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Pricing

2022
Flag → Flag
Exports $916kRnk 171 / 208
2022
Flag → Flag
Top Product $378kFish: dried, salted, smoked or in brine
2022
Flag → Flag
Exports $355MRnk 21 / 102
2022
Flag → Flag
Top Product $983kWashing and Bottling Machines
2022
Flag
Economic Complexity (ECI) ECI 0.58Rnk 40 / 124
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC $24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186

About

Portugal-San Marino In 2022, Portugal exported $916k to San Marino. The main products that Portugal exported to San Marino are Fish: dried, salted, smoked or in brine ($378k), Raw Plastic Sheeting ($258k), and Other Plastic Sheetings ($149k). During the last 22 years the exports of Portugal to San Marino have decreased at an annualized rate of 2.73%, from $1.69M in 2000 to $916k in 2022.

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

San Marino-Portugal 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). During the last 22 years the exports of San Marino to Portugal have decreased at an annualized rate of 1.62%, from $2.23M in 2000 to $1.56M in 2022.

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

Comparison In 2022,  Portugal ranked 40 in the Economic Complexity Index (ECI 0.58),  and 48 in total exports ($81.7B). That same year, San Marino ranked 187 in total exports ($204M), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2024

About

Overview In January 2024, Portugal exported €3.71k and imported €97.5k from San Marino, resulting in a negative trade balance of €93.7k. Between January 2023 and January 2024 the exports of Portugal have decreased by €-77.6k (-95.4%) from €81.3k to €3.71k, while imports increased by €48.4k (98.6%) from €49.1k to €97.5k.

Trade In January 2024, the top exports of Portugal to San Marino were Plastics & articles thereof (€66.1k), Optical, photo, & film equipment; medical... (€7.49k), Footwear (€4.22k), Pharmaceutical products (€3.45k), and Perfumery & cosmetics (€51). In January 2024 the top imports of Portugal from San Marino were Machinery, mechanical appliances, & parts (€49k), Electrical machinery and electronics (€54), Live animals (€0), Meat & edible offal (€0), and Fish, crustaceans, & molluscs (€0).

Growth In January 2024, the decrease in Portugal's year-by-year exports to San Marino was explained primarily by an decrease in product exports in Used clothes & textile articles (€-1.36k or -100%) and Plastics & articles thereof (€-637 or -0.95%). In January 2024, the increase in Portugal's year-by-year imports  from San Marino was explained primarily by an increase in product imports  in Machinery, mechanical appliances, & parts (€46k or 1.53k%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (January 2023 - January 2024)€-77.6k(-95.4%)
IMPORT GROWTH (January 2023 - January 2024)€48.4k(98.6%)

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

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

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $916k to San Marino. The main products exported from Portugal to San Marino were Fish: dried, salted, smoked or in brine ($378k), Raw Plastic Sheeting ($258k), and Other Plastic Sheetings ($149k). During the last 22 years the exports of Portugal to San Marino have decreased at an annualized rate of 11.9%, from $13.4M in 2000 to $916k in 2022.

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 22 years the exports of San Marino to Portugal have decreased at an annualized rate of 11.7%, from $31.3M in 2000 to $1.56M in 2022.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
San Marino
Top DestinationUnited States$20M

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

In 2021, countries that imported more from Portugal than San Marino were Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2019, no countries were registered that imported more from San Marino than from Portugal.

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

Comparative Advantage Portugal - San Marino

Flow
Scale

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

During 2022, Portugal had a large net trade with San Marino in the exports of Plastics and Rubbers ($410k), Animal Products ($378k), and Instruments ($42.9k).

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).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Portugal has comparative advantage over San Marino. Similarly, the more yellow a dot/product is, the more San Marino has comparative advantage over Portugal.

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

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