Italy (ITA) and San Marino (SMR) Trade | The Observatory of Economic Complexity

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Italy-San Marino Trade: In 2023, Italy exported $50M to San Marino. The main products that Italy exported to San Marino were Electricity ($36M) and Petroleum Gas ($14.1M). Over the past 5 years the exports of Italy to San Marino have increased at an annualized rate of 2.21%, from $44.8M in 2018 to $50M in 2023.

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

San Marino-Italy In N/A, San Marino did not export any products to Italy.

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

Comparison In 2023, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B). That same year, San Marino ranked 182 in total exports ($224M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

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Overview In N/A, Italy exported €N/A and imported €N/A from San Marino, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Italy have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Italy to San Marino were N/A. In N/A the top imports of Italy from San Marino were .

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Italy exported $50M to San Marino. The main products exported from Italy to San Marino were Electricity ($36M) and Petroleum Gas ($14.1M). During the last 5 years the exports of Italy to San Marino have increased at an annualized rate of 2.21%, from $44.8M in 2018 to $50M in 2023.

San Marino does not register exports to Italy. The main products exported from San Marino to Italy were Integrated Circuits ($1.21k).

Exports from Italy () to San Marino () (2023)

Exports from San Marino () to Italy () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Italy
Top DestinationGermany$71.4B

San Marino
Top DestinationGermany$25.9M

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

In 2023, countries that imported more from Italy than San Marino included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

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

Difference in imports from San Marino () and Italy () (2023)

Comparative Advantage Italy - San Marino

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Italy had a large net trade with San Marino in the exports of Mineral Products ($50M).

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

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Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Italy () to San Marino () (2023)

Exports from San Marino () to Italy () (2023)

Market Competitiveness

Difference in imports from San Marino () and Italy () (2023)

Comparative Advantage Italy - San Marino

Economic Complexity

Competitive Landscape

Product Space of Italy () and San Marino () (2023)

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Italy () to San Marino () (2023)

Exports from San Marino () to Italy () (2023)

Market Competitiveness

Difference in imports from San Marino () and Italy () (2023)

Comparative Advantage Italy - San Marino

Economic Complexity

Competitive Landscape

Product Space of Italy () and San Marino () (2023)

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