2023
Flag
 GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
GDP PC
$87,925CURRENT US$
Rnk 7 / 196
2013-2023
Flag
GDP PC GROWTH
-15.1%CURRENT US$
Rnk 171 / 195

About

San Marino-Norway Trade: In 2023, San Marino exported $509k to Norway. The main products that San Marino exported to Norway were Packaged Medicaments ($248k), Other Edible Preparations ($141k), and Aluminium Structures ($38k). Over the past 5 years the exports of San Marino to Norway have increased at an annualized rate of 0.56%, from $495k in 2018 to $509k in 2023.

In 2023, San Marino did not export any services to Norway.

Norway-San Marino Trade: In 2023, Norway exported $11.1M to San Marino. The main products that Norway exported to San Marino were Dried/Salted/Smoked/Brined Fish ($5.52M), Raw Aluminium ($5.48M), and Processed Crustaceans ($29.7k). Over the past 5 years the exports of Norway to San Marino have increased at an annualized rate of 23.8%,  from $3.8M in 2018 to $11.1M in 2023.

In 2023, Norway did not export any services to San Marino.

Comparison In 2023,  San Marino ranked 182 in total exports ($224M), and does not have data regarding Economic Complexity Index. That same year, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, San Marino exported $509k to Norway. The main products exported from San Marino to Norway were Packaged Medicaments ($248k), Other Edible Preparations ($141k), and Aluminium Structures ($38k). During the last 5 years the exports of San Marino to Norway have increased at an annualized rate of 0.56%, from $495k in 2018 to $509k in 2023.

In 2018, Norway exported $11.1M to San Marino. The main products exported from Norway to San Marino were Dried/Salted/Smoked/Brined Fish ($5.52M), Raw Aluminium ($5.48M), and Processed Crustaceans ($29.7k). During the last 5 years the exports of Norway to San Marino have increased at an annualized rate of 23.8%, from $3.8M in 2023 to $11.1M in 2018.

Exports from San Marino (Flag) to Norway (Flag) (2023)

Exports from Norway (Flag) to San Marino (Flag) (2023)

Latest Data

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

Norway Exports

Market Competitiveness

Color
San Marino
Top Destination
Germany$25.9M
Norway
Top Destination
Germany$33.8B

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

In 2023, no countries were registered that imported more from San Marino than from Norway.

In 2023, countries that imported more from Norway than San Marino included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

Difference in imports from Norway (Flag) and San Marino (Flag) (2023)

Comparative Advantage San Marino - Norway

Flow
Scale

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

During 2023, San Marino had a large net trade with Norway in the exports of Chemical Products ($248k), Foodstuffs ($168k), and Metals ($51.6k).

During 2018, Norway had a large net trade with San Marino in the exports of Animal Products ($5.52M), Metals ($5.49M), and Foodstuffs ($29.7k).

Economic Complexity

Competitive Landscape

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

Product Space of San Marino (Flag) and Norway (Flag) (2023)

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