Flag Sao Tome and Principe

2019
Product
Exports | Imports
: $22.9M | $163M, 209 of 225 |  207 of 225

2019
Per Capita Product
Exports | Imports
: $106 | $760, 195 of 219 |  162 of 219

2016
Service
Exports | Imports
: $87.6M | $59.3M, 143 of 152 | 152 of 152

Exports: The top exports of Sao Tome and Principe are Gas Turbines ($9.53M), Cocoa Beans ($5.64M), Aircraft Parts ($1.97M), Iron Springs ($501k), and Iron Fasteners ($475k), exporting mostly to Singapore ($6.95M), Switzerland ($5.4M), France ($2.62M), Poland ($1.6M), and Belgium ($1.55M).

Imports: The top imports of Sao Tome and Principe are Refined Petroleum ($31.6M), Cars ($6.05M), Rice ($5.42M), Flavored Water ($3.89M), and Postage Stamps ($3.68M), importing mostly from Portugal ($67.6M), Angola ($27M), China ($12.4M), Nigeria ($6.36M), and Netherlands ($5.93M).

Location: Sao Tome and Principe borders Benin, Cameroon, Chad, and Niger by land and Equatorial Guinea, Gabon, and Nigeria by sea.

Yearly Exports

#permalink to section
Value
Depth

Top Export (2019): Gas Turbines, $9.53M

Top Destination (2019): Singapore, $6.95M

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.

The most recent exports are led by Gas Turbines ($9.53M), Cocoa Beans ($5.64M), Aircraft Parts ($1.97M), Iron Springs ($501k), and Iron Fasteners ($475k). The most common destination for the exports of Sao Tome and Principe are Singapore ($6.95M), Switzerland ($5.4M), France ($2.62M), Poland ($1.6M), and Belgium ($1.55M).

Explore Visualizations

Yearly Imports

#permalink to section
Value
Depth

Top Import (2019): Refined Petroleum, $31.6M

Top Origin (2019): Portugal, $67.6M

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.

The most recent imports of Sao Tome and Principe are led by Refined Petroleum ($31.6M), Cars ($6.05M), Rice ($5.42M), Flavored Water ($3.89M), and Postage Stamps ($3.68M). The most common import partners for Sao Tome and Principe are Portugal ($67.6M), Angola ($27M), China ($12.4M), Nigeria ($6.36M), and Netherlands ($5.93M).

Explore Visualizations

Flow

Fastest Growing Export Markets (2018 - 2019)

Fastest Growing Import Markets (2018 - 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).

Economic Complexity

#permalink to section

Most Specialized Products by RCA Index

#permalink to section

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.

Most Complex Products by PCI

#permalink to section

The highest complexity exports of Sao Tome and Principe according to the product complexity index (PCI) are Machines nes having individual functions (2.05), Measuring or checking instruments nes (1.93), Equipment using X-rays, alpha, beta, gamma rays (1.84), Machine-tools for non-mechanical removal of material (1.81), and Screws, bolts, nuts, rivets, washers, etc, iron, steel (1.81). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

#permalink to section

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.

Diversification Frontier

#permalink to section
Filter
Depth

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.