Montserrat (MSR) and Belize (BLZ) Trade | The Observatory of Economic Complexity

About

Montserrat-Belize Trade: In 2023, Montserrat exported $741 to Belize. The main products that Montserrat exported to Belize were Harvesting Machinery ($349), Other Edible Preparations ($260), and Industrial Printers ($132). Over the past 7 years the exports of Montserrat to Belize have increased at an annualized rate of 62.3%, from $25 in 2016 to $741 in 2023.

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

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

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

Comparison In 2023, Montserrat ranked 218 in total exports ($6.05M). That same year, Belize ranked 173 in total exports ($386M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Montserrat exported $741 to Belize. The main products exported from Montserrat to Belize were Harvesting Machinery ($349), Other Edible Preparations ($260), and Industrial Printers ($132). During the last 7 years the exports of Montserrat to Belize have increased at an annualized rate of 62.3%, from $25 in 2016 to $741 in 2023.

Belize does not register exports to Montserrat. The main products exported from Belize to Montserrat were Non-Knit Men's Shirts ($1.21k) and Aluminium Housewares ($475).

Exports from Montserrat () to Belize () (2023)

Exports from Belize () to Montserrat () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Montserrat
Top DestinationUnited States$1.49M

Belize
Top DestinationUnited States$86.2M

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

In 2023, countries that imported more from Montserrat than Belize included Egypt ($701k), Luxembourg ($63.7k), and Philippines ($17.7k).

In 2023, countries that imported more from Belize than Montserrat included United States ($86.2M), United Kingdom ($55.9M), and Spain ($35.5M).

Difference in imports from Belize () and Montserrat () (2023)

Comparative Advantage Montserrat - Belize

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Montserrat had a large net trade with Belize in the exports of Machines ($481) and Foodstuffs ($260).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Montserrat () to Belize () (2023)

Exports from Belize () to Montserrat () (2023)

Market Competitiveness

Difference in imports from Belize () and Montserrat () (2023)

Comparative Advantage Montserrat - Belize

Economic Complexity

Competitive Landscape

Product Space of Montserrat () and Belize () (2023)

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