2023
Flag  
GDP
$3.79BCURRENT US$
Rnk 164 / 195
2013-2023
Flag
GDP GROWTH
18.5%CURRENT US$
Rnk 145 / 195
2023
Flag
 GDP
$81.3BCURRENT US$
Rnk 77 / 195
2013-2023
Flag
GDP GROWTH
61.2%CURRENT US$
Rnk 53 / 195
2023
Flag
GDP PC 
$46,812CURRENT US$
Rnk 29 / 195
2013-2023
Flag
GDP PC GROWTH
10.2%CURRENT US$
Rnk 132 / 195
2023
Flag
GDP PC
$12,282CURRENT US$
Rnk 82 / 196
2013-2023
Flag
GDP PC GROWTH
74.4%CURRENT US$
Rnk 20 / 195

About

Andorra-Serbia Trade: In 2023, Andorra exported $18.3k to Serbia. The main products that Andorra exported to Serbia were Textile Footwear ($3.84k), Non-Knit Men's Suits ($2.35k), and Non-Knit Women's Suits ($1.82k). Over the past 5 years the exports of Andorra to Serbia have decreased at an annualized rate of 28.7%, from $99.4k in 2018 to $18.3k in 2023.

In 2023, Andorra did not export any services to Serbia.

Serbia-Andorra Trade: In 2023, Serbia exported $31.9k to Andorra. The main products that Serbia exported to Andorra were Brooms ($9.79k), Other Paper Machinery ($7.32k), and Mattresses ($6.68k). Over the past 5 years the exports of Serbia to Andorra have decreased at an annualized rate of 9.21%,  from $51.7k in 2018 to $31.9k in 2023.

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 2023,  Andorra ranked 180 in total exports ($253M), and does not have data regarding Economic Complexity Index. That same year, Serbia ranked 35 in the Economic Complexity Index (ECI 0.76), and 69 in total exports ($32.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Andorra exported $18.3k to Serbia. The main products exported from Andorra to Serbia were Textile Footwear ($3.84k), Non-Knit Men's Suits ($2.35k), and Non-Knit Women's Suits ($1.82k). During the last 5 years the exports of Andorra to Serbia have decreased at an annualized rate of 28.7%, from $99.4k in 2018 to $18.3k in 2023.

In 2018, Serbia exported $31.9k to Andorra. The main products exported from Serbia to Andorra were Brooms ($9.79k), Other Paper Machinery ($7.32k), and Mattresses ($6.68k). During the last 5 years the exports of Serbia to Andorra have decreased at an annualized rate of 9.21%, from $51.7k in 2023 to $31.9k in 2018.

Exports from Andorra (Flag) to Serbia (Flag) (2023)

Exports from Serbia (Flag) to Andorra (Flag) (2023)

Latest Data

Trade between Andorra (Flag) and Serbia (Flag)

Serbia Exports

Market Competitiveness

Color
Andorra
Top Destination
Spain$99.1M
Serbia
Top Destination
Germany$4.76B

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 2023, countries that imported more from Andorra than Serbia included El Salvador ($2.76M), Bahamas ($379k), and Liberia ($210k).

In 2023, countries that imported more from Serbia than Andorra included Germany ($4.76B), Hungary ($2.26B), and Bosnia and Herzegovina ($1.77B).

Difference in imports from Serbia (Flag) and Andorra (Flag) (2023)

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 2023, Andorra had a large net trade with Serbia in the exports of Textiles ($8.86k), Footwear and Headwear ($5.87k), and Miscellaneous ($864).

During 2018, Serbia had a large net trade with Andorra in the exports of Miscellaneous ($16.5k), Machines ($7.32k), and Plastics and Rubbers ($5.86k).

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) (2023)

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