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2023
Flag → Flag
Exports $95.1MRnk 136 / 220
2023
Flag → Flag
Top Product $43.2MCars
2023
Flag → Flag
Exports $25.9MRnk 1 / 101
2023
Flag → Flag
Top Product $12.6MPlanes, Helicopters, and/or Spacecraft
2023
Flag
Economic Complexity (ECI) ECI 1.79Rnk 5 / 132
2023
Flag  
GDP$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH18.8%CURRENT US$
Rnk 144 / 195
2023
Flag
GDP PC $54,343CURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP PC GROWTH15.1%CURRENT US$
Rnk 118 / 195

About

Germany-San Marino Trade: In 2023, Germany exported $95.1M to San Marino. The main products that Germany exported to San Marino were Cars ($43.2M), Knit T-shirts ($3.33M), and Electrical Transformers ($2.84M). Over the past 5 years the exports of Germany to San Marino have increased at an annualized rate of 9.39%, from $60.7M in 2018 to $95.1M in 2023.

In 2023, Germany did not export any services to San Marino.

San Marino-Germany Trade: In 2023, San Marino exported $25.9M to Germany. The main products that San Marino exported to Germany were Planes, Helicopters, and/or Spacecraft ($12.6M), Washing and Bottling Machines ($5.37M), and Paper Containers ($1.08M). Over the past 5 years the exports of San Marino to Germany have increased at an annualized rate of 10.8%,  from $12.6M in 2018 to $25.9M in 2023.

In 2023, San Marino did not export any services to Germany.

Comparison In 2023,  Germany ranked 5 in the Economic Complexity Index (ECI 1.79),  and 3 in total exports ($1.57T). That same year, San Marino ranked 182 in total exports ($224M), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Germany exported €7.23M and imported €1.26M from San Marino, resulting in a positive trade balance of €5.97M. Between November 2023 and November 2024 the exports of Germany have decreased by €-519k (-6.7%) from €7.75M to €7.23M, while imports increased by €466k (58.8%) from €793k to €1.26M.

Trade In November 2024, the top exports of Germany to San Marino were Motor cars and motor caravans (€1.76M), Cocoa and cocoa products (€556k), Articles of plastic (€511k), Machinery for electricity production, distribution (€432k), and Other electric machinery, apparatus and appliances (€329k). In November 2024 the top imports of Germany from San Marino were Other machinery (€252k), Rubber, worked (€66k), Semi-finished products of copper and copper... (€42k), Other food of vegetable origin (€40k), and Other chemical final products (€33k).

Origins In November 2024 the exports of Germany were mainly from Baden-Württemberg (€1.94M), Bavaria (€1.49M), Lower Saxony (€401k), North Rhine-Westphalia (€307k), and Hesse (€148k), while imports destinations were mainly Hesse (€361k), North Rhine-Westphalia (€361k), Bavaria (€223k), Baden-Württemberg (€189k), and Rhineland-Pfalz (€54k).

Growth In November 2024, the decrease in Germany's year-by-year exports to San Marino was explained primarily by an decrease in product exports in Motor cars and motor caravans (€-944k or -34.9%), Machinery for electricity production, distribution (€-204k or -32.1%), and Articles of plastic (€-85k or -14.3%). In November 2024, the increase in Germany's year-by-year imports  from San Marino was explained primarily by an increase in product imports  in Rubber, worked (€32k or 94.1%), Other articles of iron, iron sheet,... (€13k or 130%), and Articles of plastic (€8k or 160%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)€-519k(-6.7%)
IMPORT GROWTH (November 2023 - November 2024)€466k(58.8%)
MAIN EXPORTER (November 2024)Baden-Württemberg€1.94M

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check San Marino and Germany trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Germany exported $95.1M to San Marino. The main products exported from Germany to San Marino were Cars ($43.2M), Knit T-shirts ($3.33M), and Electrical Transformers ($2.84M). During the last 5 years the exports of Germany to San Marino have increased at an annualized rate of 9.39%, from $60.7M in 2018 to $95.1M in 2023.

In 2018, San Marino exported $25.9M to Germany. The main products exported from San Marino to Germany were Planes, Helicopters, and/or Spacecraft ($12.6M), Washing and Bottling Machines ($5.37M), and Paper Containers ($1.08M). During the last 5 years the exports of San Marino to Germany have increased at an annualized rate of 10.8%, from $12.6M in 2023 to $25.9M in 2018.

Exports from Germany (Flag) to San Marino (Flag) (2023)

Exports from San Marino (Flag) to Germany (Flag) (2023)

Market Competitiveness

Color
Germany
Top DestinationUnited States$157B
San Marino
Top DestinationGermany$25.9M

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

In 2023, countries that imported more from Germany than San Marino included United States ($157B), France ($118B), and Netherlands ($108B).

In 2023, no countries were registered that imported more from San Marino than from Germany.

Difference in imports from San Marino (Flag) and Germany (Flag) (2023)

Comparative Advantage Germany - San Marino

Flow
Scale

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

During 2023, Germany had a large net trade with San Marino in the exports of Transportation ($45.1M), Machines ($13M), and Textiles ($9.97M).

During 2018, San Marino had a large net trade with Germany in the exports of Transportation ($12.7M), Machines ($7.6M), and Metals ($1.52M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Germany and San Marino. This means that a dot/product with the flag of Germany 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 Germany.

Product Space of Germany (Flag) and San Marino (Flag) (2023)

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