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Venezuela-Montserrat Trade: In 2020, Venezuela exported $61.2k to Montserrat. The main products that Venezuela exported to Montserrat were N/A. Over the past 15 years the exports of Venezuela to Montserrat have increased at an annualized rate of 3.46%, from $36.8k in 2005 to $61.2k in 2020.

In 2020, Venezuela did not export any services to Montserrat.

Montserrat-Venezuela Trade: In 2020, Montserrat exported $360k to Venezuela. The main products that Montserrat exported to Venezuela were N/A. Over the past 15 years the exports of Montserrat to Venezuela have increased at an annualized rate of 138%,  from $4.73k in 2005 to $360k in 2020.

In 2020, Montserrat did not export any services to Venezuela.

Comparison In 2022,  Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87),  and 132 in total exports ($4.3B). 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 2020, Venezuela exported $61.2k to Montserrat. There were not main exports from Venezuela to Montserrat in 2020. During the last 15 years the exports of Venezuela to Montserrat have increased at an annualized rate of 3.46%, from $36.8k in 2005 to $61.2k in 2020.

In 2008, Montserrat exported $360k to Venezuela. There were not main exports from Montserrat to Venezuela in 2008. During the last 5 years the exports of Montserrat to Venezuela have increased at an annualized rate of 138%, from $4.73k in 2013 to $360k in 2008.

Exports from Venezuela (Flag) to Montserrat (Flag) (2020)

Exports from Montserrat (Flag) to Venezuela (Flag) (2020)

Market Competitiveness

Color
Venezuela
Top Destination
China$703M
Montserrat
Top Destination
United States$1.54M

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

In 2022, countries that imported more from Venezuela than Montserrat included China ($703M), Turkey ($597M), and Spain ($518M).

In 2022, countries that imported more from Montserrat than Venezuela included Antigua and Barbuda ($1.23M), Ireland ($985k), and Mauritania ($12.4k).

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

Comparative Advantage Venezuela - Montserrat

Flow
Scale

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

During 2020, Venezuela had a large net trade with Montserrat in the exports of .

During 2008, Montserrat had a large net trade with Venezuela in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Venezuela Montserrat+N/AN/A
Top Product Potential Montserrat Venezuela+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

Product Space of Venezuela (Flag) and Montserrat (Flag) (2020)

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