2023
Flag  
GDP
$2.08BCURRENT US$
Rnk 176 / 195
2013-2023
Flag
GDP GROWTH
49%CURRENT US$
Rnk 76 / 195
2023
Flag
 GDP
$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH
18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
GDP PC 
$1,503CURRENT US$
Rnk 167 / 195
2013-2023
Flag
GDP PC GROWTH
24.7%CURRENT US$
Rnk 88 / 195
2023
Flag
GDP PC
$33,509CURRENT US$
Rnk 40 / 196
2013-2023
Flag
GDP PC GROWTH
14.7%CURRENT US$
Rnk 119 / 195

About

Timor-Leste-Spain Trade: In 2023, Timor-Leste exported $186k to Spain. The main products that Timor-Leste exported to Spain were Cassava ($128k), Other Inedible Animal Products ($31.1k), and Gas Turbines ($11.1k). Over the past 5 years the exports of Timor-Leste to Spain have increased at an annualized rate of 80.5%, from $9.72k in 2018 to $186k in 2023.

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

Spain-Timor-Leste Trade: In 2023, Spain exported $141k to Timor-Leste. The main products that Spain exported to Timor-Leste were Photocopiers ($113k), Other Furniture ($21.6k), and Sports Equipment ($5.31k). Over the past 5 years the exports of Spain to Timor-Leste have decreased at an annualized rate of 3.27%,  from $224k in 2018 to $141k in 2023.

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

Comparison In 2023,  Timor-Leste ranked 191 in total exports ($163M), and does not have data regarding Economic Complexity Index. That same year, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Timor-Leste exported $186k to Spain. The main products exported from Timor-Leste to Spain were Cassava ($128k), Other Inedible Animal Products ($31.1k), and Gas Turbines ($11.1k). During the last 5 years the exports of Timor-Leste to Spain have increased at an annualized rate of 80.5%, from $9.72k in 2018 to $186k in 2023.

In 2018, Spain exported $141k to Timor-Leste. The main products exported from Spain to Timor-Leste were Photocopiers ($113k), Other Furniture ($21.6k), and Sports Equipment ($5.31k). During the last 5 years the exports of Spain to Timor-Leste have decreased at an annualized rate of 3.27%, from $224k in 2023 to $141k in 2018.

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

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

Latest Data

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

Spain Exports

Market Competitiveness

Color
Timor-Leste
Top Destination
China$74.7M
Spain
Top Destination
France$61.9B

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

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

In 2023, countries that imported more from Spain than Timor-Leste included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

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

Comparative Advantage Timor-Leste - Spain

Flow
Scale

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

During 2023, Timor-Leste had a large net trade with Spain in the exports of Vegetable Products ($133k), Animal Products ($31.1k), and Machines ($12k).

During 2018, Spain had a large net trade with Timor-Leste in the exports of Instruments ($113k), Miscellaneous ($26.9k), and Textiles ($498).

Economic Complexity

Competitive Landscape

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

Product Space of Timor-Leste (Flag) and Spain (Flag) (2023)

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