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Pricing

2022
Product
Exports | Imports $513M | $1.1B170 of 226 |  182 of 226
2022
Per Capita Product
Exports | Imports $382 | $821162 of 219 |  167 of 219

About

Overview In 2022 Timor-Leste was the number 170 economy in the world in terms of total exports and the number 182 in total imports.

Exports The top exports of Timor-Leste are Crude Petroleum ($259M), Coffee ($138M), Petroleum Gas ($72.4M), Beer ($12.2M), and Valves ($2.49M), exporting mostly to China ($131M), Indonesia ($104M), Japan ($74.2M), South Korea ($68.5M), and Thailand ($33.7M).

Imports The top imports of Timor-Leste are Refined Petroleum ($167M), Rice ($64.5M), Cars ($34.3M), Coal Briquettes ($33.6M), and Cranes ($30.2M), importing mostly from Indonesia ($298M), China ($256M), Singapore ($98.7M), Australia ($69.4M), and Malaysia ($62.9M).

Location Timor-Leste borders Indonesia by land and Australia by sea.

Latest Trends

Latest Trade

Flow
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Y-AXIS SCALE

The following section uses the most recent trade data from partners of Timor-Leste.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Latest Data

Flow
Color
Depth

The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2022)Crude Petroleum$259M
Top Destination (2022)China$131M

In 2022, Timor-Leste exported a total of $513M, making it the number 170 exporter in the world. During the last five reported years the exports of Timor-Leste have changed by $399M from $114M in 2017 to $513M in 2022.

The most recent exports are led by Crude Petroleum ($259M), Coffee ($138M), Petroleum Gas ($72.4M), Beer ($12.2M), and Valves ($2.49M). The most common destination for the exports of Timor-Leste are China ($131M), Indonesia ($104M), Japan ($74.2M), South Korea ($68.5M), and Thailand ($33.7M).

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Exports (2022)
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Destinations (2022)
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Market Growth

Flow
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Fastest Growing Export Markets (2021 - 2022)
Indonesia$101M (+ 3.3k%)
South Korea$26M (+ 61.1%)
China$23.4M (+ 21.9%)
Fastest Growing Import Markets (2021 - 2022)
Indonesia$57.1M (+ 23.7%)
Malaysia$40M (+ 175%)
China$34.1M (+ 15.4%)

Total Export Growth by Market (2021 - 2022)

Service Trade

Service Trade

Timor-Leste Exports Services (2018)$97.3M
Timor-Leste Imports Services (2018)$447M

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).

Service Exports (2018)

Service Imports (2018)

Economic Complexity

Most Specialized Products by RCA Index

Timor-Leste has a high level of specialization in Coffee (140), Beer (33), Vanilla (24.4), Cloves (13.9), and Other Articles of Twine and Rope (12). Specialization is measured using RCA, an index that takes the ratio between Timor-Leste observed and expected exports in each product.

Most Complex Products by PCI

The highest complexity exports of Timor-Leste according to the product complexity index (PCI) are Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats... (1.42), Derricks, cranes, including cable cranes, mobile lifting frames, straddle carriers and works... (1.22), Tools, hand; hand-operated spanners and wrenches (including torque meter wrenches but not... (1.15), Milking machines and dairy machinery (1.02), and Tools; for working in the hand, pneumatic, hydraulic or with self-contained electric... (0.98). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

The top export opportunities for Timor-Leste according to the relatedness index, were Cocoa Beans (0.055), Gold (0.054), Coconuts, Brazil Nuts, and Cashews (0.052), Coconut Oil (0.049), and Cocoa Shells (0.048). 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.

Product Space

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.

Relatedness Space

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.

Diversification Frontier

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Depth

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.

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