Montserrat

In 2013, the value of merchandise exports of Montserrat increased substantially by 232.9 percent to reach 6.0 mln US$, while its merchandise imports increased substantially by 13.9 percent to reach 42.1 mln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a large deficit of 36.1 mln US$ (see graph 1). The largest merchandise trade balance was with MDG Developed North America at -28.7 mln US$ (see graph 4). Merchandise exports in Montserrat were highly concentrated amongst partners; imports were also highly concentrated. The top 3 partners accounted for 80 percent or more of exports and 3 partners accounted for 80 percent or more of imports (see graph 5). In 2012, the value of exports of services of Montserrat increased substantially by 11.2 percent, reaching 13.3 mln US$, while its imports of services increased slightly by 1.4 percent and reached 18.2 mln US$ (see graph 2). There was a moderate trade in services deficit of 4.9 mln US$.