Sao Tome and Principe recorded a trade deficit of 20.14 USD Million in February of 2023. source: Central Bank of Sao Tome and Principe

Balance of Trade in Sao Tome and Principe averaged -13.97 USD Million from 1999 until 2023, reaching an all time high of -1.55 USD Million in June of 1999 and a record low of -40.65 USD Million in September 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 June of 2023.

Balance of Trade in Sao Tome and Principe is expected to be -13.80 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sao Tome and Principe Balance of Trade is projected to trend around -13.90 USD Million in 2024 and -15.70 USD Million in 2025, according to our econometric models.

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Sao Tome and Principe Balance of Trade



Calendar GMT Actual Previous Consensus TEForecast
2021-10-04 11:00 AM Aug $-12.1M $-9.2M
2021-10-04 11:00 AM Jul $-9.2M $-14.3M $-8.6M


Related Last Previous Unit Reference
Balance of Trade -20.14 -10.70 USD Million Feb 2023
Current Account -84.15 -105.77 USD Million Dec 2022
Imports 20.47 12.03 USD Million Feb 2023
Exports 0.30 1.33 USD Million Feb 2023
Current Account to GDP -11.30 -12.40 percent of GDP Dec 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
-20.14 -10.70 -1.55 -40.65 1999 - 2023 USD Million Monthly