Sao Tome and Principe-Austria Bilateral Trade Analysis 2023
Complete trade statistics: $188,992 total volume •Sao Tome and Principe surplus: $188,992
Sao Tome and Principe → Austria
$188,992
Exports (2023)
Austria → Sao Tome and Principe
$0
Imports (2023)
Trade Balance
$188,992
Surplus for Sao Tome and Principe
Total Trade
$188,992
Combined Volume
Trade Flow Visualization
Direct trade relationship between Sao Tome and Principe and Austria. Green line shows exports from Sao Tome and Principe, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Sao Tome and Principe-Austria commercial relationship and competitive positioning in global markets.
Sao Tome and Principe → Austria Exports
Export Market Intelligence
🎯 Strategic Export Focus
Sao Tome and Principe's export portfolio to Austria demonstrates strategic specialization, with vegetable oils: palm oil and its fractions, crude, not chemically modified representing a key competitive advantage in this bilateral market.
Austria → Sao Tome and Principe Imports
Import Dependency Profile
📦 Import Strategy Analysis
Sao Tome and Principe's import pattern from Austria reveals significant dependencyin medical, surgical instruments and appliances: ultrasonic scanning apparatus, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Sao Tome and Principe demonstrates competitive strength in exportingvegetable oils: palm oil and its fractions, crude, not chemically modified to Austria, 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: Sao Tome and Principe-Austria Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $188.99 thousandrepresenting a significant bilateral economic relationship
- Trade Balance: Sao Tome and Principe maintains a surplus of $188.99 thousand
- Export Focus: Sao Tome and Principe's primary exports 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
- Import Dependencies: Key imports from Austria 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
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 Sao Tome and Principe leveraging its comparative advantages in vegetable oils: palm oil and its fractions, crude, not chemically modified.
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
Sao Tome and Principe's specialization in vegetable oils: palm oil and its fractions, crude, not chemically modifiedcomplements Austria's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in medical, surgical instruments and appliances: ultrasonic scanning apparatus.
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 vegetable oils: palm oil and its fractions, crude, not chemically modified and medical, surgical instruments and appliances: ultrasonic scanning apparatus demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Sao Tome and Principe's trade surplus of $188.99 thousand strengthens 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 Sao Tome and Principe and Austria represents a total trade volume of $188.99 thousand in 2023. This partnership demonstrates a favorable trade balance for Sao Tome and Principe, with exports exceeding importsby $188.99 thousand.
Export Strengths
Sao Tome and Principe's exports to Austria total $188.99 thousand, with competitive advantages in vegetable oils: palm oil and its fractions, crude, not chemically modified, representing $165,819 or87.7% of bilateral exports.
Import Dependencies
Imports from Austria amount to $0.00, highlighting economic interdependence in medical, surgical instruments and appliances: ultrasonic scanning apparatus, with Medical, surgical instruments and appliances: ultrasonic scanning apparatus comprisingInfinity% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Sao Tome and Principe's competitive position in this bilateral relationship. 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 Sao Tome and Principe and Austria in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023