Norway (NOR) and Andorra (AND) Trade | The Observatory of Economic Complexity

About

Norway-Andorra In 2022, Norway exported $318k to Andorra. The main products that Norway exported to Andorra are Cars ($102k), Integrated Circuits ($81.8k), and Knit Sweaters ($32.8k). During the last 27 years the exports of Norway to Andorra have increased at an annualized rate of 3.25%, from $134k in 1995 to $318k in 2022.

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

Andorra-Norway In 2022, Andorra exported $4.83M to Norway. The main products that Andorra exported to Norway were Integrated Circuits ($4.39M), Low-voltage Protection Equipment ($121k), and Light Fixtures ($95.7k). During the last 27 years the exports of Andorra to Norway have increased at an annualized rate of 34.2%, from $1.71k in 1995 to $4.83M in 2022.

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

Comparison In 2022, Norway ranked 41 in the Economic Complexity Index (ECI 0.58), and 28 in total exports ($285B). That same year, Andorra ranked 174 in total exports ($407M), and does not have data regarding Economic Complexity Index.

Latest Trends

February, 2024

About

Overview In February 2024, Norway exported NOK24k and imported NOK11k from Andorra, resulting in a positive trade balance of NOK13k. Between February 2023 and February 2024 the exports of Norway have decreased by NOK-500k (-95.4%) from NOK524k to NOK24k, while imports decreased by NOK-14k (-56%) from NOK25k to NOK11k.

Trade In February 2024, the top exports of Norway to Andorra were Office machines and automatic data-processing machines (NOK74k), Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), Dairy products and birds' eggs (NOK0), and Fish (not marine mammals), crustaceans, molluscs... (NOK0). In February 2024 the top imports of Norway from Andorra were Miscellaneous manufactured articles, n.e.s. (NOK47k), Electrical machinery, apparatus and appliances, n.e.s.,... (NOK4k), Furniture, and parts thereof; bedding, mattresses,... (NOK2k), Live animals other than animals of... (NOK0), and Meat and meat preparations (NOK0).

Growth In February 2024, the decrease in Norway's year-by-year exports to Andorra was explained primarily by an decrease in product exports in . In February 2024, the decrease in Norway's year-by-year imports from Andorra was explained primarily by an decrease in product imports in Professional, scientific and controlling instruments and... (NOK-67k or -100%) and Articles of apparel and clothing accessories (NOK-4k or -100%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)NOK-500k(-95.4%)

IMPORT GROWTH (February 2023 - February 2024)NOK-14k(-56%)

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

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

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Norway exported $318k to Andorra. The main products exported from Norway to Andorra were Cars ($102k), Integrated Circuits ($81.8k), and Knit Sweaters ($32.8k). During the last 27 years the exports of Norway to Andorra have increased at an annualized rate of 3.25%, from $134k in 1995 to $318k in 2022.

In 2022, Andorra exported $4.83M to Norway. The main products exported from Andorra to Norway were Integrated Circuits ($4.39M), Low-voltage Protection Equipment ($121k), and Light Fixtures ($95.7k). During the last 26 years the exports of Andorra to Norway have increased at an annualized rate of 34.2%, from $1.71k in 1996 to $4.83M in 2022.

Exports from Norway () to Andorra () (2022)

Exports from Andorra () to Norway () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Norway
Top DestinationGermany$78.1B

Andorra
Top DestinationSpain$297M

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

In 2021, countries that imported more from Norway than Andorra were Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

In 2021, countries that imported more from Andorra than Norway were North Korea ($637).

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

Comparative Advantage Norway - Andorra

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Norway had a large net trade with Andorra in the exports of Transportation ($102k), Machines ($97.1k), and Textiles ($82.5k).

During 2022, Andorra had a large net trade with Norway in the exports of Machines ($4.58M), Miscellaneous ($97k), and Instruments ($61.7k).

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

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Latest Trends

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Latest Trade

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Historical Data

Bilateral Trade by Products

Exports from Norway () to Andorra () (2022)

Exports from Andorra () to Norway () (2022)

Market Competitiveness

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

Comparative Advantage Norway - Andorra

Economic Complexity

Competitive Landscape

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

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