2022
Flag  
GDP
$3.35BCURRENT US$
Rnk 159 / 186
2012-2022
Flag
GDP GROWTH
5.12%CURRENT US$
Rnk 155 / 186
2022
Flag
 GDP
$63.5BCURRENT US$
Rnk 84 / 186
2012-2022
Flag
GDP GROWTH
46.6%CURRENT US$
Rnk 71 / 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
$9,394CURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP PC GROWTH
56.1%CURRENT US$
Rnk 32 / 186

About

Andorra-Serbia Trade: In 2022, Andorra exported $133k to Serbia. The main products that Andorra exported to Serbia were Integrated Circuits ($118k), Copper Plating ($9.38k), and Refrigerators ($3.72k). Over the past 5 years the exports of Andorra to Serbia have increased at an annualized rate of 28.9%, from $37.3k in 2017 to $133k in 2022.

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

Serbia-Andorra Trade: 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). Over the past 5 years the exports of Serbia to Andorra have decreased at an annualized rate of 2.38%,  from $21.1k in 2017 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 36 in the Economic Complexity Index (ECI 0.75), and 70 in total exports ($30.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

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 5 years the exports of Andorra to Serbia have increased at an annualized rate of 28.9%, from $37.3k in 2017 to $133k in 2022.

In 2017, 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 5 years the exports of Serbia to Andorra have decreased at an annualized rate of 2.38%, from $21.1k in 2022 to $18.7k in 2017.

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

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

Latest Data

Trade between Andorra (Flag) and Serbia (Flag)

Serbia Exports

Market Competitiveness

Color
Andorra
Top Destination
Spain$297M
Serbia
Top Destination
Germany$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 2022, countries that imported more from Andorra than Serbia included El Salvador ($3.4M), Malawi ($88.4k), and Cuba ($60.7k).

In 2022, countries that imported more from Serbia than Andorra included Germany ($4B), Bosnia and Herzegovina ($2.14B), and Italy ($2.1B).

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

Comparative Advantage Andorra - Serbia

Flow
Scale

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 2017, Serbia had a large net trade with Andorra in the exports of Miscellaneous ($18.2k) and Textiles ($521).

Economic Complexity

Competitive Landscape

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

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

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