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.