2022
Flag  
GDP
$3.16BCURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP GROWTH
173%CURRENT US$
Rnk 5 / 186
2022
Flag
 GDP
$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH
16.6%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
2022
Flag
GDP PC
$49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH
11%CURRENT US$
Rnk 112 / 186

About

Timor-Leste-Belgium Trade: In 2022, Timor-Leste exported $751k to Belgium. The main products that Timor-Leste exported to Belgium were Coffee ($582k), Iron Housewares ($61.2k), and Other Furniture ($22.8k). Over the past 5 years the exports of Timor-Leste to Belgium have increased at an annualized rate of 13.6%, from $397k in 2017 to $751k in 2022.

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

Belgium-Timor-Leste Trade: In 2022, Belgium exported $5.16M to Timor-Leste. The main products that Belgium exported to Timor-Leste were Beer ($2.48M), Malt ($717k), and Malt Extract ($636k). Over the past 5 years the exports of Belgium to Timor-Leste have decreased at an annualized rate of 14.3%,  from $11.1M in 2017 to $5.16M in 2022.

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

Comparison In 2022,  Timor-Leste ranked 170 in total exports ($513M), and does not have data regarding Economic Complexity Index. That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Timor-Leste exported $751k to Belgium. The main products exported from Timor-Leste to Belgium were Coffee ($582k), Iron Housewares ($61.2k), and Other Furniture ($22.8k). During the last 5 years the exports of Timor-Leste to Belgium have increased at an annualized rate of 13.6%, from $397k in 2017 to $751k in 2022.

In 2017, Belgium exported $5.16M to Timor-Leste. The main products exported from Belgium to Timor-Leste were Beer ($2.48M), Malt ($717k), and Malt Extract ($636k). During the last 5 years the exports of Belgium to Timor-Leste have decreased at an annualized rate of 14.3%, from $11.1M in 2022 to $5.16M in 2017.

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

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

Latest Data

Trade between Timor-Leste (Flag) and Belgium (Flag)

Belgium Exports

Market Competitiveness

Color
Timor-Leste
Top Destination
China$131M
Belgium
Top Destination
Germany$91.9B

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

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

In 2022, countries that imported more from Belgium than Timor-Leste included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

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

Comparative Advantage Timor-Leste - Belgium

Flow
Scale

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

During 2022, Timor-Leste had a large net trade with Belgium in the exports of Vegetable Products ($582k), Metals ($61.2k), and Miscellaneous ($34.3k).

During 2017, Belgium had a large net trade with Timor-Leste in the exports of Foodstuffs ($3.32M), Vegetable Products ($717k), and Machines ($712k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Timor-Leste and Belgium. This means that a dot/product with the flag of Timor-Leste indicates it has a comparative advantage over Belgium. Similarly, a dot/product with the flag of Belgium indicates it has a comparative advantage over Timor-Leste.

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

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