How much money does San Marino import?
In the same year, San Marino imported USD 437 million (196th trade destination in the world). The latest available figures from the EU Commission show that, in 2023, EU-27 exported EUR 335 million worth of goods to San Marino, mainly textiles (19.4%), transport equipment (16.1%), mineral products (13.9%), and foodstuff (18.5%).
Does San Marino trade with Italy?
San Marino almost exclusively trades with Italy and is therefore linked to the changes in the Italian economy. Its landlocked status results in a high cost of transportation, which acts as a considerable trade barrier.
Which country imports the most goods from San Marino?
Electricity, cars, and raw aluminum are the largest items of imports (data OEC, 2022). According to official governmental data, Italy stands as the primary trade partner for the Republic of San Marino, with 79.3% of imports and 83.6% of exports originating from or heading to the Belpaese in the year 2022.
How does the EU treat San Marino?
Since 1991, commercial relations between the EU and San Marino are governed by the agreement on cooperation and customs union, which eliminates all tariffs and non-tariff measures for almost all goods (except coal and steel). According to OEC, in 2022, San Marino exported a total of USD 204 million, making it the number 187 exporter in the world.
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Nestled within Italy''s borders, the Republic of San Marino might be Europe''s third-smallest country, but its energy ambitions are anything but tiny. With limited land for traditional power …
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In 2023, San Marino exported a total of $224M, making it the number 182 exporter in the world. During the last five reported years, the exports of San Marino have increased by $66M from $158M in 2018 to $224M in 2023.
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In the same year, San Marino imported USD 437 million (196th trade destination in the world). The latest available figures from the EU Commission show that, in 2023, EU-27 exported EUR …
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San Marino exports for 2021 were 3.42 billion US dollars, a 34.9% increase from 2020.. San Marino exports for 2020 were 2.54 billion US dollars, a 4.36% decline from 2019.; San Marino exports for 2019 were 2.65 billion US dollars, a 3.89% decline from 2018.; San Marino exports for 2018 were 2.76 billion US dollars, a 6.89% increase from 2017.; Exports of goods …
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