2023
Flag
 GDP
$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 146 / 195
2023
Flag
GDP PC
$68,454CURRENT US$
Rnk 14 / 196
2013-2023
Flag
GDP PC GROWTH
11.5%CURRENT US$
Rnk 129 / 195

About

Montserrat-Denmark Trade: In 2023, Montserrat exported $1.52k to Denmark. The main products that Montserrat exported to Denmark were Liquid Pumps ($1.47k), Leather Footwear ($51), and Electric Soldering Equipment ($6). Over the past 7 years the exports of Montserrat to Denmark have increased at an annualized rate of 10.2%, from $772 in 2016 to $1.52k in 2023.

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

Denmark-Montserrat Trade: In 2023, Denmark exported $89k to Montserrat. The main products that Denmark exported to Montserrat were Flavored Water ($61.1k), Other Prepared Meat ($24.2k), and Sausages ($3.65k). Over the past 7 years the exports of Denmark to Montserrat have increased at an annualized rate of 2.02%,  from $80.5k in 2016 to $89k in 2023.

In 2023, Denmark 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, Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montserrat exported $1.52k to Denmark. The main products exported from Montserrat to Denmark were Liquid Pumps ($1.47k), Leather Footwear ($51), and Electric Soldering Equipment ($6). During the last 7 years the exports of Montserrat to Denmark have increased at an annualized rate of 10.2%, from $772 in 2016 to $1.52k in 2023.

In 2018, Denmark exported $89k to Montserrat. The main products exported from Denmark to Montserrat were Flavored Water ($61.1k), Other Prepared Meat ($24.2k), and Sausages ($3.65k). During the last 5 years the exports of Denmark to Montserrat have increased at an annualized rate of 2.02%, from $80.5k in 2023 to $89k in 2018.

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

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

Latest Data

Trade between Montserrat (Flag) and Denmark (Flag)

Denmark Exports

Market Competitiveness

Color
Montserrat
Top Destination
United States$1.49M
Denmark
Top Destination
Germany$14.8B

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

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

In 2023, countries that imported more from Denmark than Montserrat included Germany ($14.8B), United States ($12B), and Sweden ($11.2B).

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

Comparative Advantage Montserrat - Denmark

Flow
Scale

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

During 2023, Montserrat had a large net trade with Denmark in the exports of Machines ($1.47k) and Footwear and Headwear ($51).

During 2018, Denmark had a large net trade with Montserrat in the exports of Foodstuffs ($89k).

Economic Complexity

Competitive Landscape

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

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

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