Austria-Sao Tome and Principe Bilateral Trade Analysis 2023
Complete trade statistics: $188,992 total volume •Austria deficit: $188,992
Austria → Sao Tome and Principe
$0
Exports (2023)
Sao Tome and Principe → Austria
$188,992
Imports (2023)
Trade Balance
$188,992
Deficit for Austria
Total Trade
$188,992
Combined Volume
Trade Flow Visualization
Direct trade relationship between Austria and Sao Tome and Principe. Green line shows exports from Austria, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Austria-Sao Tome and Principe commercial relationship and competitive positioning in global markets.
Austria → Sao Tome and Principe Exports
Export Market Intelligence
🎯 Strategic Export Focus
Austria's export portfolio to Sao Tome and Principe demonstrates strategic specialization, with medical, surgical instruments and appliances: ultrasonic scanning apparatus representing a key competitive advantage in this bilateral market.
Sao Tome and Principe → Austria Imports
Import Dependency Profile
📦 Import Strategy Analysis
Austria's import pattern from Sao Tome and Principe reveals significant dependencyin vegetable oils: palm oil and its fractions, crude, not chemically modified, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Austria demonstrates competitive strength in exportingmedical, surgical instruments and appliances: ultrasonic scanning apparatus to Sao Tome and Principe, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $188,992 trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Austria-Sao Tome and Principe Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $188.99 thousandrepresenting a significant bilateral economic relationship
- Trade Balance: Austria maintains a deficit of $188.99 thousand
- Export Focus: Austria's primary exports include medical, surgical instruments and appliances: ultrasonic scanning apparatus, t-shirts, singlets and other vests: of textile materials (other than cotton), knitted or crocheted, electrical machines and apparatus: having individual functions, not specified or included elsewhere in this chapter, n.e.c. in heading no. 8543
- Import Dependencies: Key imports from Sao Tome and Principe include vegetable oils: palm oil and its fractions, crude, not chemically modified, aluminium: alloys, bars, rods and profiles, other than hollow, food preparations: bakers' wares n.e.c. in heading no. 1605, whether or not containing cocoa: communion wafers, empty cachets suitable for pharmaceutical use, sealing wafers, rice papers and similar products
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $188,992 represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Austria leveraging its comparative advantages in medical, surgical instruments and appliances: ultrasonic scanning apparatus.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Austria's specialization in medical, surgical instruments and appliances: ultrasonic scanning apparatuscomplements Sao Tome and Principe's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in vegetable oils: palm oil and its fractions, crude, not chemically modified.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $188,992 bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $188,992 bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $188.99 thousand bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in medical, surgical instruments and appliances: ultrasonic scanning apparatus and vegetable oils: palm oil and its fractions, crude, not chemically modified demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Austria's trade deficit of $188.99 thousand impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Austria and Sao Tome and Principe represents a total trade volume of $188.99 thousand in 2023. This partnership demonstrates an unfavorable trade balance for Austria, with imports exceeding exportsby $188.99 thousand.
Export Strengths
Austria's exports to Sao Tome and Principe total $0.00, with competitive advantages in medical, surgical instruments and appliances: ultrasonic scanning apparatus, representing $1,910 orInfinity% of bilateral exports.
Import Dependencies
Imports from Sao Tome and Principe amount to $188.99 thousand, highlighting economic interdependence in vegetable oils: palm oil and its fractions, crude, not chemically modified, with Vegetable oils: palm oil and its fractions, crude, not chemically modified comprising87.7% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Austria's strategic sourcing from Sao Tome and Principe. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Austria and Sao Tome and Principe in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023