2023
Flag  
GDP
$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP GROWTH
51.4%CURRENT US$
Rnk 71 / 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 
$8,639CURRENT US$
Rnk 91 / 195
2013-2023
Flag
GDP PC GROWTH
71.6%CURRENT US$
Rnk 23 / 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

Bosnia and Herzegovina-Andorra Trade: In 2023, Bosnia and Herzegovina exported $234k to Andorra. The main products that Bosnia and Herzegovina exported to Andorra were Leather Footwear ($61.9k), Leather Apparel ($38.6k), and Seats ($21.1k). Over the past 5 years the exports of Bosnia and Herzegovina to Andorra have increased at an annualized rate of 0.8%, from $225k in 2018 to $234k in 2023.

In 2023, Bosnia and Herzegovina did not export any services to Andorra.

Andorra-Bosnia and Herzegovina Trade: In 2023, Andorra exported $1.82k to Bosnia and Herzegovina. The main products that Andorra exported to Bosnia and Herzegovina were Electrical Power Accessories ($435), Non-Knit Men's Shirts ($288), and Vacuum Cleaners ($274). Over the past 5 years the exports of Andorra to Bosnia and Herzegovina have decreased at an annualized rate of 35.1%,  from $15.8k in 2018 to $1.82k in 2023.

In 2023, Andorra did not export any services to Bosnia and Herzegovina.

Comparison In 2023,  Bosnia and Herzegovina ranked 37 in the Economic Complexity Index (ECI 0.7),  and 105 in total exports ($9.67B). 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, Bosnia and Herzegovina exported $234k to Andorra. The main products exported from Bosnia and Herzegovina to Andorra were Leather Footwear ($61.9k), Leather Apparel ($38.6k), and Seats ($21.1k). During the last 5 years the exports of Bosnia and Herzegovina to Andorra have increased at an annualized rate of 0.8%, from $225k in 2018 to $234k in 2023.

In 2018, Andorra exported $1.82k to Bosnia and Herzegovina. The main products exported from Andorra to Bosnia and Herzegovina were Electrical Power Accessories ($435), Non-Knit Men's Shirts ($288), and Vacuum Cleaners ($274). During the last 5 years the exports of Andorra to Bosnia and Herzegovina have decreased at an annualized rate of 35.1%, from $15.8k in 2023 to $1.82k in 2018.

Exports from Bosnia and Herzegovina (Flag) to Andorra (Flag) (2023)

Exports from Andorra (Flag) to Bosnia and Herzegovina (Flag) (2023)

Latest Data

Trade between Bosnia and Herzegovina (Flag) and Andorra (Flag)

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top Destination
Germany$1.48B
Andorra
Top Destination
Spain$99.1M

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

In 2023, countries that imported more from Bosnia and Herzegovina than Andorra included Germany ($1.48B), Croatia ($1.39B), and Serbia ($1.18B).

In 2023, countries that imported more from Andorra than Bosnia and Herzegovina included Spain ($99.1M), Hong Kong ($3.89M), and El Salvador ($2.76M).

Difference in imports from Andorra (Flag) and Bosnia and Herzegovina (Flag) (2023)

Comparative Advantage Bosnia and Herzegovina - Andorra

Flow
Scale

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

During 2023, Bosnia and Herzegovina had a large net trade with Andorra in the exports of Footwear and Headwear ($87.2k), Textiles ($62.8k), and Animal Hides ($41k).

During 2018, Andorra had a large net trade with Bosnia and Herzegovina in the exports of Machines ($1.07k), Textiles ($288), and Footwear and Headwear ($220).

Economic Complexity

Competitive Landscape

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

Product Space of Bosnia and Herzegovina (Flag) and Andorra (Flag) (2023)

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