Sao Tome and Principe (STP) and Belgium (BEL) Trade | The Observatory of Economic Complexity

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Sao Tome and Principe-Belgium Trade: In 2022, Sao Tome and Principe exported $3.19M to Belgium. The main products that Sao Tome and Principe exported to Belgium were Cocoa Beans ($2.89M), Coconut Oil ($181k), and Palm Oil ($26.6k). Over the past 5 years the exports of Sao Tome and Principe to Belgium have increased at an annualized rate of 23.2%, from $1.12M in 2017 to $3.19M in 2022.

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

Belgium-Sao Tome and Principe Trade: In 2022, Belgium exported $2.3M to Sao Tome and Principe. The main products that Belgium exported to Sao Tome and Principe were Engine Parts ($622k), Electric Motor Parts ($453k), and Poultry Meat ($451k). Over the past 5 years the exports of Belgium to Sao Tome and Principe have increased at an annualized rate of 4.07%, from $1.88M in 2017 to $2.3M in 2022.

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

Comparison In 2022, Sao Tome and Principe ranked 207 in total exports ($29.8M), and does not have data regarding Economic Complexity Index. That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Sao Tome and Principe exported $3.19M to Belgium. The main products exported from Sao Tome and Principe to Belgium were Cocoa Beans ($2.89M), Coconut Oil ($181k), and Palm Oil ($26.6k). During the last 5 years the exports of Sao Tome and Principe to Belgium have increased at an annualized rate of 23.2%, from $1.12M in 2017 to $3.19M in 2022.

In 2017, Belgium exported $2.3M to Sao Tome and Principe. The main products exported from Belgium to Sao Tome and Principe were Engine Parts ($622k), Electric Motor Parts ($453k), and Poultry Meat ($451k). During the last 5 years the exports of Belgium to Sao Tome and Principe have increased at an annualized rate of 4.07%, from $1.88M in 2022 to $2.3M in 2017.

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

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

Latest Data

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

Sao Tome and Principe Exports

Date

Belgium Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sao Tome and Principe
Top DestinationNetherlands$7.77M

Belgium
Top DestinationGermany$91.9B

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

In 2022, no countries were registered that imported more from Sao Tome and Principe than from Belgium.

In 2022, countries that imported more from Belgium than Sao Tome and Principe included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

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

Comparative Advantage Sao Tome and Principe - Belgium

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Sao Tome and Principe had a large net trade with Belgium in the exports of Foodstuffs ($2.92M), Animal and Vegetable Bi-Products ($207k), and Machines ($50.4k).

During 2017, Belgium had a large net trade with Sao Tome and Principe in the exports of Machines ($1.11M), Animal Products ($471k), and Transportation ($333k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

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

Sao Tome and Principe Exports

Belgium Exports

Market Competitiveness

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

Comparative Advantage Sao Tome and Principe - Belgium

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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