Sao Tome and Principe recorded a trade deficit of 30.40 USD Million in the second quarter of 2019. Balance of Trade in Sao Tome and Principe averaged -20.62 USD Million from 1999 until 2019, 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.

Balance of Trade in Sao Tome and Principe is expected to be -31.70 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 -33.10 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 2020, according to our econometric models.

Sao Tome and Principe Balance of Trade
Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-19 09:40 AM Balance of Trade Q3 $-30.2M $-31.3M $ -30.6M
2019-02-07 04:25 PM Balance of Trade Q4 $-30.2M $-30.7M $-28M
2019-05-30 09:10 AM Balance of Trade Q1 $-32.7M $-27.9M $-31.5M
2019-08-13 09:30 AM Balance of Trade Q2 $-30.4M $-32.7M $-31.3M
2019-11-19 09:40 AM Balance of Trade Q3 $-30.4M $-31.7M

Sao Tome and Principe Trade Last Previous Highest Lowest Unit
Balance of Trade -30.40 -32.70 -1.55 -40.65 USD Million [+]
Current Account -62.67 -78.60 8.70 -103.94 USD Million [+]
Current Account to GDP -24.70 -31.70 -14.10 -43.00 percent [+]
Imports 32.92 34.35 42.28 3.23 USD Million [+]
Exports 2.56 1.62 6.43 0.10 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category

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. 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 - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-30.40 -32.70 -1.55 -40.65 1999 - 2019 USD Million Quarterly

Country Last Previous
Argentina 951.00 Jul/19
Australia 8036.00 Jun/19
Brazil 2290.00 Jul/19
Canada 135.80 Jun/19
China 446.13 Jul/19
Euro Area 20611.70 Jun/19
France -5187.00 Jun/19
Germany 16821.00 Jun/19
India -13430.00 Jul/19
Indonesia -60.00 Jul/19
Italy 5728.50 Jun/19
Japan -249.59 Jul/19
Mexico 2561.00 Jun/19
Netherlands 5158.00 Jun/19
Russia 12508.00 Jun/19
Saudi Arabia 131636.00 Mar/19
Singapore 2831.10 Jul/19
South Africa 4419.50 Jun/19
South Korea 2441.00 Jul/19
Spain -1532700.00 Jun/19
Switzerland 2671.16 Jul/19
Turkey -3177.27 Jun/19
United Kingdom 1779.00 Jun/19
United States -55154.00 Jun/19