2023
Exports
$912kWorld Rnk 179 / 219
Flag Rnk 5 / 66
falsefalse Singapore
2023
PRODUCT COMPLEXITY IN Iron & steel
1.66Rnk 26 / 1025
2023
Imports
$40.8MWorld Rnk 162 / 224
Flag Rnk 7 / 95

About

Exports In 2023, Timor-Leste exported $912k in Iron & steel, making it the 179th largest exporter of Iron & steel in the world. At the same year, Iron & steel was the 5th most exported product in Timor-Leste. The main destination of Iron & steel exports from Timor-Leste are: Singapore ($741k), Indonesia ($100k), and Malaysia ($70.1k).

Imports In 2023, Timor-Leste imported $40.8M in Iron & steel, becoming the 162nd largest importer of Iron & steel in the world. At the same year, Iron & steel was the 7th most imported product in Timor-Leste. Timor-Leste imports Iron & steel primarily from: China ($25.5M), Indonesia ($8.75M), Malaysia ($3.74M), Turkey ($2.18M), and Australia ($628k).

The fastest growing import markets in Iron & steel for Timor-Leste between 2022 and 2023 were China ($18.5M), Turkey ($2.05M), and Malaysia ($264k).

Latest Trends

Dec 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 & steel. 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 (2023)$912k
IMPORTS (2023)$40.8M
NET TRADE (2023)-$39.9M

In 2023, Timor-Leste exported $912k in Iron & steel. The main destinations of Timor-Leste exports on Iron & steel were Singapore ($741k), Indonesia ($100k), and Malaysia ($70.1k).

In 2023, Timor-Leste imported $40.8M in Iron & steel, mainly from China ($25.5M), Indonesia ($8.75M), Malaysia ($3.74M), Turkey ($2.18M), and Australia ($628k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron & steel BY Timor-Leste WERE (2022 - 2023):
Singapore-$331k (-30.9%)
Malaysia-$158k (-69.3%)
Indonesia-$64.9k (-39.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Timor-Leste's main exporting competitors in Iron & steel were:
China $66.2B
Germany $32.6B
Japan $31.6B
In 2023, Timor-Leste's main importing competitors in Iron & steel were:

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Trade Value of Iron & steel by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

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

See methodology.

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