2022
Flag  
GDP
$467BCURRENT US$
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2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
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2022
Flag
 GDP
$3.16BCURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP GROWTH
173%CURRENT US$
Rnk 5 / 186
2022
Flag
GDP PC 
$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
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2022
Flag
GDP PC
$2,358CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
131%CURRENT US$
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About

Singapore-Timor-Leste Trade: In 2022, Singapore exported $98.7M to Timor-Leste. The main products that Singapore exported to Timor-Leste were Refined Petroleum ($64.1M), Cars ($7.23M), and Delivery Trucks ($3.19M). Over the past 5 years the exports of Singapore to Timor-Leste have increased at an annualized rate of 3%, from $85.1M in 2017 to $98.7M in 2022.

In 2022, Singapore did not export any services to Timor-Leste.

Timor-Leste-Singapore Trade: In 2022, Timor-Leste exported $16.4M to Singapore. The main products that Timor-Leste exported to Singapore were Crude Petroleum ($14.5M), Scrap Iron ($933k), and Hard Liquor ($366k). Over the past 5 years the exports of Timor-Leste to Singapore have decreased at an annualized rate of 14.4%,  from $66.3M in 2017 to $16.4M in 2022.

In 2022, Timor-Leste did not export any services to Singapore.

Comparison In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68),  and 21 in total exports ($379B). That same year, Timor-Leste ranked 170 in total exports ($513M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Singapore exported $98.7M to Timor-Leste. The main products exported from Singapore to Timor-Leste were Refined Petroleum ($64.1M), Cars ($7.23M), and Delivery Trucks ($3.19M). During the last 5 years the exports of Singapore to Timor-Leste have increased at an annualized rate of 3%, from $85.1M in 2017 to $98.7M in 2022.

In 2017, Timor-Leste exported $16.4M to Singapore. The main products exported from Timor-Leste to Singapore were Crude Petroleum ($14.5M), Scrap Iron ($933k), and Hard Liquor ($366k). During the last 5 years the exports of Timor-Leste to Singapore have decreased at an annualized rate of 14.4%, from $66.3M in 2022 to $16.4M in 2017.

Exports from Singapore (Flag) to Timor-Leste (Flag) (2022)

Exports from Timor-Leste (Flag) to Singapore (Flag) (2022)

Latest Data

Trade between Singapore (Flag) and Timor-Leste (Flag)

Singapore Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$51.6B
Timor-Leste
Top Destination
China$131M

This map shows whether countries import more from Singapore or Timor-Leste. Each country is colored based on the difference in imports they receive from Singapore and Timor-Leste or the difference in the growth in imports.

In 2022, countries that imported more from Singapore than Timor-Leste included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2022, no countries were registered that imported more from Timor-Leste than from Singapore.

Difference in imports from Timor-Leste (Flag) and Singapore (Flag) (2022)

Comparative Advantage Singapore - Timor-Leste

Flow
Scale

This chart compares trade between Singapore and Timor-Leste by product, considering products traded by both, Singapore and Timor-Leste.

During 2022, Singapore had a large net trade with Timor-Leste in the exports of Mineral Products ($64.8M), Transportation ($10.8M), and Machines ($6.51M).

During 2017, Timor-Leste had a large net trade with Singapore in the exports of Mineral Products ($14.5M), Metals ($1.11M), and Foodstuffs ($369k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Singapore and Timor-Leste. This means that a dot/product with the flag of Singapore indicates it has a comparative advantage over Timor-Leste. Similarly, a dot/product with the flag of Timor-Leste indicates it has a comparative advantage over Singapore.

Product Space of Singapore (Flag) and Timor-Leste (Flag) (2022)

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