San Marino (SMR) and Finland (FIN) Trade | The Observatory of Economic Complexity

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San Marino-Finland Trade: In 2022, San Marino exported $898k to Finland. The main products that San Marino exported to Finland were Washing and Bottling Machines ($720k), Shaving Products ($28.4k), and Hair Products ($24.6k). Over the past 5 years the exports of San Marino to Finland have increased at an annualized rate of 5.21%, from $697k in 2017 to $898k in 2022.

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

Finland-San Marino Trade: In 2022, Finland exported $2.48M to San Marino. The main products that Finland exported to San Marino were Raw Furskins ($2.32M), Papermaking Machines ($53.6k), and Centrifuges ($25.5k). Over the past 5 years the exports of Finland to San Marino have increased at an annualized rate of 8.06%, from $1.14M in 2017 to $2.48M in 2022.

In 2022, Finland 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, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, San Marino exported $898k to Finland. The main products exported from San Marino to Finland were Washing and Bottling Machines ($720k), Shaving Products ($28.4k), and Hair Products ($24.6k). During the last 5 years the exports of San Marino to Finland have increased at an annualized rate of 5.21%, from $697k in 2017 to $898k in 2022.

In 2017, Finland exported $2.48M to San Marino. The main products exported from Finland to San Marino were Raw Furskins ($2.32M), Papermaking Machines ($53.6k), and Centrifuges ($25.5k). During the last 5 years the exports of Finland to San Marino have increased at an annualized rate of 8.06%, from $1.14M in 2022 to $2.48M in 2017.

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

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

Latest Data

Trade between San Marino () and Finland ()

Finland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

San Marino
Top DestinationUnited States$20M

Finland
Top DestinationGermany$9.99B

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

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

In 2022, countries that imported more from Finland than San Marino included Germany ($9.99B), United States ($9.17B), and Sweden ($9.1B).

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

Comparative Advantage San Marino - Finland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, San Marino had a large net trade with Finland in the exports of Machines ($749k), Chemical Products ($91.7k), and Metals ($24.3k).

During 2017, Finland had a large net trade with San Marino in the exports of Animal Hides ($2.32M), Machines ($126k), and Metals ($13.9k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between San Marino () and Finland ()

Finland Exports

Market Competitiveness

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

Comparative Advantage San Marino - Finland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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