Flag Sao Tome and Principe

Overview In 2020 Sao Tome and Principe was the number 208 economy in the world in terms of total exports and the number 209 in total imports.

Exports The top exports of Sao Tome and Principe are Gas Turbines ($8.77M), Cocoa Beans ($3.85M), Aircraft Parts ($3.52M), Palm Oil ($3.11M), and Iron Fasteners ($557k), exporting mostly to Singapore ($7.13M), Switzerland ($6.05M), Netherlands ($1.62M), France ($1.54M), and Poland ($1.54M).

Imports The top imports of Sao Tome and Principe are Fishing Ships ($5.19M), Rice ($4.92M), Wine ($3.89M), Poultry Meat ($3.04M), and Wheat Flours ($2.83M), importing mostly from Portugal ($57.5M), China ($20.3M), Netherlands ($4.13M), Brazil ($3.08M), and France ($3.05M).

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

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The following section uses the most recent trade data from partners of Sao Tome and Principe.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Data is presented based on data availability. Only countries using the Harmonic System (HS) are selected. Every source is shown using their own latest twelve months of data.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

Historical Data

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Top Export (2020): Gas Turbines, $8.77M

Top Destination (2020): Singapore, $57.5M

In 2020, Sao Tome and Principe exported a total of $23.8M, making it the number 208 exporter in the world. During the last five reported years the exports of Sao Tome and Principe have changed by $6.78M from $17.1M in 2015 to $23.8M in 2020.

The most recent exports are led by Gas Turbines ($8.77M), Cocoa Beans ($3.85M), Aircraft Parts ($3.52M), Palm Oil ($3.11M), and Iron Fasteners ($557k). The most common destination for the exports of Sao Tome and Principe are Singapore ($7.13M), Switzerland ($6.05M), Netherlands ($1.62M), France ($1.54M), and Poland ($1.54M).

Explore Visualizations

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Fastest Growing Export Markets (2019 - 2020)

Fastest Growing Import Markets (2019 - 2020)

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

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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 (317), Palm Oil (64), Gas Turbines (48.5), Other Nickel Products (38.7), and Aircraft Parts (37.6). Specialization is measured using RCA, an index that takes the ratio between Sao Tome and Principe observed and expected exports in each product.

Export Opportunities by Relatedness

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The top export opportunities for Sao Tome and Principe according to the relatedness index, are Collector's Items (0.054), Scrap Copper (0.052), Non-fillet Frozen Fish (0.051), Precious Metal Scraps (0.05), and Surveying Equipment (0.05). 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.