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2021
Flag → Flag
Exports $262kRnk 23 / 0
2021
Flag → Flag
Exports $413Rnk 155 / 160
2021
Flag → Flag
Top Product $413Knit Men's Shirts
2022
Flag  
GDP$3.16BCURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP GROWTH173%CURRENT US$
Rnk 5 / 186
2022
Flag
 GDP$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC $2,358CURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP PC GROWTH131%CURRENT US$
Rnk 3 / 186
2022
Flag
GDP PC$72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH58.5%CURRENT US$
Rnk 29 / 186

About

Timor-Leste-Iceland In 2021, Timor-Leste exported $262k to Iceland. The main products that Timor-Leste exported to Iceland are N/A. During the last 2 years the exports of Timor-Leste to Iceland have decreased at an annualized rate of 0.34%, from $264k in 2019 to $262k in 2021.

In 2021, Timor-Leste did not export any services to Iceland.

Iceland-Timor-Leste In 2021, Iceland exported $413 to Timor-Leste. The main products that Iceland exported to Timor-Leste were Knit Men's Shirts ($413). During the last 2 years the exports of Iceland to Timor-Leste have decreased at an annualized rate of 80.4%, from $10.8k in 2019 to $413 in 2021.

In 2021, Iceland did not export any services to Timor-Leste.

Comparison In 2022,  Timor-Leste ranked 170 in total exports ($513M). That same year, Iceland ranked 116 in total exports ($7.31B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

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 0.34%, from $264k in 2019 to $262k in 2021.

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 80.4%, from $10.8k in 2004 to $413 in 2022.

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

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

Market Competitiveness

Color
Timor-Leste
Top DestinationChina$131M
Iceland
Top DestinationNetherlands$1.97B

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

In 2021, countries that imported more from Timor-Leste than Iceland were Indonesia ($104M), South Korea ($68.5M), and Malaysia ($19.3M).

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

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

Comparative Advantage Timor-Leste - Iceland

Flow
Scale

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

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

During 2022, Iceland had a large net trade with Timor-Leste in the exports of Textiles ($413).

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 Timor-Leste has comparative advantage over Iceland. Similarly, the more yellow a dot/product is, the more Iceland has comparative advantage over Timor-Leste.

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

Keep Exploring

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