San Marino Trade Balance
External balance on goods and services NE.RSB.GNFS.CD
San Marino's trade balance was $718.1M in 2025, ranked 67th globally. This represents a 14.2% increase from 2024. Data from World Bank, covering 2015–2025.
Overview
San Marino's trade balance stood at $718.1M in 2025, a rise of +$89.6M from 2023. Based on recent trends, this figure is projected to reach $718.1M by 2025. San Marino ranked 67th globally.
San Marino's trade balance has experienced significant fluctuations over the past decade, with a peak value of 718,146,932.92 in 2025. This represents a substantial increase from the trough value of 335,062,580.50 in 2019, indicating a marked improvement in the country's trade performance. While San Marino's trade balance ranks 67th globally, it is closely matched by Djibouti, which ranked 65th in 2025 with a trade balance of 622,557,266.73. Notably, South Africa, a peer country, has a significantly higher trade balance of 983,297,215.41, highlighting the differences in trade dynamics between the two nations. The improvement in San Marino's trade balance appears to be driven by a combination of factors, including increased exports and decreased imports. However, a significant shift in global trade patterns or an escalation of regional trade tensions could potentially alter the trajectory of San Marino's trade balance, impacting the country's economic growth and stability.
Data & projection
| Year | Trade Balance | YoY change | Rank |
|---|---|---|---|
| 2026* trend | $784.4M | - | - |
| 2025* trend | $718.1M | - | - |
| 2025 | $718.1M | +$89.6M | #67 |
| 2023 | $628.6M | +$182.5M | #107 |
| 2022 | $446.1M | −$39.3M | #123 |
| 2021 | $485.4M | +$114.7M | #111 |
| 2020 | $370.7M | +$35.7M | #118 |
| 2019 | $335.1M | −$57.4M | #115 |
| 2018 | $392.4M | +$30.0M | #120 |
| 2017 | $362.4M | −$19.2M | #117 |
| 2016 | $381.6M | −$9.3M | #122 |
| 2015 | $390.9M | – | #129 |
Detected Pattern
Analysis
San Marino matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw trade balance improve within 24 months. View full analysis →
Frequently Asked Questions
San Marino's trade balance was $718.1M in 2025. Ranked 67th globally. This represents a 14.2% increase from the previous year.
San Marino's trade balance peaked at $718.1M in 2025.
The lowest trade balance in San Marino was $335.1M in 2019.
San Marino ranks 67th globally in trade balance as of 2025.
The World Bank indicator code is NE.RSB.GNFS.CD. Data sourced from World Bank.
San Marino's trade balance is projected to reach $718.1M by 2025 based on trend extrapolation.
San Marino's trade balance was approximately 718.15 million ($718.1M) in 2025.
The trade balance of San Marino in 2025 was $718.1M. This ranks 67th in the world.
Cite this page
@misc{historysaid_san-marino_trade-balance,
title = {San Marino Trade Balance},
url = {https://historysaid.com/san-marino/trade-balance/},
publisher = {HistorySaid},
year = {2026}
}