San Marino

San Marino ranked No. 203 in total trade value through March with a total of $2.88 million. Exports totaled $354,178 and Imports totaled $2.52 million, a deficit of $2.17 million.

U.S. trade with San Marino rose to $2.88 million through March

San Marino’s trade with the United States rose to $2.88 million through the first three months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 7.49 percent below its total trade during the same time period last year. U.S. exports to San Marino increased 142.01 percent while U.S. imports from San Marino fell 14.87 percent. The U.S. deficit with San Marino was $2.17 million.

Through March, 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 Denver International Airport, Colo.; and No. 5 Port of New York. 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 80.69 percent of San Marino’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Savannah, Ga. rose 2.64 percent to $1.54 million.
    There were no exports. Imports rose 2.64 percent to $1.54 million.
  • Trade with No. 2 Port of Long Beach fell 39.08 percent to $215,427.
    There were no exports. Imports fell 39.08 percent to $215,427.
  • Trade with No. 3 Port of Newark fell 26.76 percent to $209,405.
    Exports totaled $68,074. Imports fell 50.57 percent to $141,331.
  • Trade with No. 4 Denver International Airport, Colo. totaled $183,265.
    There were no exports. Imports totaled $183,265.
  • Trade with No. 5 Port of New York rose 870.16 percent to $174,067.
    Exports rose 870.16 percent to $174,067. There were no imports.

San Marino ranked No. 203 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 201.

Meanwhile, total U.S. trade with the world increased to $964.77 billion, down 4.16 percent compared to the same period last year. The nation’s exports dropped 3.07 percent to $395.69 billion; imports dropped 4.91 percent to $569.09 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $173.4 billion, down compared to the same period of last year when the deficit was $190.25 billion.

The top five U.S. exports to San Marino by value through March were the categories of Video game consoles; Medical instruments; Passenger vehicles; Computers; and Machine tool parts, respectively. They accounted for 87.09 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 filers, etc.; and Machine Tools For Working Stone, Etc & Glass 8464 –– accounted for 86.11 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 totaled $73,318. The previous year, there were no exports in this category.
  • Passenger vehicles totaled $29,743. The previous year, there were no exports in this category.
  • Computers totaled $16,325. The previous year, there were no exports in this category.
  • Machine tool parts fell 33.85 percent compared to last year to $15,015.

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

  • Dishwashers and other cleaning machinery rose 5.2 percent compared to last year to $1.26 million.
  • Unglazed ceramic flags, paving, hearth tiles fell 59.51 percent compared to last year to $439,961.
  • Furniture, parts rose 25779 percent compared to last year to $222,298.
  • Catalytic converters, air filters, oil filers, etc. rose 175.35 percent compared to last year to $129,387.
  • Machine Tools For Working Stone, Etc & Glass 8464 totaled $117,565. The previous year, there were no imports in this category.

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.