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Pricing

2022
Flag → Flag
Exports $6.7MRnk 115 / 209
2022
Flag → Flag
Top Product $4.11MDried/Salted/Smoked/Brined Fish
2022
Flag → Flag
Exports $473kRnk 39 / 102
2022
Flag → Flag
Top Product $284kWoodworking machines
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
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GDP PC $106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186

About

Norway-San Marino Trade: In 2022, Norway exported $6.7M to San Marino. The main products that Norway exported to San Marino were Dried/Salted/Smoked/Brined Fish ($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.

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.

Comparison In 2022,  Norway ranked 43 in the Economic Complexity Index (ECI 0.54),  and 28 in total exports ($285B). That same year, San Marino ranked 187 in total exports ($204M), and does not have data regarding Economic Complexity Index.

Latest Trends

October, 2024

About

Overview In October 2024, Norway exported NOK12.2M and imported NOK3.49M from San Marino, resulting in a positive trade balance of NOK8.71M. Between October 2023 and October 2024 the exports of Norway have increased by NOK1.29M (11.9%) from NOK10.9M to NOK12.2M, while imports increased by NOK1.75M (101%) from NOK1.74M to NOK3.49M.

Trade In October 2024, the top exports of Norway to San Marino were Fish (not marine mammals), crustaceans, molluscs... (NOK2.97M), Miscellaneous manufactured articles, n.e.s. (NOK8k), Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), and Dairy products and birds' eggs (NOK0). In October 2024 the top imports of Norway from San Marino were Manufactures of metals, n.e.s. (NOK86k), Miscellaneous edible products and preparations (NOK67k), Cork and wood (NOK34k), Coffee, tea, cocoa, spices, and manufactures... (NOK6k), and General industrial machinery and equipment, n.e.s.,... (NOK4k).

Growth In October 2024, the increase in Norway's year-by-year exports to San Marino was explained primarily by an increase in product exports in . In October 2024, the increase in Norway's year-by-year imports  from San Marino was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2023 - October 2024)NOK1.29M(11.9%)
IMPORT GROWTH (October 2023 - October 2024)NOK1.75M(101%)

This section shows exports and imports data at subnational level for Norway. Click any date in the line plot or any product to explore the exports or imports behavior of Norway over time.

To check San Marino and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore San Marino and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $6.7M to San Marino. The main products exported from Norway to San Marino were Dried/Salted/Smoked/Brined Fish ($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 2017 to $6.7M in 2022.

In 2017, 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 2022 to $473k in 2017.

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$78.1B
San Marino
Top DestinationUnited States$20M

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

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

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

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

Comparative Advantage Norway - San Marino

Flow
Scale

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

During 2022, Norway had a large net trade with San Marino in the exports of Animal Products ($4.11M), Metals ($2.48M), and Foodstuffs ($110k).

During 2017, San Marino had a large net trade with Norway in the exports of Machines ($339k), Foodstuffs ($101k), and Metals ($24.4k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Norway and San Marino. This means that a dot/product with the flag of Norway 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 Norway.

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

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