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Pricing

2022
Flag → Flag
Exports $30.9MRnk 141 / 218
2022
Flag → Flag
Top Product $10.5MAnimal Food
2022
Flag → Flag
Exports $9.36MRnk 10 / 102
2022
Flag → Flag
Top Product $6.83MWashing and Bottling Machines
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186

About

Spain-San Marino Trade: In 2022, Spain exported $30.9M to San Marino. The main products that Spain exported to San Marino were Animal Food ($10.5M), Kraft Paper ($2.91M), and Coated Flat-Rolled Iron ($1.96M). Over the past 5 years the exports of Spain to San Marino have increased at an annualized rate of 10.4%, from $18.8M in 2017 to $30.9M in 2022.

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

San Marino-Spain Trade: In 2022, San Marino exported $9.36M to Spain. The main products that San Marino exported to Spain were Washing and Bottling Machines ($6.83M), Unpackaged Medicaments ($454k), and Copper Pipe Fittings ($329k). Over the past 5 years the exports of San Marino to Spain have increased at an annualized rate of 13.4%,  from $4.99M in 2017 to $9.36M in 2022.

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

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81),  and 20 in total exports ($394B). That same year, San Marino ranked 187 in total exports ($204M), and does not have data regarding Economic Complexity Index.

Latest Trends

September, 2024

About

Overview In September 2024, Spain exported €2.49M and imported €851k from San Marino, resulting in a positive trade balance of €1.64M. Between September 2023 and September 2024 the exports of Spain have decreased by €-381k (-13.3%) from €2.87M to €2.49M, while imports increased by €95.4k (12.6%) from €755k to €851k.

Trade In September 2024, the top exports of Spain to San Marino were Animal Food (€1.16M), Kraft Paper (€204k), Other toys (€201k), Nitrogen Heterocyclic Compounds (€167k), and Carboxyamide Compounds (€105k). In September 2024 the top imports of Spain from San Marino were Washing and Bottling Machines (€422k), Unpackaged Medicaments (€118k), Pesticides (€61.1k), Woodworking machines (€52.6k), and Copper Pipe Fittings (€29.4k).

Origins In September 2024 the exports of Spain were mainly from Madrid (€1.19M), Barcelona (€606k), Valencia (€265k), Vizcaya (€204k), and Málaga (€65.6k), while imports destinations were mainly Granada (€354k), Tarragona (€337k), Alicante (€37.6k), Zaragoza (€26k), and Madrid (€25.3k).

Growth In September 2024, the decrease in Spain's year-by-year exports to San Marino was explained primarily by an decrease in product exports in Sports Equipment (€-21k or -93.6%), Electrical Control Boards (€-18.3k or -74.1%), and Other Women's Undergarments (€-13.1k or -94.8%). In September 2024, the increase in Spain's year-by-year imports  from San Marino was explained primarily by an increase in product imports  in Washing and Bottling Machines (€149k or 54.6%), Woodworking machines (€51.7k or 5.88k%), and Copper Pipe Fittings (€9.05k or 44.4%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)€-381k(-13.3%)
IMPORT GROWTH (September 2023 - September 2024)€95.4k(12.6%)
MAIN EXPORTER (September 2024)Madrid€1.19M

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

To check San Marino and Spain 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 2022, Spain exported $30.9M to San Marino. The main products exported from Spain to San Marino were Animal Food ($10.5M), Kraft Paper ($2.91M), and Coated Flat-Rolled Iron ($1.96M). During the last 5 years the exports of Spain to San Marino have increased at an annualized rate of 10.4%, from $18.8M in 2017 to $30.9M in 2022.

In 2017, San Marino exported $9.36M to Spain. The main products exported from San Marino to Spain were Washing and Bottling Machines ($6.83M), Unpackaged Medicaments ($454k), and Copper Pipe Fittings ($329k). During the last 5 years the exports of San Marino to Spain have increased at an annualized rate of 13.4%, from $4.99M in 2022 to $9.36M in 2017.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
San Marino
Top DestinationUnited States$20M

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

In 2022, countries that imported more from Spain than San Marino included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

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

Comparative Advantage Spain - San Marino

Flow
Scale

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

During 2022, Spain had a large net trade with San Marino in the exports of Foodstuffs ($11.3M), Metals ($4.1M), and Chemical Products ($3.71M).

During 2017, San Marino had a large net trade with Spain in the exports of Machines ($7.49M), Chemical Products ($732k), and Metals ($438k).

Economic Complexity

Competitive Landscape

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

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

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