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2022
Flag → Flag
Exports $1.73MRnk 13 / 144
2022
Flag → Flag
Top Product $863kJewellery
2022
Flag → Flag
Exports $54.2MRnk 141 / 221
2022
Flag → Flag
Top Product $11.6MCars
2022
Flag
Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
Flag  
GDP$3.35BCURRENT US$
Rnk 159 / 186
2012-2022
Flag
GDP GROWTH5.12%CURRENT US$
Rnk 155 / 186
2022
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 GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
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GDP PC $41,993CURRENT US$
Rnk 25 / 186
2012-2022
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GDP PC GROWTH-6.48%CURRENT US$
Rnk 157 / 186
2022
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GDP PC$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186

About

Andorra-Italy Trade: In 2022, Andorra exported $1.73M to Italy. The main products that Andorra exported to Italy were Jewellery ($863k), Leather Footwear ($96.2k), and Papermaking Machines ($94.7k). Over the past 5 years the exports of Andorra to Italy have decreased at an annualized rate of 5.63%, from $2.31M in 2017 to $1.73M in 2022.

In 2022, Andorra did not export any services to Italy.

Italy-Andorra Trade: In 2022, Italy exported $54.2M to Andorra. The main products that Italy exported to Andorra were Cars ($11.6M), Processed Tobacco ($4.26M), and Other Knit Garments ($2.84M). Over the past 5 years the exports of Italy to Andorra have increased at an annualized rate of 4.88%,  from $42.7M in 2017 to $54.2M in 2022.

In 2022, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Andorra exported $1.73M to Italy. The main products exported from Andorra to Italy were Jewellery ($863k), Leather Footwear ($96.2k), and Papermaking Machines ($94.7k). During the last 5 years the exports of Andorra to Italy have decreased at an annualized rate of 5.63%, from $2.31M in 2017 to $1.73M in 2022.

In 2017, Italy exported $54.2M to Andorra. The main products exported from Italy to Andorra were Cars ($11.6M), Processed Tobacco ($4.26M), and Other Knit Garments ($2.84M). During the last 5 years the exports of Italy to Andorra have increased at an annualized rate of 4.88%, from $42.7M in 2022 to $54.2M in 2017.

Exports from Andorra (Flag) to Italy (Flag) (2022)

Exports from Italy (Flag) to Andorra (Flag) (2022)

Latest Data

Trade between Andorra (Flag) and Italy (Flag)

Italy Exports

Market Competitiveness

Color
Andorra
Top DestinationSpain$297M
Italy
Top DestinationGermany$78.5B

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 2022, no countries were registered that imported more from Andorra than from Italy.

In 2022, countries that imported more from Italy than Andorra included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

Difference in imports from Italy (Flag) and Andorra (Flag) (2022)

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 2022, Andorra had a large net trade with Italy in the exports of Precious Metals ($865k), Textiles ($372k), and Machines ($167k).

During 2017, Italy had a large net trade with Andorra in the exports of Transportation ($13.5M), Textiles ($11.3M), and Foodstuffs ($5.68M).

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) (2022)

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