2022
Flag
 GDP
$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH
87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC
$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH
67.3%CURRENT US$
Rnk 19 / 186

About

Montserrat-Dominican Republic In 2021, Montserrat exported $18k to Dominican Republic. The main products that Montserrat exported to Dominican Republic are N/A. During the last 20 years the exports of Montserrat to Dominican Republic have increased at an annualized rate of 2.47%, from $11.1k in 2001 to $18k in 2021.

In 2021, Montserrat did not export any services to Dominican Republic.

Dominican Republic-Montserrat In 2021, Dominican Republic exported $218k to Montserrat. The main products that Dominican Republic exported to Montserrat were Raw Iron Bars ($175k), Pesticides ($17.4k), and Iron Cloth ($12.1k). During the last 20 years the exports of Dominican Republic to Montserrat have increased at an annualized rate of 34.3%, from $599 in 2001 to $218k in 2021.

In 2021, Dominican Republic did not export any services to Montserrat.

Comparison In 2022,  Montserrat ranked 220 in total exports ($6.58M), and does not have data regarding Economic Complexity Index. That same year, Dominican Republic ranked 59 in the Economic Complexity Index (ECI 0.07), and 92 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Montserrat exported $18k to Dominican Republic. There were not main exports from Montserrat to Dominican Republic in 2021. During the last 20 years the exports of Montserrat to Dominican Republic have increased at an annualized rate of 2.47%, from $11.1k in 2001 to $18k in 2021.

In 2022, Dominican Republic exported $218k to Montserrat. The main products exported from Dominican Republic to Montserrat were Raw Iron Bars ($175k), Pesticides ($17.4k), and Iron Cloth ($12.1k). During the last 26 years the exports of Dominican Republic to Montserrat have increased at an annualized rate of 34.3%, from $599 in 1996 to $218k in 2022.

Exports from Montserrat (Flag) to Dominican Republic (Flag) (2022)

Exports from Dominican Republic (Flag) to Montserrat (Flag) (2022)

Latest Data

Trade between Montserrat (Flag) and Dominican Republic (Flag)

Dominican Republic Exports

Market Competitiveness

Color
Montserrat
Top Destination
United States$1.54M
Dominican Republic
Top Destination
United States$6.85B

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

In 2021, countries that imported more from Montserrat than Dominican Republic were Benin ($7.37k).

In 2021, countries that imported more from Dominican Republic than Montserrat were United States ($6.85B), Switzerland ($1.08B), and Haiti ($1.02B).

Difference in imports from Dominican Republic (Flag) and Montserrat (Flag) (2022)

Comparative Advantage Montserrat - Dominican Republic

Flow
Scale

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

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

During 2022, Dominican Republic had a large net trade with Montserrat in the exports of Metals ($189k), Chemical Products ($20.4k), and Animal and Vegetable Bi-Products ($3.33k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Montserrat has comparative advantage over Dominican Republic. Similarly, the more yellow a dot/product is, the more Dominican Republic has comparative advantage over Montserrat.

Product Space of Montserrat (Flag) and Dominican Republic (Flag) (2022)

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