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2023
Flag → Flag
Exports $1.46MRnk 159 / 206
2023
Flag → Flag
Top Product $228kRecreational Boats
2023
Flag → Flag
Exports $450kRnk 37 / 144
2023
Flag → Flag
Top Product $190kBaked Goods
2023
Flag
Economic Complexity (ECI) ECI 1.46Rnk 13 / 132
2023
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GDP$296BCURRENT US$
Rnk 47 / 195
2013-2023
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GDP GROWTH9.35%CURRENT US$
Rnk 158 / 195
2023
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 GDP$3.79BCURRENT US$
Rnk 164 / 195
2013-2023
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GDP GROWTH18.5%CURRENT US$
Rnk 145 / 195
2023
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GDP PC $52,926CURRENT US$
Rnk 23 / 195
2013-2023
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GDP PC GROWTH6.51%CURRENT US$
Rnk 144 / 195
2023
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GDP PC$46,812CURRENT US$
Rnk 29 / 196
2013-2023
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GDP PC GROWTH10.2%CURRENT US$
Rnk 132 / 195

About

Finland-Andorra Trade: In 2023, Finland exported $1.46M to Andorra. The main products that Finland exported to Andorra were Recreational Boats ($228k), Felt or Coated Fabric Garments ($187k), and Lifting Machinery ($167k). Over the past 5 years the exports of Finland to Andorra have increased at an annualized rate of 8.61%, from $967k in 2018 to $1.46M in 2023.

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

Andorra-Finland Trade: In 2023, Andorra exported $450k to Finland. The main products that Andorra exported to Finland were Baked Goods ($190k), Processed Crustaceans ($40.2k), and Other Frozen Vegetables ($38.6k). Over the past 5 years the exports of Andorra to Finland have decreased at an annualized rate of 24.6%,  from $1.85M in 2018 to $450k in 2023.

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

Comparison In 2023,  Finland ranked 13 in the Economic Complexity Index (ECI 1.46),  and 45 in total exports ($84.3B). 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, Finland exported $1.46M to Andorra. The main products exported from Finland to Andorra were Recreational Boats ($228k), Felt or Coated Fabric Garments ($187k), and Lifting Machinery ($167k). During the last 5 years the exports of Finland to Andorra have increased at an annualized rate of 8.61%, from $967k in 2018 to $1.46M in 2023.

In 2018, Andorra exported $450k to Finland. The main products exported from Andorra to Finland were Baked Goods ($190k), Processed Crustaceans ($40.2k), and Other Frozen Vegetables ($38.6k). During the last 5 years the exports of Andorra to Finland have decreased at an annualized rate of 24.6%, from $1.85M in 2023 to $450k in 2018.

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

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

Latest Data

Trade between Finland (Flag) and Andorra (Flag)

Finland Exports

Market Competitiveness

Color
Finland
Top DestinationUnited States$9.68B
Andorra
Top DestinationSpain$99.1M

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 2023, countries that imported more from Finland than Andorra included United States ($9.68B), Germany ($9.26B), and Sweden ($8.13B).

In 2023, countries that imported more from Andorra than Finland included Samoa ($185).

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

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 2023, Finland had a large net trade with Andorra in the exports of Machines ($661k), Textiles ($264k), and Transportation ($239k).

During 2018, Andorra had a large net trade with Finland in the exports of Foodstuffs ($353k), Animal Products ($39.3k), and Vegetable Products ($20.4k).

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) (2023)

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