Italy (ITA) and Andorra (AND) Trade | The Observatory of Economic Complexity

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Italy-Andorra Trade: In 2022, Italy exported $54.2M to Andorra. The main products that Italy exported to Andorra were Cars ($11.6M), Processed Tobacco ($4.26M), and Other Knit Garments ($2.84M). Over the past 5 years the exports of Italy to Andorra have increased at an annualized rate of 4.88%, from $42.7M in 2017 to $54.2M in 2022.

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

Andorra-Italy Trade: In 2022, Andorra exported $1.73M to Italy. The main products that Andorra exported to Italy were Jewellery ($863k), Leather Footwear ($96.2k), and Papermaking Machines ($94.7k). Over the past 5 years the exports of Andorra to Italy have decreased at an annualized rate of 5.63%, from $2.31M in 2017 to $1.73M in 2022.

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

Comparison In 2022, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Andorra ranked 174 in total exports ($407M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

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Overview In N/A, Italy exported €N/A and imported €N/A from Andorra, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Italy have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Italy to Andorra were . In N/A the top imports of Italy from Andorra were .

Growth In N/A, the N/A in Italy's year-by-year exports to Andorra was explained primarily by an decrease in product exports in . In N/A, the N/A in Italy's year-by-year imports from Andorra was explained primarily by an decrease in product imports in .

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Italy exported $54.2M to Andorra. The main products exported from Italy to Andorra were Cars ($11.6M), Processed Tobacco ($4.26M), and Other Knit Garments ($2.84M). During the last 5 years the exports of Italy to Andorra have increased at an annualized rate of 4.88%, from $42.7M in 2017 to $54.2M in 2022.

In 2017, Andorra exported $1.73M to Italy. The main products exported from Andorra to Italy were Jewellery ($863k), Leather Footwear ($96.2k), and Papermaking Machines ($94.7k). During the last 5 years the exports of Andorra to Italy have decreased at an annualized rate of 5.63%, from $2.31M in 2022 to $1.73M in 2017.

Exports from Italy () to Andorra () (2022)

Exports from Andorra () to Italy () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Italy
Top DestinationGermany$78.5B

Andorra
Top DestinationSpain$297M

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 2022, countries that imported more from Italy than Andorra included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, no countries were registered that imported more from Andorra than from Italy.

Difference in imports from Andorra () and Italy () (2022)

Comparative Advantage Italy - Andorra

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Italy had a large net trade with Andorra in the exports of Transportation ($13.5M), Textiles ($11.3M), and Foodstuffs ($5.68M).

During 2017, Andorra had a large net trade with Italy in the exports of Precious Metals ($865k), Textiles ($372k), and Machines ($167k).

Economic Complexity

Competitive Landscape

Year

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

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Italy () to Andorra () (2022)

Exports from Andorra () to Italy () (2022)

Market Competitiveness

Difference in imports from Andorra () and Italy () (2022)

Comparative Advantage Italy - Andorra

Economic Complexity

Competitive Landscape

Product Space of Italy () and Andorra () (2022)

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Italy () to Andorra () (2022)

Exports from Andorra () to Italy () (2022)

Market Competitiveness

Difference in imports from Andorra () and Italy () (2022)

Comparative Advantage Italy - Andorra

Economic Complexity

Competitive Landscape

Product Space of Italy () and Andorra () (2022)

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