2022
Flag
 GDP
$63.5BCURRENT US$
Rnk 84 / 186
2012-2022
Flag
GDP GROWTH
46.6%CURRENT US$
Rnk 71 / 186
2022
Flag
GDP PC
$9,394CURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP PC GROWTH
56.1%CURRENT US$
Rnk 32 / 186

About

San Marino-Serbia Trade: In 2022, San Marino exported $763k to Serbia. The main products that San Marino exported to Serbia were Stone Working Machines ($275k), Other Edible Preparations ($248k), and Nonaqueous Paints ($61.4k). Over the past 5 years the exports of San Marino to Serbia have increased at an annualized rate of 42.5%, from $130k in 2017 to $763k in 2022.

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

Serbia-San Marino Trade: In 2022, Serbia exported $158k to San Marino. The main products that Serbia exported to San Marino were Kraft Paper ($111k), Nitrogenous Fertilizers ($46.2k), and Motor vehicles; parts and accessories (8701 to 8705) ($1.5k). Over the past 5 years the exports of Serbia to San Marino have decreased at an annualized rate of 3.51%,  from $189k in 2017 to $158k in 2022.

In 2009, Serbia exported services to San Marino worth $18.7k, with Workers' remittances ($8.62k), Personal, cultural, and recreational services ($5.87k), and Other business services ($2.24k) being the largest in terms of value.

Comparison In 2022,  San Marino ranked 187 in total exports ($204M), and does not have data regarding Economic Complexity Index. That same year, Serbia ranked 36 in the Economic Complexity Index (ECI 0.75), and 70 in total exports ($30.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, San Marino exported $763k to Serbia. The main products exported from San Marino to Serbia were Stone Working Machines ($275k), Other Edible Preparations ($248k), and Nonaqueous Paints ($61.4k). During the last 5 years the exports of San Marino to Serbia have increased at an annualized rate of 42.5%, from $130k in 2017 to $763k in 2022.

In 2017, Serbia exported $158k to San Marino. The main products exported from Serbia to San Marino were Kraft Paper ($111k), Nitrogenous Fertilizers ($46.2k), and Motor vehicles; parts and accessories (8701 to 8705) ($1.5k). During the last 5 years the exports of Serbia to San Marino have decreased at an annualized rate of 3.51%, from $189k in 2022 to $158k in 2017.

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

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

Latest Data

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

Serbia Exports

Market Competitiveness

Color
San Marino
Top Destination
United States$20M
Serbia
Top Destination
Germany$4B

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

In 2022, countries that imported more from San Marino than Serbia included Cape Verde ($562).

In 2022, countries that imported more from Serbia than San Marino included Germany ($4B), Bosnia and Herzegovina ($2.14B), and Italy ($2.1B).

Difference in imports from Serbia (Flag) and San Marino (Flag) (2022)

Comparative Advantage San Marino - Serbia

Flow
Scale

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

During 2022, San Marino had a large net trade with Serbia in the exports of Machines ($379k), Foodstuffs ($251k), and Chemical Products ($106k).

During 2017, Serbia had a large net trade with San Marino in the exports of Paper Goods ($111k), Chemical Products ($46.2k), and Transportation ($1.5k).

Economic Complexity

Competitive Landscape

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

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

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