2023
Flag  
GDP
$3.79BCURRENT US$
Rnk 164 / 195
2013-2023
Flag
GDP GROWTH
18.5%CURRENT US$
Rnk 145 / 195
2023
Flag
 GDP
$119BCURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP GROWTH
23.1%CURRENT US$
Rnk 131 / 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
$6,610CURRENT US$
Rnk 109 / 196
2013-2023
Flag
GDP PC GROWTH
8.19%CURRENT US$
Rnk 141 / 195

About

Andorra-Ecuador Trade: In 2023, Andorra exported $256k to Ecuador. The main products that Andorra exported to Ecuador were Textile Footwear ($250k), Rubber Footwear ($4.13k), and Transmissions ($1.24k). Over the past 6 years the exports of Andorra to Ecuador have increased at an annualized rate of 310%, from $54 in 2017 to $256k in 2023.

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

Ecuador-Andorra Trade: In 2023, Ecuador exported $2.45k to Andorra. The main products that Ecuador exported to Andorra were Other Edible Preparations ($621), Baked Goods ($491), and Other Fruits ($417). Over the past 6 years the exports of Ecuador to Andorra have decreased at an annualized rate of 17.9%,  from $6.58k in 2017 to $2.45k in 2023.

In 2023, Ecuador 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, Ecuador ranked 104 in the Economic Complexity Index (ECI -0.85), and 65 in total exports ($37.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Andorra exported $256k to Ecuador. The main products exported from Andorra to Ecuador were Textile Footwear ($250k), Rubber Footwear ($4.13k), and Transmissions ($1.24k). During the last 6 years the exports of Andorra to Ecuador have increased at an annualized rate of 310%, from $54 in 2017 to $256k in 2023.

In 2018, Ecuador exported $2.45k to Andorra. The main products exported from Ecuador to Andorra were Other Edible Preparations ($621), Baked Goods ($491), and Other Fruits ($417). During the last 5 years the exports of Ecuador to Andorra have decreased at an annualized rate of 17.9%, from $6.58k in 2023 to $2.45k in 2018.

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

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

Market Competitiveness

Color
Andorra
Top Destination
Spain$99.1M
Ecuador
Top Destination
United States$8.34B

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

In 2023, countries that imported more from Andorra than Ecuador included Djibouti ($771k), Nigeria ($1.02M), and Zimbabwe ($273k).

In 2023, countries that imported more from Ecuador than Andorra included United States ($8.34B), China ($7.96B), and Panama ($4.38B).

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

Comparative Advantage Andorra - Ecuador

Flow
Scale

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

During 2023, Andorra had a large net trade with Ecuador in the exports of Footwear and Headwear ($254k) and Machines ($1.97k).

During 2018, Ecuador had a large net trade with Andorra in the exports of Foodstuffs ($1.26k), Vegetable Products ($830), and Animal Products ($242).

Economic Complexity

Competitive Landscape

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

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

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