According to resources, the total export to São Tomé & Príncipe from India reached an estimated revenue of more than $2 Million by the year 2022.
Trade agreements have also been signed between both countries in order to support exports.
Value in $Million | 2020-2021 | 2021-2022(Apr-Dec) |
India Export to São Tomé & Príncipe | 2 | 2 |
India Import from São Tomé & Príncipe | 0.8 | 0 |
Total Trade | 2.8M | 2M |
Cereals, Plastic and Pharmaceutical are the major exported products from India to São Tomé & Príncipe at the present moment.
The E-commerce market in São Tomé & Príncipe rising with a good growth rate and the main reason behind this development is the Internet penetration rate in São Tomé & Príncipe which has reached more than 32% by 2022.
So, it’s a good scope for Indian exporters and sellers to grab the São Tomé & Príncipe market whether through offline channels or online selling platforms & marketplaces in São Tomé & Príncipe.