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2022
Flag → Flag
Exports $413Rnk 155 / 160
2022
Flag → Flag
Top Product $413Knit Men's Shirts
2022
Flag → Flag
Exports $262kRnk 199 / 0
2022
Flag  
GDP$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
 GDP$3.16BCURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP GROWTH173%CURRENT US$
Rnk 5 / 186
2022
Flag
GDP PC $72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH58.5%CURRENT US$
Rnk 29 / 186
2022
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GDP PC$2,358CURRENT US$
Rnk 141 / 186
2012-2022
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GDP PC GROWTH131%CURRENT US$
Rnk 3 / 186

About

Iceland-Timor-Leste In 2022, Iceland exported $413 to Timor-Leste. The main products that Iceland exported to Timor-Leste are Knit Men's Shirts ($413). During the last 18 years the exports of Iceland to Timor-Leste have decreased at an annualized rate of 16.6%, from $10.8k in 2004 to $413 in 2022.

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

Timor-Leste-Iceland In 2022, Timor-Leste exported $262k to Iceland. The main products that Timor-Leste exported to Iceland were N/A. During the last 18 years the exports of Timor-Leste to Iceland have decreased at an annualized rate of 0.038%, from $264k in 2004 to $262k in 2022.

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 18 years the exports of Iceland to Timor-Leste have decreased at an annualized rate of 16.6%, from $10.8k in 2004 to $413 in 2022.

In 2021, Timor-Leste exported $262k to Iceland. There were not main exports from Timor-Leste to Iceland in 2021. During the last 2 years the exports of Timor-Leste to Iceland have decreased at an annualized rate of 0.038%, from $264k in 2019 to $262k in 2021.

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

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

Market Competitiveness

Color
Iceland
Top DestinationNetherlands$1.97B
Timor-Leste
Top DestinationChina$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 2021, countries that imported more from Iceland than Timor-Leste were Netherlands ($1.97B), United Kingdom ($672M), and United States ($613M).

In 2021, countries that imported more from Timor-Leste than Iceland were 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).

During 2021, Timor-Leste had a large net trade with Iceland in the exports of .

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Iceland has comparative advantage over Timor-Leste. Similarly, the more yellow a dot/product is, the more Timor-Leste has comparative advantage over Iceland.

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

Keep Exploring

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