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

About

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 2018 to $40.3M in 2023.

In 2018, 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 2023 to $86M in 2018.

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

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

Latest Data

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

Singapore Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Timor-Leste - Singapore

Flow
Scale

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

During 2023, 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).

During 2018, Singapore had a large net trade with Timor-Leste in the exports of Mineral Products ($56.2M), Machines ($9.15M), and Transportation ($4.03M).

Economic Complexity

Competitive Landscape

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

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

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