2022
Flag  
GDP
$808BCURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 128 / 186
2022
Flag
GDP PC 
$92,101CURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP PC GROWTH
7.3%CURRENT US$
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About

Switzerland-San Marino Trade: In 2022, Switzerland exported $18.5M to San Marino. The main products that Switzerland exported to San Marino were Other Small Iron Pipes ($14.3M), Collector's Items ($2.16M), and Packaged Medicaments ($779k). Over the past 5 years the exports of Switzerland to San Marino have increased at an annualized rate of 52.4%, from $2.26M in 2017 to $18.5M in 2022.

In 2022, Switzerland did not export any services to San Marino.

San Marino-Switzerland Trade: In 2022, San Marino exported $1.84M to Switzerland. The main products that San Marino exported to Switzerland were Collector's Items ($511k), Large Coated Flat-Rolled Iron ($206k), and Woodworking machines ($157k). Over the past 5 years the exports of San Marino to Switzerland have increased at an annualized rate of 2.24%,  from $1.65M in 2017 to $1.84M in 2022.

In 2022, San Marino did not export any services to Switzerland.

Comparison In 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97),  and 17 in total exports ($402B). That same year, San Marino ranked 187 in total exports ($204M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Switzerland exported $18.5M to San Marino. The main products exported from Switzerland to San Marino were Other Small Iron Pipes ($14.3M), Collector's Items ($2.16M), and Packaged Medicaments ($779k). During the last 5 years the exports of Switzerland to San Marino have increased at an annualized rate of 52.4%, from $2.26M in 2017 to $18.5M in 2022.

In 2017, San Marino exported $1.84M to Switzerland. The main products exported from San Marino to Switzerland were Collector's Items ($511k), Large Coated Flat-Rolled Iron ($206k), and Woodworking machines ($157k). During the last 5 years the exports of San Marino to Switzerland have increased at an annualized rate of 2.24%, from $1.65M in 2022 to $1.84M in 2017.

Exports from Switzerland (Flag) to San Marino (Flag) (2022)

Exports from San Marino (Flag) to Switzerland (Flag) (2022)

Latest Data

Trade between Switzerland (Flag) and San Marino (Flag)

Switzerland Exports

Market Competitiveness

Color
Switzerland
Top Destination
United States$61.7B
San Marino
Top Destination
United States$20M

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

In 2022, countries that imported more from Switzerland than San Marino included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

In 2022, no countries were registered that imported more from San Marino than from Switzerland.

Difference in imports from San Marino (Flag) and Switzerland (Flag) (2022)

Comparative Advantage Switzerland - San Marino

Flow
Scale

This chart compares trade between Switzerland and San Marino by product, considering products traded by both, Switzerland and San Marino.

During 2022, Switzerland had a large net trade with San Marino in the exports of Metals ($14.4M), Arts and Antiques ($2.16M), and Chemical Products ($1.11M).

During 2017, San Marino had a large net trade with Switzerland in the exports of Arts and Antiques ($515k), Metals ($395k), and Machines ($295k).

Economic Complexity

Competitive Landscape

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

Product Space of Switzerland (Flag) and San Marino (Flag) (2022)

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