2023
Flag
 GDP
$43BCURRENT US$
Rnk 98 / 195
2013-2023
Flag
GDP GROWTH
11.6%CURRENT US$
Rnk 152 / 195
2023
Flag
GDP PC
$6,276CURRENT US$
Rnk 111 / 196
2013-2023
Flag
GDP PC GROWTH
-2.48%CURRENT US$
Rnk 157 / 195

About

Montserrat-Paraguay Trade: In 2023, Montserrat exported $958 to Paraguay. The main products that Montserrat exported to Paraguay were Valves ($958). Over the past 5 years the exports of Montserrat to Paraguay have decreased at an annualized rate of 3.42%, from $1.14k in 2018 to $958 in 2023.

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

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

In 2023, Paraguay 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, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.42), and 94 in total exports ($12.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montserrat exported $958 to Paraguay. The main products exported from Montserrat to Paraguay were Valves ($958). During the last 5 years the exports of Montserrat to Paraguay have decreased at an annualized rate of 3.42%, from $1.14k in 2018 to $958 in 2023.

Paraguay does not register exports to Montserrat.

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

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

Latest Data

Trade between Montserrat (Flag) and Paraguay (Flag)

Paraguay Exports

Market Competitiveness

Color
Montserrat
Top Destination
United States$1.49M
Paraguay
Top Destination
Argentina$4B

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 2023, countries that imported more from Montserrat than Paraguay included Grenada ($54.3k), Malawi ($16.7k), and Kenya ($1.16k).

In 2023, countries that imported more from Paraguay than Montserrat included Argentina ($4B), Brazil ($3B), and Chile ($1.26B).

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

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 2023, Montserrat had a large net trade with Paraguay in the exports of Machines ($958).

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) (2023)

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