2023
Flag  
GDP
$3.79BCURRENT US$
Rnk 164 / 195
2013-2023
Flag
GDP GROWTH
18.5%CURRENT US$
Rnk 145 / 195
2023
Flag
GDP PC 
$46,812CURRENT US$
Rnk 29 / 195
2013-2023
Flag
GDP PC GROWTH
10.2%CURRENT US$
Rnk 132 / 195

About

Andorra-Chinese Taipei Trade: In 2023, Andorra exported $42.5k to Chinese Taipei. The main products that Andorra exported to Chinese Taipei were Audio Alarms ($9.18k), Non-Knit Women's Suits ($8.12k), and Trunks and Cases ($7k). Over the past 5 years the exports of Andorra to Chinese Taipei have decreased at an annualized rate of 4.76%, from $54.2k in 2018 to $42.5k in 2023.

In 2023, Andorra did not export any services to Chinese Taipei.

Chinese Taipei-Andorra Trade: In 2023, Chinese Taipei exported $17.6M to Andorra. The main products that Chinese Taipei exported to Andorra were Bicycles, delivery tricycles, other cycles ($9.11M), Motorcycles and cycles ($3.21M), and Bi-Wheel Vehicle Parts ($2.96M). Over the past 5 years the exports of Chinese Taipei to Andorra have increased at an annualized rate of 32.2%,  from $4.36M in 2018 to $17.6M in 2023.

In 2023, Chinese Taipei did not export any services to Andorra.

Comparison In 2023,  Andorra ranked 180 in total exports ($253M), and does not have data regarding Economic Complexity Index. That same year, Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Andorra exported $42.5k to Chinese Taipei. The main products exported from Andorra to Chinese Taipei were Audio Alarms ($9.18k), Non-Knit Women's Suits ($8.12k), and Trunks and Cases ($7k). During the last 5 years the exports of Andorra to Chinese Taipei have decreased at an annualized rate of 4.76%, from $54.2k in 2018 to $42.5k in 2023.

In 2018, Chinese Taipei exported $17.6M to Andorra. The main products exported from Chinese Taipei to Andorra were Bicycles, delivery tricycles, other cycles ($9.11M), Motorcycles and cycles ($3.21M), and Bi-Wheel Vehicle Parts ($2.96M). During the last 5 years the exports of Chinese Taipei to Andorra have increased at an annualized rate of 32.2%, from $4.36M in 2023 to $17.6M in 2018.

Exports from Andorra (Flag) to Chinese Taipei (Flag) (2023)

Exports from Chinese Taipei (Flag) to Andorra (Flag) (2023)

Market Competitiveness

Color
Andorra
Top Destination
Spain$99.1M
Chinese Taipei
Top Destination
China$101B

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

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

In 2023, countries that imported more from Chinese Taipei than Andorra included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

Difference in imports from Chinese Taipei (Flag) and Andorra (Flag) (2023)

Comparative Advantage Andorra - Chinese Taipei

Flow
Scale

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

During 2023, Andorra had a large net trade with Chinese Taipei in the exports of Textiles ($16.3k), Machines ($11.3k), and Animal Hides ($7k).

During 2018, Chinese Taipei had a large net trade with Andorra in the exports of Transportation ($15.3M), Machines ($1.35M), and Instruments ($455k).

Economic Complexity

Competitive Landscape

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

Product Space of Andorra (Flag) and Chinese Taipei (Flag) (2023)

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