2023
Exports
$886World Rnk 204 / 214
Flag Rnk 171 / 263
2023
PRODUCT COMPLEXITY IN Refined Petroleum
-0.94Rnk 813 / 1025
2023
Imports
$138MWorld Rnk 165 / 226
Flag Rnk 1 / 898

About

Exports In 2023, Timor-Leste exported $886 in Refined Petroleum, making it the 204th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 171st most exported product in Timor-Leste. The main destination of Refined Petroleum exports from Timor-Leste are: Singapore ($745) and Brunei ($141).

The fastest growing export markets for Refined Petroleum of Timor-Leste between 2022 and 2023 were Brunei ($141).

Imports In 2023, Timor-Leste imported $138M in Refined Petroleum, becoming the 165th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Timor-Leste. Timor-Leste imports Refined Petroleum primarily from: Singapore ($55.9M), Chinese Taipei ($44.7M), Malaysia ($27.9M), Indonesia ($3.99M), and Australia ($2.8M).

The fastest growing import markets in Refined Petroleum for Timor-Leste between 2022 and 2023 were Thailand ($949k), Australia ($771k), and China ($18k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Refined Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$886
IMPORTS (2023)$138M
NET TRADE (2023)-$138M

In 2023, Timor-Leste exported $886 in Refined Petroleum. The main destinations of Timor-Leste exports on Refined Petroleum were Singapore ($745) and Brunei ($141).

In 2023, Timor-Leste imported $138M in Refined Petroleum, mainly from Singapore ($55.9M), Chinese Taipei ($44.7M), Malaysia ($27.9M), Indonesia ($3.99M), and Australia ($2.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Timor-Leste WERE (2022 - 2023):Brunei$141 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Timor-Leste WERE (2022 - 2023):
Chinese Taipei-$1.39M (-100%)
Australia-$471k (-100%)
Singapore-$30.4k (-97.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Timor-Leste's main exporting competitors in Refined Petroleum were:
In 2023, Timor-Leste's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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