São Toméan international trade relies mostly on the export of cocoa that gives up to 86 percent of the earnings. According to The CIA World Factbook, it also exports copra, coffee, and palm oil to the Netherlands (51 percent), Portugal (6 percent), and Germany (6 percent). Exports totaled US$4.9 million in 1999.
The country depends heavily on food imports, mainly from Portugal. It also imports machinery, electrical equipment, and petroleum products. The main import partners are Portugal (26 percent), France (18 percent), Angola, Belgium, and Japan. Angola is the main source of petroleum products. Imports in 1999 totaled US$19.5 million.
|Trade (expressed in billions of US$): São Tomé & Príncipe|
|SOURCE: International Monetary Fund. International Financial Statistics Yearbook 1999.|
|Exchange rates: São Tomé and Príncipe|
|dobras (Db) per US$1|
|SOURCE: CIA World Factbook 2001 [ONLINE].|