In 2020, Timor-Leste exported a total of $97.8M, making it the number 191 exporter in the world. During the last five reported years the exports of Timor-Leste have changed by -$212M from $310M in 2015 to $97.8M in 2020.
In 2018, Timor-Leste exported $97.3M worth of services. The top services exported by Timor-Leste in 2018 were Personal travel ($62.4M), Other government services ($15.7M), Business travel ($15.2M), Other transport ($2.18M), and Telecommunications services ($1.17M).
The top services imported by Timor-Leste in 2018 were Construction in the compiling economy ($126M), Personal travel ($110M), Other government services ($103M), Sea transport ($51.1M), and Freight insurance ($17.6M).
The top export opportunities for Timor-Leste according to the relatedness index, are Cocoa Beans (0.043), Palm Oil (0.043), Gold (0.039), Coconut Oil (0.039), and Insect Resins (0.039). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Timor-Leste is not specialized in.
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.
This network shows the products most related to the production structure of Timor Leste. These are products that tend to be co-exported with the products that Timor Leste exports. Higher relatedness values indicate greater knowledge, which predicts a greater probability of exporting that product in the future.
The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities.
Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.