San Marino (SMR) and Denmark (DNK) Trade | The Observatory of Economic Complexity

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San Marino-Denmark Trade: In 2022, San Marino exported $845k to Denmark. The main products that San Marino exported to Denmark were Washing and Bottling Machines ($586k), Machinery Having Individual Functions ($142k), and Plastic Pipes ($86.4k). Over the past 5 years the exports of San Marino to Denmark have increased at an annualized rate of 20.9%, from $328k in 2017 to $845k in 2022.

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

Denmark-San Marino Trade: In 2022, Denmark exported $3.08M to San Marino. The main products that Denmark exported to San Marino were Enzymes ($1.61M), Raw Furskins ($351k), and Tanned Furskins ($282k). Over the past 5 years the exports of Denmark to San Marino have increased at an annualized rate of 20.1%, from $856k in 2017 to $3.08M in 2022.

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

Comparison In 2022, San Marino ranked 187 in total exports ($204M), and does not have data regarding Economic Complexity Index. That same year, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, San Marino exported $845k to Denmark. The main products exported from San Marino to Denmark were Washing and Bottling Machines ($586k), Machinery Having Individual Functions ($142k), and Plastic Pipes ($86.4k). During the last 5 years the exports of San Marino to Denmark have increased at an annualized rate of 20.9%, from $328k in 2017 to $845k in 2022.

In 2017, Denmark exported $3.08M to San Marino. The main products exported from Denmark to San Marino were Enzymes ($1.61M), Raw Furskins ($351k), and Tanned Furskins ($282k). During the last 5 years the exports of Denmark to San Marino have increased at an annualized rate of 20.1%, from $856k in 2022 to $3.08M in 2017.

Exports from San Marino () to Denmark () (2022)

Exports from Denmark () to San Marino () (2022)

Latest Data

Trade between San Marino () and Denmark ()

Denmark Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

San Marino
Top DestinationUnited States$20M

Denmark
Top DestinationGermany$18.9B

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

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

In 2022, countries that imported more from Denmark than San Marino included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

Difference in imports from Denmark () and San Marino () (2022)

Comparative Advantage San Marino - Denmark

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, San Marino had a large net trade with Denmark in the exports of Machines ($756k), Plastics and Rubbers ($86.4k), and Paper Goods ($2.24k).

During 2017, Denmark had a large net trade with San Marino in the exports of Chemical Products ($1.82M), Animal Hides ($641k), and Miscellaneous ($185k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of San Marino and Denmark. This means that a dot/product with the flag of San Marino indicates it has a comparative advantage over Denmark. Similarly, a dot/product with the flag of Denmark indicates it has a comparative advantage over San Marino.

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Historical Data

Bilateral Trade by Products

Exports from San Marino () to Denmark () (2022)

Exports from Denmark () to San Marino () (2022)

Latest Data

Trade between San Marino () and Denmark ()

Denmark Exports

Market Competitiveness

Difference in imports from Denmark () and San Marino () (2022)

Comparative Advantage San Marino - Denmark

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of San Marino () and Denmark () (2022)

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