2022
Flag  
GDP
$3.35BCURRENT US$
Rnk 159 / 186
2012-2022
Flag
GDP GROWTH
5.12%CURRENT US$
Rnk 155 / 186
2022
Flag
 GDP
$18.9BCURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP GROWTH
53.3%CURRENT US$
Rnk 55 / 186
2022
Flag
GDP PC 
$41,993CURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP PC GROWTH
-6.48%CURRENT US$
Rnk 157 / 186
2022
Flag
GDP PC
$6,803CURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP PC GROWTH
60.2%CURRENT US$
Rnk 27 / 186

About

Andorra-Albania Trade: In 2022, Andorra exported $597 to Albania. The main products that Andorra exported to Albania were Knit T-shirts ($267), Non-Knit Men's Suits ($200), and Sports Equipment ($85). Over the past 6 years the exports of Andorra to Albania have decreased at an annualized rate of 3.41%, from $735 in 2016 to $597 in 2022.

In 2022, Andorra did not export any services to Albania.

Albania-Andorra Trade: In 2022, Albania exported $171k to Andorra. The main products that Albania exported to Andorra were Textile Footwear ($88.6k), Felt or Coated Fabric Garments ($14.9k), and Non-Knit Women's Suits ($10.5k). Over the past 6 years the exports of Albania to Andorra have increased at an annualized rate of 31.6%,  from $43.1k in 2016 to $171k in 2022.

In 2022, Albania did not export any services to Andorra.

Comparison In 2022,  Andorra ranked 174 in total exports ($407M), and does not have data regarding Economic Complexity Index. That same year, Albania ranked 77 in the Economic Complexity Index (ECI -0.24), and 131 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Andorra exported $597 to Albania. The main products exported from Andorra to Albania were Knit T-shirts ($267), Non-Knit Men's Suits ($200), and Sports Equipment ($85). During the last 6 years the exports of Andorra to Albania have decreased at an annualized rate of 3.41%, from $735 in 2016 to $597 in 2022.

In 2017, Albania exported $171k to Andorra. The main products exported from Albania to Andorra were Textile Footwear ($88.6k), Felt or Coated Fabric Garments ($14.9k), and Non-Knit Women's Suits ($10.5k). During the last 5 years the exports of Albania to Andorra have increased at an annualized rate of 31.6%, from $43.1k in 2022 to $171k in 2017.

Exports from Andorra (Flag) to Albania (Flag) (2022)

Exports from Albania (Flag) to Andorra (Flag) (2022)

Market Competitiveness

Color
Andorra
Top Destination
Spain$297M
Albania
Top Destination
Italy$1.75B

This map shows whether countries import more from Andorra or Albania. Each country is colored based on the difference in imports they receive from Andorra and Albania or the difference in the growth in imports.

In 2022, countries that imported more from Andorra than Albania included El Salvador ($3.4M), Nigeria ($2.54M), and Algeria ($1.22M).

In 2022, countries that imported more from Albania than Andorra included Italy ($1.75B), Greece ($421M), and Germany ($212M).

Difference in imports from Albania (Flag) and Andorra (Flag) (2022)

Comparative Advantage Andorra - Albania

Flow
Scale

This chart compares trade between Andorra and Albania by product, considering products traded by both, Andorra and Albania.

During 2022, Andorra had a large net trade with Albania in the exports of Textiles ($467), Miscellaneous ($85), and Chemical Products ($45).

During 2017, Albania had a large net trade with Andorra in the exports of Footwear and Headwear ($96.2k), Textiles ($60.8k), and Animal Hides ($7.62k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Andorra and Albania. This means that a dot/product with the flag of Andorra indicates it has a comparative advantage over Albania. Similarly, a dot/product with the flag of Albania indicates it has a comparative advantage over Andorra.

Product Space of Andorra (Flag) and Albania (Flag) (2022)

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