2022
Flag
 GDP
$76.5BCURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP GROWTH
89.3%CURRENT US$
Rnk 19 / 186
2022
Flag
GDP PC
$17,358CURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP PC GROWTH
61.2%CURRENT US$
Rnk 26 / 186

About

In N/A, Montserrat did not export any services to Panama.

Panama-Montserrat Trade: In N/A, Panama exported $223k to Montserrat. The main products that Panama exported to Montserrat were Hard Liquor ($50.3k), Poultry Meat ($45.3k), and Raw Sugar ($43.9k). Over the past N/A years the exports of Panama to Montserrat have increased at an annualized rate of 19.1%,  from $93.1k in N/A to $223k in N/A.

In N/A, Panama 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, Panama ranked 56 in the Economic Complexity Index (ECI 0.17), and 119 in total exports ($6.62B).

Historical Data

Bilateral Trade by Products

Depth
Value

Montserrat does not register exports to Panama.

In 2017, Panama exported $223k to Montserrat. The main products exported from Panama to Montserrat were Hard Liquor ($50.3k), Poultry Meat ($45.3k), and Raw Sugar ($43.9k). During the last 5 years the exports of Panama to Montserrat have increased at an annualized rate of 19.1%, from $93.1k in 2022 to $223k in 2017.

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

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

Market Competitiveness

Color
Montserrat
Top Destination
United States$1.54M
Panama
Top Destination
China$1.14B

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

In 2022, countries that imported more from Montserrat than Panama included Benin ($7.37k) and Brunei ($312).

In 2022, countries that imported more from Panama than Montserrat included China ($1.14B), Japan ($785M), and South Korea ($539M).

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

Comparative Advantage Montserrat - Panama

Flow
Scale

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

During 2017, Panama had a large net trade with Montserrat in the exports of Foodstuffs ($96.6k), Animal Products ($48.6k), and Chemical Products ($39.8k).

Economic Complexity

Competitive Landscape

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

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

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