2022
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GDP
$3.35BCURRENT US$
Rnk 159 / 186
2012-2022
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GDP GROWTH
5.12%CURRENT US$
Rnk 155 / 186
2022
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 GDP
$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
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GDP GROWTH
42.4%CURRENT US$
Rnk 81 / 186
2022
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GDP PC 
$41,993CURRENT US$
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2012-2022
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GDP PC GROWTH
-6.48%CURRENT US$
Rnk 157 / 186
2022
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GDP PC
$7,585CURRENT US$
Rnk 88 / 186
2012-2022
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GDP PC GROWTH
61.8%CURRENT US$
Rnk 25 / 186

About

Andorra-Bosnia and Herzegovina In 2022, Andorra exported $4.06k to Bosnia and Herzegovina. The main products that Andorra exported to Bosnia and Herzegovina are Other Plastic Products ($1.87k), Centrifuges ($778), and Antifreeze ($386). During the last 19 years the exports of Andorra to Bosnia and Herzegovina have increased at an annualized rate of 9.85%, from $681 in 2003 to $4.06k in 2022.

In 2022, Andorra did not export any services to Bosnia and Herzegovina.

Bosnia and Herzegovina-Andorra In 2022, Bosnia and Herzegovina exported $760k to Andorra. The main products that Bosnia and Herzegovina exported to Andorra were Prefabricated Buildings ($539k), Leather Footwear ($62.8k), and Leather Apparel ($55.4k). During the last 19 years the exports of Bosnia and Herzegovina to Andorra have increased at an annualized rate of 35.2%, from $2.47k in 2003 to $760k in 2022.

In 2022, Bosnia and Herzegovina 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, Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Andorra exported $4.06k to Bosnia and Herzegovina. The main products exported from Andorra to Bosnia and Herzegovina were Other Plastic Products ($1.87k), Centrifuges ($778), and Antifreeze ($386). During the last 19 years the exports of Andorra to Bosnia and Herzegovina have increased at an annualized rate of 9.85%, from $681 in 2003 to $4.06k in 2022.

In 2022, Bosnia and Herzegovina exported $760k to Andorra. The main products exported from Bosnia and Herzegovina to Andorra were Prefabricated Buildings ($539k), Leather Footwear ($62.8k), and Leather Apparel ($55.4k). During the last 25 years the exports of Bosnia and Herzegovina to Andorra have increased at an annualized rate of 35.2%, from $2.47k in 1997 to $760k in 2022.

Exports from Andorra (Flag) to Bosnia and Herzegovina (Flag) (2022)

Exports from Bosnia and Herzegovina (Flag) to Andorra (Flag) (2022)

Latest Data

Trade between Andorra (Flag) and Bosnia and Herzegovina (Flag)

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Andorra
Top Destination
Spain$297M
Bosnia and Herzegovina
Top Destination
Croatia$1.47B

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

In 2021, countries that imported more from Andorra than Bosnia and Herzegovina were Spain ($297M), El Salvador ($3.4M), and Hong Kong ($1.4M).

In 2021, countries that imported more from Bosnia and Herzegovina than Andorra were Croatia ($1.47B), Germany ($1.46B), and Serbia ($1.35B).

Difference in imports from Bosnia and Herzegovina (Flag) and Andorra (Flag) (2022)

Comparative Advantage Andorra - Bosnia and Herzegovina

Flow
Scale

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

During 2022, Andorra had a large net trade with Bosnia and Herzegovina in the exports of Plastics and Rubbers ($1.87k), Machines ($1.17k), and Chemical Products ($468).

During 2022, Bosnia and Herzegovina had a large net trade with Andorra in the exports of Miscellaneous ($566k), Footwear and Headwear ($66.4k), and Animal Hides ($55.9k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Andorra has comparative advantage over Bosnia and Herzegovina. Similarly, the more yellow a dot/product is, the more Bosnia and Herzegovina has comparative advantage over Andorra.

Product Space of Andorra (Flag) and Bosnia and Herzegovina (Flag) (2022)

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