Sao Tome and Principe Import Data: Key Insights of the Traded Products
- Dec 04, 2024
Sao Tome and Principe Import Data: Key Insights of the Traded Products
The small island country in the Gulf of Guinea Sao Tome and Principe is a leading trade destination that relies heavily on foreign imported products for its growing domestic necessities. Despite the thriving economy and an abundance of mineral essentials production in the land area of the nation the country still used to depend on foreign sources because of the divergent consumer growth targets. Ranging from agricultural goods to textiles, machinery, and other electrical equipment the competitive pricing strategies of the nation not only attract the top foreign traders but also stabilizes the growing export trade market.
The import trade value of Sao Tome and Principe has acknowledged severe changes in the foreign trade investors due to the lack of domestic production capabilities which has led to a total import trade value of 259 million US dollars in 2023 which is expected to reach severe heights in the upcoming years with the diversification of the growing economy.
What Are the Top 10 Imported Products of Sao Tome and Principe in 2023?
As per the analysis of the Sao Tome and Principe Import Data, the increasing consumer rate has introduced the below-mentioned goods as the leading imports of the nation in 2023,
1. Refined Petroleum - Import trade value - 50 million US dollars.
2. Packaged Medicaments - Import trade value - 45 million US dollars.
3. Cars - Import trade value - 40 million US dollars.
4. Rice - Import trade value - 32 million US dollars.
5. Wheat - Import trade value - 28 million US dollars.
6. Delivery Trucks - Import trade value - 20 million US dollars.
7. Woven Fabrics - Import trade value - 18 million US dollars.
8. Beer - Import trade value - 13 million US dollars.
9. Packaged Frozen Bovine Meat - Import trade value - 10 million US dollars.
10. Poultry Meat - Import trade value - 8 million US dollars.
Top 10 Import Trade Partners of Sao Tome and Principe in 2023
As per the Sao Tome and Principe Trade Data, the leading import trade partners of the nation in 2023 are,
1. Portugal - As per the Portugal Export Data, the valuation of Sao Tome and Principe Import in 2023 - 48 million US dollars.
Variants of Imported goods
• Crude oil
• Solar panels
• Generators
• Pharmaceuticals
• Beverages
2. China - As per the China Export Data, the valuation of Sao Tome and Principe Import in 2023 - 35 million US dollars.
Variants of Imported goods
• Commercial trucks
• Motorcycle
• Medications
• Palm oil
• Ceramic products
3. Spain - As per the Spain Export Data, the valuation of Sao Tome and Principe Import in 2023 - 28 million US dollars.
Variants of Imported goods
• Iron ore
• Mineral fuels
• Textiles
• Plastic articles
• Machinery
4. Netherlands - As per the Netherlands Export Data, the valuation of Sao Tome and Principe Import in 2023 - 24 million US dollars.
Variants of Imported goods
• Electrical equipments
• Automotive goods
• Beverages
• Textiles
• Plastic articles
5. Belgium - As per the Belgium Export Data, the valuation of Sao Tome and Principe Import in 2023 - 20 million US dollars.
Variants of Imported goods
• Lubricating oils
• Kerosene
• Gasoline
• Automotive goods
• Iron and steel articles
6. France - As per the France Export Data, the valuation of Sao Tome and Principe Import in 2023 - 18 million US dollars.
Variants of Imported goods
• Commercial trucks
• Cereals
• Soybean oil
• Mineral fuels
• Textiles
7. United Kingdom - As per the United Kingdom Export Data, the valuation of Sao Tome and Principe Import in 2023 - 14 million US dollars.
Variants of Imported Goods
• Crochet fabrics
• Metallic ores
• Automotive goods
• Pharmaceuticals
• Staple food products
8. Germany - As per the Germany Export Data, the valuation of Sao Tome and Principe Import in 2023 - 12 million US dollars.
Variants of Imported goods
• Optical instruments
• Medicaments
• Iron and steel
• Plastic
• Copper
9. United States - As per the USA Export Data, the valuation of Sao Tome and Principe Import in 2023 - 8 million US dollars.
Variants of Imported Goods
• Lubricating oils
• Mineral fuels
• Electrical equipments
• Vehicles
• Textiles
10. Brazil - As per the Brazil Export Data, the valuation of Sao Tome and Principe Import in 2023 - 7 million US dollars.
Variants of Imported goods
• Automotive goods
• Beverages
• Staple food products
• Machinery
• Essential oils
FAQ'S
Que. What is the top import of Sao Tome and Principe in 2023?
Ans. Refined petroleum is the top import of Sao Tome and Principe in 2023.
Que. Who is the top import trade partner of Sao Tome and Principe in 2023?
Ans. Portugal is the top import trade partner of Sao Tome and Principe in 2023.
Que. What is the import trade value of Sao Tome and Principe in 2023?
Ans. The import trade value of Sao Tome and Principe in 2023 is 259 million US dollars.
Que. Where can you get the detailed trade analysis of the Sao Tome and Principe Import in 2023?
Ans. By subscribing to Import Globals, you can get a detailed trade analysis of Sao Tome and Principe imports in 2023.
