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

About

Portugal-Timor-Leste Trade: In 2022, Portugal exported $5.37M to Timor-Leste. The main products that Portugal exported to Timor-Leste were Wine ($571k), Hard Liquor ($400k), and Sausages ($353k). Over the past 5 years the exports of Portugal to Timor-Leste have decreased at an annualized rate of 10%, from $9.11M in 2017 to $5.37M in 2022.

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

Timor-Leste-Portugal Trade: In 2022, Timor-Leste exported $1.09M to Portugal. The main products that Timor-Leste exported to Portugal were Coffee ($1.02M), Used Clothing ($42.9k), and Woodworking machines ($6.44k). Over the past 5 years the exports of Timor-Leste to Portugal have decreased at an annualized rate of 6.31%, from $1.51M in 2017 to $1.09M in 2022.

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

Comparison In 2022, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B). That same year, Timor-Leste ranked 170 in total exports ($513M), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, Portugal exported €542k and imported €58.2k from Timor-Leste, resulting in a positive trade balance of €484k. Between August 2023 and August 2024 the exports of Portugal have increased by €119k (28.3%) from €422k to €542k, while imports decreased by €-124k (-68.1%) from €183k to €58.2k.

Trade In August 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 August 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 August 2024, the increase in Portugal's year-by-year exports to Timor-Leste was explained primarily by an increase in product exports in Preparations of fish, crustacenas, & molluscs (€62.6k or 103%), Animal or vegetable fats, oils, &... (€27.1k or 221%), and Electrical machinery and electronics (€19.2k or 464%). In August 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 (August 2023 - August 2024)€119k(28.3%)

IMPORT GROWTH (August 2023 - August 2024)€-124k(-68.1%)

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 2022, Portugal exported $5.37M to Timor-Leste. The main products exported from Portugal to Timor-Leste were Wine ($571k), Hard Liquor ($400k), and Sausages ($353k). During the last 5 years the exports of Portugal to Timor-Leste have decreased at an annualized rate of 10%, from $9.11M in 2017 to $5.37M in 2022.

In 2017, Timor-Leste exported $1.09M to Portugal. The main products exported from Timor-Leste to Portugal were Coffee ($1.02M), Used Clothing ($42.9k), and Woodworking machines ($6.44k). During the last 5 years the exports of Timor-Leste to Portugal have decreased at an annualized rate of 6.31%, from $1.51M in 2022 to $1.09M in 2017.

Exports from Portugal () to Timor-Leste () (2022)

Exports from Timor-Leste () to Portugal () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Portugal
Top DestinationSpain$20.5B

Timor-Leste
Top DestinationChina$131M

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 2022, countries that imported more from Portugal than Timor-Leste included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2022, countries that imported more from Timor-Leste than Portugal included Indonesia ($104M).

Difference in imports from Timor-Leste () and Portugal () (2022)

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 2022, Portugal had a large net trade with Timor-Leste in the exports of Foodstuffs ($2.03M), Machines ($1.16M), and Animal Products ($476k).

During 2017, Timor-Leste had a large net trade with Portugal in the exports of Vegetable Products ($1.02M), Textiles ($43k), and Machines ($10.8k).

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 () (2022)

Exports from Timor-Leste () to Portugal () (2022)

Market Competitiveness

Difference in imports from Timor-Leste () and Portugal () (2022)

Comparative Advantage Portugal - Timor-Leste

Economic Complexity

Competitive Landscape

Product Space of Portugal () and Timor-Leste () (2022)

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