2022
Flag  
GDP
$3.16BCURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP GROWTH
173%CURRENT US$
Rnk 5 / 186
2022
Flag
 GDP
$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH
109%CURRENT US$
Rnk 12 / 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
$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH
90.1%CURRENT US$
Rnk 11 / 186

About

Timor-Leste-Vietnam Trade: In 2022, Timor-Leste exported $138k to Vietnam. The main products that Timor-Leste exported to Vietnam were Other Processed Fruits and Nuts ($92.8k) and Coffee ($45.4k). Over the past 5 years the exports of Timor-Leste to Vietnam have decreased at an annualized rate of 23.1%, from $515k in 2017 to $138k in 2022.

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

Vietnam-Timor-Leste Trade: In 2022, Vietnam exported $30.7M to Timor-Leste. The main products that Vietnam exported to Timor-Leste were Tug Boats ($11.6M), Rice ($9.53M), and Broadcasting Equipment ($2.34M). Over the past 5 years the exports of Vietnam to Timor-Leste have decreased at an annualized rate of 4.09%,  from $37.9M in 2017 to $30.7M in 2022.

In 2022, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Timor-Leste exported $138k to Vietnam. The main products exported from Timor-Leste to Vietnam were Other Processed Fruits and Nuts ($92.8k) and Coffee ($45.4k). During the last 5 years the exports of Timor-Leste to Vietnam have decreased at an annualized rate of 23.1%, from $515k in 2017 to $138k in 2022.

In 2017, Vietnam exported $30.7M to Timor-Leste. The main products exported from Vietnam to Timor-Leste were Tug Boats ($11.6M), Rice ($9.53M), and Broadcasting Equipment ($2.34M). During the last 5 years the exports of Vietnam to Timor-Leste have decreased at an annualized rate of 4.09%, from $37.9M in 2022 to $30.7M in 2017.

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

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

Market Competitiveness

Color
Timor-Leste
Top Destination
China$131M
Vietnam
Top Destination
United States$117B

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

In 2022, countries that imported more from Timor-Leste than Vietnam included Cuba ($385k) and Papua New Guinea ($6.16k).

In 2022, countries that imported more from Vietnam than Timor-Leste included United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

Comparative Advantage Timor-Leste - Vietnam

Flow
Scale

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

During 2022, Timor-Leste had a large net trade with Vietnam in the exports of Foodstuffs ($92.8k) and Vegetable Products ($45.4k).

During 2017, Vietnam had a large net trade with Timor-Leste in the exports of Transportation ($11.6M), Vegetable Products ($9.58M), and Machines ($3.47M).

Economic Complexity

Competitive Landscape

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

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

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