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2023
Flag → Flag
Exports $2.66MRnk 12 / 144
2023
Flag → Flag
Top Product $682kJewellery
2023
Flag → Flag
Exports $61.4MRnk 132 / 219
2023
Flag → Flag
Top Product $27.4MCars
2023
Flag
Economic Complexity (ECI) ECI 1.29Rnk 18 / 132
2023
Flag  
GDP$3.79BCURRENT US$
Rnk 164 / 195
2013-2023
Flag
GDP GROWTH18.5%CURRENT US$
Rnk 145 / 195
2023
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 GDP$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
GDP PC $46,812CURRENT US$
Rnk 29 / 195
2013-2023
Flag
GDP PC GROWTH10.2%CURRENT US$
Rnk 132 / 195
2023
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GDP PC$39,003CURRENT US$
Rnk 32 / 196
2013-2023
Flag
GDP PC GROWTH9.11%CURRENT US$
Rnk 136 / 195

About

Andorra-Italy Trade: In 2023, Andorra exported $2.66M to Italy. The main products that Andorra exported to Italy were Jewellery ($682k), Boat Propellers ($433k), and Steam Turbines ($433k). Over the past 5 years the exports of Andorra to Italy have increased at an annualized rate of 15.8%, from $1.28M in 2018 to $2.66M in 2023.

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

Italy-Andorra Trade: In 2023, Italy exported $61.4M to Andorra. The main products that Italy exported to Andorra were Cars ($27.4M), Other Knit Garments ($2.57M), and Other Furniture ($2.41M). Over the past 5 years the exports of Italy to Andorra have increased at an annualized rate of 1.51%,  from $56.9M in 2018 to $61.4M in 2023.

In 2023, Italy 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, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Andorra exported $2.66M to Italy. The main products exported from Andorra to Italy were Jewellery ($682k), Boat Propellers ($433k), and Steam Turbines ($433k). During the last 5 years the exports of Andorra to Italy have increased at an annualized rate of 15.8%, from $1.28M in 2018 to $2.66M in 2023.

In 2018, Italy exported $61.4M to Andorra. The main products exported from Italy to Andorra were Cars ($27.4M), Other Knit Garments ($2.57M), and Other Furniture ($2.41M). During the last 5 years the exports of Italy to Andorra have increased at an annualized rate of 1.51%, from $56.9M in 2023 to $61.4M in 2018.

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

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

Latest Data

Trade between Andorra (Flag) and Italy (Flag)

Italy Exports

Market Competitiveness

Color
Andorra
Top DestinationSpain$99.1M
Italy
Top DestinationGermany$71.4B

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

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

In 2023, countries that imported more from Italy than Andorra included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

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

Comparative Advantage Andorra - Italy

Flow
Scale

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

During 2023, Andorra had a large net trade with Italy in the exports of Machines ($1.01M), Precious Metals ($716k), and Textiles ($461k).

During 2018, Italy had a large net trade with Andorra in the exports of Transportation ($30.2M), Textiles ($10.3M), and Miscellaneous ($3.79M).

Economic Complexity

Competitive Landscape

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

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

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