2023
Flag
 GDP
$119BCURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP GROWTH
23.1%CURRENT US$
Rnk 131 / 195
2023
Flag
GDP PC
$6,610CURRENT US$
Rnk 109 / 196
2013-2023
Flag
GDP PC GROWTH
8.19%CURRENT US$
Rnk 141 / 195

About

Montserrat-Ecuador Trade: In 2023, Montserrat exported $109 to Ecuador. The main products that Montserrat exported to Ecuador were Rubber Pipes ($39), Industrial Printers ($30), and Transmissions ($30). Over the past 6 years the exports of Montserrat to Ecuador have decreased at an annualized rate of 39%, from $2.12k in 2017 to $109 in 2023.

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

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

In 2023, Ecuador 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, Ecuador ranked 104 in the Economic Complexity Index (ECI -0.85), and 65 in total exports ($37.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montserrat exported $109 to Ecuador. The main products exported from Montserrat to Ecuador were Rubber Pipes ($39), Industrial Printers ($30), and Transmissions ($30). During the last 6 years the exports of Montserrat to Ecuador have decreased at an annualized rate of 39%, from $2.12k in 2017 to $109 in 2023.

Ecuador does not register exports to Montserrat.

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

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

Market Competitiveness

Color
Montserrat
Top Destination
United States$1.49M
Ecuador
Top Destination
United States$8.34B

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

In 2023, countries that imported more from Montserrat than Ecuador included Antigua and Barbuda ($796k) and Grenada ($54.3k).

In 2023, countries that imported more from Ecuador than Montserrat included United States ($8.34B), China ($7.96B), and Panama ($4.38B).

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

Comparative Advantage Montserrat - Ecuador

Flow
Scale

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

During 2023, Montserrat had a large net trade with Ecuador in the exports of Machines ($60), Plastics and Rubbers ($39), and Textiles ($10).

Economic Complexity

Competitive Landscape

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

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

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