2023
Flag  
GDP
$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH
27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
 GDP
$679MCURRENT US$
Rnk 188 / 195
2013-2023
Flag
GDP GROWTH
154%CURRENT US$
Rnk 5 / 195
2023
Flag
GDP PC 
$27,331CURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP PC GROWTH
26.1%CURRENT US$
Rnk 84 / 195
2023
Flag
GDP PC
$2,941CURRENT US$
Rnk 143 / 196
2013-2023
Flag
GDP PC GROWTH
113%CURRENT US$
Rnk 5 / 195

About

Portugal-Sao Tome and Principe Trade: In 2023, Portugal exported $64.4M to Sao Tome and Principe. The main products that Portugal exported to Sao Tome and Principe were Wine ($3.84M), Soybean Oil ($2.42M), and Wheat Flours ($2.11M). Over the past 5 years the exports of Portugal to Sao Tome and Principe have decreased at an annualized rate of 4.15%, from $79.6M in 2018 to $64.4M in 2023.

In 2023, Portugal did not export any services to Sao Tome and Principe.

Sao Tome and Principe-Portugal Trade: In 2023, Sao Tome and Principe exported $798k to Portugal. The main products that Sao Tome and Principe exported to Portugal were Scrap Iron ($267k), Cocoa Beans ($91.7k), and Coffee ($71.7k). Over the past 5 years the exports of Sao Tome and Principe to Portugal have decreased at an annualized rate of 13.5%,  from $2.95M in 2018 to $798k in 2023.

In 2023, Sao Tome and Principe did not export any services to Portugal.

Comparison In 2023,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57),  and 46 in total exports ($83B). That same year, Sao Tome and Principe ranked 202 in total exports ($57.1M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Portugal exported $64.4M to Sao Tome and Principe. The main products exported from Portugal to Sao Tome and Principe were Wine ($3.84M), Soybean Oil ($2.42M), and Wheat Flours ($2.11M). During the last 5 years the exports of Portugal to Sao Tome and Principe have decreased at an annualized rate of 4.15%, from $79.6M in 2018 to $64.4M in 2023.

In 2018, Sao Tome and Principe exported $798k to Portugal. The main products exported from Sao Tome and Principe to Portugal were Scrap Iron ($267k), Cocoa Beans ($91.7k), and Coffee ($71.7k). During the last 5 years the exports of Sao Tome and Principe to Portugal have decreased at an annualized rate of 13.5%, from $2.95M in 2023 to $798k in 2018.

Exports from Portugal (Flag) to Sao Tome and Principe (Flag) (2023)

Exports from Sao Tome and Principe (Flag) to Portugal (Flag) (2023)

Market Competitiveness

Color
Portugal
Top Destination
Spain$17.7B
Sao Tome and Principe
Top Destination
Pakistan$30.8M

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

In 2023, countries that imported more from Portugal than Sao Tome and Principe included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

In 2023, countries that imported more from Sao Tome and Principe than Portugal included Pakistan ($30.8M) and Guyana ($1.36M).

Difference in imports from Sao Tome and Principe (Flag) and Portugal (Flag) (2023)

Comparative Advantage Portugal - Sao Tome and Principe

Flow
Scale

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

During 2023, Portugal had a large net trade with Sao Tome and Principe in the exports of Foodstuffs ($15.5M), Machines ($11.3M), and Vegetable Products ($6.79M).

During 2018, Sao Tome and Principe had a large net trade with Portugal in the exports of Metals ($309k), Vegetable Products ($128k), and Foodstuffs ($123k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Portugal and Sao Tome and Principe. This means that a dot/product with the flag of Portugal 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 Portugal.

Product Space of Portugal (Flag) and Sao Tome and Principe (Flag) (2023)

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