2023
Flag  
GDP
$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH
0.14%CURRENT US$
Rnk 170 / 195
2023
Flag
GDP PC 
$55,517CURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP PC GROWTH
-8.76%CURRENT US$
Rnk 165 / 195

About

Sweden-San Marino Trade: In 2023, Sweden exported $1.6M to San Marino. The main products that Sweden exported to San Marino were Kraft Paper ($1.14M), Uncoated Paper ($67.8k), and Textile Footwear ($62.8k). Over the past 5 years the exports of Sweden to San Marino have decreased at an annualized rate of 23.7%, from $6.18M in 2018 to $1.6M in 2023.

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

San Marino-Sweden Trade: In 2023, San Marino exported $670k to Sweden. The main products that San Marino exported to Sweden were Washing and Bottling Machines ($473k), Copper Pipe Fittings ($92.4k), and Milling Stones ($20.5k). Over the past 5 years the exports of San Marino to Sweden have decreased at an annualized rate of 6.1%,  from $918k in 2018 to $670k in 2023.

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

Comparison In 2023,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.53),  and 32 in total exports ($188B). That same year, San Marino ranked 182 in total exports ($224M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sweden exported $1.6M to San Marino. The main products exported from Sweden to San Marino were Kraft Paper ($1.14M), Uncoated Paper ($67.8k), and Textile Footwear ($62.8k). During the last 5 years the exports of Sweden to San Marino have decreased at an annualized rate of 23.7%, from $6.18M in 2018 to $1.6M in 2023.

In 2018, San Marino exported $670k to Sweden. The main products exported from San Marino to Sweden were Washing and Bottling Machines ($473k), Copper Pipe Fittings ($92.4k), and Milling Stones ($20.5k). During the last 5 years the exports of San Marino to Sweden have decreased at an annualized rate of 6.1%, from $918k in 2023 to $670k in 2018.

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

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

Market Competitiveness

Color
Sweden
Top Destination
Germany$18.4B
San Marino
Top Destination
Germany$25.9M

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

In 2023, countries that imported more from Sweden than San Marino included Germany ($18.4B), United States ($18.1B), and Denmark ($14.4B).

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

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

Comparative Advantage Sweden - San Marino

Flow
Scale

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

During 2023, Sweden had a large net trade with San Marino in the exports of Paper Goods ($1.21M), Textiles ($266k), and Footwear and Headwear ($73k).

During 2018, San Marino had a large net trade with Sweden in the exports of Machines ($505k), Metals ($98.3k), and Stone And Glass ($20.5k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Sweden and San Marino. This means that a dot/product with the flag of Sweden 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 Sweden.

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

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