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Montserrat Trade Summary

2023

Montserrat exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR MONTSERRAT 2023

Overall Exports and Imports for Montserrat 2023

Exports and imports of Montserrat in 2023 are below, along with number of countries and products

  • The total value of exports (FoB) was 6 million.
  • The total value of imports (CIF) was 48 million.
  • At the HS6 digit level, 139 products were exported to 1 countries and 2,393 products were imported from 49 countries.

Montserrat top 5 Export and Import partners 2023

Top five countries to which Montserrat exported in 2023 are below, along with the percent of total exports that went to that country:

  1. Montserrat exports to Unspecified worth US$ 6 million, with a partner share of 100.00 percent.

Top five countries from which Montserrat imported goods in 2023 are below, along with percent of total imports that came from the country :

  1. Montserrat imports from United States worth US$ 32 million, with a partner share of 67.33 percent.
  2. Montserrat imports from Antigua and Barbuda worth US$ 3 million, with a partner share of 5.57 percent.
  3. Montserrat imports from United Kingdom worth US$ 2 million, with a partner share of 4.89 percent.
  4. Montserrat imports from Trinidad and Tobago worth US$ 2 million, with a partner share of 3.83 percent.
  5. Montserrat imports from Belgium worth US$ 1 million, with a partner share of 2.92 percent.

Montserrat Top 5 Productsexports imports at HS 6 digit level 2023

The top five exported HS 6 digit level products to world by Montserrat along with trade value are:

  1. Montserrat exported Natural sands, (excl. metal-bearing sands of Ch , worth 4,142.37 (US$ Thousands).
  2. Montserrat exported Silica sands and quartz sands , worth 907.99 (US$ Thousands).
  3. Montserrat exported Pebbles, gravel, shingle and flint , worth 386.67 (US$ Thousands).
  4. Montserrat exported Automobiles with diesel engine displacing more , worth 30.44 (US$ Thousands).
  5. Montserrat exported Boring or sinking machinery nes, self-propelled , worth 20.13 (US$ Thousands).

The top five imported HS 6 digit level products from world by Montserrat along with trade value are

  1. Montserrat imported Petroleum oils, etc, (excl. crude); preparation , worth 7,108.21 (US$ Thousands).
  2. Montserrat imported Apparatus based on the use of X-rays for medica , worth 1,137.61 (US$ Thousands).
  3. Montserrat imported Generating sets,diesel or semi-diesel engines,o , worth 960.50 (US$ Thousands).
  4. Montserrat imported Propane, liquefied , worth 794.29 (US$ Thousands).
  5. Montserrat imported Beer made from malt , worth 641.73 (US$ Thousands).

Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2023

Tariffs imposed by Montserrat in 2023 are below

  • The maximum rate of tariff in percentage on any product was 65 percent.
  • The simple average tariff across all products was 11.57 percent.
  • The trade weighted average tariff was 10.47 .
  • The total duty free imports in thousands of US dollars were 11,806.93 and duty free tariff line items share was 34.37 percent.

Development Indicators 2023

Key Development Indicators of Montserrat in 2023 are below

  • Montserrat GDP in current US dollar was not available.
  • GNI per capita, Atlas method (current US$) was not available .
  • Montserrat Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was not available .

Trade Indicators 2023

Trade Indicators for Montserrat in 2023 are below

  • Hirschman Herfindahl market concentration index was 0.12.
  • Index of export market penetration was 1.19.
  • World Growth in percentage was -3.13 and Montserrat Country Growth was -6.75 .