2022
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GDP
$579BCURRENT US$
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2012-2022
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GDP GROWTH
16.6%CURRENT US$
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2022
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 GDP
$3.35BCURRENT US$
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2012-2022
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GDP GROWTH
5.12%CURRENT US$
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2022
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GDP PC 
$49,583CURRENT US$
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2012-2022
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GDP PC GROWTH
11%CURRENT US$
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2022
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GDP PC
$41,993CURRENT US$
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2012-2022
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GDP PC GROWTH
-6.48%CURRENT US$
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About

Belgium-Andorra In 2022, Belgium exported $9.24M to Andorra. The main products that Belgium exported to Andorra are Hard Liquor ($1.55M), Processed Tobacco ($1.37M), and Stranded Aluminium Wire ($721k). During the last 23 years the exports of Belgium to Andorra have decreased at an annualized rate of 0.13%, from $9.52M in 1999 to $9.24M in 2022.

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

Andorra-Belgium 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). During the last 23 years the exports of Andorra to Belgium have increased at an annualized rate of 1.01%, from $1.01M in 1999 to $1.27M in 2022.

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

Comparison In 2022,  Belgium ranked 17 in the Economic Complexity Index (ECI 1.28),  and 13 in total exports ($475B). That same year, Andorra ranked 174 in total exports ($407M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 23 years the exports of Belgium to Andorra have decreased at an annualized rate of 0.13%, from $9.52M in 1999 to $9.24M in 2022.

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 23 years the exports of Andorra to Belgium have increased at an annualized rate of 1.01%, from $1.01M in 1999 to $1.27M in 2022.

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

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

Market Competitiveness

Color
Belgium
Top Destination
Germany$91.9B
Andorra
Top Destination
Spain$297M

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

In 2021, countries that imported more from Belgium than Andorra were Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2019, no countries were registered that imported more from Andorra than from Belgium.

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

Comparative Advantage Belgium - Andorra

Flow
Scale

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

During 2022, Belgium had a large net trade with Andorra in the exports of Foodstuffs ($3.62M), Footwear and Headwear ($889k), and Transportation ($818k).

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

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Belgium has comparative advantage over Andorra. Similarly, the more yellow a dot/product is, the more Andorra has comparative advantage over Belgium.

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

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