2022
Flag  
GDP
$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC 
$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 94 / 186

About

Portugal-San Marino Trade: In 2022, Portugal exported $916k to San Marino. The main products that Portugal exported to San Marino were Fish: dried, salted, smoked or in brine ($378k), Raw Plastic Sheeting ($258k), and Other Plastic Sheetings ($149k). Over the past 5 years the exports of Portugal to San Marino have decreased at an annualized rate of 4.57%, from $1.16M in 2017 to $916k in 2022.

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

San Marino-Portugal Trade: In 2022, San Marino exported $1.56M to Portugal. The main products that San Marino exported to Portugal were Washing and Bottling Machines ($983k), Other Office Machines ($185k), and Integrated Circuits ($119k). Over the past 5 years the exports of San Marino to Portugal have increased at an annualized rate of 8.09%,  from $1.05M in 2017 to $1.56M in 2022.

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

Comparison In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57),  and 48 in total exports ($81.7B). 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, Portugal exported $916k to San Marino. The main products exported from Portugal to San Marino were Fish: dried, salted, smoked or in brine ($378k), Raw Plastic Sheeting ($258k), and Other Plastic Sheetings ($149k). During the last 5 years the exports of Portugal to San Marino have decreased at an annualized rate of 4.57%, from $1.16M in 2017 to $916k in 2022.

In 2017, San Marino exported $1.56M to Portugal. The main products exported from San Marino to Portugal were Washing and Bottling Machines ($983k), Other Office Machines ($185k), and Integrated Circuits ($119k). During the last 5 years the exports of San Marino to Portugal have increased at an annualized rate of 8.09%, from $1.05M in 2022 to $1.56M in 2017.

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

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

Market Competitiveness

Color
Portugal
Top Destination
Spain$20.5B
San Marino
Top Destination
United States$20M

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

In 2022, countries that imported more from Portugal than San Marino included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

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

Comparative Advantage Portugal - San Marino

Flow
Scale

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

During 2022, Portugal had a large net trade with San Marino in the exports of Plastics and Rubbers ($410k), Animal Products ($378k), and Instruments ($42.9k).

During 2017, San Marino had a large net trade with Portugal in the exports of Machines ($1.33M), Weapons ($73.7k), and Metals ($62.2k).

Economic Complexity

Competitive Landscape

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

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

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