRENT US$
Rnk 28 / 196
2013-2023
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GDP PC GROWTH
12.3%CURRENT US$
Rnk 127 / 195

About

Montserrat-New Zealand Trade: In 2023, Montserrat exported $5.02k to New Zealand. The main products that Montserrat exported to New Zealand were Broadcasting Equipment ($3.02k), Electrical Lighting and Signalling Equipment ($1.45k), and Knit Socks and Hosiery ($259). Over the past 5 years the exports of Montserrat to New Zealand have increased at an annualized rate of 20.1%, from $2.01k in 2018 to $5.02k in 2023.

In 2023, Montserrat did not export any services to New Zealand.

New Zealand-Montserrat Trade: In 2023, New Zealand exported $1.33k to Montserrat. The main products that New Zealand exported to Montserrat were N/A. Over the past 5 years the exports of New Zealand to Montserrat have decreased at an annualized rate of 33.5%,  from $10.2k in 2018 to $1.33k in 2023.

In 2023, New Zealand 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, New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48), and 61 in total exports ($44.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montserrat exported $5.02k to New Zealand. The main products exported from Montserrat to New Zealand were Broadcasting Equipment ($3.02k), Electrical Lighting and Signalling Equipment ($1.45k), and Knit Socks and Hosiery ($259). During the last 5 years the exports of Montserrat to New Zealand have increased at an annualized rate of 20.1%, from $2.01k in 2018 to $5.02k in 2023.

In 2012, New Zealand exported $1.33k to Montserrat. There were not main exports from New Zealand to Montserrat in 2012. During the last 5 years the exports of New Zealand to Montserrat have decreased at an annualized rate of 33.5%, from $10.2k in 2017 to $1.33k in 2012.

Exports from Montserrat (Flag) to New Zealand (Flag) (2023)

Exports from New Zealand (Flag) to Montserrat (Flag) (2023)

Market Competitiveness

Color
Montserrat
Top Destination
United States$1.49M
New Zealand
Top Destination
China$12.3B

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

In 2023, no countries were registered that imported more from Montserrat than from New Zealand.

In 2023, countries that imported more from New Zealand than Montserrat included China ($12.3B), United States ($5.42B), and Australia ($5.2B).

Difference in imports from New Zealand (Flag) and Montserrat (Flag) (2023)

Comparative Advantage Montserrat - New Zealand

Flow
Scale

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

During 2023, Montserrat had a large net trade with New Zealand in the exports of Machines ($4.54k), Textiles ($259), and Instruments ($183).

During 2012, New Zealand 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 New Zealand. This means that a dot/product with the flag of Montserrat indicates it has a comparative advantage over New Zealand. Similarly, a dot/product with the flag of New Zealand indicates it has a comparative advantage over Montserrat.

Product Space of Montserrat (Flag) and New Zealand (Flag) (2023)

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