Nicaragua (NIC) and Montserrat (MSR) Trade | The Observatory of Economic Complexity

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In N/A, Nicaragua did not export any services to Montserrat.

Montserrat-Nicaragua Trade: In N/A, Montserrat exported $1.64k to Nicaragua. The main products that Montserrat exported to Nicaragua were Refrigerators ($1.34k), Valves ($251), and Iron Fasteners ($48). Over the past N/A years the exports of Montserrat to Nicaragua have decreased at an annualized rate of 64.5%, from $291k in N/A to $1.64k in N/A.

In N/A, Montserrat did not export any services to Nicaragua.

Comparison In 2022, Nicaragua ranked 110 in the Economic Complexity Index (ECI -0.97), and 111 in total exports ($7.92B). That same year, Montserrat ranked 220 in total exports ($6.58M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Nicaragua does not register exports to Montserrat.

In 2017, Montserrat exported $1.64k to Nicaragua. The main products exported from Montserrat to Nicaragua were Refrigerators ($1.34k), Valves ($251), and Iron Fasteners ($48). During the last 5 years the exports of Montserrat to Nicaragua have decreased at an annualized rate of 64.5%, from $291k in 2022 to $1.64k in 2017.

Exports from Nicaragua () to Montserrat () (2022)

Exports from Montserrat () to Nicaragua () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nicaragua
Top DestinationUnited States$4.09B

Montserrat
Top DestinationUnited States$1.54M

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

In 2022, countries that imported more from Nicaragua than Montserrat included United States ($4.09B), Mexico ($943M), and Honduras ($541M).

In 2022, countries that imported more from Montserrat than Nicaragua included Antigua and Barbuda ($1.23M), Maldives ($28.8k), and Benin ($7.37k).

Difference in imports from Montserrat () and Nicaragua () (2022)

Comparative Advantage Nicaragua - Montserrat

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2017, Montserrat had a large net trade with Nicaragua in the exports of Machines ($1.59k) and Metals ($48).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Nicaragua () to Montserrat () (2022)

Exports from Montserrat () to Nicaragua () (2022)

Market Competitiveness

Difference in imports from Montserrat () and Nicaragua () (2022)

Comparative Advantage Nicaragua - Montserrat

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Nicaragua () and Montserrat () (2022)

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