2022
Flag  
GDP
$477BCURRENT US$
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2012-2022
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GDP GROWTH
2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
 GDP
$547MCURRENT US$
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2012-2022
Flag
GDP GROWTH
118%CURRENT US$
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2022
Flag
GDP PC 
$2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH
-19.9%CURRENT US$
Rnk 173 / 186
2022
Flag
GDP PC
$2,404CURRENT US$
Rnk 139 / 186
2012-2022
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GDP PC GROWTH
82.2%CURRENT US$
Rnk 15 / 186

About

Nigeria-Sao Tome and Principe In 2022, Nigeria exported $305k to Sao Tome and Principe. The main products that Nigeria exported to Sao Tome and Principe are Fake Hair ($53k), Bi-Wheel Vehicle Parts ($24.9k), and Motor vehicles; parts and accessories (8701 to 8705) ($13.7k). During the last 23 years the exports of Nigeria to Sao Tome and Principe have increased at an annualized rate of 26.4%, from $1.4k in 1999 to $305k in 2022.

In 2022, Nigeria did not export any services to Sao Tome and Principe.

Sao Tome and Principe-Nigeria In 2022, Sao Tome and Principe exported $478 to Nigeria. The main products that Sao Tome and Principe exported to Nigeria were N/A. During the last 23 years the exports of Sao Tome and Principe to Nigeria have decreased at an annualized rate of 14.6%, from $17.8k in 1999 to $478 in 2022.

In 2022, Sao Tome and Principe did not export any services to Nigeria.

Comparison In 2022,  Nigeria ranked 119 in the Economic Complexity Index (ECI -1.67),  and 51 in total exports ($70.7B). That same year, Sao Tome and Principe ranked 207 in total exports ($29.8M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nigeria exported $305k to Sao Tome and Principe. The main products exported from Nigeria to Sao Tome and Principe were Fake Hair ($53k), Bi-Wheel Vehicle Parts ($24.9k), and Motor vehicles; parts and accessories (8701 to 8705) ($13.7k). During the last 23 years the exports of Nigeria to Sao Tome and Principe have increased at an annualized rate of 26.4%, from $1.4k in 1999 to $305k in 2022.

In 2021, Sao Tome and Principe exported $478 to Nigeria. There were not main exports from Sao Tome and Principe to Nigeria in 2021. During the last 24 years the exports of Sao Tome and Principe to Nigeria have decreased at an annualized rate of 14.6%, from $17.8k in 1997 to $478 in 2021.

Exports from Nigeria (Flag) to Sao Tome and Principe (Flag) (2022)

Exports from Sao Tome and Principe (Flag) to Nigeria (Flag) (2022)

Latest Data

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

Sao Tome and Principe Exports

Market Competitiveness

Color
Nigeria
Top Destination
Spain$9.41B
Sao Tome and Principe
Top Destination
Netherlands$7.77M

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 2021, countries that imported more from Nigeria than Sao Tome and Principe were Spain ($9.41B), India ($8.2B), and France ($4.95B).

In 2021, countries that imported more from Sao Tome and Principe than Nigeria were Fiji ($4.05k) and Montserrat ($3.8k).

Difference in imports from Sao Tome and Principe (Flag) and Nigeria (Flag) (2022)

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 2022, Nigeria had a large net trade with Sao Tome and Principe in the exports of Footwear and Headwear ($68.4k), Transportation ($49.6k), and Textiles ($37.4k).

During 2021, Sao Tome and Principe had a large net trade with Nigeria in the exports of .

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Nigeria has comparative advantage over Sao Tome and Principe. Similarly, the more yellow a dot/product is, the more Sao Tome and Principe has comparative advantage over Nigeria.

Product Space of Nigeria (Flag) and Sao Tome and Principe (Flag) (2022)

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