2023
Flag  
GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
 GDP
$3.79BCURRENT US$
Rnk 164 / 195
2013-2023
Flag
GDP GROWTH
18.5%CURRENT US$
Rnk 145 / 195
2023
Flag
GDP PC 
$87,925CURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP PC GROWTH
-15.1%CURRENT US$
Rnk 171 / 195
2023
Flag
GDP PC
$46,812CURRENT US$
Rnk 29 / 196
2013-2023
Flag
GDP PC GROWTH
10.2%CURRENT US$
Rnk 132 / 195

About

Norway-Andorra Trade: In 2023, Norway exported $2.19M to Andorra. The main products that Norway exported to Andorra were Integrated Circuits ($1.97M), Cars ($68.9k), and Special Pharmaceuticals ($46.9k). Over the past 5 years the exports of Norway to Andorra have increased at an annualized rate of 60.6%, from $205k in 2018 to $2.19M in 2023.

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

Andorra-Norway Trade: In 2023, Andorra exported $3.49M to Norway. The main products that Andorra exported to Norway were Integrated Circuits ($2.8M), Blank Audio Media ($573k), and Copper Bars ($40.9k). Over the past 5 years the exports of Andorra to Norway have decreased at an annualized rate of 4.68%,  from $4.44M in 2018 to $3.49M in 2023.

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

Comparison In 2023,  Norway ranked 44 in the Economic Complexity Index (ECI 0.47),  and 33 in total exports ($187B). 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, Norway exported $2.19M to Andorra. The main products exported from Norway to Andorra were Integrated Circuits ($1.97M), Cars ($68.9k), and Special Pharmaceuticals ($46.9k). During the last 5 years the exports of Norway to Andorra have increased at an annualized rate of 60.6%, from $205k in 2018 to $2.19M in 2023.

In 2018, Andorra exported $3.49M to Norway. The main products exported from Andorra to Norway were Integrated Circuits ($2.8M), Blank Audio Media ($573k), and Copper Bars ($40.9k). During the last 5 years the exports of Andorra to Norway have decreased at an annualized rate of 4.68%, from $4.44M in 2023 to $3.49M in 2018.

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

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

Market Competitiveness

Color
Norway
Top Destination
Germany$33.8B
Andorra
Top Destination
Spain$99.1M

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

In 2023, countries that imported more from Norway than Andorra included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

In 2023, countries that imported more from Andorra than Norway included Djibouti ($771k) and Madagascar ($158k).

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

Comparative Advantage Norway - Andorra

Flow
Scale

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

During 2023, Norway had a large net trade with Andorra in the exports of Machines ($1.99M), Transportation ($71.5k), and Chemical Products ($53k).

During 2018, Andorra had a large net trade with Norway in the exports of Machines ($3.38M), Metals ($40.9k), and Paper Goods ($32.4k).

Economic Complexity

Competitive Landscape

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

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

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