2023
Flag  
GDP
$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH
92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
GDP PC 
$2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH
73.1%CURRENT US$
Rnk 22 / 195

About

India-San Marino Trade: In 2023, India exported $440k to San Marino. The main products that India exported to San Marino were Oxygen Amino Compounds ($295k), Other Plastic Sheetings ($114k), and Precious Stones ($28.2k). Over the past 5 years the exports of India to San Marino have increased at an annualized rate of 35.2%, from $97.3k in 2018 to $440k in 2023.

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

San Marino-India Trade: In 2023, San Marino exported $316k to India. The main products that San Marino exported to India were Plastic Pipes ($118k), Other Plastic Sheetings ($49.8k), and Other Plastic Products ($33.4k). Over the past 5 years the exports of San Marino to India have increased at an annualized rate of 6.6%,  from $190k in 2018 to $316k in 2023.

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

Comparison In 2023,  India ranked 39 in the Economic Complexity Index (ECI 0.65),  and 12 in total exports ($441B). That same year, San Marino ranked 182 in total exports ($224M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, India exported $440k to San Marino. The main products exported from India to San Marino were Oxygen Amino Compounds ($295k), Other Plastic Sheetings ($114k), and Precious Stones ($28.2k). During the last 5 years the exports of India to San Marino have increased at an annualized rate of 35.2%, from $97.3k in 2018 to $440k in 2023.

In 2018, San Marino exported $316k to India. The main products exported from San Marino to India were Plastic Pipes ($118k), Other Plastic Sheetings ($49.8k), and Other Plastic Products ($33.4k). During the last 5 years the exports of San Marino to India have increased at an annualized rate of 6.6%, from $190k in 2023 to $316k in 2018.

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

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

Market Competitiveness

Color
India
Top Destination
United States$85.5B
San Marino
Top Destination
Germany$25.9M

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

In 2023, countries that imported more from India than San Marino included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

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

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

Comparative Advantage India - San Marino

Flow
Scale

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

During 2023, India had a large net trade with San Marino in the exports of Chemical Products ($295k), Plastics and Rubbers ($114k), and Precious Metals ($28.3k).

During 2018, San Marino had a large net trade with India in the exports of Plastics and Rubbers ($248k), Chemical Products ($44.7k), and Machines ($13.4k).

Economic Complexity

Competitive Landscape

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

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

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