Montserrat (MSR) and Belize (BLZ) Trade | The Observatory of Economic Complexity

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Montserrat-Belize Trade: In 2022, Montserrat exported $1.65k to Belize. The main products that Montserrat exported to Belize were Vacuum Cleaners ($1.4k) and Motor vehicles; parts and accessories (8701 to 8705) ($255). Over the past 7 years the exports of Montserrat to Belize have increased at an annualized rate of 8.42%, from $937 in 2015 to $1.65k in 2022.

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

Belize-Montserrat Trade: In 2022, Belize exported $61 to Montserrat. The main products that Belize exported to Montserrat were N/A. Over the past 7 years the exports of Belize to Montserrat have decreased at an annualized rate of 32.2%, from $427 in 2015 to $61 in 2022.

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

Comparison In 2022, Montserrat ranked 220 in total exports ($6.58M). That same year, Belize ranked 175 in total exports ($399M). 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 $1.65k to Belize. The main products exported from Montserrat to Belize were Vacuum Cleaners ($1.4k) and Motor vehicles; parts and accessories (8701 to 8705) ($255). During the last 7 years the exports of Montserrat to Belize have increased at an annualized rate of 8.42%, from $937 in 2015 to $1.65k in 2022.

In 2004, Belize exported $61 to Montserrat. There were not main exports from Belize to Montserrat in 2004. During the last 5 years the exports of Belize to Montserrat have decreased at an annualized rate of 32.2%, from $427 in 2009 to $61 in 2004.

Exports from Montserrat () to Belize () (2022)

Exports from Belize () to Montserrat () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Montserrat
Top DestinationUnited States$1.54M

Belize
Top DestinationUnited States$86.5M

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

In 2022, countries that imported more from Montserrat than Belize included Egypt ($36.9k), Maldives ($28.8k), and Mauritania ($12.4k).

In 2022, countries that imported more from Belize than Montserrat included United States ($86.5M), United Kingdom ($64.3M), and Guatemala ($39.2M).

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

Comparative Advantage Montserrat - Belize

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Montserrat had a large net trade with Belize in the exports of Machines ($1.4k) and Transportation ($255).

During 2004, Belize had a large net trade with Montserrat in the exports of .

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

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Historical Data

Bilateral Trade by Products

Exports from Montserrat () to Belize () (2022)

Exports from Belize () to Montserrat () (2022)

Market Competitiveness

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

Comparative Advantage Montserrat - Belize

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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