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Pricing

2022
Flag → Flag
Exports $1.22BRnk 44 / 218
2022
Flag → Flag
Top Product $79.8MRefined Petroleum
2022
Flag → Flag
Exports $297MRnk 1 / 144
2022
Flag → Flag
Top Product $210MPaintings
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
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 GDP$3.35BCURRENT US$
Rnk 159 / 186
2012-2022
Flag
GDP GROWTH5.12%CURRENT US$
Rnk 155 / 186
2022
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GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
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GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
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GDP PC$41,993CURRENT US$
Rnk 25 / 186
2012-2022
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GDP PC GROWTH-6.48%CURRENT US$
Rnk 157 / 186

About

Spain-Andorra Trade: In 2022, Spain exported $1.22B to Andorra. The main products that Spain exported to Andorra were Refined Petroleum ($79.8M), Cars ($62.5M), and Electricity ($55.1M). Over the past 5 years the exports of Spain to Andorra have increased at an annualized rate of 5.17%, from $946M in 2017 to $1.22B in 2022.

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

Andorra-Spain Trade: In 2022, Andorra exported $297M to Spain. The main products that Andorra exported to Spain were Paintings ($210M), Integrated Circuits ($22.7M), and Orthopedic Appliances ($12.5M). Over the past 5 years the exports of Andorra to Spain have increased at an annualized rate of 34.7%,  from $67.1M in 2017 to $297M in 2022.

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

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81),  and 20 in total exports ($394B). That same year, Andorra ranked 174 in total exports ($407M), and does not have data regarding Economic Complexity Index.

Latest Trends

July, 2024

About

Overview In July 2024, Spain exported €117M and imported €2.86M from Andorra, resulting in a positive trade balance of €114M. Between July 2023 and July 2024 the exports of Spain have increased by €8.75M (8.11%) from €108M to €117M, while imports decreased by €-237k (-7.66%) from €3.1M to €2.86M.

Trade In July 2024, the top exports of Spain to Andorra were Cars (€8.68M), Refined Petroleum (€7.93M), Electricity (€5.41M), Telephones (€2.97M), and Perfumes (€2.85M). In July 2024 the top imports of Spain from Andorra were Blank Audio Media (€1.45M), Orthopedic Appliances (€744k), Cigarette Paper (€323k), Tractors (€89k), and Textile Footwear (€39.6k).

Origins In July 2024 the exports of Spain were mainly from Barcelona (€40.1M), Madrid (€31.8M), Lleida (€9.82M), Girona (€5.62M), and Valencia (€4.83M), while imports destinations were mainly Barcelona (€2.75M), Lleida (€50.7k), Madrid (€37.3k), Tarragona (€6.89k), and Valencia (€3.37k).

Growth In July 2024, the increase in Spain's year-by-year exports to Andorra was explained primarily by an increase in product exports in Cars (€3.45M or 65.9%), Refined Petroleum (€2.32M or 41.3%), and Perfumes (€1.86M or 189%). In July 2024, the decrease in Spain's year-by-year imports  from Andorra was explained primarily by an decrease in product imports  in Cigarette Paper (€-122k or -27.4%), Cars (€-108k or -94.7%), and Horses (€-4.8k or -85.7%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)€8.75M(8.11%)
IMPORT GROWTH (July 2023 - July 2024)€-237k(-7.66%)
MAIN EXPORTER (July 2024)Barcelona€40.1M

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Andorra and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $1.22B to Andorra. The main products exported from Spain to Andorra were Refined Petroleum ($79.8M), Cars ($62.5M), and Electricity ($55.1M). During the last 5 years the exports of Spain to Andorra have increased at an annualized rate of 5.17%, from $946M in 2017 to $1.22B in 2022.

In 2017, Andorra exported $297M to Spain. The main products exported from Andorra to Spain were Paintings ($210M), Integrated Circuits ($22.7M), and Orthopedic Appliances ($12.5M). During the last 5 years the exports of Andorra to Spain have increased at an annualized rate of 34.7%, from $67.1M in 2022 to $297M in 2017.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Andorra
Top DestinationSpain$297M

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

In 2022, countries that imported more from Spain than Andorra included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, no countries were registered that imported more from Andorra than from Spain.

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

Comparative Advantage Spain - Andorra

Flow
Scale

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

During 2022, Spain had a large net trade with Andorra in the exports of Machines ($166M), Foodstuffs ($163M), and Mineral Products ($150M).

During 2017, Andorra had a large net trade with Spain in the exports of Arts and Antiques ($210M), Machines ($28.4M), and Instruments ($14.5M).

Economic Complexity

Competitive Landscape

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

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

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