2022
Flag  
GDP
$3.35BCURRENT US$
Rnk 159 / 186
2012-2022
Flag
GDP GROWTH
5.12%CURRENT US$
Rnk 155 / 186
2022
Flag
 GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC 
$41,993CURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP PC GROWTH
-6.48%CURRENT US$
Rnk 157 / 186
2022
Flag
GDP PC
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186

About

Andorra-Norway Trade: In 2022, Andorra exported $4.83M to Norway. The main products that Andorra exported to Norway were Integrated Circuits ($4.39M), Low-voltage Protection Equipment ($121k), and Light Fixtures ($95.7k). Over the past 5 years the exports of Andorra to Norway have decreased at an annualized rate of 6.26%, from $6.67M in 2017 to $4.83M in 2022.

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

Norway-Andorra Trade: In 2022, Norway exported $318k to Andorra. The main products that Norway exported to Andorra were Cars ($102k), Integrated Circuits ($81.8k), and Knit Sweaters ($32.8k). Over the past 5 years the exports of Norway to Andorra have increased at an annualized rate of 3.28%,  from $270k in 2017 to $318k in 2022.

In 2022, Norway 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, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Andorra exported $4.83M to Norway. The main products exported from Andorra to Norway were Integrated Circuits ($4.39M), Low-voltage Protection Equipment ($121k), and Light Fixtures ($95.7k). During the last 5 years the exports of Andorra to Norway have decreased at an annualized rate of 6.26%, from $6.67M in 2017 to $4.83M in 2022.

In 2017, Norway exported $318k to Andorra. The main products exported from Norway to Andorra were Cars ($102k), Integrated Circuits ($81.8k), and Knit Sweaters ($32.8k). During the last 5 years the exports of Norway to Andorra have increased at an annualized rate of 3.28%, from $270k in 2022 to $318k in 2017.

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

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

Latest Data

Trade between Andorra (Flag) and Norway (Flag)

Norway Exports

Market Competitiveness

Color
Andorra
Top Destination
Spain$297M
Norway
Top Destination
Germany$78.1B

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

In 2022, countries that imported more from Andorra than Norway included North Korea ($637).

In 2022, countries that imported more from Norway than Andorra included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Comparative Advantage Andorra - Norway

Flow
Scale

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

During 2022, Andorra had a large net trade with Norway in the exports of Machines ($4.58M), Miscellaneous ($97k), and Instruments ($61.7k).

During 2017, Norway had a large net trade with Andorra in the exports of Transportation ($102k), Machines ($97.1k), and Textiles ($82.5k).

Economic Complexity

Competitive Landscape

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

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

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