2023
Flag
 GDP
$104BCURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP GROWTH
97.1%CURRENT US$
Rnk 16 / 195
2023
Flag
GDP PC
$5,763CURRENT US$
Rnk 117 / 196
2013-2023
Flag
GDP PC GROWTH
67.3%CURRENT US$
Rnk 27 / 195

About

Montserrat-Guatemala Trade: In 2023, Montserrat exported $6.08k to Guatemala. The main products that Montserrat exported to Guatemala were Non-Knit Women's Suits ($5.76k), Transmissions ($252), and Engine Parts ($71). Over the past 14 years the exports of Montserrat to Guatemala have increased at an annualized rate of 51%, from $19 in 2009 to $6.08k in 2023.

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

Guatemala-Montserrat Trade: In 2023, Guatemala exported $17.3k to Montserrat. The main products that Guatemala exported to Montserrat were Raw Sugar ($17.3k). Over the past 14 years the exports of Guatemala to Montserrat have decreased at an annualized rate of 15.2%,  from $39.3k in 2009 to $17.3k in 2023.

In 2023, Guatemala 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, Guatemala ranked 73 in the Economic Complexity Index (ECI -0.21), and 86 in total exports ($15.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montserrat exported $6.08k to Guatemala. The main products exported from Montserrat to Guatemala were Non-Knit Women's Suits ($5.76k), Transmissions ($252), and Engine Parts ($71). During the last 14 years the exports of Montserrat to Guatemala have increased at an annualized rate of 51%, from $19 in 2009 to $6.08k in 2023.

In 2018, Guatemala exported $17.3k to Montserrat. The main products exported from Guatemala to Montserrat were Raw Sugar ($17.3k). During the last 5 years the exports of Guatemala to Montserrat have decreased at an annualized rate of 15.2%, from $39.3k in 2023 to $17.3k in 2018.

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

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

Market Competitiveness

Color
Montserrat
Top Destination
United States$1.49M
Guatemala
Top Destination
United States$5.16B

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

In 2023, countries that imported more from Montserrat than Guatemala included Antigua and Barbuda ($796k) and Malawi ($16.7k).

In 2023, countries that imported more from Guatemala than Montserrat included United States ($5.16B), El Salvador ($1.73B), and Honduras ($1.42B).

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

Comparative Advantage Montserrat - Guatemala

Flow
Scale

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

During 2023, Montserrat had a large net trade with Guatemala in the exports of N/A.

During 2018, Guatemala had a large net trade with Montserrat in the exports of Foodstuffs ($17.3k).

Economic Complexity

Competitive Landscape

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

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

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