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Pricing

2022
Flag → Flag
Exports $1.43MRnk 199 / 220
2022
Flag → Flag
Top Product $965kRaw Aluminium
2022
Flag → Flag
Exports $9.75MRnk 9 / 102
2022
Flag → Flag
Top Product $8.46MOther Furniture
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 4 / 133
2022
Flag  
GDP$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP GROWTH30.3%CURRENT US$
Rnk 100 / 186
2022
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GDP PC $32,255CURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP PC GROWTH26.7%CURRENT US$
Rnk 70 / 186

About

South Korea-San Marino Trade: In 2022, South Korea exported $1.43M to San Marino. The main products that South Korea exported to San Marino were Raw Aluminium ($965k), Packaged Medicaments ($214k), and Beauty Products ($130k). Over the past 5 years the exports of South Korea to San Marino have increased at an annualized rate of 53.1%, from $170k in 2017 to $1.43M in 2022.

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

San Marino-South Korea Trade: In 2022, San Marino exported $9.75M to South Korea. The main products that San Marino exported to South Korea were Other Furniture ($8.46M), Washing and Bottling Machines ($595k), and Leather Apparel ($264k). Over the past 5 years the exports of San Marino to South Korea have increased at an annualized rate of 35%,  from $653k in 2017 to $9.75M in 2022.

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

Comparison In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.78),  and 5 in total exports ($705B). That same year, San Marino ranked 187 in total exports ($204M), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, South Korea exported $10k and imported $537k from San Marino, resulting in a negative trade balance of $527k. Between November 2023 and November 2024 the exports of South Korea have decreased by $-64k (-86.5%) from $74k to $10k, while imports decreased by $-519k (-49.1%) from $1.06M to $537k.

Trade In November 2024, the top exports of South Korea to San Marino were Perfumery & cosmetics ($6k), Optical, photo, & film equipment; medical... ($3k), Cocoa & cocoa preparations ($0), Miscellaneous edible preparations ($0), and Leather articles ($0). In November 2024 the top imports of South Korea from San Marino were Knitted clothing accesories ($227k), Furskins, articifial fur, & articles ($145k), Machinery, mechanical appliances, & parts ($68k), Miscellaneous edible preparations ($36k), and Cocoa & cocoa preparations ($3k).

Growth In November 2024, the decrease in South Korea's year-by-year exports to San Marino was explained primarily by an decrease in product exports in . In November 2024, the decrease in South Korea's year-by-year imports  from San Marino was explained primarily by an decrease in product imports  in Leather articles ($-221k or -100%), Miscellaneous edible preparations ($-4k or -10%), and Non-knitted clothing accesories ($-3k or -100%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$-64k(-86.5%)
IMPORT GROWTH (November 2023 - November 2024)$-519k(-49.1%)

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

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

For full datasets download visit Bulk Download page.

Explore San Marino and South Korea Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $1.43M to San Marino. The main products exported from South Korea to San Marino were Raw Aluminium ($965k), Packaged Medicaments ($214k), and Beauty Products ($130k). During the last 5 years the exports of South Korea to San Marino have increased at an annualized rate of 53.1%, from $170k in 2017 to $1.43M in 2022.

In 2017, San Marino exported $9.75M to South Korea. The main products exported from San Marino to South Korea were Other Furniture ($8.46M), Washing and Bottling Machines ($595k), and Leather Apparel ($264k). During the last 5 years the exports of San Marino to South Korea have increased at an annualized rate of 35%, from $653k in 2022 to $9.75M in 2017.

Exports from South Korea (Flag) to San Marino (Flag) (2022)

Exports from San Marino (Flag) to South Korea (Flag) (2022)

Market Competitiveness

Color
South Korea
Top DestinationChina$150B
San Marino
Top DestinationUnited States$20M

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

In 2022, countries that imported more from South Korea than San Marino included China ($150B), United States ($112B), and Vietnam ($60.7B).

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

Difference in imports from San Marino (Flag) and South Korea (Flag) (2022)

Comparative Advantage South Korea - San Marino

Flow
Scale

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

During 2022, South Korea had a large net trade with San Marino in the exports of Metals ($965k), Chemical Products ($418k), and Machines ($31.5k).

During 2017, San Marino had a large net trade with South Korea in the exports of Miscellaneous ($8.47M), Machines ($604k), and Animal Hides ($335k).

Economic Complexity

Competitive Landscape

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

Product Space of South Korea (Flag) and San Marino (Flag) (2022)

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