San Marino (SMR) and Spain (ESP) Trade | The Observatory of Economic Complexity

About

San Marino-Spain Trade: In 2022, San Marino exported $9.36M to Spain. The main products that San Marino exported to Spain were Washing and Bottling Machines ($6.83M), Unpackaged Medicaments ($454k), and Copper Pipe Fittings ($329k). Over the past 5 years the exports of San Marino to Spain have increased at an annualized rate of 13.4%, from $4.99M in 2017 to $9.36M in 2022.

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

Spain-San Marino Trade: In 2022, Spain exported $30.9M to San Marino. The main products that Spain exported to San Marino were Animal Food ($10.5M), Kraft Paper ($2.91M), and Coated Flat-Rolled Iron ($1.96M). Over the past 5 years the exports of Spain to San Marino have increased at an annualized rate of 10.4%, from $18.8M in 2017 to $30.9M in 2022.

In 2022, Spain 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, San Marino exported $9.36M to Spain. The main products exported from San Marino to Spain were Washing and Bottling Machines ($6.83M), Unpackaged Medicaments ($454k), and Copper Pipe Fittings ($329k). During the last 5 years the exports of San Marino to Spain have increased at an annualized rate of 13.4%, from $4.99M in 2017 to $9.36M in 2022.

In 2017, Spain exported $30.9M to San Marino. The main products exported from Spain to San Marino were Animal Food ($10.5M), Kraft Paper ($2.91M), and Coated Flat-Rolled Iron ($1.96M). During the last 5 years the exports of Spain to San Marino have increased at an annualized rate of 10.4%, from $18.8M in 2022 to $30.9M in 2017.

Exports from San Marino () to Spain () (2022)

Exports from Spain () to San Marino () (2022)

Latest Data

Trade between San Marino () and Spain ()

Spain Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

San Marino
Top DestinationUnited States$20M

Spain
Top DestinationFrance$65.2B

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

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

In 2022, countries that imported more from Spain than San Marino included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

Difference in imports from Spain () and San Marino () (2022)

Comparative Advantage San Marino - Spain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, San Marino had a large net trade with Spain in the exports of Machines ($7.49M), Chemical Products ($732k), and Metals ($438k).

During 2017, Spain had a large net trade with San Marino in the exports of Foodstuffs ($11.3M), Metals ($4.1M), and Chemical Products ($3.71M).

Potential Exports

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from San Marino () to Spain () (2022)

Exports from Spain () to San Marino () (2022)

Latest Data

Trade between San Marino () and Spain ()

Spain Exports

Market Competitiveness

Difference in imports from Spain () and San Marino () (2022)

Comparative Advantage San Marino - Spain

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of San Marino () and Spain () (2022)

Keep Exploring