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

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $158k in 2022.

In 2017, 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 2022 to $763k in 2017.

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

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

Latest Data

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

Serbia Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Serbia - San Marino

Flow
Scale

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

During 2022, Serbia had a large net trade with San Marino in the exports of Paper Goods ($111k), Chemical Products ($46.2k), and Transportation ($1.5k).

During 2017, San Marino had a large net trade with Serbia in the exports of Machines ($379k), Foodstuffs ($251k), and Chemical Products ($106k).

Economic Complexity

Competitive Landscape

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

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

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