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2023
Flag → Flag
Exports $41.7kRnk 32 / 80
2023
Flag → Flag
Top Product $18.1kOther Oily Seeds
2023
Flag → Flag
Exports $700kRnk 114 / 159
2023
Flag → Flag
Top Product $101kFake Hair
2023
Flag
Economic Complexity (ECI) ECI -1.75Rnk 129 / 132
2023
Flag  
GDP$679MCURRENT US$
Rnk 188 / 195
2013-2023
Flag
GDP GROWTH154%CURRENT US$
Rnk 5 / 195
2023
Flag
 GDP$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH-30%CURRENT US$
Rnk 191 / 195
2023
Flag
GDP PC $2,941CURRENT US$
Rnk 143 / 195
2013-2023
Flag
GDP PC GROWTH113%CURRENT US$
Rnk 5 / 195
2023
Flag
GDP PC$1,597CURRENT US$
Rnk 164 / 196
2013-2023
Flag
GDP PC GROWTH-44.4%CURRENT US$
Rnk 192 / 195

About

Sao Tome and Principe-Nigeria Trade: In 2023, Sao Tome and Principe exported $41.7k to Nigeria. The main products that Sao Tome and Principe exported to Nigeria were Other Oily Seeds ($18.1k), Scrap Iron ($7.42k), and Sowing Seeds ($3.43k). Over the past 8 years the exports of Sao Tome and Principe to Nigeria have increased at an annualized rate of 0.68%, from $39.5k in 2015 to $41.7k in 2023.

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

Nigeria-Sao Tome and Principe Trade: In 2023, Nigeria exported $700k to Sao Tome and Principe. The main products that Nigeria exported to Sao Tome and Principe were Fake Hair ($101k), Bi-Wheel Vehicle Parts ($80.3k), and Motor vehicles; parts and accessories (8701 to 8705) ($64.7k). Over the past 8 years the exports of Nigeria to Sao Tome and Principe have increased at an annualized rate of 9.33%,  from $448k in 2015 to $700k in 2023.

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

Comparison In 2023,  Sao Tome and Principe ranked 202 in total exports ($57.1M), and does not have data regarding Economic Complexity Index. That same year, Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75), and 52 in total exports ($61B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sao Tome and Principe exported $41.7k to Nigeria. The main products exported from Sao Tome and Principe to Nigeria were Other Oily Seeds ($18.1k), Scrap Iron ($7.42k), and Sowing Seeds ($3.43k). During the last 8 years the exports of Sao Tome and Principe to Nigeria have increased at an annualized rate of 0.68%, from $39.5k in 2015 to $41.7k in 2023.

In 2018, Nigeria exported $700k to Sao Tome and Principe. The main products exported from Nigeria to Sao Tome and Principe were Fake Hair ($101k), Bi-Wheel Vehicle Parts ($80.3k), and Motor vehicles; parts and accessories (8701 to 8705) ($64.7k). During the last 5 years the exports of Nigeria to Sao Tome and Principe have increased at an annualized rate of 9.33%, from $448k in 2023 to $700k in 2018.

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

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

Latest Data

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

Sao Tome and Principe Exports

Market Competitiveness

Color
Sao Tome and Principe
Top DestinationPakistan$30.8M
Nigeria
Top DestinationUnited States$6.29B

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

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

In 2023, countries that imported more from Nigeria than Sao Tome and Principe included United States ($6.29B), Spain ($5.76B), and France ($4.76B).

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

Comparative Advantage Sao Tome and Principe - Nigeria

Flow
Scale

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

During 2023, Sao Tome and Principe had a large net trade with Nigeria in the exports of Vegetable Products ($21.7k), Metals ($10.3k), and Transportation ($4.06k).

During 2018, Nigeria had a large net trade with Sao Tome and Principe in the exports of Transportation ($190k), Footwear and Headwear ($158k), and Machines ($101k).

Economic Complexity

Competitive Landscape

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

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

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