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 / 195
2013-2023
Flag
GDP PC GROWTH
-2.48%CURRENT US$
Rnk 157 / 195

About

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

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

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

Comparison In 2023,  Paraguay ranked 81 in the Economic Complexity Index (ECI -0.42),  and 94 in total exports ($12.2B). That same year, Montserrat ranked 218 in total exports ($6.05M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Paraguay does not register exports to Montserrat.

In 2018, 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 2023 to $958 in 2018.

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

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

Latest Data

Trade between Paraguay (Flag) and Montserrat (Flag)

Paraguay Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Paraguay - Montserrat

Flow
Scale

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

During 2018, 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 Paraguay and Montserrat. This means that a dot/product with the flag of Paraguay indicates it has a comparative advantage over Montserrat. Similarly, a dot/product with the flag of Montserrat indicates it has a comparative advantage over Paraguay.

Product Space of Paraguay (Flag) and Montserrat (Flag) (2023)

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