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2023
Flag → Flag
Exports $901kRnk 157 / 201
2023
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Top Product $171kProcessed Tobacco
2023
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Exports $971kRnk 21 / 144
2023
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Top Product $866kCars
2023
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Economic Complexity (ECI) ECI 1.41Rnk 14 / 132
2023
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GDP$212BCURRENT US$
Rnk 56 / 195
2013-2023
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GDP GROWTH56.5%CURRENT US$
Rnk 60 / 195
2023
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 GDP$3.79BCURRENT US$
Rnk 164 / 195
2013-2023
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GDP GROWTH18.5%CURRENT US$
Rnk 145 / 195
2023
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GDP PC $22,142CURRENT US$
Rnk 58 / 195
2013-2023
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GDP PC GROWTH61.4%CURRENT US$
Rnk 29 / 195
2023
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GDP PC$46,812CURRENT US$
Rnk 29 / 196
2013-2023
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GDP PC GROWTH10.2%CURRENT US$
Rnk 132 / 195

About

Hungary-Andorra Trade: In 2023, Hungary exported $901k to Andorra. The main products that Hungary exported to Andorra were Processed Tobacco ($171k), Liquid Pumps ($116k), and Trunks and Cases ($85k). Over the past 5 years the exports of Hungary to Andorra have increased at an annualized rate of 4.22%, from $733k in 2018 to $901k in 2023.

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

Andorra-Hungary Trade: In 2023, Andorra exported $971k to Hungary. The main products that Andorra exported to Hungary were Cars ($866k), Broadcasting Equipment ($55.7k), and Office Machine Parts ($38.6k). Over the past 5 years the exports of Andorra to Hungary have increased at an annualized rate of 145%,  from $11k in 2018 to $971k in 2023.

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

Comparison In 2023,  Hungary ranked 14 in the Economic Complexity Index (ECI 1.41),  and 35 in total exports ($150B). 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, Hungary exported $901k to Andorra. The main products exported from Hungary to Andorra were Processed Tobacco ($171k), Liquid Pumps ($116k), and Trunks and Cases ($85k). During the last 5 years the exports of Hungary to Andorra have increased at an annualized rate of 4.22%, from $733k in 2018 to $901k in 2023.

In 2018, Andorra exported $971k to Hungary. The main products exported from Andorra to Hungary were Cars ($866k), Broadcasting Equipment ($55.7k), and Office Machine Parts ($38.6k). During the last 5 years the exports of Andorra to Hungary have increased at an annualized rate of 145%, from $11k in 2023 to $971k in 2018.

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

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

Latest Data

Trade between Hungary (Flag) and Andorra (Flag)

Hungary Exports

Market Competitiveness

Color
Hungary
Top DestinationGermany$37.4B
Andorra
Top DestinationSpain$99.1M

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

In 2023, countries that imported more from Hungary than Andorra included Germany ($37.4B), Italy ($9.08B), and Romania ($8.43B).

In 2023, no countries were registered that imported more from Andorra than from Hungary.

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

Comparative Advantage Hungary - Andorra

Flow
Scale

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

During 2023, Hungary had a large net trade with Andorra in the exports of Machines ($327k), Foodstuffs ($223k), and Animal Hides ($85k).

During 2018, Andorra had a large net trade with Hungary in the exports of Transportation ($866k), Machines ($96k), and Animal Hides ($3.87k).

Economic Complexity

Competitive Landscape

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

Product Space of Hungary (Flag) and Andorra (Flag) (2023)

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