Sao Tome and Principe (STP) and South Korea (KOR) Trade | The Observatory of Economic Complexity

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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 Other Measuring Instruments ($3.77k), Washing and Bottling Machines ($1.17k), and Ball Bearings ($467). Over the past 5 years the exports of Sao Tome and Principe to South Korea have decreased at an annualized rate of 11.2%, from $9.97k 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 $479k to Sao Tome and Principe. The main products that South Korea exported to Sao Tome and Principe were Cars ($257k), Other Plastic Products ($88.3k), and Electrical Ignitions ($66.4k). Over the past 5 years the exports of South Korea to Sao Tome and Principe have decreased at an annualized rate of 13.1%, from $967k in 2017 to $479k in 2022.

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

Comparison In 2022, Sao Tome and Principe ranked 207 in total exports ($29.8M), and does not have data regarding Economic Complexity Index. That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Sao Tome and Principe exported $5.51k to South Korea. The main products exported from Sao Tome and Principe to South Korea were Other Measuring Instruments ($3.77k), Washing and Bottling Machines ($1.17k), and Ball Bearings ($467). During the last 5 years the exports of Sao Tome and Principe to South Korea have decreased at an annualized rate of 11.2%, from $9.97k in 2017 to $5.51k in 2022.

In 2017, South Korea exported $479k to Sao Tome and Principe. The main products exported from South Korea to Sao Tome and Principe were Cars ($257k), Other Plastic Products ($88.3k), and Electrical Ignitions ($66.4k). During the last 5 years the exports of South Korea to Sao Tome and Principe have decreased at an annualized rate of 13.1%, from $967k in 2022 to $479k in 2017.

Exports from Sao Tome and Principe () to South Korea () (2022)

Exports from South Korea () to Sao Tome and Principe () (2022)

Latest Data

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

South Korea Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sao Tome and Principe
Top DestinationNetherlands$7.77M

South Korea
Top DestinationChina$150B

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 2022, no countries were registered that imported more from Sao Tome and Principe than from South Korea.

In 2022, countries that imported more from South Korea than Sao Tome and Principe included China ($150B), United States ($112B), and Vietnam ($60.7B).

Difference in imports from South Korea () and Sao Tome and Principe () (2022)

Comparative Advantage Sao Tome and Principe - South Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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 Instruments ($3.77k) and Machines ($1.73k).

During 2017, South Korea had a large net trade with Sao Tome and Principe in the exports of Transportation ($272k), Machines ($89.4k), and Plastics and Rubbers ($88.3k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Sao Tome and Principe () to South Korea () (2022)

Exports from South Korea () to Sao Tome and Principe () (2022)

Latest Data

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

South Korea Exports

Market Competitiveness

Difference in imports from South Korea () and Sao Tome and Principe () (2022)

Comparative Advantage Sao Tome and Principe - South Korea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Sao Tome and Principe () and South Korea () (2022)

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