San Marino's imports are structurally high relative to GDP, reflecting the small economy's dependence on external supply of goods, energy, and services. The trade balance is monitored as a key indicator of external competitiveness.
| Year | Value (% PIL) | YoY change | vs 2015 |
|---|---|---|---|
| 2023 | 155 | -10.4% | +5.5% |
| 2022 | 173 | +9.4% | +17.8% |
| 2021 | 158.2 | +12.7% | +7.7% |
| 2020 | 140.4 | -2.0% | -4.4% |
| 2019 | 143.3 | +0.3% | -2.5% |
| 2018 | 142.9 | -1.5% | -2.7% |
| 2017 | 145.1 | -1.4% | -1.2% |
| 2016 | 147.1 | +0.1% | +0.1% |
| 2015 | 146.9 | — | base |
Imports of goods and services as a percentage of GDP. San Marino imports almost all consumer and industrial goods from Italy, with which it shares a border and customs agreements. The structural negative trade balance is a permanent feature of the San Marinese economy.
OESM — Economic Observatory of San Marino. (2026). Imports (% of GDP) — San Marino, 2015–2023 [Dataset]. Retrieved 13 April 2026 from https://oesm.net/en/data/san-marino-imports
OESM — Economic Observatory of San Marino. "Imports (% of GDP) — San Marino." Dataset. Accessed 13 April 2026. https://oesm.net/en/data/san-marino-imports.
@dataset{oesm2026_imports_pct_en,
author = {OESM -- Economic Observatory of San Marino},
title = {Imports (% of GDP) -- San Marino, 2015--2023},
year = {2026},
url = {https://oesm.net/en/data/san-marino-imports},
note = {Accessed: 13 April 2026},
license = {CC BY 4.0},
}