Sao Tome and Principe's trade data reveals a small but dynamic economy. In 2022, the country was ranked as the 207th exporter in the world, with total exports amounting to $29.8 million, a significant increase from $17.4 million in 2017. The top exports include cocoa beans, palm oil, and gas turbines, primarily to the Netherlands, France, and Belgium. Imports were dominated by refined petroleum and special purpose ships, mainly from Portugal and Angola. This trade activity underscores the country's engagement in international commerce despite its size.
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In 2022, São Tomé and Príncipe’s major trading partners for exports were:
Netherlands: $7.77 million
France: $3.3 million
Belgium: $3.19 million
Portugal: $2.28 million
Angola: $1.83 million
For imports, the main partners were:
Portugal: $77.9 million
Angola: $41 million
Togo: $29.4 million
China: $13.1 million
Italy: $11.2 million
In 2022, São Tomé and Príncipe’s top trade industries based on export value were:
Cocoa Beans: $13.2 million
Palm Oil: $7.15 million
Gas Turbines: $2.23 million
Integrated Circuits: $838,000
Coconut Oil: $726,000
Fish Processing
Light Construction
Textiles
Soap
Beer