Andorra (AND) and Italy (ITA) Trade | The Observatory of Economic Complexity

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Andorra-Italy Trade: In 2022, Andorra exported $2.31M to Italy. The main products that Andorra exported to Italy were Jewellery ($863k), Leather Footwear ($96.2k), and Papermaking Machines ($94.7k). Over the past 5 years the exports of Andorra to Italy have increased at an annualized rate of 8.07%, from $1.57M in 2017 to $2.31M in 2022.

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

Italy-Andorra Trade: In 2022, Italy exported $42.7M to Andorra. The main products that Italy exported to Andorra were Cars ($11.6M), Processed Tobacco ($4.26M), and Other Knit Garments ($2.84M). Over the past 5 years the exports of Italy to Andorra have increased at an annualized rate of 1.75%, from $39.2M in 2017 to $42.7M in 2022.

In 2022, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Andorra exported $2.31M to Italy. The main products exported from Andorra to Italy were Jewellery ($863k), Leather Footwear ($96.2k), and Papermaking Machines ($94.7k). During the last 5 years the exports of Andorra to Italy have increased at an annualized rate of 8.07%, from $1.57M in 2017 to $2.31M in 2022.

In 2017, Italy exported $42.7M to Andorra. The main products exported from Italy to Andorra were Cars ($11.6M), Processed Tobacco ($4.26M), and Other Knit Garments ($2.84M). During the last 22 years the exports of Italy to Andorra have increased at an annualized rate of 1.75%, from $39.2M in 1995 to $42.7M in 2017.

Exports from Andorra () to Italy () (2022)

Exports from Italy () to Andorra () (2022)

Latest Data

Trade between Andorra () and Italy ()

Italy Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Andorra
Top DestinationSpain$297M

Italy
Top DestinationGermany$78.5B

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

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

In 2022, countries that imported more from Italy than Andorra included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

Difference in imports from Italy () and Andorra () (2022)

Comparative Advantage Andorra - Italy

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Andorra had a large net trade with Italy in the exports of Precious Metals ($865k), Textiles ($372k), and Machines ($167k).

During 2017, Italy had a large net trade with Andorra in the exports of Transportation ($13.5M), Textiles ($11.3M), and Foodstuffs ($5.68M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Andorra () to Italy () (2022)

Exports from Italy () to Andorra () (2022)

Latest Data

Trade between Andorra () and Italy ()

Italy Exports

Market Competitiveness

Difference in imports from Italy () and Andorra () (2022)

Comparative Advantage Andorra - Italy

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Andorra () and Italy () (2022)

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