Merchandise Trade Balance in Andorra
In the year 2021, the merchandise trade balance in Andorra was USD -1.14 billion, compared to USD -1.52 billion in 2011 and USD -1.33 billion in 2020. It averaged USD -1.35 billion over the last decade. For more trade information, visit our dedicated page.
Andorra Trade Chart
Note: This chart displays Trade Balance (USD billion) for Andorra from 2012 to 2021.
Source: Macrobond.
Andorra Trade Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Merchandise Trade Balance (USD bn) | -1.4 | -1.3 | -1.1 | - | - |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Andorran trade projections for the next ten years from a panel of 1 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable trade forecast available for Andorran trade.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Andorran trade projections.
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