In 2019, Andorra exported a total of $111M, making it the number 190 exporter in the world. During the last five reported years the exports of Andorra have changed by -$306M from $417M in 2014 to $111M in 2019.
In 2019 Andorra imported $1.47B, making it the number 169 trade destination in the world. During the last five reported years the imports of Andorra changed by -$220M from $1.69B in 2014 to $1.47B in 2019.
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.
The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities.
Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.