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Saturday, 21 November 2009   |   Last Updated: 24 August 2009

 

Sao Tome and Principe

Sao Tome and Principe

U.S.-Sao Tome and Principe Trade Facts

Sao Tome and Principe is currently the United States' 217th largest goods trading partner with $3 million in total (two way) goods trade during 2008.

Sao Tome and Principe is eligible for trade benefits under the African Growth and Opportunity Act (AGOA).  In 2008 U.S. imports from Sao Tome and Principe under AGOA and the Generalized System of Preferences were valued at $20,000 and included cocoa and cocoa preparations.

Exports

U.S. goods exports to Sao Tome and Principe totaled $3 million in 2008.  Exports mainly consisted of vehicles, printed items, toys, and machinery.

Imports

U.S. goods imports from Sao Tome and Principe totaled $148 thousand in 2008.  Imports mainly consisted of cocoa and cocoa preparations, machinery, and measuring instruments.

Trade Capacity Building (TCB) Assistance:

In 2008, Sao Tome and Principe received over $3.7 million in TCB assistance from the United States.  The funding was administered by the Millennium Challenge Corporation (MCC) and focused on improving customs and trade facilitation.  The funding was part of the MCC's two-year, $8.66 million threshold program with Sao Tome and Principe.

Investment

The amount of U.S. foreign direct investment (FDI) in Sao Tome and Principe was unknown for 2007 (latest data available).