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Exports In 2022, Timor-Leste exported $259M in Crude Petroleum, making it the 62nd 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 ($124M), South Korea ($67.7M), Thailand ($33.6M), Malaysia ($18.7M), and Singapore ($14.5M).

The fastest growing export markets for Crude Petroleum of Timor-Leste between 2021 and 2022 were South Korea ($25.5M), China ($19.2M), and Thailand ($4.37M).

Imports In 2022, Timor-Leste imported $500 in Crude Petroleum, becoming the 149th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 925th most imported product in Timor-Leste. Timor-Leste imports Crude Petroleum primarily from: Indonesia ($500).

The fastest growing import markets in Crude Petroleum for Timor-Leste between N/A and 2022 were Indonesia ($500).

Historical Data

Trade Balance

Color
EXPORTS (2022)$259M
IMPORTS (2022)$500
NET TRADE (2022)$259M

In 2022, Timor-Leste exported $259M in Crude Petroleum. The main destinations of Timor-Leste exports on Crude Petroleum were China ($124M), South Korea ($67.7M), Thailand ($33.6M), Malaysia ($18.7M), and Singapore ($14.5M).

In 2022, Timor-Leste imported $500 in Crude Petroleum, mainly from Indonesia ($500).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Timor-Leste WERE (2021 - 2022):
South Korea$25.5M (60.3%)
China$19.2M (18.3%)
Thailand$4.37M (15%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Timor-Leste WERE (2021 - 2022):
Singapore-$88.9M (-86%)
Malaysia-$3.07M (-14.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Timor-Leste's main exporting competitors in Crude Petroleum were:
In 2022, Timor-Leste's main importing competitors in Crude Petroleum were:

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

Crude Petroleum’s highest export potential is N/A. With an export gap of N/A.   Crude Petroleum’s highest import potential is N/A with an import gap of N/A.

See methodology.

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