2022
Flag  
GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
Flag
 GDP
$3.35BCURRENT US$
Rnk 159 / 186
2012-2022
Flag
GDP GROWTH
5.12%CURRENT US$
Rnk 155 / 186
2022
Flag
GDP PC 
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC
$41,993CURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP PC GROWTH
-6.48%CURRENT US$
Rnk 157 / 186

About

Norway-Andorra Trade: In 2022, Norway exported $318k to Andorra. The main products that Norway exported to Andorra were Cars ($102k), Integrated Circuits ($81.8k), and Knit Sweaters ($32.8k). Over the past 5 years the exports of Norway to Andorra have increased at an annualized rate of 3.28%, from $270k in 2017 to $318k in 2022.

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

Andorra-Norway Trade: 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). Over the past 5 years the exports of Andorra to Norway have decreased at an annualized rate of 5.25%,  from $6.67M in 2017 to $4.83M in 2022.

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

Comparison In 2022,  Norway ranked 43 in the Economic Complexity Index (ECI 0.54),  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.

Historical Data

Bilateral Trade by Products

Depth
Value

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 5 years the exports of Norway to Andorra have increased at an annualized rate of 3.28%, from $270k in 2017 to $318k in 2022.

In 2017, 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 5 years the exports of Andorra to Norway have decreased at an annualized rate of 5.25%, from $6.67M in 2022 to $4.83M in 2017.

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

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

Market Competitiveness

Color
Norway
Top Destination
Germany$78.1B
Andorra
Top Destination
Spain$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 2022, countries that imported more from Norway than Andorra included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

In 2022, countries that imported more from Andorra than Norway included North Korea ($637).

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

Comparative Advantage Norway - Andorra

Flow
Scale

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 2017, 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

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with