2022
Flag  
GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC 
$72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH
58.5%CURRENT US$
Rnk 29 / 186

About

Iceland-Montserrat Trade: In 2022, Iceland exported $65.6k to Montserrat. The main products that Iceland exported to Montserrat were Refined Petroleum ($65.6k). Over the past 6 years the exports of Iceland to Montserrat have decreased at an annualized rate of 31.9%, from $659k in 2016 to $65.6k in 2022.

In 2022, Iceland did not export any services to Montserrat.

Montserrat-Iceland Trade: In 2022, Montserrat exported $456 to Iceland. The main products that Montserrat exported to Iceland were N/A. Over the past 6 years the exports of Montserrat to Iceland have decreased at an annualized rate of 61.8%,  from $56.4k in 2016 to $456 in 2022.

In 2022, Montserrat did not export any services to Iceland.

Comparison In 2022,  Iceland ranked 116 in total exports ($7.31B). That same year, Montserrat ranked 220 in total exports ($6.58M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iceland exported $65.6k to Montserrat. The main products exported from Iceland to Montserrat were Refined Petroleum ($65.6k). During the last 6 years the exports of Iceland to Montserrat have decreased at an annualized rate of 31.9%, from $659k in 2016 to $65.6k in 2022.

In 2016, Montserrat exported $456 to Iceland. There were not main exports from Montserrat to Iceland in 2016. During the last 5 years the exports of Montserrat to Iceland have decreased at an annualized rate of 61.8%, from $56.4k in 2021 to $456 in 2016.

Exports from Iceland (Flag) to Montserrat (Flag) (2022)

Exports from Montserrat (Flag) to Iceland (Flag) (2022)

Latest Data

Trade between Iceland (Flag) and Montserrat (Flag)

Iceland Exports

Market Competitiveness

Color
Iceland
Top Destination
N/AN/A
Montserrat
Top Destination
N/AN/A

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

N/A

N/A

Difference in imports from Montserrat (Flag) and Iceland (Flag) (2022)

Comparative Advantage Iceland - Montserrat

Flow
Scale

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

During 2022, Iceland had a large net trade with Montserrat in the exports of Mineral Products ($65.6k).

During 2016, Montserrat had a large net trade with Iceland in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Iceland (Flag) and Montserrat (Flag) (2022)

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