2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186

About

Italy-San Marino Trade: In 2022, Italy exported $97.2M to San Marino. The main products that Italy exported to San Marino were Electricity ($85.2M) and Petroleum Gas ($12M). Over the past 5 years the exports of Italy to San Marino have increased at an annualized rate of 19.4%, from $40.1M in 2017 to $97.2M in 2022.

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

San Marino-Italy In N/A, San Marino did not export any products to Italy.

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

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29),  and 7 in total exports ($634B). 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, Italy exported $97.2M to San Marino. The main products exported from Italy to San Marino were Electricity ($85.2M) and Petroleum Gas ($12M). During the last 5 years the exports of Italy to San Marino have increased at an annualized rate of 19.4%, from $40.1M in 2017 to $97.2M in 2022.

San Marino does not register exports to Italy. The main products exported from San Marino to Italy were Integrated Circuits ($1.43k).

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

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

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
San Marino
Top Destination
United States$20M

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

In 2022, countries that imported more from Italy than San Marino included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

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

Comparative Advantage Italy - San Marino

Flow
Scale

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

During 2022, Italy had a large net trade with San Marino in the exports of Mineral Products ($97.2M).

Economic Complexity

Competitive Landscape

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

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

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