2022
Flag
 GDP
$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP GROWTH
30.3%CURRENT US$
Rnk 100 / 186
2022
Flag
GDP PC
$32,255CURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP PC GROWTH
26.7%CURRENT US$
Rnk 70 / 186

About

San Marino-South Korea Trade: In 2022, San Marino exported $9.75M to South Korea. The main products that San Marino exported to South Korea were Other Furniture ($8.46M), Washing and Bottling Machines ($595k), and Leather Apparel ($264k). Over the past 5 years the exports of San Marino to South Korea have increased at an annualized rate of 71.7%, from $653k in 2017 to $9.75M in 2022.

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

South Korea-San Marino Trade: In 2022, South Korea exported $1.43M to San Marino. The main products that South Korea exported to San Marino were Raw Aluminium ($965k), Packaged Medicaments ($214k), and Beauty Products ($130k). Over the past 5 years the exports of South Korea to San Marino have increased at an annualized rate of 53.1%,  from $170k in 2017 to $1.43M in 2022.

In 2022, South Korea 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, San Marino exported $9.75M to South Korea. The main products exported from San Marino to South Korea were Other Furniture ($8.46M), Washing and Bottling Machines ($595k), and Leather Apparel ($264k). During the last 5 years the exports of San Marino to South Korea have increased at an annualized rate of 71.7%, from $653k in 2017 to $9.75M in 2022.

In 2017, South Korea exported $1.43M to San Marino. The main products exported from South Korea to San Marino were Raw Aluminium ($965k), Packaged Medicaments ($214k), and Beauty Products ($130k). During the last 5 years the exports of South Korea to San Marino have increased at an annualized rate of 53.1%, from $170k in 2022 to $1.43M in 2017.

Exports from San Marino (Flag) to South Korea (Flag) (2022)

Exports from South Korea (Flag) to San Marino (Flag) (2022)

Latest Data

Trade between San Marino (Flag) and South Korea (Flag)

South Korea Exports

Market Competitiveness

Color
San Marino
Top Destination
United States$20M
South Korea
Top Destination
China$150B

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

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

In 2022, countries that imported more from South Korea than San Marino included China ($150B), United States ($112B), and Vietnam ($60.7B).

Difference in imports from South Korea (Flag) and San Marino (Flag) (2022)

Comparative Advantage San Marino - South Korea

Flow
Scale

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

During 2022, San Marino had a large net trade with South Korea in the exports of Miscellaneous ($8.47M), Machines ($604k), and Animal Hides ($335k).

During 2017, South Korea had a large net trade with San Marino in the exports of Metals ($965k), Chemical Products ($418k), and Machines ($31.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential San Marino South Korea+N/AN/A
Top Product Potential South Korea San Marino+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

Product Space of San Marino (Flag) and South Korea (Flag) (2022)

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