Andorra (AND) and Serbia (SRB) Trade | The Observatory of Economic Complexity

About

Andorra-Serbia In 2022, Andorra exported $133k to Serbia. The main products that Andorra exported to Serbia are Integrated Circuits ($118k), Copper Plating ($9.38k), and Refrigerators ($3.72k). During the last 16 years the exports of Andorra to Serbia have increased at an annualized rate of 5.41%, from $57.2k in 2006 to $133k in 2022.

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

Serbia-Andorra In 2022, Serbia exported $18.7k to Andorra. The main products that Serbia exported to Andorra were Other Furniture ($18.2k) and Non-woven Textiles ($521). During the last 16 years the exports of Serbia to Andorra have decreased at an annualized rate of 5.13%, from $43.4k in 2006 to $18.7k in 2022.

In 2009, Serbia exported services to Andorra worth $256k, with Personal, cultural, and recreational services ($191k), Workers' remittances ($64k), and Communications services ($752) being the largest in terms of value.

Comparison In 2022, Andorra ranked 174 in total exports ($407M), and does not have data regarding Economic Complexity Index. That same year, Serbia ranked 35 in the Economic Complexity Index (ECI 0.75), and 70 in total exports ($30.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Andorra exported $133k to Serbia. The main products exported from Andorra to Serbia were Integrated Circuits ($118k), Copper Plating ($9.38k), and Refrigerators ($3.72k). During the last 16 years the exports of Andorra to Serbia have increased at an annualized rate of 5.41%, from $57.2k in 2006 to $133k in 2022.

In 2022, Serbia exported $18.7k to Andorra. The main products exported from Serbia to Andorra were Other Furniture ($18.2k) and Non-woven Textiles ($521). During the last 15 years the exports of Serbia to Andorra have decreased at an annualized rate of 5.13%, from $43.4k in 2007 to $18.7k in 2022.

Exports from Andorra () to Serbia () (2022)

Exports from Serbia () to Andorra () (2022)

Latest Data

Trade between Andorra () and Serbia ()

Serbia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Andorra
Top DestinationSpain$297M

Serbia
Top DestinationGermany$4B

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

In 2021, countries that imported more from Andorra than Serbia were El Salvador ($3.4M), Malawi ($88.4k), and Cuba ($60.7k).

In 2021, countries that imported more from Serbia than Andorra were Germany ($4B), Bosnia and Herzegovina ($2.14B), and Italy ($2.1B).

Difference in imports from Serbia () and Andorra () (2022)

Comparative Advantage Andorra - Serbia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Andorra had a large net trade with Serbia in the exports of Machines ($123k), Metals ($9.38k), and Textiles ($358).

During 2022, Serbia had a large net trade with Andorra in the exports of Miscellaneous ($18.2k) and Textiles ($521).

Service Trade

Bilateral Service Trade

Srb Year

In 2009, Serbia exported services to Andorra worth $256k, with Personal, cultural, and recreational services ($191k), Workers' remittances ($64k), and Communications services ($752) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Serbia () to Andorra () (2009)

Economic Complexity

Competitive Landscape

Year

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 Serbia. Similarly, the more yellow a dot/product is, the more Serbia has comparative advantage over Andorra.

About

Historical Data

Bilateral Trade by Products

Exports from Andorra () to Serbia () (2022)

Exports from Serbia () to Andorra () (2022)

Latest Data

Trade between Andorra () and Serbia ()

Serbia Exports

Market Competitiveness

Difference in imports from Serbia () and Andorra () (2022)

Comparative Advantage Andorra - Serbia

Service Trade

Bilateral Service Trade

Services Exports from Serbia () to Andorra () (2009)

Economic Complexity

Competitive Landscape

Product Space of Andorra () and Serbia () (2022)

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