Country intelligence · STP · 2024

Sao Tome and Principe trade profile

In 2024, Sao Tome and Principe recorded $40.6M in merchandise exports and $187.1M in imports, producing a $146.6M trade deficit. Exports changed -24.3% from the previous year, while imports changed -4.6%.[1]

Exports

$40.6M

-24.3%

Imports

$187.1M

-4.6%

Trade balance

-$146.6M

deficit

Active partners

270

0 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$40.6M$187.1M-$146.6M-24.3%
2023$53.6M$196.2M-$142.7M+130.8%
2022$23.2M$195.7M-$172.5M-14.4%
2021$27.1M$154.1M-$127.0M+9.7%
2020$24.7M$130.0M-$105.3M+7.5%
2019$23.0M$155.7M-$132.7M+47.0%
2018$15.6M$139.1M-$123.4M+16.7%
2017$13.4M$136.6M-$123.2M-34.6%
2016$20.5M$140.3M-$119.8M+53.5%
2015$13.4M$140.3M-$126.9M-17.5%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 18 · HS chapter

10 active HS6 lines · 19 export partners

$16.7M
2

HS 27 · Mineral fuels and oils

21 active HS6 lines · 6 export partners

$6.0M
3

HS 15 · HS chapter

28 active HS6 lines · 6 export partners

$4.6M
4

HS 89 · HS chapter

14 active HS6 lines · 2 export partners

$4.1M
5

HS 87 · Vehicles

69 active HS6 lines · 22 export partners

$2.6M
6

HS 84 · Machinery

338 active HS6 lines · 35 export partners

$1.9M
7

HS 85 · Electrical machinery

227 active HS6 lines · 42 export partners

$1.6M
8

HS 03 · HS chapter

56 active HS6 lines · 1 export partners

$505.9K

Leading export markets

Destinations rank bilateral export flows from Sao Tome and Principe; growth describes each corridor rather than the whole economy.

1

Pakistan

Annual change -67.8% · 3-year CAGR 480.6%

$9.3M
2

Netherlands

Annual change +15.4% · 3-year CAGR 6.6%

$5.7M
3

France

Annual change +148.0% · 3-year CAGR 28.4%

$5.6M
4

Poland

Annual change +260.2% · 3-year CAGR 26.1%

$5.4M
5

Germany

Annual change -23.6% · 3-year CAGR 107.3%

$4.3M
6

Indonesia

Annual change +27262.3% · 3-year CAGR 299.1%

$1.8M
7

Switzerland

Annual change +92.0% · 3-year CAGR -8.6%

$1.4M
8

Belgium

Annual change +10.4% · 3-year CAGR -10.6%

$951.6K

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.