2022
Flag
 GDP
$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH
25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC
$6,153CURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP PC GROWTH
9.46%CURRENT US$
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About

Montserrat-Paraguay Trade: In 2022, Montserrat exported $4 to Paraguay. The main products that Montserrat exported to Paraguay were Other Rubber Products ($4). Over the past 5 years the exports of Montserrat to Paraguay have decreased at an annualized rate of 64.3%, from $692 in 2017 to $4 in 2022.

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

Paraguay-Montserrat In N/A, Paraguay did not export any products to Montserrat.

In 2022, Paraguay 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, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.34), and 103 in total exports ($10.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Montserrat exported $4 to Paraguay. The main products exported from Montserrat to Paraguay were Other Rubber Products ($4). During the last 5 years the exports of Montserrat to Paraguay have decreased at an annualized rate of 64.3%, from $692 in 2017 to $4 in 2022.

Paraguay does not register exports to Montserrat.

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

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

Latest Data

Trade between Montserrat (Flag) and Paraguay (Flag)

Paraguay Exports

Market Competitiveness

Color
Montserrat
Top Destination
United States$1.54M
Paraguay
Top Destination
Brazil$3.67B

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

In 2022, countries that imported more from Montserrat than Paraguay included Antigua and Barbuda ($1.23M) and Grenada ($70).

In 2022, countries that imported more from Paraguay than Montserrat included Brazil ($3.67B), Argentina ($1.91B), and Chile ($1.16B).

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

Comparative Advantage Montserrat - Paraguay

Flow
Scale

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

During 2022, Montserrat had a large net trade with Paraguay in the exports of Plastics and Rubbers ($4).

Economic Complexity

Competitive Landscape

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

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

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