2022
Flag
 GDP
$89BCURRENT US$
Rnk 70 / 186
2012-2022
Flag
GDP GROWTH
64%CURRENT US$
Rnk 37 / 186
2022
Flag
GDP PC
$13,772CURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP PC GROWTH
85.3%CURRENT US$
Rnk 13 / 186

About

San Marino-Bulgaria Trade: In 2022, San Marino exported $575k to Bulgaria. The main products that San Marino exported to Bulgaria were Washing and Bottling Machines ($252k), Other Edible Preparations ($183k), and Liquid Dispersing Machines ($30.3k). Over the past 5 years the exports of San Marino to Bulgaria have increased at an annualized rate of 3.51%, from $484k in 2017 to $575k in 2022.

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

Bulgaria-San Marino Trade: In 2022, Bulgaria exported $1.86M to San Marino. The main products that Bulgaria exported to San Marino were Raw Plastic Sheeting ($1.77M), Cars ($44.7k), and Other Printed Material ($28.6k). Over the past 5 years the exports of Bulgaria to San Marino have increased at an annualized rate of 18.8%,  from $787k in 2017 to $1.86M in 2022.

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

Comparison In 2022,  San Marino ranked 187 in total exports ($204M), and does not have data regarding Economic Complexity Index. That same year, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.68), and 60 in total exports ($51.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, San Marino exported $575k to Bulgaria. The main products exported from San Marino to Bulgaria were Washing and Bottling Machines ($252k), Other Edible Preparations ($183k), and Liquid Dispersing Machines ($30.3k). During the last 5 years the exports of San Marino to Bulgaria have increased at an annualized rate of 3.51%, from $484k in 2017 to $575k in 2022.

In 2017, Bulgaria exported $1.86M to San Marino. The main products exported from Bulgaria to San Marino were Raw Plastic Sheeting ($1.77M), Cars ($44.7k), and Other Printed Material ($28.6k). During the last 5 years the exports of Bulgaria to San Marino have increased at an annualized rate of 18.8%, from $787k in 2022 to $1.86M in 2017.

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

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

Latest Data

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

Bulgaria Exports

Market Competitiveness

Color
San Marino
Top Destination
United States$20M
Bulgaria
Top Destination
Germany$6.91B

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

In 2022, countries that imported more from Bulgaria than San Marino included Germany ($6.91B), Romania ($6.55B), and Italy ($3.85B).

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

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 2022, San Marino had a large net trade with Bulgaria in the exports of Machines ($315k), Foodstuffs ($188k), and Transportation ($38.3k).

During 2017, Bulgaria had a large net trade with San Marino in the exports of Plastics and Rubbers ($1.77M), Transportation ($44.7k), and Paper Goods ($28.6k).

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) (2022)

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