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Pricing

2022
Flag → Flag
Exports $195kRnk 82 / 129
2022
Flag → Flag
Top Product $99.1kOther Knit Garments
2022
Flag → Flag
Exports $10.4kRnk 101 / 144
2022
Flag → Flag
Top Product $1.53kLeather Footwear
2022
Flag
Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
Flag  
GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP$3.35BCURRENT US$
Rnk 159 / 186
2012-2022
Flag
GDP GROWTH5.12%CURRENT US$
Rnk 155 / 186
2022
Flag
GDP PC $7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186
2022
Flag
GDP PC$41,993CURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP PC GROWTH-6.48%CURRENT US$
Rnk 157 / 186

About

Armenia-Andorra Trade: In 2022, Armenia exported $195k to Andorra. The main products that Armenia exported to Andorra were Other Knit Garments ($99.1k), Non-Knit Men's Coats ($33.9k), and Non-Knit Men's Suits ($20.5k). Over the past 5 years the exports of Armenia to Andorra have increased at an annualized rate of 20.1%, from $78k in 2017 to $195k in 2022.

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

Andorra-Armenia Trade: In 2022, Andorra exported $10.4k to Armenia. The main products that Andorra exported to Armenia were Leather Footwear ($1.53k), Used Clothing ($1.25k), and Shaving Products ($1.01k). Over the past 5 years the exports of Andorra to Armenia have increased at an annualized rate of 30.8%,  from $2.73k in 2017 to $10.4k in 2022.

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

Comparison In 2022,  Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081),  and 122 in total exports ($5.78B). That same year, Andorra ranked 174 in total exports ($407M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $195k to Andorra. The main products exported from Armenia to Andorra were Other Knit Garments ($99.1k), Non-Knit Men's Coats ($33.9k), and Non-Knit Men's Suits ($20.5k). During the last 5 years the exports of Armenia to Andorra have increased at an annualized rate of 20.1%, from $78k in 2017 to $195k in 2022.

In 2017, Andorra exported $10.4k to Armenia. The main products exported from Andorra to Armenia were Leather Footwear ($1.53k), Used Clothing ($1.25k), and Shaving Products ($1.01k). During the last 5 years the exports of Andorra to Armenia have increased at an annualized rate of 30.8%, from $2.73k in 2022 to $10.4k in 2017.

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

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

Market Competitiveness

Color
Armenia
Top DestinationRussia$2.36B
Andorra
Top DestinationSpain$297M

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

In 2022, countries that imported more from Armenia than Andorra included Russia ($2.36B), United Arab Emirates ($535M), and China ($420M).

In 2022, countries that imported more from Andorra than Armenia included Spain ($297M), France ($25.5M), and Norway ($4.83M).

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

Comparative Advantage Armenia - Andorra

Flow
Scale

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

During 2022, Armenia had a large net trade with Andorra in the exports of Textiles ($195k).

During 2017, Andorra had a large net trade with Armenia in the exports of Textiles ($4.65k), Footwear and Headwear ($2.13k), and Chemical Products ($1.01k).

Economic Complexity

Competitive Landscape

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

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

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