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2023
Flag → Flag
Exports $1.28BRnk 41 / 220
2023
Flag → Flag
Top Product $90.3MRefined Petroleum
2023
Flag → Flag
Exports $99.1MRnk 1 / 144
2023
Flag → Flag
Top Product $23.8MIntegrated Circuits
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag  
GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH18.9%CURRENT US$
Rnk 143 / 195
2023
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 GDP$3.79BCURRENT US$
Rnk 164 / 195
2013-2023
Flag
GDP GROWTH18.5%CURRENT US$
Rnk 145 / 195
2023
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GDP PC $33,509CURRENT US$
Rnk 40 / 195
2013-2023
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GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 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

Spain-Andorra Trade: In 2023, Spain exported $1.28B to Andorra. The main products that Spain exported to Andorra were Refined Petroleum ($90.3M), Cars ($73.9M), and Perfumes ($47.8M). Over the past 5 years the exports of Spain to Andorra have increased at an annualized rate of 4.32%, from $1.03B in 2018 to $1.28B in 2023.

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

Andorra-Spain Trade: In 2023, Andorra exported $99.1M to Spain. The main products that Andorra exported to Spain were Integrated Circuits ($23.8M), Orthopedic Appliances ($16.2M), and Cars ($7.8M). Over the past 5 years the exports of Andorra to Spain have increased at an annualized rate of 4.61%,  from $79.1M in 2018 to $99.1M in 2023.

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

Comparison In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86),  and 16 in total exports ($402B). 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, Spain exported €110M and imported €3.09M from Andorra, resulting in a positive trade balance of €107M. Between November 2023 and November 2024 the exports of Spain have decreased by €-14.8M (-11.9%) from €125M to €110M, while imports decreased by €-606k (-16.4%) from €3.69M to €3.09M.

Trade In November 2024, the top exports of Spain to Andorra were Cars (€8.68M), Refined Petroleum (€7.93M), Electricity (€5.41M), Telephones (€2.97M), and Perfumes (€2.85M). In November 2024 the top imports of Spain from Andorra were Blank Audio Media (€1.45M), Orthopedic Appliances (€744k), Cigarette Paper (€323k), Tractors (€89k), and Textile Footwear (€39.6k).

Origins In November 2024 the exports of Spain were mainly from Barcelona (€37.6M), Madrid (€28.8M), Lleida (€8.57M), Girona (€5.06M), and Sin provincia asignada (€4.52M), while imports destinations were mainly Barcelona (€2.45M), Madrid (€431k), Lleida (€68.4k), and Ceuta (€36k).

Growth In November 2024, the decrease in Spain's year-by-year exports to Andorra was explained primarily by an decrease in product exports in Electricity (€-2.28M or -29.7%), Gold (€-817k or -43.3%), and Air Conditioners (€-371k or -67.7%). In November 2024, the decrease in Spain's year-by-year imports  from Andorra was explained primarily by an decrease in product imports  in Cigarette Paper (€-122k or -27.4%), Cars (€-108k or -94.7%), and Horses (€-4.8k or -85.7%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)€-14.8M(-11.9%)
IMPORT GROWTH (November 2023 - November 2024)€-606k(-16.4%)
MAIN EXPORTER (November 2024)Barcelona€37.6M

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Spain exported $1.28B to Andorra. The main products exported from Spain to Andorra were Refined Petroleum ($90.3M), Cars ($73.9M), and Perfumes ($47.8M). During the last 5 years the exports of Spain to Andorra have increased at an annualized rate of 4.32%, from $1.03B in 2018 to $1.28B in 2023.

In 2018, Andorra exported $99.1M to Spain. The main products exported from Andorra to Spain were Integrated Circuits ($23.8M), Orthopedic Appliances ($16.2M), and Cars ($7.8M). During the last 5 years the exports of Andorra to Spain have increased at an annualized rate of 4.61%, from $79.1M in 2023 to $99.1M in 2018.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$61.9B
Andorra
Top DestinationSpain$99.1M

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 2023, countries that imported more from Spain than Andorra included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

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

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

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 2023, Spain had a large net trade with Andorra in the exports of Foodstuffs ($185M), Chemical Products ($168M), and Machines ($166M).

During 2018, Andorra had a large net trade with Spain in the exports of Machines ($30M), Instruments ($18.3M), and Transportation ($15.5M).

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

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