2023
Flag  
GDP
$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH
63%CURRENT US$
Rnk 47 / 195
2023
Flag
GDP PC 
$84,734CURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP PC GROWTH
48.7%CURRENT US$
Rnk 50 / 195

About

Singapore-Montserrat Trade: In 2023, Singapore exported $184k to Montserrat. The main products that Singapore exported to Montserrat were Office Machine Parts ($175k), Excavation Machinery ($7.64k), and Revolution Counters ($1.31k). Over the past 6 years the exports of Singapore to Montserrat have increased at an annualized rate of 101%, from $2.8k in 2017 to $184k in 2023.

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

Montserrat-Singapore Trade: In 2023, Montserrat exported $24.1k to Singapore. The main products that Montserrat exported to Singapore were Glass Fibers ($12.5k), Electrical Control Boards ($5.97k), and Other Plastic Products ($1.91k). Over the past 6 years the exports of Montserrat to Singapore have decreased at an annualized rate of 42.3%,  from $375k in 2017 to $24.1k in 2023.

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

Comparison In 2023,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.62),  and 24 in total exports ($333B). That same year, Montserrat ranked 218 in total exports ($6.05M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Singapore exported $184k to Montserrat. The main products exported from Singapore to Montserrat were Office Machine Parts ($175k), Excavation Machinery ($7.64k), and Revolution Counters ($1.31k). During the last 6 years the exports of Singapore to Montserrat have increased at an annualized rate of 101%, from $2.8k in 2017 to $184k in 2023.

In 2018, Montserrat exported $24.1k to Singapore. The main products exported from Montserrat to Singapore were Glass Fibers ($12.5k), Electrical Control Boards ($5.97k), and Other Plastic Products ($1.91k). During the last 5 years the exports of Montserrat to Singapore have decreased at an annualized rate of 42.3%, from $375k in 2023 to $24.1k in 2018.

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

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

Latest Data

Trade between Singapore (Flag) and Montserrat (Flag)

Singapore Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$44.5B
Montserrat
Top Destination
United States$1.49M

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

In 2023, countries that imported more from Singapore than Montserrat included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

In 2023, countries that imported more from Montserrat than Singapore included Antigua and Barbuda ($796k).

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

Comparative Advantage Singapore - Montserrat

Flow
Scale

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

During 2023, Singapore had a large net trade with Montserrat in the exports of Machines ($183k), Instruments ($1.31k), and Transportation ($74).

During 2018, Montserrat had a large net trade with Singapore in the exports of Stone And Glass ($12.5k), Machines ($7.3k), and Plastics and Rubbers ($3.03k).

Economic Complexity

Competitive Landscape

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

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

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