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2022
Flag → Flag
Exports $9.36MRnk 10 / 102
2022
Flag → Flag
Top Product $6.83MWashing and Bottling Machines
2022
Flag → Flag
Exports $30.9MRnk 141 / 218
2022
Flag → Flag
Top Product $10.5MAnimal Food
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
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 GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
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GDP PC$29,350CURRENT US$
Rnk 40 / 186
2012-2022
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GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186

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
Value

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 (Flag) to Spain (Flag) (2022)

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

Latest Data

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

Spain Exports

Market Competitiveness

Color
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 (Flag) and San Marino (Flag) (2022)

Comparative Advantage San Marino - Spain

Flow
Scale

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).

Economic Complexity

Competitive Landscape

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.

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

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