2023
Flag
 GDP
$19.4BCURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP GROWTH
36.2%CURRENT US$
Rnk 101 / 195
2023
Flag
GDP PC
$6,840CURRENT US$
Rnk 105 / 196
2013-2023
Flag
GDP PC GROWTH
33.5%CURRENT US$
Rnk 72 / 195

About

Montserrat-Jamaica Trade: In 2023, Montserrat exported $2.32k to Jamaica. The main products that Montserrat exported to Jamaica were Household Washing Machines ($2.32k). Over the past 5 years the exports of Montserrat to Jamaica have increased at an annualized rate of 115%, from $51 in 2018 to $2.32k in 2023.

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

Jamaica-Montserrat Trade: In 2023, Jamaica exported $486k to Montserrat. The main products that Jamaica exported to Montserrat were Cheese ($85.6k), Animal Food ($75.4k), and Hard Liquor ($57.1k). Over the past 5 years the exports of Jamaica to Montserrat have decreased at an annualized rate of 0.51%,  from $520k in 2018 to $486k in 2023.

In 2023, Jamaica 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, Jamaica ranked 70 in the Economic Complexity Index (ECI -0.14), and 147 in total exports ($1.89B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montserrat exported $2.32k to Jamaica. The main products exported from Montserrat to Jamaica were Household Washing Machines ($2.32k). During the last 5 years the exports of Montserrat to Jamaica have increased at an annualized rate of 115%, from $51 in 2018 to $2.32k in 2023.

In 2018, Jamaica exported $486k to Montserrat. The main products exported from Jamaica to Montserrat were Cheese ($85.6k), Animal Food ($75.4k), and Hard Liquor ($57.1k). During the last 5 years the exports of Jamaica to Montserrat have decreased at an annualized rate of 0.51%, from $520k in 2023 to $486k in 2018.

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

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

Market Competitiveness

Color
Montserrat
Top Destination
United States$1.49M
Jamaica
Top Destination
United States$709M

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 2023, countries that imported more from Montserrat than Jamaica included Egypt ($701k), Romania ($28.6k), and Gabon ($2.97k).

In 2023, countries that imported more from Jamaica than Montserrat included United States ($709M), Russia ($138M), and Latvia ($131M).

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

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 2023, Montserrat had a large net trade with Jamaica in the exports of Machines ($2.32k).

During 2018, Jamaica had a large net trade with Montserrat in the exports of Foodstuffs ($337k), Animal Products ($86k), and Machines ($29.1k).

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) (2023)

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