2022
Flag  
GDP
$3.16BCURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP GROWTH
173%CURRENT US$
Rnk 5 / 186
2022
Flag
 GDP
$16.7BCURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP GROWTH
-12.4%CURRENT US$
Rnk 176 / 186
2022
Flag
GDP PC 
$2,358CURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP PC GROWTH
131%CURRENT US$
Rnk 3 / 186
2022
Flag
GDP PC
$37,152CURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP PC GROWTH
-20.7%CURRENT US$
Rnk 174 / 186

About

Timor-Leste-Brunei Trade: In 2022, Timor-Leste exported $20.7k to Brunei. The main products that Timor-Leste exported to Brunei were Iron Housewares ($6.19k), Video Displays ($3.71k), and Non-Knit Men's Shirts ($3.09k). Over the past 5 years the exports of Timor-Leste to Brunei have decreased at an annualized rate of 22.4%, from $73.7k in 2017 to $20.7k in 2022.

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

Brunei-Timor-Leste Trade: In 2022, Brunei exported $36.5k to Timor-Leste. The main products that Brunei exported to Timor-Leste were Cars ($15.6k), Iron Housewares ($3.48k), and Other Furniture ($3.01k). Over the past 5 years the exports of Brunei to Timor-Leste have decreased at an annualized rate of 24.2%,  from $146k in 2017 to $36.5k in 2022.

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

Comparison In 2022,  Timor-Leste ranked 170 in total exports ($513M). That same year, Brunei ranked 90 in total exports ($14B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Timor-Leste exported $20.7k to Brunei. The main products exported from Timor-Leste to Brunei were Iron Housewares ($6.19k), Video Displays ($3.71k), and Non-Knit Men's Shirts ($3.09k). During the last 5 years the exports of Timor-Leste to Brunei have decreased at an annualized rate of 22.4%, from $73.7k in 2017 to $20.7k in 2022.

In 2017, Brunei exported $36.5k to Timor-Leste. The main products exported from Brunei to Timor-Leste were Cars ($15.6k), Iron Housewares ($3.48k), and Other Furniture ($3.01k). During the last 5 years the exports of Brunei to Timor-Leste have decreased at an annualized rate of 24.2%, from $146k in 2022 to $36.5k in 2017.

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

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

Market Competitiveness

Color
Timor-Leste
Top Destination
China$131M
Brunei
Top Destination
Australia$2.66B

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

In 2022, countries that imported more from Timor-Leste than Brunei included Canada ($14.1M), Portugal ($1.09M), and Peru ($632k).

In 2022, countries that imported more from Brunei than Timor-Leste included Australia ($2.66B), Japan ($2.32B), and China ($2.19B).

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

Comparative Advantage Timor-Leste - Brunei

Flow
Scale

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

During 2022, Timor-Leste had a large net trade with Brunei in the exports of Metals ($6.72k), Machines ($5.3k), and Textiles ($3.4k).

During 2017, Brunei had a large net trade with Timor-Leste in the exports of Transportation ($15.6k), Textiles ($8.27k), and Metals ($3.69k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with