Products Imported from China to San Marino

In the calendar year of 2023, China exported goods worth US$9.67 million to San Marino. Among the main exports from China to San Marino were Plywood (US$2.2 million), Washing and Bottling Machines (US$1.09 million), Imitation Jewellery (US$786,000), Railway Cargo Containers (US$612,060) and Porcelain Tableware (US$419,119). During the last 22 years the exports of China to San Marino have grown steadily at an annualized rate of 17.1%, rising from US$300k in 2000 to US$9.67 million in 2023.

List of All Products That Were Imported from China to San Marino

The table below presents a comprehensive list of all commodities that were exported from China to San Marino in 2023, categorized by product types, and ranked by their trade values in US dollars.

Tips to use this table

1. Identifying High-Demand Products: Analyze the top-ranked products to identify which items have the highest trade values. These products are likely to be in high demand in the San Marino market, presenting lucrative opportunities for importers and resellers.
2. Niche Market Exploration: Explore products with significant trade values that may not be commonly known. These niche products could represent untapped market segments with less competition, allowing resellers and importers to carve out a unique position in the market.

Last Updated: April, 2024

Note #1: The HS4 code, or Harmonized System 4-digit code, is part of the Harmonized Commodity Description and Coding System (HS). It’s an internationally standardized system for classifying goods in international trade.

Note #2: This table is regularly updated on an annual basis. Therefore, we encourage you to revisit frequently to access the latest information regarding trade between China and San Marino.

Trade Agreements between China and San Marino

China and San Marino have a unique relationship that is marked more by diplomatic ties and mutual recognition than by extensive trade agreements. As one of the world’s smallest republics, San Marino maintains a niche economic structure largely centered on tourism, banking, and the manufacture of various goods including ceramics and electronics. The bilateral engagements with China reflect a focus on cultural exchange and economic cooperation more than comprehensive trade agreements. Here’s a breakdown of the nature of their relationship:

1. Diplomatic Relations

China and San Marino established diplomatic relations in 1971. The long-standing diplomatic ties have laid the foundation for bilateral cooperation, which includes cultural exchanges and economic activities, though not structured around significant trade agreements.

2. Economic Cooperation

While not extensive, the economic interactions between China and San Marino include:

• Tourism and Cultural Exchange: Initiatives to promote tourism and cultural heritage between the two nations. Given San Marino’s reliance on tourism as a key economic driver, any cooperation that can increase tourist flow is beneficial.
• Investment: There may be modest investments from Chinese entities in local San Marino industries, such as retail and light manufacturing, although these are not formalized through trade agreements.

3. Educational and Technological Exchanges

China and San Marino engage in educational and technological exchanges that, while not directly trade-related, foster a conducive environment for future economic and potentially trade-related cooperation. These include:

• Scholarships and Training Programs: These programs are aimed at building capacity and fostering goodwill, which is crucial for small states like San Marino.

4. Healthcare and Medical Assistance

China has been known to provide medical assistance and healthcare cooperation to its smaller partners, which would include contributions during global health crises. For San Marino, such support can be crucial, especially in enhancing its healthcare infrastructure.

5. Potential Areas for Future Cooperation

Looking ahead, areas that might see growth in bilateral cooperation could include:

• Technology and Innovation: As China excels in technology, there could be future collaborations involving tech transfer or Chinese tech investments in San Marino, particularly in sectors like electronics where San Marino already has a foundation.
• Renewable Energy and Sustainability Projects: Initiatives aimed at sustainability could be a key area, especially with San Marino’s interest in maintaining its environmental heritage.