2022
Flag
 GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186

About

Montserrat-Italy Trade: In 2022, Montserrat exported $1.17k to Italy. The main products that Montserrat exported to Italy were Chemical Analysis Instruments ($1.17k). Over the past 5 years the exports of Montserrat to Italy have decreased at an annualized rate of 69.8%, from $469k in 2017 to $1.17k in 2022.

In 2022, Montserrat did not export any services to Italy.

Italy-Montserrat Trade: In 2022, Italy exported $53.4k to Montserrat. The main products that Italy exported to Montserrat were Lifting Machinery ($30.7k), Other Measuring Instruments ($14.9k), and Gas and Liquid Flow Measuring Instruments ($5.01k). Over the past 5 years the exports of Italy to Montserrat have decreased at an annualized rate of 13.6%,  from $308k in 2017 to $53.4k in 2022.

In 2022, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montserrat exported $1.17k to Italy. The main products exported from Montserrat to Italy were Chemical Analysis Instruments ($1.17k). During the last 5 years the exports of Montserrat to Italy have decreased at an annualized rate of 69.8%, from $469k in 2017 to $1.17k in 2022.

In 2017, Italy exported $53.4k to Montserrat. The main products exported from Italy to Montserrat were Lifting Machinery ($30.7k), Other Measuring Instruments ($14.9k), and Gas and Liquid Flow Measuring Instruments ($5.01k). During the last 5 years the exports of Italy to Montserrat have decreased at an annualized rate of 13.6%, from $308k in 2022 to $53.4k in 2017.

Exports from Montserrat (Flag) to Italy (Flag) (2022)

Exports from Italy (Flag) to Montserrat (Flag) (2022)

Latest Data

Trade between Montserrat (Flag) and Italy (Flag)

Italy Exports

Market Competitiveness

Color
Montserrat
Top Destination
United States$1.54M
Italy
Top Destination
Germany$78.5B

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

In 2022, no countries were registered that imported more from Montserrat than from Italy.

In 2022, countries that imported more from Italy than Montserrat included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

Difference in imports from Italy (Flag) and Montserrat (Flag) (2022)

Comparative Advantage Montserrat - Italy

Flow
Scale

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

During 2022, Montserrat had a large net trade with Italy in the exports of Instruments ($1.17k).

During 2017, Italy had a large net trade with Montserrat in the exports of Machines ($33.5k) and Instruments ($19.9k).

Economic Complexity

Competitive Landscape

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

Product Space of Montserrat (Flag) and Italy (Flag) (2022)

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