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2022
Flag → Flag
Exports $50.5kRnk 75 / 144
2022
Flag → Flag
Top Product $39.6kHigh-voltage Protection Equipment
2022
Flag → Flag
Exports $1.09MRnk 143 / 206
2022
Flag → Flag
Top Product $460kSports Equipment
2022
Flag
Economic Complexity (ECI) ECI 0.68Rnk 38 / 133
2022
Flag  
GDP$3.35BCURRENT US$
Rnk 159 / 186
2012-2022
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GDP GROWTH5.12%CURRENT US$
Rnk 155 / 186
2022
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 GDP$89BCURRENT US$
Rnk 70 / 186
2012-2022
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GDP GROWTH64%CURRENT US$
Rnk 37 / 186
2022
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GDP PC $41,993CURRENT US$
Rnk 25 / 186
2012-2022
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GDP PC GROWTH-6.48%CURRENT US$
Rnk 157 / 186
2022
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GDP PC$13,772CURRENT US$
Rnk 64 / 186
2012-2022
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GDP PC GROWTH85.3%CURRENT US$
Rnk 13 / 186

About

Andorra-Bulgaria Trade: In 2022, Andorra exported $50.5k to Bulgaria. The main products that Andorra exported to Bulgaria were High-voltage Protection Equipment ($39.6k), Leather Footwear ($3.14k), and Low-voltage Protection Equipment ($2.47k). Over the past 5 years the exports of Andorra to Bulgaria have increased at an annualized rate of 17.1%, from $22.9k in 2017 to $50.5k in 2022.

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

Bulgaria-Andorra Trade: In 2022, Bulgaria exported $1.09M to Andorra. The main products that Bulgaria exported to Andorra were Sports Equipment ($460k), Non-Knit Active Wear ($148k), and Tobacco Processing Machines ($64k). Over the past 5 years the exports of Bulgaria to Andorra have increased at an annualized rate of 6.13%,  from $716k in 2017 to $1.09M in 2022.

In 2022, Bulgaria 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, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Andorra exported $50.5k to Bulgaria. The main products exported from Andorra to Bulgaria were High-voltage Protection Equipment ($39.6k), Leather Footwear ($3.14k), and Low-voltage Protection Equipment ($2.47k). During the last 5 years the exports of Andorra to Bulgaria have increased at an annualized rate of 17.1%, from $22.9k in 2017 to $50.5k in 2022.

In 2017, Bulgaria exported $1.09M to Andorra. The main products exported from Bulgaria to Andorra were Sports Equipment ($460k), Non-Knit Active Wear ($148k), and Tobacco Processing Machines ($64k). During the last 5 years the exports of Bulgaria to Andorra have increased at an annualized rate of 6.13%, from $716k in 2022 to $1.09M in 2017.

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

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

Latest Data

Trade between Andorra (Flag) and Bulgaria (Flag)

Bulgaria Exports

Market Competitiveness

Color
Andorra
Top DestinationSpain$297M
Bulgaria
Top DestinationGermany$6.91B

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

In 2022, countries that imported more from Andorra than Bulgaria included North Korea ($637).

In 2022, countries that imported more from Bulgaria than Andorra included Germany ($6.91B), Romania ($6.55B), and Italy ($3.85B).

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

Comparative Advantage Andorra - Bulgaria

Flow
Scale

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

During 2022, Andorra had a large net trade with Bulgaria in the exports of Machines ($42.1k), Footwear and Headwear ($4.72k), and Textiles ($1.63k).

During 2017, Bulgaria had a large net trade with Andorra in the exports of Miscellaneous ($463k), Textiles ($374k), and Machines ($78.2k).

Economic Complexity

Competitive Landscape

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

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

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