Products Imported from China to Montserrat

In the calendar year of 2023, China exported goods worth US$511,000 to Montserrat. Among the main exports from China to Montserrat were Plastic Building Materials (US$126,000), Iron Structures (US$69,100), Broadcasting Equipment (US$52,100), Insulated Wire (US$51,933) and Aluminum Structures (US$38,938). Over the span of 28 years, China’s exports to Montserrat have grown steadily at an annualized rate of 9.03%, rising from US$49,400 in 1995 to US$511,000 in 2023.

List of All Products That Were Imported from China to Montserrat

The table below presents a comprehensive list of all commodities that were exported from China to Montserrat in 2023, categorized by product types, and ranked by their trade values in US dollars.

Tips to use this table

1. Identifying High-Demand Products: Analyze the top-ranked products to identify which items have the highest trade values. These products are likely to be in high demand in the Montserrat market, presenting lucrative opportunities for importers and resellers.
2. Niche Market Exploration: Explore products with significant trade values that may not be commonly known. These niche products could represent untapped market segments with less competition, allowing resellers and importers to carve out a unique position in the market.

Last Updated: April, 2024

Note #1: The HS4 code, or Harmonized System 4-digit code, is part of the Harmonized Commodity Description and Coding System (HS). It’s an internationally standardized system for classifying goods in international trade.

Note #2: This table is regularly updated on an annual basis. Therefore, we encourage you to revisit frequently to access the latest information regarding trade between China and Montserrat.

Trade Agreements between China and Montserrat

Trade and economic relations between China and Montserrat are very limited. Montserrat, a British Overseas Territory in the Caribbean, primarily conducts its foreign trade and diplomatic relations through the United Kingdom. This arrangement means that Montserrat itself does not independently negotiate trade agreements with other nations, including China.

Here are a few points about the broader context that might influence economic interactions between China and Montserrat:

1. UK Trade Agreements: As part of a British Overseas Territory, Montserrat is indirectly affected by trade agreements negotiated by the United Kingdom. These agreements may include provisions that impact trade and economic activities on Montserrat, particularly in terms of import/export regulations and trade tariffs.
2. Regional Cooperation: Montserrat is part of several Caribbean regional organizations and trade blocs, such as the Caribbean Community (CARICOM), which engage in broader regional trade discussions. While China has sought to increase its economic presence in the Caribbean through investment and cooperation, direct interactions with Montserrat within these frameworks are still limited.
3. Investment and Aid: Although direct trade agreements are not prominent, Chinese investment or aid in the Caribbean has occasionally included projects or aid to various territories for disaster relief, infrastructure, and healthcare, which could potentially include Montserrat, especially considering its vulnerability to natural disasters like volcanic activity.
4. Tourism and Cultural Exchange: While not formal trade agreements, initiatives that could indirectly affect economic relations include tourism and cultural exchange programs, where China promotes its culture and tourism opportunities. Given the global nature of China’s outreach, such initiatives could have an impact on a small scale in Montserrat.

Due to Montserrat’s unique political status and relatively small economy, direct trade agreements with China are not evident, and any economic interaction would largely occur within the framework of British or regional Caribbean agreements.