2023
Flag
 GDP
$83.3BCURRENT US$
Rnk 76 / 195
2013-2023
Flag
GDP GROWTH
77.5%CURRENT US$
Rnk 32 / 195
2023
Flag
GDP PC
$18,686CURRENT US$
Rnk 65 / 196
2013-2023
Flag
GDP PC GROWTH
52.3%CURRENT US$
Rnk 43 / 195

About

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

Panama-Montserrat Trade: In N/A, Panama exported $338k to Montserrat. The main products that Panama exported to Montserrat were Poultry Meat ($141k), Hard Liquor ($118k), and Video Displays ($15.9k). Over the past N/A years the exports of Panama to Montserrat have increased at an annualized rate of 18.9%,  from $142k in N/A to $338k in N/A.

In N/A, Panama 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, Panama ranked 69 in the Economic Complexity Index (ECI -0.14), and 121 in total exports ($6.59B).

Historical Data

Bilateral Trade by Products

Depth
Value

Montserrat does not register exports to Panama.

In 2018, Panama exported $338k to Montserrat. The main products exported from Panama to Montserrat were Poultry Meat ($141k), Hard Liquor ($118k), and Video Displays ($15.9k). During the last 5 years the exports of Panama to Montserrat have increased at an annualized rate of 18.9%, from $142k in 2023 to $338k in 2018.

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

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

Market Competitiveness

Color
Montserrat
Top Destination
United States$1.49M
Panama
Top Destination
China$1.62B

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 2023, countries that imported more from Montserrat than Panama included Egypt ($701k), Malawi ($16.7k), and Botswana ($120).

In 2023, countries that imported more from Panama than Montserrat included China ($1.62B), Japan ($653M), and United States ($385M).

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

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 2018, Panama had a large net trade with Montserrat in the exports of Animal Products ($148k), Foodstuffs ($123k), and Machines ($26.6k).

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) (2023)

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