2023
Flag  
GDP
$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH
18.8%CURRENT US$
Rnk 144 / 195
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 
$54,343CURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP PC GROWTH
15.1%CURRENT US$
Rnk 118 / 195
2023
Flag
GDP PC
$46,812CURRENT US$
Rnk 29 / 196
2013-2023
Flag
GDP PC GROWTH
10.2%CURRENT US$
Rnk 132 / 195

About

Germany-Andorra Trade: In 2023, Germany exported $84.3M to Andorra. The main products that Germany exported to Andorra were Cars ($47M), Processed Tobacco ($5.53M), and Delivery Trucks ($2.53M). Over the past 5 years the exports of Germany to Andorra have increased at an annualized rate of 8.4%, from $56.3M in 2018 to $84.3M in 2023.

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

Andorra-Germany Trade: In 2023, Andorra exported $3.25M to Germany. The main products that Andorra exported to Germany were Cars ($737k), Bi-Wheel Vehicle Parts ($462k), and Other Plastic Products ($375k). Over the past 5 years the exports of Andorra to Germany have decreased at an annualized rate of 9.39%,  from $5.31M in 2018 to $3.25M in 2023.

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

Comparison In 2023,  Germany ranked 5 in the Economic Complexity Index (ECI 1.79),  and 3 in total exports ($1.57T). That same year, Andorra ranked 180 in total exports ($253M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Germany exported $84.3M to Andorra. The main products exported from Germany to Andorra were Cars ($47M), Processed Tobacco ($5.53M), and Delivery Trucks ($2.53M). During the last 5 years the exports of Germany to Andorra have increased at an annualized rate of 8.4%, from $56.3M in 2018 to $84.3M in 2023.

In 2018, Andorra exported $3.25M to Germany. The main products exported from Andorra to Germany were Cars ($737k), Bi-Wheel Vehicle Parts ($462k), and Other Plastic Products ($375k). During the last 5 years the exports of Andorra to Germany have decreased at an annualized rate of 9.39%, from $5.31M in 2023 to $3.25M in 2018.

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

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

Market Competitiveness

Color
Germany
Top Destination
United States$157B
Andorra
Top Destination
Spain$99.1M

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

In 2023, countries that imported more from Germany than Andorra included United States ($157B), France ($118B), and Netherlands ($108B).

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

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

Comparative Advantage Germany - Andorra

Flow
Scale

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

During 2023, Germany had a large net trade with Andorra in the exports of Transportation ($54.4M), Machines ($9.38M), and Foodstuffs ($6.86M).

During 2018, Andorra had a large net trade with Germany in the exports of Transportation ($1.21M), Plastics and Rubbers ($446k), and Machines ($331k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with