San Marino: Trade balance, in dollars

* indicates monthly or quarterly data series
 San Marino

Trade balance, billion USD

 Latest value 0.63
 Year 2023
 Measure billion U.S. dollars
 Data availability 2017 - 2023
 Average 0.28
 Min - Max 0.12 - 0.63
 Source The World Bank
 Available for Data download
The latest value from 2023 is 0.63 billion U.S. dollars, an increase from 0.41 billion U.S. dollars in 2022. In comparison, the world average is 4.63 billion U.S. dollars, based on data from 168 countries. Historically, the average for San Marino from 2017 to 2023 is 0.28 billion U.S. dollars. The minimum value, 0.12 billion U.S. dollars, was reached in 2017 while the maximum of 0.63 billion U.S. dollars was recorded in 2023. See the global rankings for that indicator or use the country comparator to compare trends over time.
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 Recent values San Marino: Trade balance, in dollars
 2023 0.63
 2022 0.41
 2021 0.29
 2020 0.21
 2019 0.18
 2018 0.13
 2017 0.12




Definition: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.

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 Related indicators Latest Reference Measure
 Trade openness 340.98 2023 percent
 Financial openness 1.028 2022 index points
 Exports, percent of GDP 185.99 2023 percent
 Exports, billion dollars 3.77 2023 billion U.S. dollars
 Growth of exports -5.41 2023 percent
 Imports, percent of GDP 154.99 2023 percent
 Imports, billion dollars 3.14 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP -0.89 2023 percent
 Foreign Direct Investment, billion dollars -0.02 2023 billion U.S. dollars
 Portfolio investment inflows, equities 5.47 2023 million dollars (current)
 Current account, percent of GDP 21.99 2023 percent
 Current account, in dollars 0.45 2023 billion U.S. dollars
 Trade balance, percent of GDP 31.00 2023 percent
 Trade balance, in dollars 0.63 2023 billion U.S. dollars
 Reserves 0.86 2025 billion U.S. dollars
 Remittances, percent of GDP 1.10 2023 percent
 Remittances 22.29 2023 million U.S. dollars
 Net errors and omissions -53.75 2023 million USD
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