2023
Flag  
GDP
$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH
16%CURRENT US$
Rnk 150 / 195
2023
Flag
GDP PC 
$53,431CURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP PC GROWTH
1.51%CURRENT US$
Rnk 152 / 195

About

Canada-Montserrat Trade: In 2023, Canada exported $261k to Montserrat. The main products that Canada exported to Montserrat were Dried/Salted/Smoked/Brined Fish ($31.2k), Dictation Machines ($29.1k), and Sound Recording Equipment ($25k). Over the past 5 years the exports of Canada to Montserrat have decreased at an annualized rate of 3.6%, from $313k in 2018 to $261k in 2023.

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

Montserrat-Canada Trade: In 2023, Montserrat exported $119k to Canada. The main products that Montserrat exported to Canada were Thermostats ($13.6k), Petroleum Gas ($12.3k), and Liquid Pumps ($11k). Over the past 5 years the exports of Montserrat to Canada have decreased at an annualized rate of 6.07%,  from $163k in 2018 to $119k in 2023.

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

Comparison In 2023,  Canada ranked 30 in the Economic Complexity Index (ECI 0.9),  and 10 in total exports ($574B). 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, Canada exported $261k to Montserrat. The main products exported from Canada to Montserrat were Dried/Salted/Smoked/Brined Fish ($31.2k), Dictation Machines ($29.1k), and Sound Recording Equipment ($25k). During the last 5 years the exports of Canada to Montserrat have decreased at an annualized rate of 3.6%, from $313k in 2018 to $261k in 2023.

In 2018, Montserrat exported $119k to Canada. The main products exported from Montserrat to Canada were Thermostats ($13.6k), Petroleum Gas ($12.3k), and Liquid Pumps ($11k). During the last 5 years the exports of Montserrat to Canada have decreased at an annualized rate of 6.07%, from $163k in 2023 to $119k in 2018.

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

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

Market Competitiveness

Color
Canada
Top Destination
United States$410B
Montserrat
Top Destination
United States$1.49M

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

In 2023, countries that imported more from Canada than Montserrat included United States ($410B), China ($31.1B), and United Kingdom ($18B).

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

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

Comparative Advantage Canada - Montserrat

Flow
Scale

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

During 2023, Canada had a large net trade with Montserrat in the exports of Machines ($100k), Animal Products ($38.7k), and Transportation ($31.6k).

During 2018, Montserrat had a large net trade with Canada in the exports of Machines ($47.5k), Instruments ($26.1k), and Mineral Products ($12.3k).

Economic Complexity

Competitive Landscape

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

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

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