2022
Flag  
GDP
$3.16BCURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP GROWTH
173%CURRENT US$
Rnk 5 / 186
2022
Flag
 GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
Flag
GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 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
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186

About

Timor-Leste-Finland Trade: In 2022, Timor-Leste exported $60 to Finland. The main products that Timor-Leste exported to Finland were Coffee ($60). Over the past 8 years the exports of Timor-Leste to Finland have decreased at an annualized rate of 60.9%, from $109k in 2014 to $60 in 2022.

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

Finland-Timor-Leste Trade: In 2022, Finland exported $62.9k to Timor-Leste. The main products that Finland exported to Timor-Leste were Special Pharmaceuticals ($41.3k), Transmissions ($5.1k), and Machinery Having Individual Functions ($2.49k). Over the past 8 years the exports of Finland to Timor-Leste have increased at an annualized rate of 30.1%,  from $16.9k in 2014 to $62.9k in 2022.

In 2022, Finland 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, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Timor-Leste exported $60 to Finland. The main products exported from Timor-Leste to Finland were Coffee ($60). During the last 8 years the exports of Timor-Leste to Finland have decreased at an annualized rate of 60.9%, from $109k in 2014 to $60 in 2022.

In 2017, Finland exported $62.9k to Timor-Leste. The main products exported from Finland to Timor-Leste were Special Pharmaceuticals ($41.3k), Transmissions ($5.1k), and Machinery Having Individual Functions ($2.49k). During the last 5 years the exports of Finland to Timor-Leste have increased at an annualized rate of 30.1%, from $16.9k in 2022 to $62.9k in 2017.

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

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

Latest Data

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

Finland Exports

Market Competitiveness

Color
Timor-Leste
Top Destination
China$131M
Finland
Top Destination
Germany$9.99B

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

In 2022, countries that imported more from Timor-Leste than Finland included Cuba ($385k).

In 2022, countries that imported more from Finland than Timor-Leste included Germany ($9.99B), United States ($9.17B), and Sweden ($9.1B).

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

Comparative Advantage Timor-Leste - Finland

Flow
Scale

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

During 2022, Timor-Leste had a large net trade with Finland in the exports of Vegetable Products ($60).

During 2017, Finland had a large net trade with Timor-Leste in the exports of Chemical Products ($41.3k), Machines ($8.33k), and Plastics and Rubbers ($3.36k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with