2023
Flag
 GDP
$102BCURRENT US$
Rnk 69 / 195
2013-2023
Flag
GDP GROWTH
83.4%CURRENT US$
Rnk 30 / 195
2023
Flag
GDP PC
$15,886CURRENT US$
Rnk 72 / 196
2013-2023
Flag
GDP PC GROWTH
107%CURRENT US$
Rnk 6 / 195

About

San Marino-Bulgaria Trade: In 2023, San Marino exported $774k to Bulgaria. The main products that San Marino exported to Bulgaria were Washing and Bottling Machines ($292k), Other Edible Preparations ($247k), and Other Office Machines ($54.6k). Over the past 5 years the exports of San Marino to Bulgaria have decreased at an annualized rate of 3.8%, from $939k in 2018 to $774k in 2023.

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

Bulgaria-San Marino Trade: In 2023, Bulgaria exported $851k to San Marino. The main products that Bulgaria exported to San Marino were Raw Plastic Sheeting ($836k), LCDs ($8.1k), and Water ($3.52k). Over the past 5 years the exports of Bulgaria to San Marino have increased at an annualized rate of 4.14%,  from $695k in 2018 to $851k in 2023.

In 2023, Bulgaria 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, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.69), and 59 in total exports ($50.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, San Marino exported $774k to Bulgaria. The main products exported from San Marino to Bulgaria were Washing and Bottling Machines ($292k), Other Edible Preparations ($247k), and Other Office Machines ($54.6k). During the last 5 years the exports of San Marino to Bulgaria have decreased at an annualized rate of 3.8%, from $939k in 2018 to $774k in 2023.

In 2018, Bulgaria exported $851k to San Marino. The main products exported from Bulgaria to San Marino were Raw Plastic Sheeting ($836k), LCDs ($8.1k), and Water ($3.52k). During the last 5 years the exports of Bulgaria to San Marino have increased at an annualized rate of 4.14%, from $695k in 2023 to $851k in 2018.

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

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

Latest Data

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

Bulgaria Exports

Market Competitiveness

Color
San Marino
Top Destination
Germany$25.9M
Bulgaria
Top Destination
Germany$6.84B

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

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

In 2023, countries that imported more from Bulgaria than San Marino included Germany ($6.84B), Romania ($5.63B), and Italy ($4.06B).

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

Comparative Advantage San Marino - Bulgaria

Flow
Scale

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

During 2023, San Marino had a large net trade with Bulgaria in the exports of Machines ($435k), Foodstuffs ($280k), and Chemical Products ($39.1k).

During 2018, Bulgaria had a large net trade with San Marino in the exports of Plastics and Rubbers ($836k), Instruments ($8.1k), and Foodstuffs ($3.52k).

Economic Complexity

Competitive Landscape

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

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

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