2023
Flag  
GDP
$3.79BCURRENT US$
Rnk 164 / 195
2013-2023
Flag
GDP GROWTH
18.5%CURRENT US$
Rnk 145 / 195
2023
Flag
 GDP
$645BCURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP GROWTH
23%CURRENT US$
Rnk 132 / 195
2023
Flag
GDP PC 
$46,812CURRENT US$
Rnk 29 / 195
2013-2023
Flag
GDP PC GROWTH
10.2%CURRENT US$
Rnk 132 / 195
2023
Flag
GDP PC
$54,701CURRENT US$
Rnk 20 / 196
2013-2023
Flag
GDP PC GROWTH
16.5%CURRENT US$
Rnk 113 / 195

About

Andorra-Belgium Trade: In 2023, Andorra exported $1.25M to Belgium. The main products that Andorra exported to Belgium were Cars ($784k), Other Printed Material ($100k), and Felt or Coated Fabric Garments ($73.7k). Over the past 5 years the exports of Andorra to Belgium have increased at an annualized rate of 20.4%, from $492k in 2018 to $1.25M in 2023.

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

Belgium-Andorra Trade: In 2023, Belgium exported $8.69M to Andorra. The main products that Belgium exported to Andorra were Processed Tobacco ($1.4M), Hard Liquor ($1.35M), and Cars ($1.09M). Over the past 5 years the exports of Belgium to Andorra have increased at an annualized rate of 10.5%,  from $5.28M in 2018 to $8.69M in 2023.

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

Comparison In 2023,  Andorra ranked 180 in total exports ($253M), and does not have data regarding Economic Complexity Index. That same year, Belgium ranked 20 in the Economic Complexity Index (ECI 1.23), and 13 in total exports ($437B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Andorra exported $1.25M to Belgium. The main products exported from Andorra to Belgium were Cars ($784k), Other Printed Material ($100k), and Felt or Coated Fabric Garments ($73.7k). During the last 5 years the exports of Andorra to Belgium have increased at an annualized rate of 20.4%, from $492k in 2018 to $1.25M in 2023.

In 2018, Belgium exported $8.69M to Andorra. The main products exported from Belgium to Andorra were Processed Tobacco ($1.4M), Hard Liquor ($1.35M), and Cars ($1.09M). During the last 5 years the exports of Belgium to Andorra have increased at an annualized rate of 10.5%, from $5.28M in 2023 to $8.69M in 2018.

Exports from Andorra (Flag) to Belgium (Flag) (2023)

Exports from Belgium (Flag) to Andorra (Flag) (2023)

Latest Data

Trade between Andorra (Flag) and Belgium (Flag)

Belgium Exports

Market Competitiveness

Color
Andorra
Top Destination
Spain$99.1M
Belgium
Top Destination
France$85.6B

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

In 2023, no countries were registered that imported more from Andorra than from Belgium.

In 2023, countries that imported more from Belgium than Andorra included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

Difference in imports from Belgium (Flag) and Andorra (Flag) (2023)

Comparative Advantage Andorra - Belgium

Flow
Scale

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

During 2023, Andorra had a large net trade with Belgium in the exports of Transportation ($840k), Machines ($159k), and Paper Goods ($100k).

During 2018, Belgium had a large net trade with Andorra in the exports of Foodstuffs ($3.38M), Transportation ($1.22M), and Textiles ($1.09M).

Economic Complexity

Competitive Landscape

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

Product Space of Andorra (Flag) and Belgium (Flag) (2023)

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