2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 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 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC
$2,358CURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP PC GROWTH
131%CURRENT US$
Rnk 3 / 186

About

Italy-Timor-Leste Trade: In 2022, Italy exported $460k to Timor-Leste. The main products that Italy exported to Timor-Leste were Packaged Medicaments ($113k), Pure Olive Oil ($57.3k), and Plastic Lids ($54.1k). Over the past 5 years the exports of Italy to Timor-Leste have decreased at an annualized rate of 14%, from $979k in 2017 to $460k in 2022.

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

Timor-Leste-Italy Trade: In 2022, Timor-Leste exported $56.1k to Italy. The main products that Timor-Leste exported to Italy were Iron Housewares ($42.9k), Other Furniture ($4.68k), and Non-Knit Men's Shirts ($4.01k). Over the past 5 years the exports of Timor-Leste to Italy have decreased at an annualized rate of 13%,  from $112k in 2017 to $56.1k in 2022.

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

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29),  and 7 in total exports ($634B). 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, Italy exported $460k to Timor-Leste. The main products exported from Italy to Timor-Leste were Packaged Medicaments ($113k), Pure Olive Oil ($57.3k), and Plastic Lids ($54.1k). During the last 5 years the exports of Italy to Timor-Leste have decreased at an annualized rate of 14%, from $979k in 2017 to $460k in 2022.

In 2017, Timor-Leste exported $56.1k to Italy. The main products exported from Timor-Leste to Italy were Iron Housewares ($42.9k), Other Furniture ($4.68k), and Non-Knit Men's Shirts ($4.01k). During the last 5 years the exports of Timor-Leste to Italy have decreased at an annualized rate of 13%, from $112k in 2022 to $56.1k in 2017.

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

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

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
Timor-Leste
Top Destination
China$131M

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

In 2022, countries that imported more from Italy than Timor-Leste included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

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

Comparative Advantage Italy - Timor-Leste

Flow
Scale

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

During 2022, Italy had a large net trade with Timor-Leste in the exports of Chemical Products ($121k), Foodstuffs ($82.2k), and Plastics and Rubbers ($68.3k).

During 2017, Timor-Leste had a large net trade with Italy in the exports of Metals ($42.9k), Miscellaneous ($6.01k), and Textiles ($4.01k).

Economic Complexity

Competitive Landscape

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

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

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