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San Marino Trade (% GDP)

San Marino's trade (% GDP) rose to 370.44% in 2022, up from 342.47% in 2021, according to World Bank. This represents an increase of 27.97% from the previous year. San Marino has the 2nd highest trade (% GDP). Other top countries are Luxembourg, Hong Kong, Singapore and Djibouti.

Yearly Historical Data (2015-2022)

(in %)
Year Trade (% GDP)
2022 370.44%
2021 342.47%
2020 304.9%
2019 307.26%
2018 309.49%
2017 313.85%
2016 320.15%
2015 321.36%
San Marino Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for San Marino divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Exports (% GDP) 197.41% 184.31% 2022
Imports (% GDP) 173.02% 158.16% 2022
Net Trade (Goods & Services, BoP) $446.73M $289.97M 2022