San Marino Net Trade (Goods & Services, BoP)
San Marino's net trade (goods & services, bop) rose to $446.73 million in 2022, up from $289.97 million in 2021, according to World Bank. This represents an increase of 54.1% ($156.75 million) from the previous year. San Marino has net trade (goods & services, bop) higher than the global median ($446.73 million vs median -$215.12 million). Compared with the median in Europe, San Marino is lower ($446.73 million vs regional median $1.60 billion) and ranks 25th out of 44 countries in Europe.
Yearly Historical Data (2017-2022)
(in Million USD)San Marino Net Trade (Goods & Services, BoP) : Definition
Net Trade (Goods & Services, BoP) measures the difference between exports and imports of goods and services in San Marino, recorded on a Balance of Payments basis and measured in current US dollars. A positive value indicates a trade surplus, while a negative value indicates a trade deficit.