2023
Flag  
GDP
$3.79BCURRENT US$
Rnk 164 / 195
2013-2023
Flag
GDP GROWTH
18.5%CURRENT US$
Rnk 145 / 195
2023
Flag
 GDP
$212BCURRENT US$
Rnk 56 / 195
2013-2023
Flag
GDP GROWTH
56.5%CURRENT US$
Rnk 60 / 195
2023
Flag
GDP PC 
$46,812CURRENT US$
Rnk 29 / 195
2013-2023
Flag
GDP PC GROWTH
10.2%CURRENT US$
Rnk 132 / 195
2023
Flag
GDP PC
$22,142CURRENT US$
Rnk 58 / 196
2013-2023
Flag
GDP PC GROWTH
61.4%CURRENT US$
Rnk 29 / 195

About

Andorra-Hungary Trade: In 2023, Andorra exported $971k to Hungary. The main products that Andorra exported to Hungary were Cars ($866k), Broadcasting Equipment ($55.7k), and Office Machine Parts ($38.6k). Over the past 5 years the exports of Andorra to Hungary have increased at an annualized rate of 145%, from $11k in 2018 to $971k in 2023.

In 2023, Andorra did not export any services to Hungary.

Hungary-Andorra Trade: In 2023, Hungary exported $901k to Andorra. The main products that Hungary exported to Andorra were Processed Tobacco ($171k), Liquid Pumps ($116k), and Trunks and Cases ($85k). Over the past 5 years the exports of Hungary to Andorra have increased at an annualized rate of 4.22%,  from $733k in 2018 to $901k in 2023.

In 2023, Hungary did not export any services to Andorra.

Comparison In 2023,  Andorra ranked 180 in total exports ($253M), and does not have data regarding Economic Complexity Index. That same year, Hungary ranked 14 in the Economic Complexity Index (ECI 1.41), and 35 in total exports ($150B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Andorra exported $971k to Hungary. The main products exported from Andorra to Hungary were Cars ($866k), Broadcasting Equipment ($55.7k), and Office Machine Parts ($38.6k). During the last 5 years the exports of Andorra to Hungary have increased at an annualized rate of 145%, from $11k in 2018 to $971k in 2023.

In 2018, Hungary exported $901k to Andorra. The main products exported from Hungary to Andorra were Processed Tobacco ($171k), Liquid Pumps ($116k), and Trunks and Cases ($85k). During the last 5 years the exports of Hungary to Andorra have increased at an annualized rate of 4.22%, from $733k in 2023 to $901k in 2018.

Exports from Andorra (Flag) to Hungary (Flag) (2023)

Exports from Hungary (Flag) to Andorra (Flag) (2023)

Latest Data

Trade between Andorra (Flag) and Hungary (Flag)

Hungary Exports

Market Competitiveness

Color
Andorra
Top Destination
Spain$99.1M
Hungary
Top Destination
Germany$37.4B

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

In 2023, no countries were registered that imported more from Andorra than from Hungary.

In 2023, countries that imported more from Hungary than Andorra included Germany ($37.4B), Italy ($9.08B), and Romania ($8.43B).

Difference in imports from Hungary (Flag) and Andorra (Flag) (2023)

Comparative Advantage Andorra - Hungary

Flow
Scale

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

During 2023, Andorra had a large net trade with Hungary in the exports of Transportation ($866k), Machines ($96k), and Animal Hides ($3.87k).

During 2018, Hungary had a large net trade with Andorra in the exports of Machines ($327k), Foodstuffs ($223k), and Animal Hides ($85k).

Economic Complexity

Competitive Landscape

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

Product Space of Andorra (Flag) and Hungary (Flag) (2023)

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