2022
Flag  
GDP
$3.35BCURRENT US$
Rnk 159 / 186
2012-2022
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GDP GROWTH
5.12%CURRENT US$
Rnk 155 / 186
2022
Flag
 GDP
$179BCURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP GROWTH
38.8%CURRENT US$
Rnk 86 / 186
2022
Flag
GDP PC 
$41,993CURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP PC GROWTH
-6.48%CURRENT US$
Rnk 157 / 186
2022
Flag
GDP PC
$18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH
42.2%CURRENT US$
Rnk 44 / 186

About

Andorra-Hungary Trade: In 2022, Andorra exported $2.09M to Hungary. The main products that Andorra exported to Hungary were Cars ($2.01M), Office Machine Parts ($34.8k), and Air Pumps ($8.52k). Over the past 5 years the exports of Andorra to Hungary have increased at an annualized rate of 188%, from $10.4k in 2017 to $2.09M in 2022.

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

Hungary-Andorra Trade: In 2022, Hungary exported $690k to Andorra. The main products that Hungary exported to Andorra were Liquid Pumps ($131k), Processed Tobacco ($123k), and Trunks and Cases ($61.5k). Over the past 5 years the exports of Hungary to Andorra have increased at an annualized rate of 5.34%,  from $532k in 2017 to $690k in 2022.

In 2022, Hungary 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, Hungary ranked 14 in the Economic Complexity Index (ECI 1.38), and 35 in total exports ($145B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Andorra exported $2.09M to Hungary. The main products exported from Andorra to Hungary were Cars ($2.01M), Office Machine Parts ($34.8k), and Air Pumps ($8.52k). During the last 5 years the exports of Andorra to Hungary have increased at an annualized rate of 188%, from $10.4k in 2017 to $2.09M in 2022.

In 2017, Hungary exported $690k to Andorra. The main products exported from Hungary to Andorra were Liquid Pumps ($131k), Processed Tobacco ($123k), and Trunks and Cases ($61.5k). During the last 5 years the exports of Hungary to Andorra have increased at an annualized rate of 5.34%, from $532k in 2022 to $690k in 2017.

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

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

Latest Data

Trade between Andorra (Flag) and Hungary (Flag)

Hungary Exports

Market Competitiveness

Color
Andorra
Top Destination
Spain$297M
Hungary
Top Destination
Germany$35.5B

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 2022, countries that imported more from Andorra than Hungary included Montserrat ($218).

In 2022, countries that imported more from Hungary than Andorra included Germany ($35.5B), Italy ($8.02B), and Romania ($7.94B).

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

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 2022, Andorra had a large net trade with Hungary in the exports of Transportation ($2.01M), Machines ($67k), and Paper Goods ($2.19k).

During 2017, Hungary had a large net trade with Andorra in the exports of Machines ($292k), Foodstuffs ($156k), and Animal Hides ($62.1k).

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) (2022)

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