2023
Flag  
GDP
$885BCURRENT US$
Rnk 20 / 195
2013-2023
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GDP GROWTH
25.3%CURRENT US$
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2023
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 GDP
$3.79BCURRENT US$
Rnk 164 / 195
2013-2023
Flag
GDP GROWTH
18.5%CURRENT US$
Rnk 145 / 195
2023
Flag
GDP PC 
$99,565CURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP PC GROWTH
14%CURRENT US$
Rnk 122 / 195
2023
Flag
GDP PC
$46,812CURRENT US$
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2013-2023
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GDP PC GROWTH
10.2%CURRENT US$
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About

Switzerland-Andorra Trade: In 2023, Switzerland exported $33.2M to Andorra. The main products that Switzerland exported to Andorra were Precious Metal Watches ($13.7M), Base Metal Watches ($12.7M), and Chocolate ($1.45M). Over the past 5 years the exports of Switzerland to Andorra have increased at an annualized rate of 7.29%, from $23.3M in 2018 to $33.2M in 2023.

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

Andorra-Switzerland Trade: In 2023, Andorra exported $1.21M to Switzerland. The main products that Andorra exported to Switzerland were Cars ($237k), Precious Metal Watches ($205k), and Jewellery ($123k). Over the past 5 years the exports of Andorra to Switzerland have increased at an annualized rate of 0.84%,  from $1.16M in 2018 to $1.21M in 2023.

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

Comparison In 2023,  Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96),  and 17 in total exports ($398B). That same year, Andorra ranked 180 in total exports ($253M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Switzerland exported $33.2M to Andorra. The main products exported from Switzerland to Andorra were Precious Metal Watches ($13.7M), Base Metal Watches ($12.7M), and Chocolate ($1.45M). During the last 5 years the exports of Switzerland to Andorra have increased at an annualized rate of 7.29%, from $23.3M in 2018 to $33.2M in 2023.

In 2018, Andorra exported $1.21M to Switzerland. The main products exported from Andorra to Switzerland were Cars ($237k), Precious Metal Watches ($205k), and Jewellery ($123k). During the last 5 years the exports of Andorra to Switzerland have increased at an annualized rate of 0.84%, from $1.16M in 2023 to $1.21M in 2018.

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

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

Latest Data

Trade between Switzerland (Flag) and Andorra (Flag)

Switzerland Exports

Market Competitiveness

Color
Switzerland
Top Destination
Germany$53.8B
Andorra
Top Destination
Spain$99.1M

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

In 2023, countries that imported more from Switzerland than Andorra included Germany ($53.8B), China ($47.7B), and United States ($45.1B).

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

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

Comparative Advantage Switzerland - Andorra

Flow
Scale

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

During 2023, Switzerland had a large net trade with Andorra in the exports of Instruments ($27.3M), Machines ($2M), and Foodstuffs ($1.76M).

During 2018, Andorra had a large net trade with Switzerland in the exports of Instruments ($323k), Transportation ($273k), and Machines ($195k).

Economic Complexity

Competitive Landscape

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

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

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