Crude Petroleum in 
Timor-Leste
2021 Exports | Imports : $210M | $37, World Rnk 66 / 147 Rnk 1 / 270 | World Rnk 0 / 0 Rnk 0 / 0
2021 PRODUCT COMPLEXITY IN Crude Petroleum: -2.36, Rnk 1013 / 1024
Exports In 2021, Timor-Leste exported $210M in Crude Petroleum, making it the 66th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1st most exported product in Timor-Leste. The main destination of Crude Petroleum exports from Timor-Leste are: China ($97.3M), Singapore ($90.5M), and Malaysia ($21.8M).
The fastest growing export markets for Crude Petroleum of Timor-Leste between 2020 and 2021 were China ($97.3M), Singapore ($51.6M), and Malaysia ($21.8M).
Imports In 2017, Timor-Leste imported $37 in Crude Petroleum, becoming the 0th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 0th most imported product in Timor-Leste. Timor-Leste imports Crude Petroleum primarily from: N/A.
Latest Trends
#permalink to sectionJun 2023
Subnational Monthly Trade
#permalink to sectionFor a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
The following visualization shows the latest trends on Crude Petroleum. Countries are shown based on data availability.
* Using January 2020 exchange rates when trade data is reported in local currency.
Historical Data
#permalink to sectionTrade Balance
#permalink to sectionEXPORTS (2021): $210M
IMPORTS (2017): $37
NET TRADE (2021): $210M
In 2021, Timor-Leste exported $210M in Crude Petroleum. The main destinations of Timor-Leste exports on Crude Petroleum were China ($97.3M), Singapore ($90.5M), and Malaysia ($21.8M).
Market Growth
#permalink to sectionTHE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Timor-Leste WERE (2020 - 2021):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Timor-Leste WERE (2020 - 2021):: South Korea, -$24.1M (-100%)
Market Concentration
#permalink to sectionIn 2021, Timor-Leste's main exporting competitors in Crude Petroleum were:
- Saudi Arabia , $138B
- Russia , $113B
- Canada , $81.2B
In 2021, Timor-Leste's main importing competitors in Crude Petroleum were:
- China , $208B
- United States , $120B
- India , $93.5B
