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Montserrat – Trade Statistics

  • The most exported products from the Montserrat are Sand($1.56M), Computers($468k), Other construction vehicles($401k), Gravel and crushed stone($380k), Rolled tobacco($304k), Coated flat- Rolled iron($208k), etc. The net export value is $4.95M.
  • The top export destinations of Montserrat are United States($1.47M), France($761k), Saint Kitts and Nevis($748k), Trinidad and Tobago($326k), Australia($271k), Canada($255k), Anguilla($185k), etc.
  • The common imported products into the Montserrat are Refined petroleum($12.5M), Scrap iron($4.54M), Recreational boats($2.7M), Coated flat-Rolled iron($2.25M), Cars($1.38M), Telephones($1.35M), etc. The net import value is $53M.
  • The top import origins of Montserrat are United States($29.5M), United Kingdom($8.76M), Trinidad and Tobago($2.35M), Poland($2.1M), Italy($1.66M), Canada($900k), France($850k), etc
  • The minimum share capital is EC$1; there is no maximum. Two subscribers are required to form a private company; a public company requires five. Company formation is a simple matter, requiring the drafting of a memorandum and articles of association and filing these with the Registrar of Companies. The cost is approximately EC$1,500 ($552).
  • Every industry, manufacture, trade, business, and engagement in commercial activity of any kind, whether conducted by an individual or a partnership, is classified as a business and must register under the Registration of Business Names Ordinance. There are forms available at the Registrars Office, and it is also necessary to obtain a Trade license from the Treasury. Not included in this definition are corporations, the business of farming and fishing, the provision of services in the course of employment, and the practice of a profession.