In 2019, Sao Tome and Principe exported a total of $22.9M, making it the number 209 exporter in the world. During the last five reported years the exports of Sao Tome and Principe have changed by $1.71M from $21.2M in 2014 to $22.9M in 2019.
In 2019 Sao Tome and Principe imported $163M, making it the number 207 trade destination in the world. During the last five reported years the imports of Sao Tome and Principe changed by -$60.2M from $224M in 2014 to $163M in 2019.
Sao Tome and Principe Exports Services (2016): $87.6M
Sao Tome and Principe Imports Services (2016): $59.3M
In 2016, Sao Tome and Principe exported $87.6M worth of services. The top services exported by Sao Tome and Principe in 2016 were Personal travel ($61.6M), Miscellaneous business, professional, and technical services ($9.46M), Business travel ($7.27M), Government services, n.i.e. ($4.86M), and Construction in the compiling economy ($1.64M).
The top services imported by Sao Tome and Principe in 2016 were Sea transport ($20.4M), Personal travel ($14.6M), Miscellaneous business, professional, and technical services ($5.34M), Government services, n.i.e. ($5.28M), and Air transport ($4.79M).
Sao Tome and Principe has a high level of specialization in Cocoa Beans (467), Coconut Oil (68.5), Pepper (55.5), Iron Springs (55.1), and Gas Turbines (47.4). Specialization is measured using RCA, an index that takes the ratio between Sao Tome and Principe observed and expected exports in each product.
The top export opportunities for Sao Tome and Principe according to the relatedness index, are Precious Metal Scraps (0.064), Scrap Copper (0.063), Live Fish (0.063), Large Aluminium Containers (0.063), and Hard Liquor (0.063). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Sao Tome and Principe is not specialized in.
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.
The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities.
Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.