2022
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GDP
$1.4TCURRENT US$
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2012-2022
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GDP GROWTH
5.49%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 
$29,350CURRENT US$
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2012-2022
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GDP PC GROWTH
3.63%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

Spain-Andorra In 2022, Spain exported $1.22B to Andorra. The main products that Spain exported to Andorra are Refined Petroleum ($79.8M), Cars ($62.5M), and Electricity ($55.1M). During the last 27 years the exports of Spain to Andorra have increased at an annualized rate of 4.04%, from $418M in 1995 to $1.22B in 2022.

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

Andorra-Spain In 2022, Andorra exported $297M to Spain. The main products that Andorra exported to Spain were Paintings ($210M), Integrated Circuits ($22.7M), and Orthopedic Appliances ($12.5M). During the last 27 years the exports of Andorra to Spain have increased at an annualized rate of 9.93%, from $23.1M in 1995 to $297M in 2022.

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

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.8),  and 20 in total exports ($394B). 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, Spain exported $1.22B to Andorra. The main products exported from Spain to Andorra were Refined Petroleum ($79.8M), Cars ($62.5M), and Electricity ($55.1M). During the last 27 years the exports of Spain to Andorra have increased at an annualized rate of 4.04%, from $418M in 1995 to $1.22B in 2022.

In 2022, Andorra exported $297M to Spain. The main products exported from Andorra to Spain were Paintings ($210M), Integrated Circuits ($22.7M), and Orthopedic Appliances ($12.5M). During the last 27 years the exports of Andorra to Spain have increased at an annualized rate of 9.93%, from $23.1M in 1995 to $297M in 2022.

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

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

Market Competitiveness

Color
Spain
Top Destination
France$65.2B
Andorra
Top Destination
Spain$297M

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

In 2021, countries that imported more from Spain than Andorra were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

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

Comparative Advantage Spain - Andorra

Flow
Scale

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

During 2022, Spain had a large net trade with Andorra in the exports of Machines ($166M), Foodstuffs ($163M), and Mineral Products ($150M).

During 2022, Andorra had a large net trade with Spain in the exports of Arts and Antiques ($210M), Machines ($28.4M), and Instruments ($14.5M).

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 Spain has comparative advantage over Andorra. Similarly, the more yellow a dot/product is, the more Andorra has comparative advantage over Spain.

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

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