2023
Flag  
GDP
$24.1BCURRENT US$
Rnk 114 / 195
2013-2023
Flag
GDP GROWTH
117%CURRENT US$
Rnk 9 / 195
2023
Flag
 GDP
$3.79BCURRENT US$
Rnk 164 / 195
2013-2023
Flag
GDP GROWTH
18.5%CURRENT US$
Rnk 145 / 195
2023
Flag
GDP PC 
$8,053CURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP PC GROWTH
119%CURRENT US$
Rnk 4 / 195
2023
Flag
GDP PC
$46,812CURRENT US$
Rnk 29 / 196
2013-2023
Flag
GDP PC GROWTH
10.2%CURRENT US$
Rnk 132 / 195

About

Armenia-Andorra Trade: In 2023, Armenia exported $157k to Andorra. The main products that Armenia exported to Andorra were Non-Knit Men's Coats ($108k), Non-Knit Men's Suits ($20.6k), and Non-Knit Women's Coats ($18.5k). Over the past 5 years the exports of Armenia to Andorra have decreased at an annualized rate of 2.45%, from $178k in 2018 to $157k in 2023.

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

Andorra-Armenia Trade: In 2023, Andorra exported $40.8k to Armenia. The main products that Andorra exported to Armenia were Other Furniture ($28.1k), Non-Knit Women's Shirts ($4.88k), and Liquid Pumps ($1.95k). Over the past 5 years the exports of Andorra to Armenia have increased at an annualized rate of 41.8%,  from $7.1k in 2018 to $40.8k in 2023.

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

Comparison In 2023,  Armenia ranked 57 in the Economic Complexity Index (ECI 0.094),  and 107 in total exports ($9.02B). That same year, Andorra ranked 180 in total exports ($253M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Armenia exported $157k to Andorra. The main products exported from Armenia to Andorra were Non-Knit Men's Coats ($108k), Non-Knit Men's Suits ($20.6k), and Non-Knit Women's Coats ($18.5k). During the last 5 years the exports of Armenia to Andorra have decreased at an annualized rate of 2.45%, from $178k in 2018 to $157k in 2023.

In 2018, Andorra exported $40.8k to Armenia. The main products exported from Andorra to Armenia were Other Furniture ($28.1k), Non-Knit Women's Shirts ($4.88k), and Liquid Pumps ($1.95k). During the last 5 years the exports of Andorra to Armenia have increased at an annualized rate of 41.8%, from $7.1k in 2023 to $40.8k in 2018.

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

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

Market Competitiveness

Color
Armenia
Top Destination
Russia$3.38B
Andorra
Top Destination
Spain$99.1M

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 2023, countries that imported more from Armenia than Andorra included Russia ($3.38B), United Arab Emirates ($2.25B), and Hong Kong ($669M).

In 2023, countries that imported more from Andorra than Armenia included Spain ($99.1M), France ($27.4M), and El Salvador ($2.76M).

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

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 2023, Armenia had a large net trade with Andorra in the exports of Textiles ($157k) and Footwear and Headwear ($584).

During 2018, Andorra had a large net trade with Armenia in the exports of Miscellaneous ($28.2k), Textiles ($7.76k), and Machines ($2.52k).

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) (2023)

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