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2022
Flag → Flag
Exports $85.8MRnk 135 / 223
2022
Flag → Flag
Top Product $33.2MCars
2022
Flag → Flag
Exports $18.3MRnk 2 / 102
2022
Flag → Flag
Top Product $5.13MWashing and Bottling Machines
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
Flag  
GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186

About

Germany-San Marino Trade: In 2022, Germany exported $85.8M to San Marino. The main products that Germany exported to San Marino were Cars ($33.2M), Raw Plastic Sheeting ($4.22M), and Electrical Transformers ($4.18M). Over the past 5 years the exports of Germany to San Marino have increased at an annualized rate of 11.8%, from $49.2M in 2017 to $85.8M in 2022.

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

San Marino-Germany Trade: In 2022, San Marino exported $18.3M to Germany. The main products that San Marino exported to Germany were Washing and Bottling Machines ($5.13M), Planes, Helicopters, and/or Spacecraft ($2.32M), and Pulley Systems ($2.1M). Over the past 5 years the exports of San Marino to Germany have increased at an annualized rate of 3.37%,  from $11.5M in 2017 to $18.3M in 2022.

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

Comparison In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78),  and 3 in total exports ($1.6T). That same year, San Marino ranked 187 in total exports ($204M), and does not have data regarding Economic Complexity Index.

Latest Trends

June, 2024

About

Overview In June 2024, Germany exported €7.34M and imported €1.59M from San Marino, resulting in a positive trade balance of €5.75M. Between June 2023 and June 2024 the exports of Germany have increased by €27k (0.37%) from €7.31M to €7.34M, while imports increased by €156k (10.8%) from €1.44M to €1.59M.

Trade In June 2024, the top exports of Germany to San Marino were Motor cars and motor caravans (€1.76M), Cocoa and cocoa products (€556k), Articles of plastic (€511k), Machinery for electricity production, distribution (€432k), and Other electric machinery, apparatus and appliances (€329k). In June 2024 the top imports of Germany from San Marino were Other machinery (€252k), Rubber, worked (€66k), Semi-finished products of copper and copper... (€42k), Other food of vegetable origin (€40k), and Other chemical final products (€33k).

Origins In June 2024 the exports of Germany were mainly from Bavaria (€1.56M), Baden-Württemberg (€1.51M), Lower Saxony (€592k), North Rhine-Westphalia (€333k), and Brandenburg (€295k), while imports destinations were mainly North Rhine-Westphalia (€859k), Baden-Württemberg (€250k), Hesse (€219k), Bavaria (€121k), and Rhineland-Pfalz (€44k).

Growth In June 2024, the increase in Germany's year-by-year exports to San Marino was explained primarily by an increase in product exports in Other electric machinery, apparatus and appliances (€326k or 10.9k%), Bran, food waste for animal feed... (€179k or 144%), and Other vehicles (€175k or 833%). In June 2024, the increase in Germany's year-by-year imports  from San Marino was explained primarily by an increase in product imports  in Rubber, worked (€32k or 94.1%), Other articles of iron, iron sheet,... (€13k or 130%), and Articles of plastic (€8k or 160%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (June 2023 - June 2024)€27k(0.37%)
IMPORT GROWTH (June 2023 - June 2024)€156k(10.8%)
MAIN EXPORTER (June 2024)Bavaria€1.56M

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check San Marino and Germany trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore San Marino and Germany Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $85.8M to San Marino. The main products exported from Germany to San Marino were Cars ($33.2M), Raw Plastic Sheeting ($4.22M), and Electrical Transformers ($4.18M). During the last 5 years the exports of Germany to San Marino have increased at an annualized rate of 11.8%, from $49.2M in 2017 to $85.8M in 2022.

In 2017, San Marino exported $18.3M to Germany. The main products exported from San Marino to Germany were Washing and Bottling Machines ($5.13M), Planes, Helicopters, and/or Spacecraft ($2.32M), and Pulley Systems ($2.1M). During the last 5 years the exports of San Marino to Germany have increased at an annualized rate of 3.37%, from $11.5M in 2022 to $18.3M in 2017.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
San Marino
Top DestinationUnited States$20M

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

In 2022, countries that imported more from Germany than San Marino included United States ($153B), France ($120B), and China ($109B).

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

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

Comparative Advantage Germany - San Marino

Flow
Scale

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

During 2022, Germany had a large net trade with San Marino in the exports of Transportation ($33.9M), Textiles ($12M), and Machines ($11.8M).

During 2017, San Marino had a large net trade with Germany in the exports of Machines ($9.09M), Transportation ($2.66M), and Paper Goods ($1.44M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany San Marino+N/AN/A
Top Product Potential San Marino Germany+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 Germany and San Marino. This means that a dot/product with the flag of Germany 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 Germany.

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

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