Norway (NOR) and San Marino (SMR) Trade | The Observatory of Economic Complexity

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Norway-San Marino Trade: In 2023, Norway exported $11.1M to San Marino. The main products that Norway exported to San Marino were Dried/Salted/Smoked/Brined Fish ($5.52M), Raw Aluminium ($5.48M), and Processed Crustaceans ($29.7k). Over the past 5 years the exports of Norway to San Marino have increased at an annualized rate of 23.8%, from $3.8M in 2018 to $11.1M in 2023.

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

San Marino-Norway Trade: In 2023, San Marino exported $509k to Norway. The main products that San Marino exported to Norway were Packaged Medicaments ($248k), Other Edible Preparations ($141k), and Aluminium Structures ($38k). Over the past 5 years the exports of San Marino to Norway have increased at an annualized rate of 0.56%, from $495k in 2018 to $509k in 2023.

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

Comparison In 2023, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B). That same year, San Marino ranked 182 in total exports ($224M), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2025

About

Overview In January 2025, Norway exported NOK6.61M and imported NOK1.18M from San Marino, resulting in a positive trade balance of NOK5.43M. Between January 2024 and January 2025 the exports of Norway have decreased by NOK-5.55M (-45.6%) from NOK12.2M to NOK6.61M, while imports increased by NOK675k (134%) from NOK502k to NOK1.18M.

Trade In January 2025, the top exports of Norway to San Marino were Non-ferrous metals (NOK8.34M), Fish (not marine mammals), crustaceans, molluscs... (NOK3.82M), Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), and Dairy products and birds' eggs (NOK0). In January 2025 the top imports of Norway from San Marino were Miscellaneous edible products and preparations (NOK436k), Professional, scientific and controlling instruments and... (NOK29k), Manufactures of metals, n.e.s. (NOK24k), Power-generating machinery and equipment (NOK9k), and General industrial machinery and equipment, n.e.s.,... (NOK4k).

Growth In January 2025, the decrease in Norway's year-by-year exports to San Marino was explained primarily by an decrease in product exports in Miscellaneous manufactured articles, n.e.s. (NOK-8k or -100%). In January 2025, the increase in Norway's year-by-year imports from San Marino was explained primarily by an increase in product imports in Miscellaneous edible products and preparations (NOK369k or 551%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2024 - January 2025)NOK-5.55M(-45.6%)

IMPORT GROWTH (January 2024 - January 2025)NOK675k(134%)

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

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

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Norway exported $11.1M to San Marino. The main products exported from Norway to San Marino were Dried/Salted/Smoked/Brined Fish ($5.52M), Raw Aluminium ($5.48M), and Processed Crustaceans ($29.7k). During the last 5 years the exports of Norway to San Marino have increased at an annualized rate of 23.8%, from $3.8M in 2018 to $11.1M in 2023.

In 2018, San Marino exported $509k to Norway. The main products exported from San Marino to Norway were Packaged Medicaments ($248k), Other Edible Preparations ($141k), and Aluminium Structures ($38k). During the last 5 years the exports of San Marino to Norway have increased at an annualized rate of 0.56%, from $495k in 2023 to $509k in 2018.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Norway
Top DestinationGermany$33.8B

San Marino
Top DestinationGermany$25.9M

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

In 2023, countries that imported more from Norway than San Marino included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

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

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

Comparative Advantage Norway - San Marino

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Norway had a large net trade with San Marino in the exports of Animal Products ($5.52M), Metals ($5.49M), and Foodstuffs ($29.7k).

During 2018, San Marino had a large net trade with Norway in the exports of Chemical Products ($248k), Foodstuffs ($168k), and Metals ($51.6k).

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Norway - San Marino

Economic Complexity

Competitive Landscape

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

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