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

About

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 5 years the exports of Nigeria to Sao Tome and Principe have increased at an annualized rate of 9.33%, from $448k in 2018 to $700k in 2023.

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

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 5 years the exports of Sao Tome and Principe to Nigeria have increased at an annualized rate of 1.64%,  from $34.4k in 2018 to $41.7k in 2023.

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

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 2018 to $700k in 2023.

In 2018, 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 5 years the exports of Sao Tome and Principe to Nigeria have increased at an annualized rate of 1.64%, from $34.4k in 2023 to $41.7k in 2018.

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

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

Latest Data

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

Sao Tome and Principe Exports

Market Competitiveness

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

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

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).

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

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

Comparative Advantage Nigeria - Sao Tome and Principe

Flow
Scale

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

During 2023, Nigeria had a large net trade with Sao Tome and Principe in the exports of Transportation ($190k), Footwear and Headwear ($158k), and Machines ($101k).

During 2018, 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).

Economic Complexity

Competitive Landscape

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

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

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