2022
Flag  
GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 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 
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC
$2,358CURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP PC GROWTH
131%CURRENT US$
Rnk 3 / 186

About

Norway-Timor-Leste Trade: In 2022, Norway exported $75.2k to Timor-Leste. The main products that Norway exported to Timor-Leste were Valves ($36.1k), Other Measuring Instruments ($36.1k), and Iron Pipe Fittings ($2.62k). Over the past 5 years the exports of Norway to Timor-Leste have decreased at an annualized rate of 47%, from $1.8M in 2017 to $75.2k in 2022.

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

Timor-Leste-Norway Trade: In 2022, Timor-Leste exported $812 to Norway. The main products that Timor-Leste exported to Norway were Liquid Dispersing Machines ($561) and Other Rubber Products ($251). Over the past 5 years the exports of Timor-Leste to Norway have decreased at an annualized rate of 47%,  from $36.5k in 2017 to $812 in 2022.

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

Comparison In 2022,  Norway ranked 43 in the Economic Complexity Index (ECI 0.54),  and 28 in total exports ($285B). 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, Norway exported $75.2k to Timor-Leste. The main products exported from Norway to Timor-Leste were Valves ($36.1k), Other Measuring Instruments ($36.1k), and Iron Pipe Fittings ($2.62k). During the last 5 years the exports of Norway to Timor-Leste have decreased at an annualized rate of 47%, from $1.8M in 2017 to $75.2k in 2022.

In 2017, Timor-Leste exported $812 to Norway. The main products exported from Timor-Leste to Norway were Liquid Dispersing Machines ($561) and Other Rubber Products ($251). During the last 5 years the exports of Timor-Leste to Norway have decreased at an annualized rate of 47%, from $36.5k in 2022 to $812 in 2017.

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

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

Market Competitiveness

Color
Norway
Top Destination
Germany$78.1B
Timor-Leste
Top Destination
China$131M

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

In 2022, countries that imported more from Norway than Timor-Leste included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

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

Comparative Advantage Norway - Timor-Leste

Flow
Scale

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

During 2022, Norway had a large net trade with Timor-Leste in the exports of Machines ($36.4k), Instruments ($36.1k), and Metals ($2.62k).

During 2017, Timor-Leste had a large net trade with Norway in the exports of Machines ($561) and Plastics and Rubbers ($251).

Economic Complexity

Competitive Landscape

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

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

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