2022
Flag
 GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
GDP PC
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186

About

San Marino-Sweden Trade: In 2022, San Marino exported $1.21M to Sweden. The main products that San Marino exported to Sweden were Metal Finishing Machines ($691k), Washing and Bottling Machines ($356k), and Copper Pipe Fittings ($72.2k). Over the past 5 years the exports of San Marino to Sweden have increased at an annualized rate of 11.1%, from $714k in 2017 to $1.21M in 2022.

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

Sweden-San Marino Trade: In 2022, Sweden exported $2.57M to San Marino. The main products that Sweden exported to San Marino were Kraft Paper ($1.87M), Non-Knit Women's Suits ($110k), and Lifting Machinery ($103k). Over the past 5 years the exports of Sweden to San Marino have decreased at an annualized rate of 14.9%,  from $5.75M in 2017 to $2.57M in 2022.

In 2022, Sweden 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, San Marino exported $1.21M to Sweden. The main products exported from San Marino to Sweden were Metal Finishing Machines ($691k), Washing and Bottling Machines ($356k), and Copper Pipe Fittings ($72.2k). During the last 5 years the exports of San Marino to Sweden have increased at an annualized rate of 11.1%, from $714k in 2017 to $1.21M in 2022.

In 2017, Sweden exported $2.57M to San Marino. The main products exported from Sweden to San Marino were Kraft Paper ($1.87M), Non-Knit Women's Suits ($110k), and Lifting Machinery ($103k). During the last 5 years the exports of Sweden to San Marino have decreased at an annualized rate of 14.9%, from $5.75M in 2022 to $2.57M in 2017.

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

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

Latest Data

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

Sweden Exports

Market Competitiveness

Color
San Marino
Top Destination
United States$20M
Sweden
Top Destination
Germany$19.2B

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

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

In 2022, countries that imported more from Sweden than San Marino included Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

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

Comparative Advantage San Marino - Sweden

Flow
Scale

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

During 2022, San Marino had a large net trade with Sweden in the exports of Machines ($1.07M), Metals ($88.8k), and Stone And Glass ($25.8k).

During 2017, Sweden had a large net trade with San Marino in the exports of Paper Goods ($1.91M), Textiles ($432k), and Machines ($140k).

Economic Complexity

Competitive Landscape

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

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

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