2022
Flag
 GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186

About

San Marino-Germany Trade: In 2022, San Marino exported $18.3M to Germany. The main products that San Marino exported to Germany were Washing and Bottling Machines ($5.13M), Planes, Helicopters, and/or Spacecraft ($2.32M), and Pulley Systems ($2.1M). Over the past 5 years the exports of San Marino to Germany have increased at an annualized rate of 9.72%, from $11.5M in 2017 to $18.3M in 2022.

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

Germany-San Marino Trade: In 2022, Germany exported $85.8M to San Marino. The main products that Germany exported to San Marino were Cars ($33.2M), Raw Plastic Sheeting ($4.22M), and Electrical Transformers ($4.18M). Over the past 5 years the exports of Germany to San Marino have increased at an annualized rate of 11.8%,  from $49.2M in 2017 to $85.8M in 2022.

In 2022, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, San Marino exported $18.3M to Germany. The main products exported from San Marino to Germany were Washing and Bottling Machines ($5.13M), Planes, Helicopters, and/or Spacecraft ($2.32M), and Pulley Systems ($2.1M). During the last 5 years the exports of San Marino to Germany have increased at an annualized rate of 9.72%, from $11.5M in 2017 to $18.3M in 2022.

In 2017, Germany exported $85.8M to San Marino. The main products exported from Germany to San Marino were Cars ($33.2M), Raw Plastic Sheeting ($4.22M), and Electrical Transformers ($4.18M). During the last 5 years the exports of Germany to San Marino have increased at an annualized rate of 11.8%, from $49.2M in 2022 to $85.8M in 2017.

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

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

Latest Data

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

Germany Exports

Market Competitiveness

Color
San Marino
Top Destination
United States$20M
Germany
Top Destination
United States$153B

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

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

In 2022, countries that imported more from Germany than San Marino included United States ($153B), France ($120B), and China ($109B).

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

Comparative Advantage San Marino - Germany

Flow
Scale

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

During 2022, San Marino had a large net trade with Germany in the exports of Machines ($9.09M), Transportation ($2.66M), and Paper Goods ($1.44M).

During 2017, Germany had a large net trade with San Marino in the exports of Transportation ($33.9M), Textiles ($12M), and Machines ($11.8M).

Economic Complexity

Competitive Landscape

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

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

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