2022
Flag
 GDP
$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
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2022
Flag
GDP PC
$6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH
12.7%CURRENT US$
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About

Montserrat-Jamaica Trade: In 2022, Montserrat exported $201 to Jamaica. The main products that Montserrat exported to Jamaica were Blank Audio Media ($101), Non-Knit Women's Suits ($80), and Other Footwear ($20). Over the past 5 years the exports of Montserrat to Jamaica have decreased at an annualized rate of 17.3%, from $519 in 2017 to $201 in 2022.

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

Jamaica-Montserrat Trade: In 2022, Jamaica exported $350k to Montserrat. The main products that Jamaica exported to Montserrat were Cheese ($68.5k), Hard Liquor ($50.6k), and Vermouth ($44.7k). Over the past 5 years the exports of Jamaica to Montserrat have decreased at an annualized rate of 3.89%,  from $426k in 2017 to $350k in 2022.

In 2022, Jamaica 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, Jamaica ranked 72 in the Economic Complexity Index (ECI -0.17), and 145 in total exports ($1.95B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montserrat exported $201 to Jamaica. The main products exported from Montserrat to Jamaica were Blank Audio Media ($101), Non-Knit Women's Suits ($80), and Other Footwear ($20). During the last 5 years the exports of Montserrat to Jamaica have decreased at an annualized rate of 17.3%, from $519 in 2017 to $201 in 2022.

In 2017, Jamaica exported $350k to Montserrat. The main products exported from Jamaica to Montserrat were Cheese ($68.5k), Hard Liquor ($50.6k), and Vermouth ($44.7k). During the last 5 years the exports of Jamaica to Montserrat have decreased at an annualized rate of 3.89%, from $426k in 2022 to $350k in 2017.

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

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

Market Competitiveness

Color
Montserrat
Top Destination
United States$1.54M
Jamaica
Top Destination
United States$1.11B

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

In 2022, countries that imported more from Montserrat than Jamaica included Ireland ($985k), Romania ($29.4k), and Benin ($7.37k).

In 2022, countries that imported more from Jamaica than Montserrat included United States ($1.11B), Russia ($99.7M), and Canada ($81M).

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

Comparative Advantage Montserrat - Jamaica

Flow
Scale

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

During 2022, Montserrat had a large net trade with Jamaica in the exports of Machines ($101), Textiles ($80), and Footwear and Headwear ($20).

During 2017, Jamaica had a large net trade with Montserrat in the exports of Foodstuffs ($235k), Animal Products ($82.1k), and Vegetable Products ($13.2k).

Economic Complexity

Competitive Landscape

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

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

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