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$
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About

Panama-Montserrat Trade: In 2022, 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 6 years the exports of Panama to Montserrat have increased at an annualized rate of 33.3%, from $39.7k in 2016 to $223k in 2022.

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

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

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

Comparison In 2022,  Panama ranked 56 in the Economic Complexity Index (ECI 0.17),  and 119 in total exports ($6.62B). That same year, Montserrat ranked 220 in total exports ($6.58M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 6 years the exports of Panama to Montserrat have increased at an annualized rate of 33.3%, from $39.7k in 2016 to $223k in 2022.

Montserrat does not register exports to Panama.

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

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

Market Competitiveness

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

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

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

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

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

Comparative Advantage Panama - Montserrat

Flow
Scale

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

During 2022, 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 Panama and Montserrat. This means that a dot/product with the flag of Panama indicates it has a comparative advantage over Montserrat. Similarly, a dot/product with the flag of Montserrat indicates it has a comparative advantage over Panama.

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

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