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
$46,812CURRENT US$
Rnk 29 / 196
2013-2023
Flag
GDP PC GROWTH
10.2%CURRENT US$
Rnk 132 / 195

About

Chinese Taipei-Andorra Trade: In 2023, Chinese Taipei exported $17.6M to Andorra. The main products that Chinese Taipei exported to Andorra were Bicycles, delivery tricycles, other cycles ($9.11M), Motorcycles and cycles ($3.21M), and Bi-Wheel Vehicle Parts ($2.96M). Over the past 5 years the exports of Chinese Taipei to Andorra have increased at an annualized rate of 32.2%, from $4.36M in 2018 to $17.6M in 2023.

In 2023, Chinese Taipei did not export any services to Andorra.

Andorra-Chinese Taipei Trade: In 2023, Andorra exported $42.5k to Chinese Taipei. The main products that Andorra exported to Chinese Taipei were Audio Alarms ($9.18k), Non-Knit Women's Suits ($8.12k), and Trunks and Cases ($7k). Over the past 5 years the exports of Andorra to Chinese Taipei have decreased at an annualized rate of 4.76%,  from $54.2k in 2018 to $42.5k in 2023.

In 2023, Andorra did not export any services to Chinese Taipei.

Comparison In 2023,  Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2),  and 11 in total exports ($509B). 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, Chinese Taipei exported $17.6M to Andorra. The main products exported from Chinese Taipei to Andorra were Bicycles, delivery tricycles, other cycles ($9.11M), Motorcycles and cycles ($3.21M), and Bi-Wheel Vehicle Parts ($2.96M). During the last 5 years the exports of Chinese Taipei to Andorra have increased at an annualized rate of 32.2%, from $4.36M in 2018 to $17.6M in 2023.

In 2018, Andorra exported $42.5k to Chinese Taipei. The main products exported from Andorra to Chinese Taipei were Audio Alarms ($9.18k), Non-Knit Women's Suits ($8.12k), and Trunks and Cases ($7k). During the last 5 years the exports of Andorra to Chinese Taipei have decreased at an annualized rate of 4.76%, from $54.2k in 2023 to $42.5k in 2018.

Exports from Chinese Taipei (Flag) to Andorra (Flag) (2023)

Exports from Andorra (Flag) to Chinese Taipei (Flag) (2023)

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$101B
Andorra
Top Destination
Spain$99.1M

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

In 2023, countries that imported more from Chinese Taipei than Andorra included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

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

Difference in imports from Andorra (Flag) and Chinese Taipei (Flag) (2023)

Comparative Advantage Chinese Taipei - Andorra

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with Andorra in the exports of Transportation ($15.3M), Machines ($1.35M), and Instruments ($455k).

During 2018, Andorra had a large net trade with Chinese Taipei in the exports of Textiles ($16.3k), Machines ($11.3k), and Animal Hides ($7k).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and Andorra (Flag) (2023)

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