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2023
Flag → Flag
Exports $86MRnk 89 / 217
2023
Flag → Flag
Top Product $55.9MRefined Petroleum
2023
Flag → Flag
Exports $40.3MRnk 2 / 70
2023
Flag → Flag
Top Product $38.7MCrude Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.62Rnk 6 / 132
2023
Flag  
GDP$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH63%CURRENT US$
Rnk 47 / 195
2023
Flag
 GDP$2.08BCURRENT US$
Rnk 176 / 195
2013-2023
Flag
GDP GROWTH49%CURRENT US$
Rnk 76 / 195
2023
Flag
GDP PC $84,734CURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP PC GROWTH48.7%CURRENT US$
Rnk 50 / 195
2023
Flag
GDP PC$1,503CURRENT US$
Rnk 167 / 196
2013-2023
Flag
GDP PC GROWTH24.7%CURRENT US$
Rnk 88 / 195

About

Singapore-Timor-Leste Trade: In 2023, Singapore exported $86M to Timor-Leste. The main products that Singapore exported to Timor-Leste were Refined Petroleum ($55.9M), Engine Parts ($3.7M), and Delivery Trucks ($2.06M). Over the past 5 years the exports of Singapore to Timor-Leste have increased at an annualized rate of 0.41%, from $84.3M in 2018 to $86M in 2023.

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

Timor-Leste-Singapore Trade: In 2023, Timor-Leste exported $40.3M to Singapore. The main products that Timor-Leste exported to Singapore were Crude Petroleum ($38.7M), Scrap Iron ($739k), and Other Pure Vegetable Oils ($238k). Over the past 5 years the exports of Timor-Leste to Singapore have decreased at an annualized rate of 2.14%,  from $44.9M in 2018 to $40.3M in 2023.

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

Comparison In 2023,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.62),  and 24 in total exports ($333B). That same year, Timor-Leste ranked 191 in total exports ($163M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Singapore exported $86M to Timor-Leste. The main products exported from Singapore to Timor-Leste were Refined Petroleum ($55.9M), Engine Parts ($3.7M), and Delivery Trucks ($2.06M). During the last 5 years the exports of Singapore to Timor-Leste have increased at an annualized rate of 0.41%, from $84.3M in 2018 to $86M in 2023.

In 2018, Timor-Leste exported $40.3M to Singapore. The main products exported from Timor-Leste to Singapore were Crude Petroleum ($38.7M), Scrap Iron ($739k), and Other Pure Vegetable Oils ($238k). During the last 5 years the exports of Timor-Leste to Singapore have decreased at an annualized rate of 2.14%, from $44.9M in 2023 to $40.3M in 2018.

Exports from Singapore (Flag) to Timor-Leste (Flag) (2023)

Exports from Timor-Leste (Flag) to Singapore (Flag) (2023)

Latest Data

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

Singapore Exports

Market Competitiveness

Color
Singapore
Top DestinationHong Kong$44.5B
Timor-Leste
Top DestinationChina$74.7M

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 2023, countries that imported more from Singapore than Timor-Leste included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

In 2023, no countries were registered that imported more from Timor-Leste than from Singapore.

Difference in imports from Timor-Leste (Flag) and Singapore (Flag) (2023)

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 2023, Singapore had a large net trade with Timor-Leste in the exports of Mineral Products ($56.2M), Machines ($9.15M), and Transportation ($4.03M).

During 2018, Timor-Leste had a large net trade with Singapore in the exports of Mineral Products ($38.7M), Metals ($960k), and Animal and Vegetable Bi-Products ($251k).

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) (2023)

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