2023
Flag  
GDP
$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH
18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
GDP PC 
$33,509CURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP PC GROWTH
14.7%CURRENT US$
Rnk 119 / 195

About

Spain-Montserrat Trade: In 2023, Spain exported $20.3k to Montserrat. The main products that Spain exported to Montserrat were Prepared Pigments ($20.1k), Garments of Impregnated Fabric ($151), and Non-Knit Men's Coats ($130). Over the past 5 years the exports of Spain to Montserrat have increased at an annualized rate of 89.2%, from $840 in 2018 to $20.3k in 2023.

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

Montserrat-Spain In N/A, Montserrat did not export any products to Spain.

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

Comparison In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86),  and 16 in total exports ($402B). 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, Spain exported $20.3k to Montserrat. The main products exported from Spain to Montserrat were Prepared Pigments ($20.1k), Garments of Impregnated Fabric ($151), and Non-Knit Men's Coats ($130). During the last 5 years the exports of Spain to Montserrat have increased at an annualized rate of 89.2%, from $840 in 2018 to $20.3k in 2023.

Montserrat does not register exports to Spain. The main products exported from Montserrat to Spain were Valves ($262) and Insulated Wire ($128).

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

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

Market Competitiveness

Color
Spain
Top Destination
France$61.9B
Montserrat
Top Destination
United States$1.49M

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

In 2023, countries that imported more from Spain than Montserrat included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

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

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

Comparative Advantage Spain - Montserrat

Flow
Scale

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

During 2023, Spain had a large net trade with Montserrat in the exports of Chemical Products ($20.1k) and Textiles ($281).

Economic Complexity

Competitive Landscape

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

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

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