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2022
Flag → Flag
Exports $1.27MRnk 16 / 144
2022
Flag → Flag
Top Product $447kCars
2022
Flag → Flag
Exports $9.24MRnk 166 / 222
2022
Flag → Flag
Top Product $1.55MHard Liquor
2022
Flag
Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
Flag  
GDP$3.35BCURRENT US$
Rnk 159 / 186
2012-2022
Flag
GDP GROWTH5.12%CURRENT US$
Rnk 155 / 186
2022
Flag
 GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
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GDP PC $41,993CURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP PC GROWTH-6.48%CURRENT US$
Rnk 157 / 186
2022
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GDP PC$49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186

About

Andorra-Belgium Trade: In 2022, Andorra exported $1.27M to Belgium. The main products that Andorra exported to Belgium were Cars ($447k), Air Pumps ($234k), and Orthopedic Appliances ($147k). Over the past 5 years the exports of Andorra to Belgium have decreased at an annualized rate of 5.14%, from $1.65M in 2017 to $1.27M in 2022.

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

Belgium-Andorra Trade: In 2022, Belgium exported $9.24M to Andorra. The main products that Belgium exported to Andorra were Hard Liquor ($1.55M), Processed Tobacco ($1.37M), and Stranded Aluminium Wire ($721k). Over the past 5 years the exports of Belgium to Andorra have decreased at an annualized rate of 3.22%,  from $10.9M in 2017 to $9.24M in 2022.

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

Comparison In 2022,  Andorra ranked 174 in total exports ($407M), and does not have data regarding Economic Complexity Index. That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Andorra exported $1.27M to Belgium. The main products exported from Andorra to Belgium were Cars ($447k), Air Pumps ($234k), and Orthopedic Appliances ($147k). During the last 5 years the exports of Andorra to Belgium have decreased at an annualized rate of 5.14%, from $1.65M in 2017 to $1.27M in 2022.

In 2017, Belgium exported $9.24M to Andorra. The main products exported from Belgium to Andorra were Hard Liquor ($1.55M), Processed Tobacco ($1.37M), and Stranded Aluminium Wire ($721k). During the last 5 years the exports of Belgium to Andorra have decreased at an annualized rate of 3.22%, from $10.9M in 2022 to $9.24M in 2017.

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

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

Latest Data

Trade between Andorra (Flag) and Belgium (Flag)

Belgium Exports

Market Competitiveness

Color
Andorra
Top DestinationSpain$297M
Belgium
Top DestinationGermany$91.9B

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

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

In 2022, countries that imported more from Belgium than Andorra included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

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

Comparative Advantage Andorra - Belgium

Flow
Scale

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

During 2022, Andorra had a large net trade with Belgium in the exports of Transportation ($534k), Machines ($385k), and Instruments ($198k).

During 2017, Belgium had a large net trade with Andorra in the exports of Foodstuffs ($3.62M), Footwear and Headwear ($889k), and Transportation ($818k).

Economic Complexity

Competitive Landscape

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

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

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