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2023
Flag → Flag
Exports $2.73kRnk 35 / 65
2023
Flag → Flag
Top Product $1.41kChemical Analysis Instruments
2023
Flag → Flag
Exports $250kRnk 206 / 219
2023
Flag → Flag
Top Product $117kBeauty Products
2023
Flag
Economic Complexity (ECI) ECI 1.29Rnk 18 / 132
2023
Flag
 GDP$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
GDP PC$39,003CURRENT US$
Rnk 32 / 196
2013-2023
Flag
GDP PC GROWTH9.11%CURRENT US$
Rnk 136 / 195

About

Montserrat-Italy Trade: In 2023, Montserrat exported $2.73k to Italy. The main products that Montserrat exported to Italy were Chemical Analysis Instruments ($1.41k) and Felt or Coated Fabric Garments ($1.31k). Over the past 5 years the exports of Montserrat to Italy have decreased at an annualized rate of 64.5%, from $486k in 2018 to $2.73k in 2023.

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

Italy-Montserrat Trade: In 2023, Italy exported $250k to Montserrat. The main products that Italy exported to Montserrat were Beauty Products ($117k), Pitted Fruits ($47.6k), and Other Frozen Vegetables ($46.7k). Over the past 5 years the exports of Italy to Montserrat have increased at an annualized rate of 39.2%,  from $47.9k in 2018 to $250k in 2023.

In 2023, Italy 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, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montserrat exported $2.73k to Italy. The main products exported from Montserrat to Italy were Chemical Analysis Instruments ($1.41k) and Felt or Coated Fabric Garments ($1.31k). During the last 5 years the exports of Montserrat to Italy have decreased at an annualized rate of 64.5%, from $486k in 2018 to $2.73k in 2023.

In 2018, Italy exported $250k to Montserrat. The main products exported from Italy to Montserrat were Beauty Products ($117k), Pitted Fruits ($47.6k), and Other Frozen Vegetables ($46.7k). During the last 5 years the exports of Italy to Montserrat have increased at an annualized rate of 39.2%, from $47.9k in 2023 to $250k in 2018.

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

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

Latest Data

Trade between Montserrat (Flag) and Italy (Flag)

Italy Exports

Market Competitiveness

Color
Montserrat
Top DestinationUnited States$1.49M
Italy
Top DestinationGermany$71.4B

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

In 2023, countries that imported more from Italy than Montserrat included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

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

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 2023, Montserrat had a large net trade with Italy in the exports of Instruments ($1.41k) and Textiles ($1.31k).

During 2018, Italy had a large net trade with Montserrat in the exports of Chemical Products ($118k), Vegetable Products ($47.6k), and Foodstuffs ($46.9k).

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) (2023)

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