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

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.

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 0.55%,  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.

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 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 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 0.55%, 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 Destination
Germany$78.1B
San Marino
Top Destination
United 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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