Sao Tome and Principe recorded a trade deficit of 7.23 USD Million in May of 2021. source: Central Bank of Sao Tome and Principe

Balance of Trade in Sao Tome and Principe averaged -14.24 USD Million from 1999 until 2021, 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 September of 2021.

Balance of Trade in Sao Tome and Principe is expected to be -31.20 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 -32.30 USD Million in 2022, according to our econometric models.

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Sao Tome and Principe Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-7.23 -10.29 -1.55 -40.65 1999 - 2021 USD Million Monthly

Calendar GMT Actual Previous Consensus TEForecast
2021-05-10 11:00 AM Jan $-12.8M $-10.3M $-8.7M
2021-05-10 11:00 AM Feb $-11.5M $-12.8M $-9.6M
2021-07-29 11:00 AM Apr $-10.3M $-10.7M $-11.3M
2021-07-29 11:00 AM May $-7.2M $-10.3M $-12M
2021-09-27 11:00 AM Jul $-8.6M
2021-09-27 11:00 AM Jun $-7.2M $-7M
2021-10-29 10:00 AM Aug
2021-11-30 10:00 AM Sep $ -15M

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.