2023
Flag
 GDP
$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH
16%CURRENT US$
Rnk 150 / 195
2023
Flag
GDP PC
$53,431CURRENT US$
Rnk 22 / 196
2013-2023
Flag
GDP PC GROWTH
1.51%CURRENT US$
Rnk 152 / 195

About

Montserrat-Canada Trade: In 2023, Montserrat exported $119k to Canada. The main products that Montserrat exported to Canada were Thermostats ($13.6k), Petroleum Gas ($12.3k), and Liquid Pumps ($11k). Over the past 5 years the exports of Montserrat to Canada have decreased at an annualized rate of 6.07%, from $163k in 2018 to $119k in 2023.

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

Canada-Montserrat Trade: In 2023, Canada exported $261k to Montserrat. The main products that Canada exported to Montserrat were Dried/Salted/Smoked/Brined Fish ($31.2k), Dictation Machines ($29.1k), and Sound Recording Equipment ($25k). Over the past 5 years the exports of Canada to Montserrat have decreased at an annualized rate of 3.6%,  from $313k in 2018 to $261k in 2023.

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

Comparison In 2023,  Montserrat ranked 218 in total exports ($6.05M), and does not have data regarding Economic Complexity Index. That same year, Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montserrat exported $119k to Canada. The main products exported from Montserrat to Canada were Thermostats ($13.6k), Petroleum Gas ($12.3k), and Liquid Pumps ($11k). During the last 5 years the exports of Montserrat to Canada have decreased at an annualized rate of 6.07%, from $163k in 2018 to $119k in 2023.

In 2018, Canada exported $261k to Montserrat. The main products exported from Canada to Montserrat were Dried/Salted/Smoked/Brined Fish ($31.2k), Dictation Machines ($29.1k), and Sound Recording Equipment ($25k). During the last 5 years the exports of Canada to Montserrat have decreased at an annualized rate of 3.6%, from $313k in 2023 to $261k in 2018.

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

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

Latest Data

Trade between Montserrat (Flag) and Canada (Flag)

Canada Exports

Market Competitiveness

Color
Montserrat
Top Destination
United States$1.49M
Canada
Top Destination
United States$410B

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

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

In 2023, countries that imported more from Canada than Montserrat included United States ($410B), China ($31.1B), and United Kingdom ($18B).

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

Comparative Advantage Montserrat - Canada

Flow
Scale

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

During 2023, Montserrat had a large net trade with Canada in the exports of Machines ($47.5k), Instruments ($26.1k), and Mineral Products ($12.3k).

During 2018, Canada had a large net trade with Montserrat in the exports of Machines ($100k), Animal Products ($38.7k), and Transportation ($31.6k).

Economic Complexity

Competitive Landscape

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

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

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