Montserrat

Montserrat ranked No. 200 in total trade value through May with a total of $6.78 million. Exports totaled $6.2 million and Imports totaled $574,635, a surplus of $5.63 million.

U.S. trade with Montserrat rose to $6.13 million through May

Montserrat’s trade with the United States rose to $6.13 million through the first five months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 10.64 percent above its total trade during the same time period last year. U.S. exports to Montserrat increased 18.1 percent while U.S. imports from Montserrat fell 35.76 percent. The U.S. surplus with Montserrat was $5.14 million.

Through May, the top five among the nation’s airports, seaports and border crossings were No. 1 Port Everglades, Fla.; No. 2 Low-Valued Imports and Exports; No. 3 Port of Palm Beach, Fla.; No. 4 Dulles International Airport, Washington D.C., Va.; and No. 5 Playa de Ponce Port, P.R.. 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 Miami Int’l Airport. In the current time period, the top five accounted for 80.09 percent of Montserrat’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port Everglades, Fla. rose 47.45 percent to $1.35 million.
    Exports rose 47.45 percent to $1.35 million. There were no imports.
  • Trade with No. 2 Low-Valued Imports and Exports rose 12.05 percent to $1.24 million.
    Exports rose 12.05 percent to $1.24 million. There were no imports.
  • Trade with No. 3 Port of Palm Beach, Fla. rose 365.2 percent to $1.16 million.
    Exports rose 365.2 percent to $1.16 million. There were no imports.
  • Trade with No. 4 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.
  • Trade with No. 5 Playa de Ponce Port, P.R. totaled $652,977.
    Exports totaled $652,977. There were no imports.

Montserrat ranked No. 200 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 $1.48 trillion, down 64.27 percent compared to the same period last year. The nation’s exports dropped 64.62 percent to $582.11 billion; imports dropped 64.04 percent to $898.44 billion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $316.33 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 May were the categories of Low value shipments; Returned exports, with change; Photo-sensitive semi-conductors, parts; Gasoline, other fuels; and Computers, respectively. They accounted for 65.96 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; X-ray apparatus; and Estimates of low-value imports –– accounted for 84.81 percent of all inbound shipments.

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

  • Low value shipments rose 12.05 percent compared to last year to $1.24 million.
  • Returned exports, with change rose 33.23 percent compared to last year to $1.02 million.
  • Photo-sensitive semi-conductors, parts totaled $830,868. The previous year, there were no exports in this category.
  • Gasoline, other fuels fell 65.16 percent compared to last year to $817,977.
  • Computers rose 152.12 percent compared to last year to $182,251.

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.
  • X-ray apparatus totaled $29,870. The previous year, there were no imports in this category.
  • Estimates of low-value imports rose 120.01 percent compared to last year to $24,205.

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.