Belgium-Timor-Leste Trade: In 2022, Belgium exported $5.16M to Timor-Leste. The main products that Belgium exported to Timor-Leste were Beer ($2.48M), Malt ($717k), and Malt Extract ($636k). Over the past 5 years the exports of Belgium to Timor-Leste have decreased at an annualized rate of 14.3%, from $11.1M in 2017 to $5.16M in 2022.
In 2022, Belgium did not export any services to Timor-Leste.
Timor-Leste-Belgium Trade: In 2022, Timor-Leste exported $751k to Belgium. The main products that Timor-Leste exported to Belgium were Coffee ($582k), Iron Housewares ($61.2k), and Other Furniture ($22.8k). Over the past 5 years the exports of Timor-Leste to Belgium have increased at an annualized rate of 8.32%, from $397k in 2017 to $751k in 2022.
In 2022, Timor-Leste did not export any services to Belgium.
Comparison In 2022, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B). That same year, Timor-Leste ranked 170 in total exports ($513M), and does not have data regarding Economic Complexity Index.