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2022
Flag → Flag
Exports $819kRnk 31 / 102
2022
Flag → Flag
Top Product $460kWashing and Bottling Machines
2022
Flag → Flag
Exports $1.57MRnk 146 / 205
2022
Flag → Flag
Top Product $1.35MRaw Plastic Sheeting
2022
Flag
Economic Complexity (ECI) ECI 1.38Rnk 14 / 133
2022
Flag
 GDP$179BCURRENT US$
Rnk 57 / 186
2012-2022
Flag
GDP GROWTH38.8%CURRENT US$
Rnk 86 / 186
2022
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GDP PC$18,463CURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP PC GROWTH42.2%CURRENT US$
Rnk 44 / 186

About

San Marino-Hungary Trade: In 2022, San Marino exported $819k to Hungary. The main products that San Marino exported to Hungary were Washing and Bottling Machines ($460k), Other Edible Preparations ($142k), and Animal Food ($72.6k). Over the past 5 years the exports of San Marino to Hungary have increased at an annualized rate of 4.25%, from $665k in 2017 to $819k in 2022.

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

Hungary-San Marino Trade: In 2022, Hungary exported $1.57M to San Marino. The main products that Hungary exported to San Marino were Raw Plastic Sheeting ($1.35M), Other toys ($47.2k), and Beauty Products ($27.9k). Over the past 5 years the exports of Hungary to San Marino have increased at an annualized rate of 51.5%,  from $197k in 2017 to $1.57M in 2022.

In 2022, Hungary 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, Hungary ranked 14 in the Economic Complexity Index (ECI 1.38), and 35 in total exports ($145B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, San Marino exported $819k to Hungary. The main products exported from San Marino to Hungary were Washing and Bottling Machines ($460k), Other Edible Preparations ($142k), and Animal Food ($72.6k). During the last 5 years the exports of San Marino to Hungary have increased at an annualized rate of 4.25%, from $665k in 2017 to $819k in 2022.

In 2017, Hungary exported $1.57M to San Marino. The main products exported from Hungary to San Marino were Raw Plastic Sheeting ($1.35M), Other toys ($47.2k), and Beauty Products ($27.9k). During the last 5 years the exports of Hungary to San Marino have increased at an annualized rate of 51.5%, from $197k in 2022 to $1.57M in 2017.

Exports from San Marino (Flag) to Hungary (Flag) (2022)

Exports from Hungary (Flag) to San Marino (Flag) (2022)

Latest Data

Trade between San Marino (Flag) and Hungary (Flag)

Hungary Exports

Market Competitiveness

Color
San Marino
Top DestinationUnited States$20M
Hungary
Top DestinationGermany$35.5B

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

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

In 2022, countries that imported more from Hungary than San Marino included Germany ($35.5B), Italy ($8.02B), and Romania ($7.94B).

Difference in imports from Hungary (Flag) and San Marino (Flag) (2022)

Comparative Advantage San Marino - Hungary

Flow
Scale

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

During 2022, San Marino had a large net trade with Hungary in the exports of Machines ($521k), Foodstuffs ($246k), and Chemical Products ($20.9k).

During 2017, Hungary had a large net trade with San Marino in the exports of Plastics and Rubbers ($1.38M), Miscellaneous ($53.7k), and Machines ($49.2k).

Economic Complexity

Competitive Landscape

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

Product Space of San Marino (Flag) and Hungary (Flag) (2022)

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