China-San Marino Bilateral Trade Analysis 2023

Complete trade statistics: $17.92M total volume •China surplus: $6.64M

ChinaSan Marino

$12.28M

Exports (2023)

San MarinoChina

$5.64M

Imports (2023)

Trade Balance

$6.64M

Surplus for China

Total Trade

$17.92M

Combined Volume

Trade Flow Visualization

Direct trade relationship between China and San Marino. Green line shows exports from China, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the China-San Marino commercial relationship and competitive positioning in global markets.

ChinaSan Marino Exports

$12.28M
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
8.8% top product
1Cases and containers: trunks, suit-cases, vanity-cases, executive-cases, brief-cases, school satchels and similar containers, with outer surface of plastics or of textile materials
$1.08M
8.8% of exports
2Jewellery: imitation, (excluding cuff links and studs), of base metal, whether or not plated with precious metal
$917,709
7.5% of exports
3Fans: table, floor, wall, window, ceiling or roof fans, with a self-contained electric motor of an output not exceeding 125W
$816,178
6.6% of exports
4Plywood: with sheets of wood only: not bamboo: each ply 6mm or less, with at least one outer ply of alder, ash, beech, birch, cherry, chestnut, elm, eucalyptus, hickory, horse chestnut, lime, maple, oak, plane, poplar, aspen, robinia, tulipwood or walnut
$692,054
5.6% of exports
5Sanitary towels (pads) and tampons, napkins and napkin liners for babies and similar articles, of any material
$589,289
4.8% of exports

🎯 Strategic Export Focus

China's export portfolio to San Marino demonstrates strategic specialization, with cases and containers: trunks, suit-cases, vanity-cases, executive-cases, brief-cases, school satchels and similar containers, with outer surface of plastics or of textile materials representing a key competitive advantage in this bilateral market.

San MarinoChina Imports

$5.64M
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
28.9% concentration
1Cosmetic and toilet preparations: n.e.c. in heading no. 3304, for the care of the skin (excluding medicaments, including sunscreen or sun tan preparations)
$1.63M
28.9% of imports
2Machinery: for packing or wrapping
$1.24M
22.0% of imports
3Food preparations: n.e.c. in item no. 2106.10
$1.02M
18.1% of imports
4Nuts and other seeds: whether or not containing added sugar, other sweetening matter or spirit (excluding ground-nuts except in mixtures)
$319,190
5.7% of imports
5Jams, fruit jellies, marmalades, purees and pastes: of fruit or nuts n.e.c. in heading no. 2007, cooked preparations (excluding homogenised), whether or not containing added sugar or other sweetening matter
$212,477
3.8% of imports

📦 Import Strategy Analysis

China's import pattern from San Marino reveals significant dependencyin cosmetic and toilet preparations: n.e.c. in heading no. 3304, for the care of the skin (excluding medicaments, including sunscreen or sun tan preparations), highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

China demonstrates competitive strength in exportingcases and containers: trunks, suit-cases, vanity-cases, executive-cases, brief-cases, school satchels and similar containers, with outer surface of plastics or of textile materials to San Marino, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $17.92M trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: China-San Marino Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $17.92 millionrepresenting a significant bilateral economic relationship
  • Trade Balance: China maintains a surplus of $6.64 million
  • Export Focus: China's primary exports include cases and containers: trunks, suit-cases, vanity-cases, executive-cases, brief-cases, school satchels and similar containers, with outer surface of plastics or of textile materials, jewellery: imitation, (excluding cuff links and studs), of base metal, whether or not plated with precious metal, fans: table, floor, wall, window, ceiling or roof fans, with a self-contained electric motor of an output not exceeding 125w
  • Import Dependencies: Key imports from San Marino include cosmetic and toilet preparations: n.e.c. in heading no. 3304, for the care of the skin (excluding medicaments, including sunscreen or sun tan preparations), machinery: for packing or wrapping, food preparations: n.e.c. in item no. 2106.10

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $17.92M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with China leveraging its comparative advantages in cases and containers: trunks, suit-cases, vanity-cases, executive-cases, brief-cases, school satchels and similar containers, with outer surface of plastics or of textile materials.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

China's specialization in cases and containers: trunks, suit-cases, vanity-cases, executive-cases, brief-cases, school satchels and similar containers, with outer surface of plastics or of textile materialscomplements San Marino's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in cosmetic and toilet preparations: n.e.c. in heading no. 3304, for the care of the skin (excluding medicaments, including sunscreen or sun tan preparations).

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $17.92M bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $17.92M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $17.92 million bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in cases and containers: trunks, suit-cases, vanity-cases, executive-cases, brief-cases, school satchels and similar containers, with outer surface of plastics or of textile materials and cosmetic and toilet preparations: n.e.c. in heading no. 3304, for the care of the skin (excluding medicaments, including sunscreen or sun tan preparations) demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

China's trade surplus of $6.64 million strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in jewellery: imitation, (excluding cuff links and studs), of base metal, whether or not plated with precious metal present expansion opportunities.
Market Diversification
Beyond current focus on cosmetic and toilet preparations: n.e.c. in heading no. 3304, for the care of the skin (excluding medicaments, including sunscreen or sun tan preparations), new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
Moderate concentration in key sectors requires monitoring
Market Competition
Global competition in cases and containers: trunks, suit-cases, vanity-cases, executive-cases, brief-cases, school satchels and similar containers, with outer surface of plastics or of textile materials may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between China and San Marino represents a total trade volume of $17.92 million in 2023. This partnership demonstrates a favorable trade balance for China, with exports exceeding importsby $6.64 million.

Export Strengths

China's exports to San Marino total $12.28 million, with competitive advantages in cases and containers: trunks, suit-cases, vanity-cases, executive-cases, brief-cases, school satchels and similar containers, with outer surface of plastics or of textile materials, representing $1.08M or8.8% of bilateral exports.

Import Dependencies

Imports from San Marino amount to $5.64 million, highlighting economic interdependence in cosmetic and toilet preparations: n.e.c. in heading no. 3304, for the care of the skin (excluding medicaments, including sunscreen or sun tan preparations), with Cosmetic and toilet preparations: n.e.c. in heading no. 3304, for the care of the skin (excluding medicaments, including sunscreen or sun tan preparations) comprising28.9% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates China's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between China and San Marino in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023