San Marino

San Marino ranked No. 206 in total trade value through June with a total of $4.52 million. Exports totaled $415,513 and Imports totaled $4.1 million, a deficit of $3.69 million.

U.S. trade with San Marino rose to $4.52 million through June

San Marino’s trade with the United States rose to $4.52 million through the first six months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 34.86 percent below its total trade during the same time period last year. U.S. exports to San Marino increased 38.35 percent while U.S. imports from San Marino fell 38.18 percent. The U.S. deficit with San Marino was $3.69 million.

Through June, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Savannah, Ga.; No. 2 Port of Long Beach; No. 3 Port of Newark; No. 4 Port of Virginia; and No. 5 Chicago O’Hare International Airport. During the same period the previous year, the top five were No. 1 Port of Savannah, Ga.; No. 2 Port of Virginia; No. 3 Port of Long Beach; No. 4 Port of Newark and No. 5 Port of Seattle, Wash.. In the current time period, the top five accounted for 77.23 percent of San Marino’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Savannah, Ga. fell 33.85 percent to $2.26 million.
    There were no exports. Imports fell 33.85 percent to $2.26 million.
  • Trade with No. 2 Port of Long Beach fell 48.25 percent to $457,911.
    There were no exports. Imports fell 48.25 percent to $457,911.
  • Trade with No. 3 Port of Newark fell 15.57 percent to $344,078.
    Exports totaled $68,074. Imports fell 32.27 percent to $276,004.
  • Trade with No. 4 Port of Virginia fell 79.67 percent to $222,425.
    There were no exports. Imports fell 78.68 percent to $222,425.
  • Trade with No. 5 Chicago O’Hare International Airport rose 1678.62 percent to $204,861.
    There were no exports. Imports totaled $204,861.

San Marino ranked No. 206 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 187.

Meanwhile, total U.S. trade with the world increased to $1.77 trillion, down 57.4 percent compared to the same period last year. The nation’s exports dropped 58.23 percent to $687.16 billion; imports dropped 56.85 percent to $1.08 trillion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $391.01 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to San Marino by value through June were the categories of Video game consoles; Medical instruments; Passenger vehicles; Metal-cutting shears, pliers, files, rasps, etc.; and Computers, respectively. They accounted for 76.18 percent of total exports to San Marino.

The value of the top five categories of U.S. imports from San Marino –– Dishwashers and other cleaning machinery; Unglazed ceramic flags, paving, hearth tiles; Furniture, parts; Catalytic converters, air filters, oil filters, etc.; and Prepared foods, beverages –– accounted for 83.31 percent of all inbound shipments.

Looking more closely at U.S. exports to San Marino:

  • Video game consoles totaled $174,067. The previous year, there were no exports in this category.
  • Medical instruments rose 321.37 percent compared to last year to $73,318.
  • Passenger vehicles totaled $29,743. The previous year, there were no exports in this category.
  • Metal-cutting shears, pliers, files, rasps, etc. totaled $20,230. The previous year, there were no exports in this category.
  • Computers rose 113.09 percent compared to last year to $19,163.

Looking more closely at U.S. imports from San Marino:

  • Dishwashers and other cleaning machinery fell 27.68 percent compared to last year to $1.9 million.
  • Unglazed ceramic flags, paving, hearth tiles fell 65.52 percent compared to last year to $961,840.
  • Furniture, parts rose 19885 percent compared to last year to $224,030.
  • Catalytic converters, air filters, oil filters, etc. rose 91.15 percent compared to last year to $172,399.
  • Prepared foods, beverages rose 1358.43 percent compared to last year to $156,125.

In the latest annual figures available, San Marino recorded $43.09 million in trade with the United States. Total U.S. exports to San Marino were $ 31.69 million and imports from San Marino were $11.39 million. The U.S. surplus with San Marino was $20.3 million.