Andorra (AND) and Chinese Taipei (TWN) Trade | The Observatory of Economic Complexity

About

Andorra-Chinese Taipei Trade: In 2022, Andorra exported $116k to Chinese Taipei. The main products that Andorra exported to Chinese Taipei were Integrated Circuits ($44.7k), Other Plastic Products ($7.49k), and Electrical Control Boards ($7.15k). Over the past 5 years the exports of Andorra to Chinese Taipei have decreased at an annualized rate of 2.89%, from $135k in 2017 to $116k in 2022.

In 2022, Andorra did not export any services to Chinese Taipei.

Chinese Taipei-Andorra Trade: In 2022, Chinese Taipei exported $9.21M to Andorra. The main products that Chinese Taipei exported to Andorra were Bi-Wheel Vehicle Parts ($3.76M), Bicycles, delivery tricycles, other cycles ($2.58M), and Broadcasting Equipment ($933k). Over the past 5 years the exports of Chinese Taipei to Andorra have increased at an annualized rate of 19.3%, from $3.82M in 2017 to $9.21M in 2022.

In 2022, Chinese Taipei did not export any services to Andorra.

Comparison In 2022, Andorra ranked 174 in total exports ($407M), and does not have data regarding Economic Complexity Index. That same year, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Andorra exported $116k to Chinese Taipei. The main products exported from Andorra to Chinese Taipei were Integrated Circuits ($44.7k), Other Plastic Products ($7.49k), and Electrical Control Boards ($7.15k). During the last 5 years the exports of Andorra to Chinese Taipei have decreased at an annualized rate of 2.89%, from $135k in 2017 to $116k in 2022.

In 2017, Chinese Taipei exported $9.21M to Andorra. The main products exported from Chinese Taipei to Andorra were Bi-Wheel Vehicle Parts ($3.76M), Bicycles, delivery tricycles, other cycles ($2.58M), and Broadcasting Equipment ($933k). During the last 5 years the exports of Chinese Taipei to Andorra have increased at an annualized rate of 19.3%, from $3.82M in 2022 to $9.21M in 2017.

Exports from Andorra () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Andorra () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Andorra
Top DestinationSpain$297M

Chinese Taipei
Top DestinationChina$121B

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

In 2022, countries that imported more from Andorra than Chinese Taipei included North Korea ($637) and Montserrat ($218).

In 2022, countries that imported more from Chinese Taipei than Andorra included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei () and Andorra () (2022)

Comparative Advantage Andorra - Chinese Taipei

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Andorra had a large net trade with Chinese Taipei in the exports of Machines ($60.9k), Textiles ($20.9k), and Transportation ($11k).

During 2017, Chinese Taipei had a large net trade with Andorra in the exports of Transportation ($6.42M), Machines ($1.65M), and Instruments ($393k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Andorra () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Andorra () (2022)

Market Competitiveness

Difference in imports from Chinese Taipei () and Andorra () (2022)

Comparative Advantage Andorra - Chinese Taipei

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Andorra () and Chinese Taipei () (2022)

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