2022
Flag
 GDP
$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
GDP PC
$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
Rnk 37 / 186

About

Montserrat-Singapore Trade: In 2022, Montserrat exported $5.57k to Singapore. The main products that Montserrat exported to Singapore were Oscilloscopes ($2.02k), Office Machine Parts ($1.18k), and Medical Instruments ($914). Over the past 5 years the exports of Montserrat to Singapore have decreased at an annualized rate of 6.62%, from $7.84k in 2017 to $5.57k in 2022.

In 2022, Montserrat did not export any services to Singapore.

Singapore-Montserrat Trade: In 2022, Singapore exported $1.7M to Montserrat. The main products that Singapore exported to Montserrat were Office Machine Parts ($1.68M), Photocopiers ($10k), and Semiconductor Devices ($5.48k). Over the past 5 years the exports of Singapore to Montserrat have increased at an annualized rate of 104%,  from $2.8k in 2017 to $1.7M in 2022.

In 2022, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montserrat exported $5.57k to Singapore. The main products exported from Montserrat to Singapore were Oscilloscopes ($2.02k), Office Machine Parts ($1.18k), and Medical Instruments ($914). During the last 5 years the exports of Montserrat to Singapore have decreased at an annualized rate of 6.62%, from $7.84k in 2017 to $5.57k in 2022.

In 2017, Singapore exported $1.7M to Montserrat. The main products exported from Singapore to Montserrat were Office Machine Parts ($1.68M), Photocopiers ($10k), and Semiconductor Devices ($5.48k). During the last 5 years the exports of Singapore to Montserrat have increased at an annualized rate of 104%, from $2.8k in 2022 to $1.7M in 2017.

Exports from Montserrat (Flag) to Singapore (Flag) (2022)

Exports from Singapore (Flag) to Montserrat (Flag) (2022)

Latest Data

Trade between Montserrat (Flag) and Singapore (Flag)

Singapore Exports

Market Competitiveness

Color
Montserrat
Top Destination
United States$1.54M
Singapore
Top Destination
Hong Kong$51.6B

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

In 2022, countries that imported more from Montserrat than Singapore included Antigua and Barbuda ($1.23M).

In 2022, countries that imported more from Singapore than Montserrat included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

Comparative Advantage Montserrat - Singapore

Flow
Scale

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

During 2022, Montserrat had a large net trade with Singapore in the exports of Instruments ($2.97k), Machines ($2.09k), and Plastics and Rubbers ($509).

During 2017, Singapore had a large net trade with Montserrat in the exports of Machines ($1.69M) and Instruments ($10k).

Economic Complexity

Competitive Landscape

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

Product Space of Montserrat (Flag) and Singapore (Flag) (2022)

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