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Sao Tome and Principe

Sao Tome and Principe ranked No. 217 in total trade value through August with a total of $3.04 million. Exports totaled $1.76 million and Imports totaled $1.28 million, a surplus of $472,007.

U.S. trade with Sao Tome and Principe rose to $3.04 million through August

Sao Tome and Principe’s trade with the United States rose to $3.04 million through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 109.44 percent above its total trade during the same time period last year. U.S. exports to Sao Tome and Principe increased 54.45 percent while U.S. imports from Sao Tome and Principe rose 308.08 percent. The U.S. surplus with Sao Tome and Principe was $472,007.

Through August, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Palm Beach, Fla.; No. 2 Port of Virginia; No. 3 Port of San Juan, Puerto Rico; No. 4 San Juan International Airport, P.R.; and No. 5 Houston’s George Bush Intercontinental Airport, Texas. During the same period the previous year, the top five were No. 1 Port of Palm Beach, Fla. No. 2 Port of Jacksonville, Fla. No. 3 Port of Baltimore, Md. No. 4 Port of New Orleans and No. 5 Port of Long Beach. In the current time period, the top five accounted for 72.67 percent of Sao Tome and Principe’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Palm Beach, Fla. rose 122.26 percent to $892,517.
    Exports rose 122.26 percent to $892,517. There were no imports.
  • Trade with No. 2 Port of Virginia rose 1847.37 percent to $493,035.
    Exports totaled $70,442. Imports rose 1569.14 percent to $422,593.
  • Trade with No. 3 Port of San Juan, Puerto Rico totaled $301,063.
    Exports totaled $301,063. There were no imports.
  • Trade with No. 4 San Juan International Airport, P.R. rose 336.65 percent to $292,752.
    There were no exports. Imports rose 336.65 percent to $292,752.
  • Trade with No. 5 Houston’s George Bush Intercontinental Airport, Texas totaled $231,227.
    There were no exports. Imports totaled $231,227.

Sao Tome and Principe ranked No. 217 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 220.

Meanwhile, total U.S. trade with the world increased to $2.77 trillion, down 0.32 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $1.1 trillion; imports dropped 0.07 percent to $1.67 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $575.47 billion, up compared to the same period of last year when the deficit was $568.8 billion.

The top five U.S. exports to Sao Tome and Principe by value through August were the categories of Perfumes; Sweetened waters; Furniture, parts; Chicken and other poultry; and Yeasts, baking powder, respectively. They accounted for 72.94 percent of total exports to Sao Tome and Principe.

The value of the top five categories of U.S. imports from Sao Tome and Principe –– U.S. government imports; Miscellaneous machines, parts; Miscellaneous machine parts; Electrical resistors, except heating resistors; and Value added to a returned import –– accounted for 79.03 percent of all inbound shipments.

Looking more closely at U.S. exports to Sao Tome and Principe:

  • Perfumes rose 69.48 percent compared to last year to $674,242.
  • Sweetened waters rose 6172.5 percent compared to last year to $336,708.
  • Furniture, parts rose 637.57 percent compared to last year to $122,710.
  • Chicken and other poultry fell 1.68 percent compared to last year to $76,850.
  • Yeasts, baking powder totaled $71,000. The previous year, there were no exports in this category.

Looking more closely at U.S. imports from Sao Tome and Principe:

  • U.S. government imports totaled $478,869. The previous year, there were no imports in this category.
  • Miscellaneous machines, parts totaled $231,227. The previous year, there were no imports in this category.
  • Miscellaneous machine parts rose 393.9 percent compared to last year to $208,398.
  • Electrical resistors, except heating resistors rose 465.84 percent compared to last year to $49,568.
  • Value added to a returned import rose 94.77 percent compared to last year to $47,467.

In the latest annual figures available, Sao Tome and Principe recorded $4.05 million in trade with the United States. At year’s end, its were Los Angeles; Miami; New York City; San Juan; and U.S. Virgin Islands. Total U.S. exports to Sao Tome and Principe were $ 3.14 million and imports from Sao Tome and Principe were $909,851. The U.S. surplus with Sao Tome and Principe was $2.23 million.