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2023
Flag → Flag
Exports $8.69MRnk 168 / 220
2023
Flag → Flag
Top Product $1.4MProcessed Tobacco
2023
Flag → Flag
Exports $1.25MRnk 17 / 144
2023
Flag → Flag
Top Product $784kCars
2023
Flag
Economic Complexity (ECI) ECI 1.23Rnk 20 / 132
2023
Flag  
GDP$645BCURRENT US$
Rnk 23 / 195
2013-2023
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GDP GROWTH23%CURRENT US$
Rnk 132 / 195
2023
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 GDP$3.79BCURRENT US$
Rnk 164 / 195
2013-2023
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GDP GROWTH18.5%CURRENT US$
Rnk 145 / 195
2023
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GDP PC $54,701CURRENT US$
Rnk 20 / 195
2013-2023
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GDP PC GROWTH16.5%CURRENT US$
Rnk 113 / 195
2023
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GDP PC$46,812CURRENT US$
Rnk 29 / 196
2013-2023
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GDP PC GROWTH10.2%CURRENT US$
Rnk 132 / 195

About

Belgium-Andorra Trade: In 2023, Belgium exported $8.69M to Andorra. The main products that Belgium exported to Andorra were Processed Tobacco ($1.4M), Hard Liquor ($1.35M), and Cars ($1.09M). Over the past 5 years the exports of Belgium to Andorra have increased at an annualized rate of 10.5%, from $5.28M in 2018 to $8.69M in 2023.

In 2023, Belgium did not export any services to Andorra.

Andorra-Belgium Trade: In 2023, Andorra exported $1.25M to Belgium. The main products that Andorra exported to Belgium were Cars ($784k), Other Printed Material ($100k), and Felt or Coated Fabric Garments ($73.7k). Over the past 5 years the exports of Andorra to Belgium have increased at an annualized rate of 20.4%,  from $492k in 2018 to $1.25M in 2023.

In 2023, Andorra did not export any services to Belgium.

Comparison In 2023,  Belgium ranked 20 in the Economic Complexity Index (ECI 1.23),  and 13 in total exports ($437B). That same year, Andorra ranked 180 in total exports ($253M), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Belgium exported €904k and imported €569 from Andorra, resulting in a positive trade balance of €903k. Between November 2023 and November 2024 the exports of Belgium have increased by €629k (229%) from €275k to €904k, while imports decreased by €-261k (-99.8%) from €261k to €569.

Trade In November 2024, the top exports of Belgium to Andorra were Cars, tractors, trucks & parts thereof. (€255k), Tobacco & substitutes (€229k), Beverages, spirits, & vinegar (€113k), Electrical machinery and electronics (€64.8k), and Leather articles (€45.6k). In November 2024 the top imports of Belgium from Andorra were Precious stones, metals, & pearls (€227k), Cars, tractors, trucks & parts thereof. (€224k), Machinery, mechanical appliances, & parts (€88.3k), Optical, photo, & film equipment; medical... (€1.03k), and Footwear (€332).

Growth In November 2024, the increase in Belgium's year-by-year exports to Andorra was explained primarily by an increase in product exports in Cars, tractors, trucks & parts thereof. (€255k or 911k%), Electrical machinery and electronics (€62.3k or 2.42k%), and Machinery, mechanical appliances, & parts (€18.8k or 1.04k%). In November 2024, the decrease in Belgium's year-by-year imports  from Andorra was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)€629k(229%)
IMPORT GROWTH (November 2023 - November 2024)€-261k(-99.8%)

This section shows exports and imports data at subnational level for Belgium. Click any date in the line plot or any product to explore the exports or imports behavior of Belgium over time.

To check Andorra and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Andorra and Belgium Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belgium exported $8.69M to Andorra. The main products exported from Belgium to Andorra were Processed Tobacco ($1.4M), Hard Liquor ($1.35M), and Cars ($1.09M). During the last 5 years the exports of Belgium to Andorra have increased at an annualized rate of 10.5%, from $5.28M in 2018 to $8.69M in 2023.

In 2018, Andorra exported $1.25M to Belgium. The main products exported from Andorra to Belgium were Cars ($784k), Other Printed Material ($100k), and Felt or Coated Fabric Garments ($73.7k). During the last 5 years the exports of Andorra to Belgium have increased at an annualized rate of 20.4%, from $492k in 2023 to $1.25M in 2018.

Exports from Belgium (Flag) to Andorra (Flag) (2023)

Exports from Andorra (Flag) to Belgium (Flag) (2023)

Market Competitiveness

Color
Belgium
Top DestinationFrance$85.6B
Andorra
Top DestinationSpain$99.1M

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 2023, countries that imported more from Belgium than Andorra included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

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

Difference in imports from Andorra (Flag) and Belgium (Flag) (2023)

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 2023, Belgium had a large net trade with Andorra in the exports of Foodstuffs ($3.38M), Transportation ($1.22M), and Textiles ($1.09M).

During 2018, Andorra had a large net trade with Belgium in the exports of Transportation ($840k), Machines ($159k), and Paper Goods ($100k).

Economic Complexity

Competitive Landscape

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

Product Space of Belgium (Flag) and Andorra (Flag) (2023)

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