Barbados (BRB) and Montserrat (MSR) Trade | The Observatory of Economic Complexity

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Barbados-Montserrat Trade: In 2022, Barbados exported $369k to Montserrat. The main products that Barbados exported to Montserrat were Packaged Medicaments ($131k), Pesticides ($29.3k), and Refrigerators ($23.8k). Over the past 5 years the exports of Barbados to Montserrat have decreased at an annualized rate of 6.56%, from $519k in 2017 to $369k in 2022.

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

Montserrat-Barbados Trade: In 2022, Montserrat exported $1.61k to Barbados. The main products that Montserrat exported to Barbados were Excavation Machinery ($903), Non-Knit Men's Undergarments ($313), and Non-Knit Babies' Garments ($234). Over the past 5 years the exports of Montserrat to Barbados have decreased at an annualized rate of 15.1%, from $11.6k in 2017 to $1.61k in 2022.

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

Comparison In 2022, Barbados ranked 176 in total exports ($393M). That same year, Montserrat ranked 220 in total exports ($6.58M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Barbados exported $369k to Montserrat. The main products exported from Barbados to Montserrat were Packaged Medicaments ($131k), Pesticides ($29.3k), and Refrigerators ($23.8k). During the last 5 years the exports of Barbados to Montserrat have decreased at an annualized rate of 6.56%, from $519k in 2017 to $369k in 2022.

In 2017, Montserrat exported $1.61k to Barbados. The main products exported from Montserrat to Barbados were Excavation Machinery ($903), Non-Knit Men's Undergarments ($313), and Non-Knit Babies' Garments ($234). During the last 5 years the exports of Montserrat to Barbados have decreased at an annualized rate of 15.1%, from $11.6k in 2022 to $1.61k in 2017.

Exports from Barbados () to Montserrat () (2022)

Exports from Montserrat () to Barbados () (2022)

Latest Data

Trade between Barbados () and Montserrat ()

Barbados Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Barbados
Top DestinationUnited States$88.6M

Montserrat
Top DestinationUnited States$1.54M

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

In 2022, countries that imported more from Barbados than Montserrat included United States ($88.6M), Jamaica ($43.3M), and Trinidad and Tobago ($33.8M).

In 2022, countries that imported more from Montserrat than Barbados included Ireland ($985k), Egypt ($36.9k), and Romania ($29.4k).

Difference in imports from Montserrat () and Barbados () (2022)

Comparative Advantage Barbados - Montserrat

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Barbados had a large net trade with Montserrat in the exports of Chemical Products ($179k), Foodstuffs ($72.2k), and Mineral Products ($35.5k).

During 2017, Montserrat had a large net trade with Barbados in the exports of Machines ($903), Textiles ($547), and Foodstuffs ($93).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Barbados () to Montserrat () (2022)

Exports from Montserrat () to Barbados () (2022)

Latest Data

Trade between Barbados () and Montserrat ()

Barbados Exports

Market Competitiveness

Difference in imports from Montserrat () and Barbados () (2022)

Comparative Advantage Barbados - Montserrat

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Barbados () and Montserrat () (2022)

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