2022
Flag  
GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC 
$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH
14.5%CURRENT US$
Rnk 99 / 186

About

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 29.2%, from $856k in 2017 to $3.08M in 2022.

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

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 29.2%, from $856k in 2017 to $3.08M in 2022.

In 2017, 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 2022 to $845k in 2017.

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

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

Latest Data

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

Denmark Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$18.9B
San Marino
Top Destination
United States$20M

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

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

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

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

Comparative Advantage Denmark - San Marino

Flow
Scale

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

During 2022, Denmark had a large net trade with San Marino in the exports of Chemical Products ($1.82M), Animal Hides ($641k), and Miscellaneous ($185k).

During 2017, 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).

Economic Complexity

Competitive Landscape

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

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

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