2022
Exports
$333MWorld Rnk 117 / 216
Flag Rnk 1 / 73
2022
PRODUCT COMPLEXITY IN Mineral fuels, mineral oils and products of their distillation
0.48Rnk 371 / 1025
2022
Imports
$206MWorld Rnk 170 / 225
Flag Rnk 1 / 96

About

Exports In 2022, Timor-Leste exported $333M in Mineral fuels, mineral oils and products of their distillation, making it the 117th largest exporter of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 1st most exported product in Timor-Leste. The main destination of Mineral fuels, mineral oils and products of their distillation exports from Timor-Leste are: China ($124M), Japan ($72.4M), South Korea ($67.7M), Thailand ($33.6M), and Malaysia ($18.7M).

The fastest growing export markets for Mineral fuels, mineral oils and products of their distillation of Timor-Leste between 2021 and 2022 were South Korea ($25.5M), China ($19.2M), and Japan ($4.58M).

Imports In 2022, Timor-Leste imported $206M in Mineral fuels, mineral oils and products of their distillation, becoming the 170th largest importer of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 1st most imported product in Timor-Leste. Timor-Leste imports Mineral fuels, mineral oils and products of their distillation primarily from: Singapore ($64.7M), Chinese Taipei ($46.4M), Malaysia ($43.8M), Australia ($28.4M), and Turkey ($6.9M).

The fastest growing import markets in Mineral fuels, mineral oils and products of their distillation for Timor-Leste between 2021 and 2022 were Malaysia ($32.8M), Chinese Taipei ($19.4M), and Singapore ($11.9M).

COMPANIES In 2023, leading companies such as Old Navy (1) and Kontoor Brands (1) were at the forefront of shipping Mineral fuels, mineral oils and products of their distillation 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 Mineral fuels, mineral oils and products of their distillation. 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)$333M
IMPORTS (2022)$206M
NET TRADE (2022)$127M

In 2022, Timor-Leste exported $333M in Mineral fuels, mineral oils and products of their distillation. The main destinations of Timor-Leste exports on Mineral fuels, mineral oils and products of their distillation were China ($124M), Japan ($72.4M), South Korea ($67.7M), Thailand ($33.6M), and Malaysia ($18.7M).

In 2022, Timor-Leste imported $206M in Mineral fuels, mineral oils and products of their distillation, mainly from Singapore ($64.7M), Chinese Taipei ($46.4M), Malaysia ($43.8M), Australia ($28.4M), and Turkey ($6.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mineral fuels, mineral oils and products of their distillation EXPORT MARKETS FOR Timor-Leste WERE (2021 - 2022):
South Korea$25.5M (60.3%)
China$19.2M (18.3%)
Japan$4.58M (6.75%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral fuels, mineral oils and products of their distillation BY Timor-Leste WERE (2021 - 2022):
Singapore-$88.9M (-86%)
Malaysia-$3.07M (-14.1%)
South Africa-$94 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Timor-Leste's main exporting competitors in Mineral fuels, mineral oils and products of their distillation were:
In 2022, Timor-Leste's main importing competitors in Mineral fuels, mineral oils and products of their distillation were:

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Trade Value of Mineral fuels, mineral oils and products of their distillation by Exporters

Potential Exports

Potential Exports

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N/A
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Mineral fuels, mineral oils and products of their distillation’s highest export potential is N/A. With an export gap of N/A.   Mineral fuels, mineral oils and products of their distillation’s highest import potential is N/A with an import gap of N/A.

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