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Exports In 2022, Timor-Leste exported $1.29M in Iron & steel, making it the 178th largest exporter of Iron & steel in the world. At the same year, Iron & steel was the 8th most exported product in Timor-Leste. The main destination of Iron & steel exports from Timor-Leste are: Singapore ($933k), Malaysia ($198k), Indonesia ($146k), China ($4.29k), and Australia ($4.1k).

The fastest growing export markets for Iron & steel of Timor-Leste between 2021 and 2022 were Singapore ($555k), Indonesia ($146k), and China ($4.29k).

Imports In 2022, Timor-Leste imported $39.4M in Iron & steel, becoming the 163rd largest importer of Iron & steel in the world. At the same year, Iron & steel was the 8th most imported product in Timor-Leste. Timor-Leste imports Iron & steel primarily from: China ($24.3M), Indonesia ($6.37M), Malaysia ($3.63M), Hong Kong ($3.1M), and Vietnam ($1.07M).

The fastest growing import markets in Iron & steel for Timor-Leste between 2021 and 2022 were China ($4.16M), Malaysia ($3.3M), and Indonesia ($2.79M).

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 & 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 (2022)$1.29M
IMPORTS (2022)$39.4M
NET TRADE (2022)-$38.1M

In 2022, Timor-Leste exported $1.29M in Iron & steel. The main destinations of Timor-Leste exports on Iron & steel were Singapore ($933k), Malaysia ($198k), Indonesia ($146k), China ($4.29k), and Australia ($4.1k).

In 2022, Timor-Leste imported $39.4M in Iron & steel, mainly from China ($24.3M), Indonesia ($6.37M), Malaysia ($3.63M), Hong Kong ($3.1M), and Vietnam ($1.07M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron & steel EXPORT MARKETS FOR Timor-Leste WERE (2021 - 2022):
Singapore$555k (147%)
Indonesia$146k (1%)
China$4.29k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron & steel BY Timor-Leste WERE (2021 - 2022):
Malaysia-$1.16M (-85.4%)
Australia-$1.29k (-23.9%)
Sweden-$214 (-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 & steel were:
China $69.8B
Germany $36.9B
Japan $35.7B
In 2022, 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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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.

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