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2022
Flag → Flag
Exports $1.42MRnk 154 / 207
2022
Flag → Flag
Top Product $422kCars
2022
Flag → Flag
Exports $300kRnk 44 / 144
2022
Flag → Flag
Top Product $245kBaked Goods
2022
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Economic Complexity (ECI) ECI 1.41Rnk 13 / 133
2022
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GDP$281BCURRENT US$
Rnk 47 / 186
2012-2022
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GDP GROWTH8.73%CURRENT US$
Rnk 147 / 186
2022
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 GDP$3.35BCURRENT US$
Rnk 159 / 186
2012-2022
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GDP GROWTH5.12%CURRENT US$
Rnk 155 / 186
2022
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GDP PC $50,537CURRENT US$
Rnk 18 / 186
2012-2022
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GDP PC GROWTH5.93%CURRENT US$
Rnk 127 / 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

About

Finland-Andorra Trade: In 2022, Finland exported $1.42M to Andorra. The main products that Finland exported to Andorra were Cars ($422k), Prefabricated Buildings ($238k), and Lifting Machinery ($205k). Over the past 5 years the exports of Finland to Andorra have increased at an annualized rate of 8.77%, from $930k in 2017 to $1.42M in 2022.

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

Andorra-Finland Trade: In 2022, Andorra exported $300k to Finland. The main products that Andorra exported to Finland were Baked Goods ($245k), Other Frozen Vegetables ($13.9k), and Chemical Analysis Instruments ($6.28k). Over the past 5 years the exports of Andorra to Finland have increased at an annualized rate of 31.2%,  from $77.1k in 2017 to $300k in 2022.

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

Comparison In 2022,  Finland ranked 13 in the Economic Complexity Index (ECI 1.41),  and 46 in total exports ($89.9B). That same year, Andorra ranked 174 in total exports ($407M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Finland exported $1.42M to Andorra. The main products exported from Finland to Andorra were Cars ($422k), Prefabricated Buildings ($238k), and Lifting Machinery ($205k). During the last 5 years the exports of Finland to Andorra have increased at an annualized rate of 8.77%, from $930k in 2017 to $1.42M in 2022.

In 2017, Andorra exported $300k to Finland. The main products exported from Andorra to Finland were Baked Goods ($245k), Other Frozen Vegetables ($13.9k), and Chemical Analysis Instruments ($6.28k). During the last 5 years the exports of Andorra to Finland have increased at an annualized rate of 31.2%, from $77.1k in 2022 to $300k in 2017.

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

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

Latest Data

Trade between Finland (Flag) and Andorra (Flag)

Finland Exports

Market Competitiveness

Color
Finland
Top DestinationGermany$9.99B
Andorra
Top DestinationSpain$297M

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

In 2022, countries that imported more from Finland than Andorra included Germany ($9.99B), United States ($9.17B), and Sweden ($9.1B).

In 2022, countries that imported more from Andorra than Finland included North Korea ($637) and Montserrat ($218).

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

Comparative Advantage Finland - Andorra

Flow
Scale

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

During 2022, Finland had a large net trade with Andorra in the exports of Transportation ($427k), Machines ($409k), and Miscellaneous ($261k).

During 2017, Andorra had a large net trade with Finland in the exports of Foodstuffs ($266k), Machines ($14.9k), and Instruments ($6.47k).

Economic Complexity

Competitive Landscape

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

Product Space of Finland (Flag) and Andorra (Flag) (2022)

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