2023
Flag
 GDP
$8.14BCURRENT US$
Rnk 153 / 195
2013-2023
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 123 / 195
2023
Flag
GDP PC
$125,842CURRENT US$
Rnk 3 / 196
2013-2023
Flag
GDP PC GROWTH
23.7%CURRENT US$
Rnk 91 / 195

About

Montserrat-Bermuda Trade: In 2021, Montserrat exported $30 to Bermuda. The main products that Montserrat exported to Bermuda were N/A. Over the past 24 years the exports of Montserrat to Bermuda have decreased at an annualized rate of 18.1%, from $3.59k in 1997 to $30 in 2021.

In 2021, Montserrat did not export any services to Bermuda.

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

In 2021, Bermuda did not export any services to Montserrat.

Comparison In 2023,  Montserrat ranked 218 in total exports ($6.05M). That same year, Bermuda ranked 179 in total exports ($254M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Montserrat exported $30 to Bermuda. There were not main exports from Montserrat to Bermuda in 2021. During the last 24 years the exports of Montserrat to Bermuda have decreased at an annualized rate of 18.1%, from $3.59k in 1997 to $30 in 2021.

Bermuda does not register exports to Montserrat. The main products exported from Bermuda to Montserrat were Broadcasting Equipment ($11.8k), Electrical Transformers ($648), and Low-voltage Protection Equipment ($159).

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

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

Market Competitiveness

Color
Montserrat
Top Destination
United States$1.49M
Bermuda
Top Destination
Germany$101M

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

In 2023, countries that imported more from Montserrat than Bermuda included Antigua and Barbuda ($796k), Egypt ($701k), and Guyana ($768k).

In 2023, countries that imported more from Bermuda than Montserrat included Germany ($101M), South Africa ($96.3M), and Netherlands ($37.9M).

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

Comparative Advantage Montserrat - Bermuda

Flow
Scale

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

During 2021, Montserrat had a large net trade with Bermuda in the exports of .

Economic Complexity

Competitive Landscape

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

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

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