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2023
Flag → Flag
Exports $2.22MRnk 182 / 220
2023
Flag → Flag
Top Product $807kElectric Generating Sets
2023
Flag → Flag
Exports $219Rnk 56 / 65
2023
Flag → Flag
Top Product $168Other Plastic Products
2023
Flag
Economic Complexity (ECI) ECI 1.23Rnk 20 / 132
2023
Flag  
GDP$645BCURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP GROWTH23%CURRENT US$
Rnk 132 / 195
2023
Flag
GDP PC $54,701CURRENT US$
Rnk 20 / 195
2013-2023
Flag
GDP PC GROWTH16.5%CURRENT US$
Rnk 113 / 195

About

Belgium-Montserrat Trade: In 2023, Belgium exported $2.22M to Montserrat. The main products that Belgium exported to Montserrat were Electric Generating Sets ($807k), Combustion Engines ($589k), and Iron Structures ($113k). Over the past 5 years the exports of Belgium to Montserrat have increased at an annualized rate of 106%, from $59.9k in 2018 to $2.22M in 2023.

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

Montserrat-Belgium Trade: In 2023, Montserrat exported $219 to Belgium. The main products that Montserrat exported to Belgium were Other Plastic Products ($168) and Electrical Control Boards ($51). Over the past 5 years the exports of Montserrat to Belgium have decreased at an annualized rate of 62.9%,  from $84.3k in 2018 to $219 in 2023.

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

Comparison In 2023,  Belgium ranked 20 in the Economic Complexity Index (ECI 1.23),  and 13 in total exports ($437B). That same year, Montserrat ranked 218 in total exports ($6.05M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

About

Overview In N/A, Belgium exported €N/A and imported €N/A from Montserrat, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Belgium have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Belgium to Montserrat were Machinery, mechanical appliances, & parts (€99.1k). In N/A the top imports of Belgium from Montserrat were Electrical machinery and electronics (€219) and Chemical products n.e.s. (€155).

Growth In N/A, the N/A in Belgium's year-by-year exports to Montserrat was explained primarily by an decrease in product exports in . In N/A, the N/A in Belgium's year-by-year imports  from Montserrat was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth

This section shows exports and imports data at subnational level for Belgium. Click any date in the line plot or any product to explore the exports or imports behavior of Belgium over time.

To check Montserrat and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Montserrat and Belgium Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belgium exported $2.22M to Montserrat. The main products exported from Belgium to Montserrat were Electric Generating Sets ($807k), Combustion Engines ($589k), and Iron Structures ($113k). During the last 5 years the exports of Belgium to Montserrat have increased at an annualized rate of 106%, from $59.9k in 2018 to $2.22M in 2023.

In 2018, Montserrat exported $219 to Belgium. The main products exported from Montserrat to Belgium were Other Plastic Products ($168) and Electrical Control Boards ($51). During the last 5 years the exports of Montserrat to Belgium have decreased at an annualized rate of 62.9%, from $84.3k in 2023 to $219 in 2018.

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

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

Market Competitiveness

Color
Belgium
Top DestinationFrance$85.6B
Montserrat
Top DestinationUnited States$1.49M

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

In 2023, countries that imported more from Belgium than Montserrat included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

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

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

Comparative Advantage Belgium - Montserrat

Flow
Scale

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

During 2023, Belgium had a large net trade with Montserrat in the exports of Machines ($1.81M), Metals ($295k), and Transportation ($46.8k).

During 2018, Montserrat had a large net trade with Belgium in the exports of Plastics and Rubbers ($168) and Machines ($51).

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

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