2022
Flag
 GDP
$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC
$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 94 / 186

About

San Marino-Portugal Trade: In 2022, San Marino exported $1.56M to Portugal. The main products that San Marino exported to Portugal were Washing and Bottling Machines ($983k), Other Office Machines ($185k), and Integrated Circuits ($119k). Over the past 5 years the exports of San Marino to Portugal have increased at an annualized rate of 8.09%, from $1.05M in 2017 to $1.56M in 2022.

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

Portugal-San Marino Trade: In 2022, Portugal exported $916k to San Marino. The main products that Portugal exported to San Marino were Dried/Salted/Smoked/Brined Fish ($378k), Raw Plastic Sheeting ($258k), and Other Plastic Sheetings ($149k). Over the past 5 years the exports of Portugal to San Marino have decreased at an annualized rate of 4.57%,  from $1.16M in 2017 to $916k in 2022.

In 2022, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, San Marino exported $1.56M to Portugal. The main products exported from San Marino to Portugal were Washing and Bottling Machines ($983k), Other Office Machines ($185k), and Integrated Circuits ($119k). During the last 5 years the exports of San Marino to Portugal have increased at an annualized rate of 8.09%, from $1.05M in 2017 to $1.56M in 2022.

In 2017, Portugal exported $916k to San Marino. The main products exported from Portugal to San Marino were Dried/Salted/Smoked/Brined Fish ($378k), Raw Plastic Sheeting ($258k), and Other Plastic Sheetings ($149k). During the last 5 years the exports of Portugal to San Marino have decreased at an annualized rate of 4.57%, from $1.16M in 2022 to $916k in 2017.

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

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

Latest Data

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

Portugal Exports

Market Competitiveness

Color
San Marino
Top Destination
United States$20M
Portugal
Top Destination
Spain$20.5B

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

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

In 2022, countries that imported more from Portugal than San Marino included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

Comparative Advantage San Marino - Portugal

Flow
Scale

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

During 2022, San Marino had a large net trade with Portugal in the exports of Machines ($1.33M), Weapons ($73.7k), and Metals ($62.2k).

During 2017, Portugal had a large net trade with San Marino in the exports of Plastics and Rubbers ($410k), Animal Products ($378k), and Instruments ($42.9k).

Economic Complexity

Competitive Landscape

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

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

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