Jamaica (JAM) and Montserrat (MSR) Trade | The Observatory of Economic Complexity

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Jamaica-Montserrat Trade: In 2022, Jamaica exported $350k to Montserrat. The main products that Jamaica exported to Montserrat were Cheese ($68.5k), Hard Liquor ($50.6k), and Vermouth ($44.7k). Over the past 5 years the exports of Jamaica to Montserrat have decreased at an annualized rate of 3.89%, from $426k in 2017 to $350k in 2022.

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

Montserrat-Jamaica Trade: In 2022, Montserrat exported $201 to Jamaica. The main products that Montserrat exported to Jamaica were Blank Audio Media ($101), Non-Knit Women's Suits ($80), and Other Footwear ($20). Over the past 5 years the exports of Montserrat to Jamaica have decreased at an annualized rate of 17.3%, from $519 in 2017 to $201 in 2022.

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

Comparison In 2022, Jamaica ranked 72 in the Economic Complexity Index (ECI -0.17), and 145 in total exports ($1.95B). That same year, Montserrat ranked 220 in total exports ($6.58M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Jamaica exported $350k to Montserrat. The main products exported from Jamaica to Montserrat were Cheese ($68.5k), Hard Liquor ($50.6k), and Vermouth ($44.7k). During the last 5 years the exports of Jamaica to Montserrat have decreased at an annualized rate of 3.89%, from $426k in 2017 to $350k in 2022.

In 2017, Montserrat exported $201 to Jamaica. The main products exported from Montserrat to Jamaica were Blank Audio Media ($101), Non-Knit Women's Suits ($80), and Other Footwear ($20). During the last 5 years the exports of Montserrat to Jamaica have decreased at an annualized rate of 17.3%, from $519 in 2022 to $201 in 2017.

Exports from Jamaica () to Montserrat () (2022)

Exports from Montserrat () to Jamaica () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Jamaica
Top DestinationUnited States$1.11B

Montserrat
Top DestinationUnited States$1.54M

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

In 2022, countries that imported more from Jamaica than Montserrat included United States ($1.11B), Russia ($99.7M), and Canada ($81M).

In 2022, countries that imported more from Montserrat than Jamaica included Ireland ($985k), Romania ($29.4k), and Benin ($7.37k).

Difference in imports from Montserrat () and Jamaica () (2022)

Comparative Advantage Jamaica - Montserrat

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Jamaica had a large net trade with Montserrat in the exports of Foodstuffs ($235k), Animal Products ($82.1k), and Vegetable Products ($13.2k).

During 2017, Montserrat had a large net trade with Jamaica in the exports of Machines ($101), Textiles ($80), and Footwear and Headwear ($20).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Jamaica () to Montserrat () (2022)

Exports from Montserrat () to Jamaica () (2022)

Market Competitiveness

Difference in imports from Montserrat () and Jamaica () (2022)

Comparative Advantage Jamaica - Montserrat

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Jamaica () and Montserrat () (2022)

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