Andorra (AND) and Vietnam (VNM) Trade | The Observatory of Economic Complexity

About

Andorra-Vietnam Trade: In 2022, Andorra exported $28.5k to Vietnam. The main products that Andorra exported to Vietnam were High-voltage Protection Equipment ($21.7k), Paintings ($6.71k), and Non-Knit Women's Suits ($176). Over the past 5 years the exports of Andorra to Vietnam have increased at an annualized rate of 65.5%, from $2.3k in 2017 to $28.5k in 2022.

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

Vietnam-Andorra Trade: In 2022, Vietnam exported $7.73M to Andorra. The main products that Vietnam exported to Andorra were Textile Footwear ($1.36M), Felt or Coated Fabric Garments ($844k), and Non-Knit Active Wear ($733k). Over the past 5 years the exports of Vietnam to Andorra have decreased at an annualized rate of 16.9%, from $19.5M in 2017 to $7.73M in 2022.

In 2022, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Andorra exported $28.5k to Vietnam. The main products exported from Andorra to Vietnam were High-voltage Protection Equipment ($21.7k), Paintings ($6.71k), and Non-Knit Women's Suits ($176). During the last 5 years the exports of Andorra to Vietnam have increased at an annualized rate of 65.5%, from $2.3k in 2017 to $28.5k in 2022.

In 2017, Vietnam exported $7.73M to Andorra. The main products exported from Vietnam to Andorra were Textile Footwear ($1.36M), Felt or Coated Fabric Garments ($844k), and Non-Knit Active Wear ($733k). During the last 5 years the exports of Vietnam to Andorra have decreased at an annualized rate of 16.9%, from $19.5M in 2022 to $7.73M in 2017.

Exports from Andorra () to Vietnam () (2022)

Exports from Vietnam () to Andorra () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Andorra
Top DestinationSpain$297M

Vietnam
Top DestinationUnited States$117B

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

In 2022, countries that imported more from Andorra than Vietnam included Honduras ($649k), Cuba ($60.7k), and Cayman Islands ($942).

In 2022, countries that imported more from Vietnam than Andorra included United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

Comparative Advantage Andorra - Vietnam

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Andorra had a large net trade with Vietnam in the exports of Machines ($21.7k), Arts and Antiques ($6.71k), and Textiles ($176).

During 2017, Vietnam had a large net trade with Andorra in the exports of Textiles ($3.2M), Footwear and Headwear ($2.69M), and Animal Hides ($848k).

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 Vietnam. This means that a dot/product with the flag of Andorra indicates it has a comparative advantage over Vietnam. Similarly, a dot/product with the flag of Vietnam indicates it has a comparative advantage over Andorra.

About

Historical Data

Bilateral Trade by Products

Exports from Andorra () to Vietnam () (2022)

Exports from Vietnam () to Andorra () (2022)

Market Competitiveness

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

Comparative Advantage Andorra - Vietnam

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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