2022
Flag  
GDP
$3.35BCURRENT US$
Rnk 159 / 186
2012-2022
Flag
GDP GROWTH
5.12%CURRENT US$
Rnk 155 / 186
2022
Flag
 GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC 
$41,993CURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP PC GROWTH
-6.48%CURRENT US$
Rnk 157 / 186
2022
Flag
GDP PC
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186

About

Andorra-Hong Kong Trade: In 2022, Andorra exported $1.4M to Hong Kong. The main products that Andorra exported to Hong Kong were Base Metal Watches ($815k), Non-Knit Women's Suits ($101k), and Diamonds ($69.8k). Over the past 5 years the exports of Andorra to Hong Kong have decreased at an annualized rate of 8.36%, from $2.16M in 2017 to $1.4M in 2022.

In 2022, Andorra did not export any services to Hong Kong.

Hong Kong-Andorra Trade: In 2022, Hong Kong exported $874k to Andorra. The main products that Hong Kong exported to Andorra were Insulated Wire ($151k), Microphones and Headphones ($96.6k), and Jewellery ($88.6k). Over the past 5 years the exports of Hong Kong to Andorra have increased at an annualized rate of 4.77%,  from $692k in 2017 to $874k in 2022.

In 2022, Hong Kong did not export any services to Andorra.

Comparison In 2022,  Andorra ranked 174 in total exports ($407M), and does not have data regarding Economic Complexity Index. That same year, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Andorra exported $1.4M to Hong Kong. The main products exported from Andorra to Hong Kong were Base Metal Watches ($815k), Non-Knit Women's Suits ($101k), and Diamonds ($69.8k). During the last 5 years the exports of Andorra to Hong Kong have decreased at an annualized rate of 8.36%, from $2.16M in 2017 to $1.4M in 2022.

In 2017, Hong Kong exported $874k to Andorra. The main products exported from Hong Kong to Andorra were Insulated Wire ($151k), Microphones and Headphones ($96.6k), and Jewellery ($88.6k). During the last 5 years the exports of Hong Kong to Andorra have increased at an annualized rate of 4.77%, from $692k in 2022 to $874k in 2017.

Exports from Andorra (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to Andorra (Flag) (2022)

Latest Data

Trade between Andorra (Flag) and Hong Kong (Flag)

Hong Kong Exports

Market Competitiveness

Color
Andorra
Top Destination
Spain$297M
Hong Kong
Top Destination
China$23.4B

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

In 2022, countries that imported more from Andorra than Hong Kong included Cayman Islands ($942) and British Virgin Islands ($42).

In 2022, countries that imported more from Hong Kong than Andorra included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong (Flag) and Andorra (Flag) (2022)

Comparative Advantage Andorra - Hong Kong

Flow
Scale

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

During 2022, Andorra had a large net trade with Hong Kong in the exports of Instruments ($857k), Textiles ($250k), and Precious Metals ($110k).

During 2017, Hong Kong had a large net trade with Andorra in the exports of Machines ($566k), Precious Metals ($121k), and Instruments ($48.1k).

Economic Complexity

Competitive Landscape

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

Product Space of Andorra (Flag) and Hong Kong (Flag) (2022)

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