Iceland (ISL) and Andorra (AND) Trade | OEC - The Observatory of Economic Complexity

About

Iceland-Andorra In 2020, Iceland exported $1.86k to Andorra. The main products that Iceland exported to Andorra are N/A. During the last 25 years the exports of Iceland to Andorra have decreased at an annualized rate of 12.6%, from $54.3k in 1995 to $1.86k in 2020.

In 2020, Iceland did not export any services to Andorra.

Andorra-Iceland In 2020, Andorra exported $3.07k to Iceland. The main products that Andorra exported to Iceland were Motor vehicles; parts and accessories (8701 to 8705) ($805), Peat ($671), and Bi-Wheel Vehicle Parts ($633). During the last 25 years the exports of Andorra to Iceland have decreased at an annualized rate of 4.4%, from $9.47k in 1995 to $3.07k in 2020.

In 2020, Andorra did not export any services to Iceland.

Comparison In 2021, Iceland ranked 113 in total exports ($6.76B). That same year, Andorra ranked 196 in total exports ($110M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

Value

Year

In 2020, Iceland exported $1.86k to Andorra. There were not main exports from Iceland to Andorra in 2020. During the last 25 years the exports of Iceland to Andorra have decreased at an annualized rate of 12.6%, from $54.3k in 1995 to $1.86k in 2020.

In 2021, Andorra exported $3.07k to Iceland. The main products exported from Andorra to Iceland were Motor vehicles; parts and accessories (8701 to 8705) ($805), Peat ($671), and Bi-Wheel Vehicle Parts ($633). During the last 17 years the exports of Andorra to Iceland have decreased at an annualized rate of 4.4%, from $9.47k in 2004 to $3.07k in 2021.

Latest Data

Iceland Exports

Date

Market Competitiveness

Color

SectionYear

Iceland
Top Destination: Netherlands, $1.65B

Andorra
Top Destination: Spain, $33.7M

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

In 2021, countries that imported more from Iceland than Andorra were Netherlands ($1.65B), Spain ($704M), and Germany ($661M).

In 2021, countries that imported more from Andorra than Iceland were El Salvador ($3.25M), United Arab Emirates ($6.52M), and Honduras ($730k).

Comparative Advantage Iceland - Andorra

Flow

Scale

Year

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

During 2020, Iceland had a large net trade with Andorra in the exports of .

During 2021, Andorra had a large net trade with Iceland in the exports of Transportation ($1.44k), Mineral Products ($671), and Textiles ($306).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Latest Data

Iceland Exports

Market Competitiveness

Comparative Advantage Iceland - Andorra

Economic Complexity

Competitive Landscape

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