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Statistical data (Sao Tome and Principe)

Statistical data (Sao Tome and Principe)

Main Economic Indicator of recent three years

Indicator 2021 2022 2023
Population (million) 0.22 0.23 0.23
GDP (US$ billion) 0.53 0.55 0.66
Real GDP Growth Rate (%) 1.9 0.1 -0.3
Total Export of Goods (US$ million) 21 22 20
Total Import of Goods (US$ million) 166 196 186
Total Export of Services (US$ million) 54* 65*
Total Import of Services (US$ million) 49* 49*
Inflation measured by the Consumer Price Index (Annual Inflation rate%) 8.1 18.0 21.2
Current Account Balance (US$ billion) -0.064 -0.072 -0.084

Source: “*” Data from World Trade Organization (WTO) and the other from International Monetary Fund (IMF)

Main export and import goods destinations

Main export destinations (2021) Proportion in total value of exports goods (%)
The Netherlands 41.4
Belgium 19.6
Portugal 12.0
Germany 8.3
Others 18.7
Main source of import (2021) Proportion in total value of imports goods (%)
Portugal 49.3
Angola 12.0
Togo 9.4
China 7.2
Others 22.1

Source: International Monetary Fund (IMF)

Main export and import goods

Major export goods (2021) Proportion in total value of exports goods (%)
Cocoa and cocoa products 60.5
Animal or vegetable fats and oil and their cleavage products; prepared edible fats; animal or vegetable waxes 32.9
Aircraft, spacecraft, and parts 2.4
Others 4.2
Major import goods (2021) Proportion in total value of imports goods (%)
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 19.6
Drinks, wine and vinegar 8.0
Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 6.7
Vehicles other than railway or tramway rolling-stock and parts 6.1
Others 59.6

Source: International Trade Center (ITC)

Statistics on Trade in Services

Main Exports Services (2021) Proportion in total value of exports services (%)
Tourism 54.4
Government goods and services n.i.e. 33.3
Telecommunications, computer and information services 3.5
Other 8.8
Main Imports Services (2021) Proportion in total value of imports services (%)
Transport 44.0
Other business service 18.0
Government goods and services n.i.e. 6.0
Other 32.0

Remarks:The above content is the estimated data of UNCTAD, WTO and ITC.

Source: International Trade Centre

Statistics on the Trade of Goods between Mainland China and São Tomé and Príncipe of recent three years (US$ thousands)

Year

Total Trade

Total Exports Value

Total Imports Value

2023

11,634

11,565

69

2022

15,438

15,288

150

2021

15,077

14,945

133

Remarks: “ Exports” refers of goods exported to São Tomé and Príncipe from Mainland China; “ Imports” refers of goods imported from São Tomé and Príncipe to Mainland China 

Source of Data: General Administration of Customs of the People’s Republic of China  

Statistics on the Trade of Goods between the Macao SAR and São Tomé and Príncipe of recent three years (US$) (USD 1 ≈ MOP 8)

Year

Total Trade

Total Exports Value

Total Imports Value

2023

0

0

0

2022

740

0

740

2021

0

0

0

Remarks: “ Exports” refers of goods exported to São Tomé and Príncipe from Macao; “ Imports” refers of goods imported from São Tomé and Príncipe to Macao. 

Source of Data: Statistics and Census Service (DSEC), Macao SAR Government  

Source of Data:

  • People’s Republic of China Ministry of Foreign Affairs
  • General Administration of Customs of the People’s Republic of China
  • Embassy of the People’s Republic of China in the Democratic Republic of São Tomé and Príncipe
  • “2022 Statistical Bulletin of China’s Outward Foreign Direct Investment” by the Ministry of Commerce of the People’s Republic of China, National Bureau of Statistics and State Administration of Foreign Exchange
  • SinoMaps Press
  • Statistics and Census Service (DSEC), Macao SAR Government
  • International Monetary Fund (IMF)
  • World Trade Organization (WTO)
  • International Trade Center (ITC)
  • “2023 World Investment Report” by the United Nations Conference on Trade and Development (UNCTAD)

Updated in June 2024.