2022
Flag  
GDP
$82.3BCURRENT US$
Rnk 71 / 186
2012-2022
Flag
GDP GROWTH
37.6%CURRENT US$
Rnk 87 / 186
2022
Flag
 GDP
$3.35BCURRENT US$
Rnk 159 / 186
2012-2022
Flag
GDP GROWTH
5.12%CURRENT US$
Rnk 155 / 186
2022
Flag
GDP PC 
$126,426CURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP PC GROWTH
12.3%CURRENT US$
Rnk 108 / 186
2022
Flag
GDP PC
$41,993CURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP PC GROWTH
-6.48%CURRENT US$
Rnk 157 / 186

About

Luxembourg-Andorra Trade: In 2022, Luxembourg exported $2.01M to Andorra. The main products that Luxembourg exported to Andorra were Processed Tobacco ($958k), Cars ($297k), and Paper Labels ($218k). Over the past 5 years the exports of Luxembourg to Andorra have increased at an annualized rate of 2.34%, from $1.79M in 2017 to $2.01M in 2022.

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

Andorra-Luxembourg Trade: In 2022, Andorra exported $33.3k to Luxembourg. The main products that Andorra exported to Luxembourg were Perfumes ($10.2k), Hard Liquor ($8.89k), and Cars ($3.32k). Over the past 5 years the exports of Andorra to Luxembourg have decreased at an annualized rate of 18.5%,  from $92.5k in 2017 to $33.3k in 2022.

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

Comparison In 2022,  Luxembourg ranked 78 in total exports ($20.5B). That same year, Andorra ranked 174 in total exports ($407M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Luxembourg exported $2.01M to Andorra. The main products exported from Luxembourg to Andorra were Processed Tobacco ($958k), Cars ($297k), and Paper Labels ($218k). During the last 5 years the exports of Luxembourg to Andorra have increased at an annualized rate of 2.34%, from $1.79M in 2017 to $2.01M in 2022.

In 2017, Andorra exported $33.3k to Luxembourg. The main products exported from Andorra to Luxembourg were Perfumes ($10.2k), Hard Liquor ($8.89k), and Cars ($3.32k). During the last 5 years the exports of Andorra to Luxembourg have decreased at an annualized rate of 18.5%, from $92.5k in 2022 to $33.3k in 2017.

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

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

Latest Data

Trade between Luxembourg (Flag) and Andorra (Flag)

Luxembourg Exports

Market Competitiveness

Color
Luxembourg
Top Destination
Germany$4.15B
Andorra
Top Destination
Spain$297M

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

In 2022, countries that imported more from Luxembourg than Andorra included Germany ($4.15B), France ($3.07B), and Belgium ($2.09B).

In 2022, countries that imported more from Andorra than Luxembourg included El Salvador ($3.4M), Palestine ($32.8k), and North Korea ($637).

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

Comparative Advantage Luxembourg - Andorra

Flow
Scale

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

During 2022, Luxembourg had a large net trade with Andorra in the exports of Foodstuffs ($1.01M), Transportation ($298k), and Paper Goods ($289k).

During 2017, Andorra had a large net trade with Luxembourg in the exports of Chemical Products ($10.8k), Foodstuffs ($9k), and Machines ($4.2k).

Economic Complexity

Competitive Landscape

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

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

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