2023
Flag  
GDP
$3.79BCURRENT US$
Rnk 164 / 195
2013-2023
Flag
GDP GROWTH
18.5%CURRENT US$
Rnk 145 / 195
2023
Flag
 GDP
$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH
18.9%CURRENT US$
Rnk 143 / 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
$33,509CURRENT US$
Rnk 40 / 196
2013-2023
Flag
GDP PC GROWTH
14.7%CURRENT US$
Rnk 119 / 195

About

Andorra-Spain Trade: In 2023, Andorra exported $99.1M to Spain. The main products that Andorra exported to Spain were Integrated Circuits ($23.8M), Orthopedic Appliances ($16.2M), and Cars ($7.8M). Over the past 5 years the exports of Andorra to Spain have increased at an annualized rate of 4.61%, from $79.1M in 2018 to $99.1M in 2023.

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

Spain-Andorra Trade: In 2023, Spain exported $1.28B to Andorra. The main products that Spain exported to Andorra were Refined Petroleum ($90.3M), Cars ($73.9M), and Perfumes ($47.8M). Over the past 5 years the exports of Spain to Andorra have increased at an annualized rate of 4.32%,  from $1.03B in 2018 to $1.28B in 2023.

In 2023, Spain 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, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Andorra exported $99.1M to Spain. The main products exported from Andorra to Spain were Integrated Circuits ($23.8M), Orthopedic Appliances ($16.2M), and Cars ($7.8M). During the last 5 years the exports of Andorra to Spain have increased at an annualized rate of 4.61%, from $79.1M in 2018 to $99.1M in 2023.

In 2018, Spain exported $1.28B to Andorra. The main products exported from Spain to Andorra were Refined Petroleum ($90.3M), Cars ($73.9M), and Perfumes ($47.8M). During the last 5 years the exports of Spain to Andorra have increased at an annualized rate of 4.32%, from $1.03B in 2023 to $1.28B in 2018.

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

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

Latest Data

Trade between Andorra (Flag) and Spain (Flag)

Spain Exports

Market Competitiveness

Color
Andorra
Top Destination
Spain$99.1M
Spain
Top Destination
France$61.9B

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

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

In 2023, countries that imported more from Spain than Andorra included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

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

Comparative Advantage Andorra - Spain

Flow
Scale

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

During 2023, Andorra had a large net trade with Spain in the exports of Machines ($30M), Instruments ($18.3M), and Transportation ($15.5M).

During 2018, Spain had a large net trade with Andorra in the exports of Foodstuffs ($185M), Chemical Products ($168M), and Machines ($166M).

Economic Complexity

Competitive Landscape

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

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

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