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Exports In 2022, Timor-Leste exported $1.74M in Iron or steel articles, making it the 149th largest exporter of Iron or steel articles in the world. At the same year, Iron or steel articles was the 7th most exported product in Timor-Leste. The main destination of Iron or steel articles exports from Timor-Leste are: Australia ($1.31M), Cuba ($99k), Belgium ($61.2k), Indonesia ($49.5k), and Italy ($42.9k).

The fastest growing export markets for Iron or steel articles of Timor-Leste between 2021 and 2022 were Australia ($1.26M), Cuba ($99k), and Belgium ($61.2k).

Imports In 2022, Timor-Leste imported $52M in Iron or steel articles, becoming the 163rd largest importer of Iron or steel articles in the world. At the same year, Iron or steel articles was the 6th most imported product in Timor-Leste. Timor-Leste imports Iron or steel articles primarily from: China ($35.9M), Indonesia ($7.8M), Hong Kong ($2.46M), Australia ($2.11M), and Turkey ($1.81M).

The fastest growing import markets in Iron or steel articles for Timor-Leste between 2021 and 2022 were China ($4.97M), Turkey ($1.8M), and Indonesia ($1.47M).

COMPANIES In 2023, leading companies such as Vestas (1) were at the forefront of shipping Iron or steel articles from Timor-Leste to the United States.

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Iron or steel articles. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.74M
IMPORTS (2022)$52M
NET TRADE (2022)-$50.2M

In 2022, Timor-Leste exported $1.74M in Iron or steel articles. The main destinations of Timor-Leste exports on Iron or steel articles were Australia ($1.31M), Cuba ($99k), Belgium ($61.2k), Indonesia ($49.5k), and Italy ($42.9k).

In 2022, Timor-Leste imported $52M in Iron or steel articles, mainly from China ($35.9M), Indonesia ($7.8M), Hong Kong ($2.46M), Australia ($2.11M), and Turkey ($1.81M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron or steel articles EXPORT MARKETS FOR Timor-Leste WERE (2021 - 2022):
Australia$1.26M (2.49k%)
Cuba$99k (1%)
Belgium$61.2k (6.12M%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron or steel articles BY Timor-Leste WERE (2021 - 2022):
Canada-$16.3k (-31.2%)
Spain-$7.09k (-100%)
Russia-$3.6k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Timor-Leste's main exporting competitors in Iron or steel articles were:
China $109B
Germany $33.5B
Italy $22.2B
In 2022, Timor-Leste's main importing competitors in Iron or steel articles were:

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Trade Value of Iron or steel articles by Exporters

Potential Exports

Potential Exports

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Iron or steel articles’s highest export potential is N/A. With an export gap of N/A.   Iron or steel articles’s highest import potential is N/A with an import gap of N/A.

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