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2023
Flag → Flag
Exports $22MRnk 2 / 101
2023
Flag → Flag
Top Product $9.01MWoodworking machines
2023
Flag → Flag
Exports $9.43MRnk 128 / 213
2023
Flag → Flag
Top Product $1.87MMotorcycles and cycles
2023
Flag
Economic Complexity (ECI) ECI 1.56Rnk 8 / 132
2023
Flag
 GDP$512BCURRENT US$
Rnk 29 / 195
2013-2023
Flag
GDP GROWTH20%CURRENT US$
Rnk 141 / 195
2023
Flag
GDP PC$56,034CURRENT US$
Rnk 18 / 196
2013-2023
Flag
GDP PC GROWTH11.4%CURRENT US$
Rnk 131 / 195

About

San Marino-Austria Trade: In 2023, San Marino exported $22M to Austria. The main products that San Marino exported to Austria were Woodworking machines ($9.01M), Cigarette Paper ($1.89M), and Other Headwear ($1.85M). Over the past 5 years the exports of San Marino to Austria have increased at an annualized rate of 15.8%, from $10.5M in 2018 to $22M in 2023.

In 2023, San Marino did not export any services to Austria.

Austria-San Marino Trade: In 2023, Austria exported $9.43M to San Marino. The main products that Austria exported to San Marino were Motorcycles and cycles ($1.87M), Metal Mountings ($1.78M), and Electrical Power Accessories ($863k). Over the past 5 years the exports of Austria to San Marino have decreased at an annualized rate of 1.02%,  from $9.93M in 2018 to $9.43M in 2023.

In 2023, Austria did not export any services to San Marino.

Comparison In 2023,  San Marino ranked 182 in total exports ($224M), and does not have data regarding Economic Complexity Index. That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.56), and 31 in total exports ($204B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, San Marino exported $22M to Austria. The main products exported from San Marino to Austria were Woodworking machines ($9.01M), Cigarette Paper ($1.89M), and Other Headwear ($1.85M). During the last 5 years the exports of San Marino to Austria have increased at an annualized rate of 15.8%, from $10.5M in 2018 to $22M in 2023.

In 2018, Austria exported $9.43M to San Marino. The main products exported from Austria to San Marino were Motorcycles and cycles ($1.87M), Metal Mountings ($1.78M), and Electrical Power Accessories ($863k). During the last 5 years the exports of Austria to San Marino have decreased at an annualized rate of 1.02%, from $9.93M in 2023 to $9.43M in 2018.

Exports from San Marino (Flag) to Austria (Flag) (2023)

Exports from Austria (Flag) to San Marino (Flag) (2023)

Latest Data

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

Austria Exports

Market Competitiveness

Color
San Marino
Top DestinationGermany$25.9M
Austria
Top DestinationGermany$51B

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

In 2023, no countries were registered that imported more from San Marino than from Austria.

In 2023, countries that imported more from Austria than San Marino included Germany ($51B), United States ($18.1B), and Italy ($13.5B).

Difference in imports from Austria (Flag) and San Marino (Flag) (2023)

Comparative Advantage San Marino - Austria

Flow
Scale

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

During 2023, San Marino had a large net trade with Austria in the exports of Machines ($11.9M), Footwear and Headwear ($2.38M), and Paper Goods ($1.96M).

During 2018, Austria had a large net trade with San Marino in the exports of Machines ($2.27M), Transportation ($2.23M), and Metals ($1.8M).

Economic Complexity

Competitive Landscape

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

Product Space of San Marino (Flag) and Austria (Flag) (2023)

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