Montserrat

Montserrat ranked No. 195 in total trade value through June with a total of $8.63 million. Exports totaled $8 million and Imports totaled $631,680, a surplus of $7.37 million.

U.S. trade with Montserrat rose to $8.63 million through June

Montserrat’s trade with the United States rose to $8.63 million through the first six months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 2.23 percent below its total trade during the same time period last year. U.S. exports to Montserrat increased 1.19 percent while U.S. imports from Montserrat fell 31.49 percent. The U.S. surplus with Montserrat was $7.37 million.

Through June, the top five among the nation’s airports, seaports and border crossings were No. 1 Low-Valued Imports and Exports; No. 2 Port Everglades, Fla.; No. 3 Port of Palm Beach, Fla.; No. 4 Cleveland’s Hopkins International Airport, Ohio; and No. 5 Dulles International Airport, Washington D.C., Va.. During the same period the previous year, the top five were No. 1 Christiansted Port Terminal, U.S. Virgin Islands; No. 2 Low-Valued Imports and Exports; No. 3 Port Everglades, Fla.; No. 4 Dulles International Airport, Washington D.C., Va. and No. 5 Port of San Juan, Puerto Rico. In the current time period, the top five accounted for 75.15 percent of Montserrat’s U.S. trade.

Among those top five:

  • Trade with No. 1 Low-Valued Imports and Exports rose 19.53 percent to $1.61 million.
    Exports rose 19.53 percent to $1.61 million. There were no imports.
  • Trade with No. 2 Port Everglades, Fla. rose 48 percent to $1.56 million.
    Exports rose 48 percent to $1.56 million. There were no imports.
  • Trade with No. 3 Port of Palm Beach, Fla. rose 335.13 percent to $1.21 million.
    Exports rose 335.13 percent to $1.21 million. There were no imports.
  • Trade with No. 4 Cleveland’s Hopkins International Airport, Ohio rose 1505.17 percent to $1.08 million.
    Exports rose 1510.03 percent to $1.04 million. Imports rose 1381.98 percent to $37,909.
  • Trade with No. 5 Dulles International Airport, Washington D.C., Va. rose 33.31 percent to $1.02 million.
    Exports rose 33.23 percent to $1.02 million. Imports totaled $630.

Montserrat ranked No. 195 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 201.

Meanwhile, total U.S. trade with the world increased to $1.77 trillion, down 57.4 percent compared to the same period last year. The nation’s exports dropped 58.23 percent to $687.16 billion; imports dropped 56.85 percent to $1.08 trillion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $391.01 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Montserrat by value through June were the categories of Returned exports, with change; Low value shipments; Gasoline, other fuels; Photo-sensitive semi-conductors, parts; and Prepared foods, beverages, respectively. They accounted for 69.38 percent of total exports to Montserrat.

The value of the top five categories of U.S. imports from Montserrat –– Computer chips; Returned exports, without change; Computers; Medical technology; and X-ray apparatus –– accounted for 81.24 percent of all inbound shipments.

Looking more closely at U.S. exports to Montserrat:

  • Returned exports, with change rose 158.81 percent compared to last year to $1.98 million.
  • Low value shipments rose 19.53 percent compared to last year to $1.61 million.
  • Gasoline, other fuels fell 67.85 percent compared to last year to $925,683.
  • Photo-sensitive semi-conductors, parts totaled $830,868. The previous year, there were no exports in this category.
  • Prepared foods, beverages rose 103.52 percent compared to last year to $198,364.

Looking more closely at U.S. imports from Montserrat:

  • Computer chips totaled $292,511. The previous year, there were no imports in this category.
  • Returned exports, without change fell 51.11 percent compared to last year to $70,739.
  • Computers totaled $70,030. The previous year, there were no imports in this category.
  • Medical technology rose 766.1 percent compared to last year to $50,000.
  • X-ray apparatus totaled $29,870. The previous year, there were no imports in this category.

In the latest annual figures available, Montserrat recorded $17.2 million in trade with the United States. Total U.S. exports to Montserrat were $ 15.85 million and imports from Montserrat were $1.35 million. The U.S. surplus with Montserrat was $14.51 million.