2023
Flag  
GDP
$2.08BCURRENT US$
Rnk 176 / 195
2013-2023
Flag
GDP GROWTH
49%CURRENT US$
Rnk 76 / 195
2023
Flag
 GDP
$85.8BCURRENT US$
Rnk 72 / 195
2013-2023
Flag
GDP GROWTH
31.5%CURRENT US$
Rnk 111 / 195
2023
Flag
GDP PC 
$1,503CURRENT US$
Rnk 167 / 195
2013-2023
Flag
GDP PC GROWTH
24.7%CURRENT US$
Rnk 88 / 195
2023
Flag
GDP PC
$128,678CURRENT US$
Rnk 2 / 196
2013-2023
Flag
GDP PC GROWTH
7.23%CURRENT US$
Rnk 143 / 195

About

Timor-Leste-Luxembourg Trade: In 2023, Timor-Leste exported $44 to Luxembourg. The main products that Timor-Leste exported to Luxembourg were Other Furniture ($44). Over the past 11 years the exports of Timor-Leste to Luxembourg have decreased at an annualized rate of 9.63%, from $134 in 2012 to $44 in 2023.

In 2023, Timor-Leste did not export any services to Luxembourg.

Luxembourg-Timor-Leste Trade: In 2023, Luxembourg exported $19.2k to Timor-Leste. The main products that Luxembourg exported to Timor-Leste were N/A. Over the past 11 years the exports of Luxembourg to Timor-Leste have increased at an annualized rate of 35.5%,  from $4.21k in 2012 to $19.2k in 2023.

In 2023, Luxembourg did not export any services to Timor-Leste.

Comparison In 2023,  Timor-Leste ranked 191 in total exports ($163M). That same year, Luxembourg ranked 82 in total exports ($18.9B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Timor-Leste exported $44 to Luxembourg. The main products exported from Timor-Leste to Luxembourg were Other Furniture ($44). During the last 11 years the exports of Timor-Leste to Luxembourg have decreased at an annualized rate of 9.63%, from $134 in 2012 to $44 in 2023.

In 2016, Luxembourg exported $19.2k to Timor-Leste. There were not main exports from Luxembourg to Timor-Leste in 2016. During the last 5 years the exports of Luxembourg to Timor-Leste have increased at an annualized rate of 35.5%, from $4.21k in 2021 to $19.2k in 2016.

Exports from Timor-Leste (Flag) to Luxembourg (Flag) (2023)

Exports from Luxembourg (Flag) to Timor-Leste (Flag) (2023)

Latest Data

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

Luxembourg Exports

Market Competitiveness

Color
Timor-Leste
Top Destination
China$74.7M
Luxembourg
Top Destination
Germany$3.42B

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

In 2023, countries that imported more from Timor-Leste than Luxembourg included Eswatini ($80).

In 2023, countries that imported more from Luxembourg than Timor-Leste included Germany ($3.42B), France ($2.8B), and Belgium ($1.59B).

Difference in imports from Luxembourg (Flag) and Timor-Leste (Flag) (2023)

Comparative Advantage Timor-Leste - Luxembourg

Flow
Scale

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

During 2023, Timor-Leste had a large net trade with Luxembourg in the exports of N/A.

During 2016, Luxembourg had a large net trade with Timor-Leste in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Timor-Leste (Flag) and Luxembourg (Flag) (2023)

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