2022
Flag  
GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
 GDP
$3.16BCURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP GROWTH
173%CURRENT US$
Rnk 5 / 186
2022
Flag
GDP PC 
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC
$2,358CURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP PC GROWTH
131%CURRENT US$
Rnk 3 / 186

About

United Kingdom-Timor-Leste Trade: In 2022, United Kingdom exported $3.8M to Timor-Leste. The main products that United Kingdom exported to Timor-Leste were Packaged Medicaments ($1.55M), Hard Liquor ($733k), and Used Clothing ($176k). Over the past 5 years the exports of United Kingdom to Timor-Leste have increased at an annualized rate of 24.2%, from $1.29M in 2017 to $3.8M in 2022.

In 2022, United Kingdom did not export any services to Timor-Leste.

Timor-Leste-United Kingdom Trade: In 2022, Timor-Leste exported $495k to United Kingdom. The main products that Timor-Leste exported to United Kingdom were Integrated Circuits ($117k), Dairy Machinery ($115k), and Ceramic Tableware ($84.4k). Over the past 5 years the exports of Timor-Leste to United Kingdom have decreased at an annualized rate of 17%,  from $1.26M in 2017 to $495k in 2022.

In 2022, Timor-Leste did not export any services to United Kingdom.

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42),  and 14 in total exports ($469B). That same year, Timor-Leste ranked 170 in total exports ($513M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $3.8M to Timor-Leste. The main products exported from United Kingdom to Timor-Leste were Packaged Medicaments ($1.55M), Hard Liquor ($733k), and Used Clothing ($176k). During the last 5 years the exports of United Kingdom to Timor-Leste have increased at an annualized rate of 24.2%, from $1.29M in 2017 to $3.8M in 2022.

In 2017, Timor-Leste exported $495k to United Kingdom. The main products exported from Timor-Leste to United Kingdom were Integrated Circuits ($117k), Dairy Machinery ($115k), and Ceramic Tableware ($84.4k). During the last 5 years the exports of Timor-Leste to United Kingdom have decreased at an annualized rate of 17%, from $1.26M in 2022 to $495k in 2017.

Exports from United Kingdom (Flag) to Timor-Leste (Flag) (2022)

Exports from Timor-Leste (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$61.8B
Timor-Leste
Top Destination
China$131M

This map shows whether countries import more from United Kingdom or Timor-Leste. Each country is colored based on the difference in imports they receive from United Kingdom and Timor-Leste or the difference in the growth in imports.

In 2022, countries that imported more from United Kingdom than Timor-Leste included United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

In 2022, no countries were registered that imported more from Timor-Leste than from United Kingdom.

Difference in imports from Timor-Leste (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Timor-Leste

Flow
Scale

This chart compares trade between United Kingdom and Timor-Leste by product, considering products traded by both, United Kingdom and Timor-Leste.

During 2022, United Kingdom had a large net trade with Timor-Leste in the exports of Chemical Products ($1.59M), Machines ($836k), and Foodstuffs ($734k).

During 2017, Timor-Leste had a large net trade with United Kingdom in the exports of Machines ($261k), Stone And Glass ($84.4k), and Vegetable Products ($72.4k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United Kingdom and Timor-Leste. This means that a dot/product with the flag of United Kingdom indicates it has a comparative advantage over Timor-Leste. Similarly, a dot/product with the flag of Timor-Leste indicates it has a comparative advantage over United Kingdom.

Product Space of United Kingdom (Flag) and Timor-Leste (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with