Vietnam (VNM) and Timor-Leste (TLS) Trade | The Observatory of Economic Complexity

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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.

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.

Comparison In 2022, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B). That same year, Timor-Leste ranked 170 in total exports ($513M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, 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 2017 to $30.7M in 2022.

In 2017, 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 2022 to $138k in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Vietnam
Top DestinationUnited States$117B

Timor-Leste
Top DestinationChina$131M

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

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

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

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

Comparative Advantage Vietnam - Timor-Leste

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Vietnam had a large net trade with Timor-Leste in the exports of Transportation ($11.6M), Vegetable Products ($9.58M), and Machines ($3.47M).

During 2017, Timor-Leste had a large net trade with Vietnam in the exports of Foodstuffs ($92.8k) and Vegetable Products ($45.4k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Vietnam - Timor-Leste

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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