2023
Flag
 GDP
$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP GROWTH
51.4%CURRENT US$
Rnk 71 / 195
2023
Flag
GDP PC
$8,639CURRENT US$
Rnk 91 / 196
2013-2023
Flag
GDP PC GROWTH
71.6%CURRENT US$
Rnk 23 / 195

About

San Marino-Bosnia and Herzegovina Trade: In 2023, San Marino exported $1.26M to Bosnia and Herzegovina. The main products that San Marino exported to Bosnia and Herzegovina were Monofilament ($587k), Orthopedic Appliances ($211k), and Other Edible Preparations ($169k). Over the past 5 years the exports of San Marino to Bosnia and Herzegovina have increased at an annualized rate of 39.4%, from $240k in 2018 to $1.26M in 2023.

In 2023, San Marino did not export any services to Bosnia and Herzegovina.

Bosnia and Herzegovina-San Marino Trade: In 2023, Bosnia and Herzegovina exported $4.73M to San Marino. The main products that Bosnia and Herzegovina exported to San Marino were Raw Aluminium ($2.76M), Kraft Paper ($1.54M), and Wood Carpentry ($415k). Over the past 5 years the exports of Bosnia and Herzegovina to San Marino have increased at an annualized rate of 68.8%,  from $345k in 2018 to $4.73M in 2023.

In 2023, Bosnia and Herzegovina 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, Bosnia and Herzegovina ranked 37 in the Economic Complexity Index (ECI 0.7), and 105 in total exports ($9.67B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, San Marino exported $1.26M to Bosnia and Herzegovina. The main products exported from San Marino to Bosnia and Herzegovina were Monofilament ($587k), Orthopedic Appliances ($211k), and Other Edible Preparations ($169k). During the last 5 years the exports of San Marino to Bosnia and Herzegovina have increased at an annualized rate of 39.4%, from $240k in 2018 to $1.26M in 2023.

In 2018, Bosnia and Herzegovina exported $4.73M to San Marino. The main products exported from Bosnia and Herzegovina to San Marino were Raw Aluminium ($2.76M), Kraft Paper ($1.54M), and Wood Carpentry ($415k). During the last 5 years the exports of Bosnia and Herzegovina to San Marino have increased at an annualized rate of 68.8%, from $345k in 2023 to $4.73M in 2018.

Exports from San Marino (Flag) to Bosnia and Herzegovina (Flag) (2023)

Exports from Bosnia and Herzegovina (Flag) to San Marino (Flag) (2023)

Latest Data

Trade between San Marino (Flag) and Bosnia and Herzegovina (Flag)

Bosnia and Herzegovina Exports

Market Competitiveness

Color
San Marino
Top Destination
Germany$25.9M
Bosnia and Herzegovina
Top Destination
Germany$1.48B

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

In 2023, countries that imported more from San Marino than Bosnia and Herzegovina included Brazil ($15.5M), Lebanon ($1.8M), and Malta ($1.35M).

In 2023, countries that imported more from Bosnia and Herzegovina than San Marino included Germany ($1.48B), Croatia ($1.39B), and Serbia ($1.18B).

Difference in imports from Bosnia and Herzegovina (Flag) and San Marino (Flag) (2023)

Comparative Advantage San Marino - Bosnia and Herzegovina

Flow
Scale

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

During 2023, San Marino had a large net trade with Bosnia and Herzegovina in the exports of Plastics and Rubbers ($594k), Instruments ($223k), and Machines ($188k).

During 2018, Bosnia and Herzegovina had a large net trade with San Marino in the exports of Metals ($2.76M), Paper Goods ($1.54M), and Wood Products ($415k).

Economic Complexity

Competitive Landscape

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

Product Space of San Marino (Flag) and Bosnia and Herzegovina (Flag) (2023)

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