2022
Flag  
GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 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 
$72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH
58.5%CURRENT US$
Rnk 29 / 186
2022
Flag
GDP PC
$2,358CURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP PC GROWTH
131%CURRENT US$
Rnk 3 / 186

About

Iceland-Timor-Leste Trade: In 2022, Iceland exported $413 to Timor-Leste. The main products that Iceland exported to Timor-Leste were Knit Men's Shirts ($413). Over the past 5 years the exports of Iceland to Timor-Leste have decreased at an annualized rate of 26.6%, from $1.93k in 2017 to $413 in 2022.

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

Timor-Leste-Iceland In N/A, Timor-Leste did not export any products to Iceland.

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

Comparison In 2022,  Iceland ranked 116 in total exports ($7.31B). That same year, Timor-Leste ranked 170 in total exports ($513M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iceland exported $413 to Timor-Leste. The main products exported from Iceland to Timor-Leste were Knit Men's Shirts ($413). During the last 5 years the exports of Iceland to Timor-Leste have decreased at an annualized rate of 26.6%, from $1.93k in 2017 to $413 in 2022.

Timor-Leste does not register exports to Iceland.

Exports from Iceland (Flag) to Timor-Leste (Flag) (2022)

Exports from Timor-Leste (Flag) to Iceland (Flag) (2022)

Market Competitiveness

Color
Iceland
Top Destination
Netherlands$1.97B
Timor-Leste
Top Destination
China$131M

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

In 2022, countries that imported more from Iceland than Timor-Leste included Netherlands ($1.97B), United Kingdom ($672M), and United States ($613M).

In 2022, countries that imported more from Timor-Leste than Iceland included Indonesia ($104M), South Korea ($68.5M), and Malaysia ($19.3M).

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

Comparative Advantage Iceland - Timor-Leste

Flow
Scale

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

During 2022, Iceland had a large net trade with Timor-Leste in the exports of Textiles ($413).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Iceland and Timor-Leste. This means that a dot/product with the flag of Iceland 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 Iceland.

Product Space of Iceland (Flag) and Timor-Leste (Flag) (2022)

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