Sao Tome and Principe recorded a trade deficit of 22.50 USD Million in the second quarter of 2020. source: Central Bank of Sao Tome and Principe

Balance of Trade in Sao Tome and Principe averaged -20.91 USD Million from 1999 until 2020, reaching an all time high of -1.55 USD Million in the second quarter of 1999 and a record low of -40.65 USD Million in the third quarter of 2014. This page provides - Sao Tome and Principe Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Sao Tome and Principe Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020.

Balance of Trade in Sao Tome and Principe is expected to be -29.60 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Sao Tome and Principe to stand at -31.20 in 12 months time. In the long-term, the Sao Tome and Principe Balance of Trade is projected to trend around -32.33 USD Million in 2021 and -32.30 USD Million in 2022, according to our econometric models.

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Sao Tome and Principe Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-22.50 -31.10 -1.55 -40.65 1999 - 2020 USD Million Quarterly


Calendar GMT Actual Previous Consensus TEForecast
2019-11-19 09:40 AM Q3 $-26.4M $-30.4M $-31.7M
2020-01-30 10:00 AM Q4 $-27.2M $-26.4M $-29.6M
2020-05-29 09:00 AM Q1 $-31.1M $-27.2M $-35.3M
2020-09-28 10:00 AM Q2 $-22.5M $-31.1M $ -27.6M
2020-11-19 09:40 AM Q3 $-22.5M $ -29.6M


Sao Tome and Principe Balance of Trade
Sao Tome and Principe runs systemic trade deficits due its dependency on imports of food (22 percent of total imports), capital equipment (21 percent) and fuel (15 percent). The main export is cocoa (79 percent of total exports). Others include: pepper, coconut and chocolate. Main trading partner is Portugal (53.6 of total imports and 5.7 percent of total exports), followed by France, Spain and Netherlands.