Portugal (PRT) and Timor-Leste (TLS) Trade | The Observatory of Economic Complexity

About

Portugal-Timor-Leste Trade: In 2023, Portugal exported $4.3M to Timor-Leste. The main products that Portugal exported to Timor-Leste were Wine ($654k), Hard Liquor ($500k), and Brochures ($377k). Over the past 5 years the exports of Portugal to Timor-Leste have decreased at an annualized rate of 9.62%, from $7.13M in 2018 to $4.3M in 2023.

In 2023, Portugal did not export any services to Timor-Leste.

Timor-Leste-Portugal Trade: In 2023, Timor-Leste exported $1.65M to Portugal. The main products that Timor-Leste exported to Portugal were Coffee ($1.63M), Maps ($4.89k), and Used Clothing ($3.24k). Over the past 5 years the exports of Timor-Leste to Portugal have increased at an annualized rate of 1.66%, from $1.52M in 2018 to $1.65M in 2023.

In 2023, Timor-Leste did not export any services to Portugal.

Comparison In 2023, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B). That same year, Timor-Leste ranked 191 in total exports ($163M), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Portugal exported €188k and imported €141k from Timor-Leste, resulting in a positive trade balance of €47.3k. Between November 2023 and November 2024 the exports of Portugal have decreased by €-173k (-48%) from €361k to €188k, while imports decreased by €-96.1k (-40.6%) from €237k to €141k.

Trade In November 2024, the top exports of Portugal to Timor-Leste were Preparations of fish, crustacenas, & molluscs (€123k), Animal or vegetable fats, oils, &... (€39.3k), Edible products of animal origin, n.e.s. (€36.1k), Beverages, spirits, & vinegar (€32.4k), and Electrical machinery and electronics (€23.3k). In November 2024 the top imports of Portugal from Timor-Leste were Live animals (€0), Meat & edible offal (€0), Fish, Crustaceans & Molluscs (€0), Edible products of animal origin, n.e.s. (€0), and Animal originated products, n.e.s. (€0).

Growth In November 2024, the decrease in Portugal's year-by-year exports to Timor-Leste was explained primarily by an decrease in product exports in Meat & edible offal (€-50.6k or -94.7%), Fish, Crustaceans & Molluscs (€-21.1k or -100%), and Preparations of vegetables, fruit, nuts or... (€-18.9k or -69.3%). In November 2024, the decrease in Portugal's year-by-year imports from Timor-Leste was explained primarily by an decrease in product imports in Coffee, tea, mate & spices (€-136k or -100%) and Footwear (€-2.5k or -100%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)€-173k(-48%)

IMPORT GROWTH (November 2023 - November 2024)€-96.1k(-40.6%)

This section shows exports and imports data at subnational level for Portugal. Click any date in the line plot or any product to explore the exports or imports behavior of Portugal over time.

To check Timor-Leste and Portugal trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Portugal exported $4.3M to Timor-Leste. The main products exported from Portugal to Timor-Leste were Wine ($654k), Hard Liquor ($500k), and Brochures ($377k). During the last 5 years the exports of Portugal to Timor-Leste have decreased at an annualized rate of 9.62%, from $7.13M in 2018 to $4.3M in 2023.

In 2018, Timor-Leste exported $1.65M to Portugal. The main products exported from Timor-Leste to Portugal were Coffee ($1.63M), Maps ($4.89k), and Used Clothing ($3.24k). During the last 5 years the exports of Timor-Leste to Portugal have increased at an annualized rate of 1.66%, from $1.52M in 2023 to $1.65M in 2018.

Exports from Portugal () to Timor-Leste () (2023)

Exports from Timor-Leste () to Portugal () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Portugal
Top DestinationSpain$17.7B

Timor-Leste
Top DestinationChina$74.7M

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

In 2023, countries that imported more from Portugal than Timor-Leste included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

In 2023, countries that imported more from Timor-Leste than Portugal included Fiji ($156k).

Difference in imports from Timor-Leste () and Portugal () (2023)

Comparative Advantage Portugal - Timor-Leste

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Portugal had a large net trade with Timor-Leste in the exports of Foodstuffs ($2.27M), Machines ($540k), and Paper Goods ($443k).

During 2018, Timor-Leste had a large net trade with Portugal in the exports of Vegetable Products ($1.63M), Textiles ($6.39k), and Paper Goods ($4.89k).

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Portugal and Timor-Leste. This means that a dot/product with the flag of Portugal 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 Portugal.

About

Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Portugal () to Timor-Leste () (2023)

Exports from Timor-Leste () to Portugal () (2023)

Market Competitiveness

Difference in imports from Timor-Leste () and Portugal () (2023)

Comparative Advantage Portugal - Timor-Leste

Economic Complexity

Competitive Landscape

Product Space of Portugal () and Timor-Leste () (2023)

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