Trade Trend

In 2023, Andorra's total export value is 251.72Million USD, total import value is 1.99Billion USD, Deficit is -1.74Billion USD, and foreign trade dependency is 0.602. In 2023，Andorra's top export products are Paintings, drawings and pastels, executed entirely by hand; not drawings of heading no. 4906 and not handpainted, handdecorated manufactured articles; collages, mosaics and similar decorative plaques(50.36Million USD), Discs, tapes, solidstate nonvolatile storage devices, smart cards and other media for the recording of sound or of other phenomena, whether or not recorded, including matrices and masters for the production of discs, excluding products of Chapter 37(42.01Million USD), Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(34.27Million USD), top export destinations are Spain(107.24Million USD), None(54.86Million USD), France(30.82Million USD). In 2023, Andorra's top import products are Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(231.39Million USD), Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(122.62Million USD), Perfumes and toilet waters(58.15Million USD), top import origins are Spain(1.29Billion USD), France(212.40Million USD), Germany(110.50Million USD).

Comparing to 2022, Andorra's total export value decreased -150.86Million USD(-37.47%) in 2023, this could result from its export decreases of products such as Paintings, drawings and pastels, executed entirely by hand; not drawings of heading no. 4906 and not handpainted, handdecorated manufactured articles; collages, mosaics and similar decorative plaques(-177.53Million USD or -77.90%), Motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, with or without sidecars; sidecars(-1.97Million USD or -62.17%), Air or vacuum pumps, air or other gas compressors and fans; ventilating or recycling hoods incorporating a fan; gastight biological safety cabinets whether or not fitted with filters(-1.14Million USD or -66.63%) and export decreases to countries/economics such as Spain(-211.78Million USD or -66.38%), Germany(-4.07Million USD or -68.72%), United Kingdom(-2.04Million USD or -16.94%). Comparing to 2022, Andorra's total import value increased 131.71Million USD(7.07%) in 2023, this could result from its import increases of products such as Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(58.89Million USD or 34.14%), Perfumes and toilet waters(17.42Million USD or 42.77%), Electronic integrated circuits(16.44Million USD or 96.15%), and its import increases from countries/economies such as Spain(53.99Million USD or 4.38%), Germany(17.09Million USD or 18.29%), Italy(9.75Million USD or 18.59%).

Cumulated to first 6 months of 2024, Andorra's total export value is 59.94Million USD, total import value is 630.75Million USD, and tradedeficit is -570.80Million USD. Cumulated to first 6 months of 2024, Andorra's top export products are Discs, tapes, solidstate nonvolatile storage devices, smart cards and other media for the recording of sound or of other phenomena, whether or not recorded, including matrices and masters for the production of discs, excluding products of Chapter 37(12.72Million USD), Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(11.43Million USD), Orthopaedic appliances; including crutches, surgical belts and trusses; splints and other fracture appliances; artificial parts of the body; hearing aids and other which are worn, carried or implanted in the body to compensate for a defect or disability(5.22Million USD), and top export destinations are Spain(32.55Million USD), France(5.39Million USD), United Kingdom(3.99Million USD). Cumulated to first 6 months of 2024, Andorra's top import products are Discs, tapes, solidstate nonvolatile storage devices, smart cards and other media for the recording of sound or of other phenomena, whether or not recorded, including matrices and masters for the production of discs, excluding products of Chapter 37(12.72Million USD), Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars(11.43Million USD), Orthopaedic appliances; including crutches, surgical belts and trusses; splints and other fracture appliances; artificial parts of the body; hearing aids and other which are worn, carried or implanted in the body to compensate for a defect or disability(5.22Million USD), and top import origins areSpain(439.93Million USD), France(86.97Million USD), Germany(29.17Million USD).