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

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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 32.6%, from $11.6k in 2017 to $1.61k in 2022.

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

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.

Comparison In 2022, Montserrat ranked 220 in total exports ($6.58M). That same year, Barbados ranked 176 in total exports ($393M). 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, 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 32.6%, from $11.6k in 2017 to $1.61k in 2022.

In 2017, 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 2022 to $369k in 2017.

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

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

Latest Data

Trade between Montserrat () and Barbados ()

Barbados Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Montserrat
Top DestinationUnited States$1.54M

Barbados
Top DestinationUnited States$88.6M

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

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

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

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

Comparative Advantage Montserrat - Barbados

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Montserrat had a large net trade with Barbados in the exports of Machines ($903), Textiles ($547), and Foodstuffs ($93).

During 2017, Barbados had a large net trade with Montserrat in the exports of Chemical Products ($179k), Foodstuffs ($72.2k), and Mineral Products ($35.5k).

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Montserrat () and Barbados ()

Barbados Exports

Market Competitiveness

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

Comparative Advantage Montserrat - Barbados

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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