2023
Flag  
GDP
$679MCURRENT US$
Rnk 188 / 195
2013-2023
Flag
GDP GROWTH
154%CURRENT US$
Rnk 5 / 195
2023
Flag
 GDP
$1.71TCURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP GROWTH
25%CURRENT US$
Rnk 127 / 195
2023
Flag
GDP PC 
$2,941CURRENT US$
Rnk 143 / 195
2013-2023
Flag
GDP PC GROWTH
113%CURRENT US$
Rnk 5 / 195
2023
Flag
GDP PC
$33,121CURRENT US$
Rnk 41 / 196
2013-2023
Flag
GDP PC GROWTH
21.9%CURRENT US$
Rnk 99 / 195

About

Sao Tome and Principe-South Korea Trade: In 2022, Sao Tome and Principe exported $5.51k to South Korea. The main products that Sao Tome and Principe exported to South Korea were N/A. Over the past 5 years the exports of Sao Tome and Principe to South Korea have decreased at an annualized rate of 11.5%, from $10.1k in 2017 to $5.51k in 2022.

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

South Korea-Sao Tome and Principe Trade: In 2022, South Korea exported $441k to Sao Tome and Principe. The main products that South Korea exported to Sao Tome and Principe were Cars ($264k), Electric Motor Parts ($97.1k), and Air Conditioners ($39.3k). Over the past 5 years the exports of South Korea to Sao Tome and Principe have decreased at an annualized rate of 23.6%,  from $1.7M in 2017 to $441k in 2022.

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

Comparison In 2023,  Sao Tome and Principe ranked 202 in total exports ($57.1M), and does not have data regarding Economic Complexity Index. That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.85), and 5 in total exports ($645B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sao Tome and Principe exported $5.51k to South Korea. There were not main exports from Sao Tome and Principe to South Korea in 2022. During the last 5 years the exports of Sao Tome and Principe to South Korea have decreased at an annualized rate of 11.5%, from $10.1k in 2017 to $5.51k in 2022.

In 2018, South Korea exported $441k to Sao Tome and Principe. The main products exported from South Korea to Sao Tome and Principe were Cars ($264k), Electric Motor Parts ($97.1k), and Air Conditioners ($39.3k). During the last 5 years the exports of South Korea to Sao Tome and Principe have decreased at an annualized rate of 23.6%, from $1.7M in 2023 to $441k in 2018.

Exports from Sao Tome and Principe (Flag) to South Korea (Flag) (2023)

Exports from South Korea (Flag) to Sao Tome and Principe (Flag) (2023)

Latest Data

Trade between Sao Tome and Principe (Flag) and South Korea (Flag)

South Korea Exports

Market Competitiveness

Color
Sao Tome and Principe
Top Destination
Pakistan$30.8M
South Korea
Top Destination
China$162B

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

In 2023, countries that imported more from Sao Tome and Principe than South Korea included Cameroon ($311k) and Equatorial Guinea ($46.1k).

In 2023, countries that imported more from South Korea than Sao Tome and Principe included China ($162B), United States ($118B), and Hong Kong ($28.8B).

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

Comparative Advantage Sao Tome and Principe - South Korea

Flow
Scale

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

During 2022, Sao Tome and Principe had a large net trade with South Korea in the exports of .

During 2018, South Korea had a large net trade with Sao Tome and Principe in the exports of Transportation ($269k), Machines ($163k), and Textiles ($4.36k).

Economic Complexity

Competitive Landscape

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

Product Space of Sao Tome and Principe (Flag) and South Korea (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with