Latvia (LVA) and Andorra (AND) Trade | The Observatory of Economic Complexity

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Latvia-Andorra Trade: In 2023, Latvia exported $1.62M to Andorra. The main products that Latvia exported to Andorra were Integrated Circuits ($1.06M), Cars ($346k), and Cranes ($87.2k). Over the past 5 years the exports of Latvia to Andorra have increased at an annualized rate of 102%, from $48.8k in 2018 to $1.62M in 2023.

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

Andorra-Latvia In N/A, Andorra did not export any products to Latvia.

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

Comparison In 2023, Latvia ranked 80 in total exports ($19.9B). That same year, Andorra ranked 180 in total exports ($253M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Latvia exported $1.62M to Andorra. The main products exported from Latvia to Andorra were Integrated Circuits ($1.06M), Cars ($346k), and Cranes ($87.2k). During the last 5 years the exports of Latvia to Andorra have increased at an annualized rate of 102%, from $48.8k in 2018 to $1.62M in 2023.

Andorra does not register exports to Latvia. The main products exported from Andorra to Latvia were Non-Knit Women's Suits ($1.83k), Trunks and Cases ($1.62k), and Beauty Products ($1.18k).

Exports from Latvia () to Andorra () (2023)

Exports from Andorra () to Latvia () (2023)

Latest Data

Trade between Latvia () and Andorra ()

Latvia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Latvia
Top DestinationLithuania$3.77B

Andorra
Top DestinationSpain$99.1M

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

In 2023, countries that imported more from Latvia than Andorra included Lithuania ($3.77B), Estonia ($1.26B), and Russia ($1.22B).

In 2023, countries that imported more from Andorra than Latvia included El Salvador ($2.76M), Djibouti ($771k), and Guyana ($261k).

Difference in imports from Andorra () and Latvia () (2023)

Comparative Advantage Latvia - Andorra

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Latvia had a large net trade with Andorra in the exports of Machines ($1.17M), Transportation ($351k), and Metals ($82.3k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Latvia () to Andorra () (2023)

Exports from Andorra () to Latvia () (2023)

Latest Data

Trade between Latvia () and Andorra ()

Latvia Exports

Market Competitiveness

Difference in imports from Andorra () and Latvia () (2023)

Comparative Advantage Latvia - Andorra

Economic Complexity

Competitive Landscape

Product Space of Latvia () and Andorra () (2023)

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