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

Italy-San Marino In 2022, Italy exported $97.2M to San Marino. The main products that Italy exported to San Marino are Electricity ($85.2M) and Petroleum Gas ($12M). During the last 12 years the exports of Italy to San Marino have increased at an annualized rate of 7.79%, from $39.5M in 2010 to $97.2M in 2022.

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

San Marino-Italy In 2022, San Marino exported $1.43k to Italy. The main products that San Marino exported to Italy were Integrated Circuits ($1.43k). During the last 12 years the exports of San Marino to Italy have remained the same at an annualized rate of 0%, from $1.43k in 2010 to $1.43k in 2022.

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 12 years the exports of Italy to San Marino have increased at an annualized rate of 7.79%, from $39.5M in 2010 to $97.2M in 2022.

In 2022, San Marino exported $1.43k 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 2021, countries that imported more from Italy than San Marino were Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2019, 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).

During 2022, San Marino had a large net trade with Italy in the exports of Machines ($1.43k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Italy has comparative advantage over San Marino. Similarly, the more yellow a dot/product is, the more San Marino has comparative advantage over Italy.

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

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