2023
Flag  
GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
 GDP
$2.08BCURRENT US$
Rnk 176 / 195
2013-2023
Flag
GDP GROWTH
49%CURRENT US$
Rnk 76 / 195
2023
Flag
GDP PC 
$49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC
$1,503CURRENT US$
Rnk 167 / 196
2013-2023
Flag
GDP PC GROWTH
24.7%CURRENT US$
Rnk 88 / 195

About

United Kingdom-Timor-Leste Trade: In 2023, United Kingdom exported $933k to Timor-Leste. The main products that United Kingdom exported to Timor-Leste were Hard Liquor ($379k), Diamonds ($195k), and Recovered Paper ($141k). Over the past 5 years the exports of United Kingdom to Timor-Leste have decreased at an annualized rate of 0.58%, from $960k in 2018 to $933k in 2023.

In 2023, United Kingdom did not export any services to Timor-Leste.

Timor-Leste-United Kingdom Trade: In 2023, Timor-Leste exported $302k to United Kingdom. The main products that Timor-Leste exported to United Kingdom were Coffee ($200k), Wood Fiberboard ($42.4k), and Vegetable or Animal Dyes ($30.3k). Over the past 5 years the exports of Timor-Leste to United Kingdom have decreased at an annualized rate of 27.6%,  from $1.52M in 2018 to $302k in 2023.

In 2023, Timor-Leste did not export any services to United Kingdom.

Comparison In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5),  and 14 in total exports ($429B). That same year, Timor-Leste ranked 191 in total exports ($163M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $933k to Timor-Leste. The main products exported from United Kingdom to Timor-Leste were Hard Liquor ($379k), Diamonds ($195k), and Recovered Paper ($141k). During the last 5 years the exports of United Kingdom to Timor-Leste have decreased at an annualized rate of 0.58%, from $960k in 2018 to $933k in 2023.

In 2018, Timor-Leste exported $302k to United Kingdom. The main products exported from Timor-Leste to United Kingdom were Coffee ($200k), Wood Fiberboard ($42.4k), and Vegetable or Animal Dyes ($30.3k). During the last 5 years the exports of Timor-Leste to United Kingdom have decreased at an annualized rate of 27.6%, from $1.52M in 2023 to $302k in 2018.

Exports from United Kingdom (Flag) to Timor-Leste (Flag) (2023)

Exports from Timor-Leste (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$59.7B
Timor-Leste
Top Destination
China$74.7M

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 2023, countries that imported more from United Kingdom than Timor-Leste included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

In 2023, 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) (2023)

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 2023, United Kingdom had a large net trade with Timor-Leste in the exports of Foodstuffs ($379k), Precious Metals ($225k), and Paper Goods ($199k).

During 2018, Timor-Leste had a large net trade with United Kingdom in the exports of Vegetable Products ($200k), Wood Products ($42.4k), and Chemical Products ($30.3k).

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) (2023)

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