Country intelligence · AND · 2024

Andorra trade profile

In 2024, Andorra recorded $204.8M in merchandise exports and $2.0B in imports, producing a $1.8B trade deficit. Exports changed -12.2% from the previous year, while imports changed +0.9%.[1]

Exports

$204.8M

-12.2%

Imports

$2.0B

+0.9%

Trade balance

-$1.8B

deficit

Active partners

270

28 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$204.8M$2.0B-$1.8B-12.2%
2023$233.3M$1.9B-$1.7B-23.1%
2022$303.4M$1.8B-$1.5B+81.4%
2021$167.2M$1.6B-$1.4B+1.4%
2020$164.8M$1.5B-$1.4B+13.0%
2019$145.9M$1.5B-$1.4B+4.7%
2018$139.3M$1.6B-$1.4B+5.2%
2017$132.4M$1.5B-$1.3B+14.2%
2016$115.9M$1.4B-$1.2B+39.2%
2015$83.3M$1.3B-$1.2B-77.2%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 97 · HS chapter

7 active HS6 lines · 122 export partners

$59.1M
2

HS 85 · Electrical machinery

260 active HS6 lines · 99 export partners

$43.0M
3

HS 87 · Vehicles

87 active HS6 lines · 89 export partners

$23.7M
4

HS 90 · HS chapter

137 active HS6 lines · 68 export partners

$19.4M
5

HS 84 · Machinery

509 active HS6 lines · 96 export partners

$8.4M
6

HS 48 · HS chapter

97 active HS6 lines · 32 export partners

$6.9M
7

HS 91 · HS chapter

43 active HS6 lines · 26 export partners

$4.4M
8

HS 71 · Precious metals and stones

40 active HS6 lines · 24 export partners

$4.0M

Leading export markets

Destinations rank bilateral export flows from Andorra; growth describes each corridor rather than the whole economy.

1

Spain

Annual change +30.6% · 3-year CAGR 12.4%

$114.7M
2

France

Annual change -41.7% · 3-year CAGR -17.6%

$12.0M
3

United Kingdom

Annual change -2.6% · 3-year CAGR 12.6%

$11.3M
4

El Salvador

Annual change +286.9% · 3-year CAGR 45.5%

$7.1M
5

Nigeria

Annual change +974.9% · 3-year CAGR -6.9%

$5.9M
6

Norway

Annual change +46.5% · 3-year CAGR 23.1%

$4.7M
7

Switzerland

Annual change +487.5% · 3-year CAGR 59.2%

$3.9M
8

United Arab Emirates

Annual change -66.5% · 3-year CAGR -19.8%

$3.3M

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.