2023
Flag
 GDP
$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH
64.2%CURRENT US$
Rnk 44 / 195
2023
Flag
GDP PC
$82,769CURRENT US$
Rnk 9 / 196
2013-2023
Flag
GDP PC GROWTH
55%CURRENT US$
Rnk 40 / 195

About

Montserrat-United States Trade: In 2023, Montserrat exported $1.49M to United States. The main products that Montserrat exported to United States were Sand ($343k), Insulated Wire ($235k), and Pepper ($183k). Over the past 5 years the exports of Montserrat to United States have decreased at an annualized rate of 0.12%, from $1.5M in 2018 to $1.49M in 2023.

In 2023, Montserrat did not export any services to United States.

United States-Montserrat Trade: In 2023, United States exported $32.6M to Montserrat. The main products that United States exported to Montserrat were Refined Petroleum ($7.05M), Electric Generating Sets ($1.15M), and X-Ray Equipment ($1.12M). Over the past 5 years the exports of United States to Montserrat have increased at an annualized rate of 5.44%,  from $25M in 2018 to $32.6M in 2023.

In 2023, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montserrat exported $1.49M to United States. The main products exported from Montserrat to United States were Sand ($343k), Insulated Wire ($235k), and Pepper ($183k). During the last 5 years the exports of Montserrat to United States have decreased at an annualized rate of 0.12%, from $1.5M in 2018 to $1.49M in 2023.

In 2018, United States exported $32.6M to Montserrat. The main products exported from United States to Montserrat were Refined Petroleum ($7.05M), Electric Generating Sets ($1.15M), and X-Ray Equipment ($1.12M). During the last 5 years the exports of United States to Montserrat have increased at an annualized rate of 5.44%, from $25M in 2023 to $32.6M in 2018.

Exports from Montserrat (Flag) to United States (Flag) (2023)

Exports from United States (Flag) to Montserrat (Flag) (2023)

Latest Data

Trade between Montserrat (Flag) and United States (Flag)

Montserrat Exports

United States Exports

Market Competitiveness

Color
Montserrat
Top Destination
United States$1.49M
United States
Top Destination
Canada$269B

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

In 2023, no countries were registered that imported more from Montserrat than from United States.

In 2023, countries that imported more from United States than Montserrat included Canada ($269B), Mexico ($243B), and China ($154B).

Difference in imports from United States (Flag) and Montserrat (Flag) (2023)

Comparative Advantage Montserrat - United States

Flow
Scale

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

During 2023, Montserrat had a large net trade with United States in the exports of Machines ($743k), Mineral Products ($348k), and Vegetable Products ($187k).

During 2018, United States had a large net trade with Montserrat in the exports of Mineral Products ($8.7M), Machines ($6.7M), and Foodstuffs ($2.35M).

Economic Complexity

Competitive Landscape

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

Product Space of Montserrat (Flag) and United States (Flag) (2023)

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