Nigeria (NGA) and Sao Tome and Principe (STP) Trade | The Observatory of Economic Complexity

About

Nigeria-Sao Tome and Principe Trade: In 2022, Nigeria exported $305k to Sao Tome and Principe. The main products that Nigeria exported to Sao Tome and Principe were Fake Hair ($53k), Bi-Wheel Vehicle Parts ($24.9k), and Motor vehicles; parts and accessories (8701 to 8705) ($13.7k). Over the past 5 years the exports of Nigeria to Sao Tome and Principe have decreased at an annualized rate of 44.2%, from $5.65M in 2017 to $305k in 2022.

In 2022, Nigeria did not export any services to Sao Tome and Principe.

Sao Tome and Principe-Nigeria In N/A, Sao Tome and Principe did not export any products to Nigeria.

In 2022, Sao Tome and Principe did not export any services to Nigeria.

Comparison In 2022, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B). That same year, Sao Tome and Principe ranked 207 in total exports ($29.8M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Nigeria exported $305k to Sao Tome and Principe. The main products exported from Nigeria to Sao Tome and Principe were Fake Hair ($53k), Bi-Wheel Vehicle Parts ($24.9k), and Motor vehicles; parts and accessories (8701 to 8705) ($13.7k). During the last 5 years the exports of Nigeria to Sao Tome and Principe have decreased at an annualized rate of 44.2%, from $5.65M in 2017 to $305k in 2022.

Sao Tome and Principe does not register exports to Nigeria.

Exports from Nigeria () to Sao Tome and Principe () (2022)

Exports from Sao Tome and Principe () to Nigeria () (2022)

Latest Data

Trade between Nigeria () and Sao Tome and Principe ()

Sao Tome and Principe Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nigeria
Top DestinationSpain$9.41B

Sao Tome and Principe
Top DestinationNetherlands$7.77M

This map shows whether countries import more from Nigeria or Sao Tome and Principe. Each country is colored based on the difference in imports they receive from Nigeria and Sao Tome and Principe or the difference in the growth in imports.

In 2022, countries that imported more from Nigeria than Sao Tome and Principe included Spain ($9.41B), India ($8.2B), and France ($4.95B).

In 2022, countries that imported more from Sao Tome and Principe than Nigeria included Fiji ($4.05k) and Montserrat ($3.8k).

Difference in imports from Sao Tome and Principe () and Nigeria () (2022)

Comparative Advantage Nigeria - Sao Tome and Principe

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Nigeria and Sao Tome and Principe by product, considering products traded by both, Nigeria and Sao Tome and Principe.

During 2022, Nigeria had a large net trade with Sao Tome and Principe in the exports of Footwear and Headwear ($68.4k), Transportation ($49.6k), and Textiles ($37.4k).

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Nigeria and Sao Tome and Principe. This means that a dot/product with the flag of Nigeria indicates it has a comparative advantage over Sao Tome and Principe. Similarly, a dot/product with the flag of Sao Tome and Principe indicates it has a comparative advantage over Nigeria.

About

Historical Data

Bilateral Trade by Products

Exports from Nigeria () to Sao Tome and Principe () (2022)

Exports from Sao Tome and Principe () to Nigeria () (2022)

Latest Data

Trade between Nigeria () and Sao Tome and Principe ()

Sao Tome and Principe Exports

Market Competitiveness

Difference in imports from Sao Tome and Principe () and Nigeria () (2022)

Comparative Advantage Nigeria - Sao Tome and Principe

Economic Complexity

Competitive Landscape

Product Space of Nigeria () and Sao Tome and Principe () (2022)

Keep Exploring