Flag Italy / Andorra Flag

2021
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Exports
: $30.7M, Rnk 149 / 221

2021
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Top Product
: $4.12M, Cars

2021
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Exports
: $434k, Rnk 26 / 112

2021
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Top Product
: $103k, Jewellery

2021
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Economic Complexity (ECI)
: ECI 1.27, Rnk 19 / 131

2021
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GDP
: $2.1T, CURRENT US$
Rnk 8 / 182

2011-2021
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GDP GROWTH
: -8.5%, CURRENT US$
Rnk 164 / 182

2021
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 GDP
: $3.33B, CURRENT US$
Rnk 156 / 182

2011-2021
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GDP GROWTH
: -8.25%, CURRENT US$
Rnk 162 / 182

2021
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GDP PC 
: $35,551, CURRENT US$
Rnk 27 / 182

2011-2021
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GDP PC GROWTH
: -8.02%, CURRENT US$
Rnk 146 / 182

2021
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GDP PC
: $43,048, CURRENT US$
Rnk 25 / 182

2011-2021
Flag
GDP PC GROWTH
: -0.66%, CURRENT US$
Rnk 127 / 182

Italy-Andorra In 2021, Italy exported $30.7M to Andorra. The main products that Italy exported to Andorra are Cars ($4.12M), Processed Tobacco ($2.89M), and Leather Footwear ($1.38M). During the last 26 years the exports of Italy to Andorra have decreased at an annualized rate of 0.95%, from $39.2M in 1995 to $30.7M in 2021.

In 2021, Italy did not export any services to Andorra.

Andorra-Italy In 2021, Andorra exported $434k to Italy. The main products that Andorra exported to Italy were Jewellery ($103k), Cars ($56.4k), and Other Furniture ($22.1k). During the last 26 years the exports of Andorra to Italy have decreased at an annualized rate of 4.83%, from $1.57M in 1995 to $434k in 2021.

In 2021, Andorra did not export any services to Italy.

Comparison In 2021,  Italy ranked 19 in the Economic Complexity Index (ECI 1.27),  and 7 in total exports ($597B). That same year, Andorra ranked 196 in total exports ($110M), and does not have data regarding Economic Complexity Index.

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Italy exported $30.7M to Andorra. The main products exported from Italy to Andorra were Cars ($4.12M), Processed Tobacco ($2.89M), and Leather Footwear ($1.38M). During the last 26 years the exports of Italy to Andorra have decreased at an annualized rate of 0.95%, from $39.2M in 1995 to $30.7M in 2021.

In 2021, Andorra exported $434k to Italy. The main products exported from Andorra to Italy were Jewellery ($103k), Cars ($56.4k), and Other Furniture ($22.1k). During the last 26 years the exports of Andorra to Italy have decreased at an annualized rate of 4.83%, from $1.57M in 1995 to $434k in 2021.

Market Competitiveness

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Color

Italy
Top Destination
: Germany, $78.4B

Andorra
Top Destination
: Spain, $33.7M

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

In 2021, countries that imported more from Italy than Andorra were Germany ($78.4B), France ($61.6B), and United States ($58.1B).

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

Comparative Advantage Italy - Andorra

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Flow
Scale

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

During 2021, Italy had a large net trade with Andorra in the exports of Textiles ($8.37M), Transportation ($5.44M), and Foodstuffs ($4.52M).

During 2021, Andorra had a large net trade with Italy in the exports of Textiles ($154k), Precious Metals ($103k), and Transportation ($60.6k).

Economic Complexity

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Competitive Landscape

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