Sao Tome and Principe

In 2014, the value of merchandise exports of Sao Tome and Principe increased substantially by 51.3 percent to reach 10.5 mln US$, while its merchandise imports increased substantially by 11.6 percent to reach 169.7 mln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a large deficit of 159.2 mln US$ (see graph 1). The largest merchandise trade balance was with MDG Developed Europe at -103.7 mln US$ (see graph 4). Merchandise exports in Sao Tome and Principe were moderately concentrated amongst partners; imports were highly concentrated. The top 5 partners accounted for 80 percent or more of exports and 2 partners accounted for 80 percent or more of imports (see graph 5). In 2012, the value of exports of services of Sao Tome and Principe decreased slightly by 4.4 percent, reaching 17.6 mln US$, while its imports of services decreased substantially by 19.5 percent and reached 25.3 mln US$ (see graph 2). There was a moderate trade in services deficit of 7.7 mln US$.

Related Subject(s): International Trade and Finance

Countries: Sao Tome and Principe