2022
Flag
 GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186

About

San Marino-Norway Trade: In 2022, San Marino exported $473k to Norway. The main products that San Marino exported to Norway were Woodworking machines ($284k), Other Edible Preparations ($92.9k), and Washing and Bottling Machines ($33.4k). Over the past 5 years the exports of San Marino to Norway have increased at an annualized rate of 2.09%, from $426k in 2017 to $473k in 2022.

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

Norway-San Marino Trade: In 2022, Norway exported $6.7M to San Marino. The main products that Norway exported to San Marino were Fish: dried, salted, smoked or in brine ($4.11M), Raw Aluminium ($2.46M), and Processed Crustaceans ($110k). Over the past 5 years the exports of Norway to San Marino have increased at an annualized rate of 14.5%,  from $3.4M in 2017 to $6.7M in 2022.

In 2022, Norway 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, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, San Marino exported $473k to Norway. The main products exported from San Marino to Norway were Woodworking machines ($284k), Other Edible Preparations ($92.9k), and Washing and Bottling Machines ($33.4k). During the last 5 years the exports of San Marino to Norway have increased at an annualized rate of 2.09%, from $426k in 2017 to $473k in 2022.

In 2017, Norway exported $6.7M to San Marino. The main products exported from Norway to San Marino were Fish: dried, salted, smoked or in brine ($4.11M), Raw Aluminium ($2.46M), and Processed Crustaceans ($110k). During the last 5 years the exports of Norway to San Marino have increased at an annualized rate of 14.5%, from $3.4M in 2022 to $6.7M in 2017.

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

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

Latest Data

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

Norway Exports

Market Competitiveness

Color
San Marino
Top Destination
United States$20M
Norway
Top Destination
Germany$78.1B

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

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

In 2022, countries that imported more from Norway than San Marino included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Comparative Advantage San Marino - Norway

Flow
Scale

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

During 2022, San Marino had a large net trade with Norway in the exports of Machines ($339k), Foodstuffs ($101k), and Metals ($24.4k).

During 2017, Norway had a large net trade with San Marino in the exports of Animal Products ($4.11M), Metals ($2.48M), and Foodstuffs ($110k).

Economic Complexity

Competitive Landscape

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

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

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