Flag Sao Tome and Principe

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.

Historical Data

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Yearly Exports

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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).

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Yearly Imports

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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).

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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).

Tariffs by Product

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The top product import tariffs by their MFN Ad Valorem value for Sao Tome and Principe are Acrylic & vinyl polymer based paint, varnish, in wate (20%) and Acrylic or vinyl polymer paint or varnish, non-aqueou (20%).

Click any of the products in the bar chart to see the specific Ad Valorem Duty Rates by partner country.

*The tariffs applied to imports for Sao Tome and Principe are:
136: Most Favoured Nation duty rate treatement

Economic Complexity

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Most Specialized Products by RCA Index

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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

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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

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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 a country currently specializes in.

Relatedness Space

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This network shows the products most related to the production structure of Sao Tome And Principe. These are products that tend to be co-exported with the products that Sao Tome And Principe exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

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The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is 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 greenhouse emissions.