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Exports In 2022, Timor-Leste exported $259M in Petroleum oils, oils from bituminous minerals, crude, making it the 62nd largest exporter of Petroleum oils, oils from bituminous minerals, crude in the world. At the same year, Petroleum oils, oils from bituminous minerals, crude was the 1st most exported product in Timor-Leste. The main destination of Petroleum oils, oils from bituminous minerals, crude exports from Timor-Leste are: China ($124M), South Korea ($67.7M), Thailand ($33.6M), Malaysia ($18.7M), and Singapore ($14.5M).

The fastest growing export markets for Petroleum oils, oils from bituminous minerals, crude of Timor-Leste between 2021 and 2022 were South Korea ($25.5M), China ($19.2M), and Thailand ($4.37M).

Imports In 2022, Timor-Leste imported $500 in Petroleum oils, oils from bituminous minerals, crude, becoming the 149th largest importer of Petroleum oils, oils from bituminous minerals, crude in the world. At the same year, Petroleum oils, oils from bituminous minerals, crude was the 2797th most imported product in Timor-Leste. Timor-Leste imports Petroleum oils, oils from bituminous minerals, crude primarily from: Indonesia ($500).

The fastest growing import markets in Petroleum oils, oils from bituminous minerals, crude for Timor-Leste between N/A and 2022 were Indonesia ($500).

Historical Data

Trade Balance

Color
EXPORTS (2022)$259M
IMPORTS (2022)$500
NET TRADE (2022)$259M

In 2022, Timor-Leste exported $259M in Petroleum oils, oils from bituminous minerals, crude. The main destinations of Timor-Leste exports on Petroleum oils, oils from bituminous minerals, crude were China ($124M), South Korea ($67.7M), Thailand ($33.6M), Malaysia ($18.7M), and Singapore ($14.5M).

In 2022, Timor-Leste imported $500 in Petroleum oils, oils from bituminous minerals, crude, mainly from Indonesia ($500).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum oils, oils from bituminous minerals, crude EXPORT MARKETS FOR Timor-Leste WERE (2021 - 2022):
South Korea$25.5M (60.3%)
China$19.2M (18.3%)
Thailand$4.37M (15%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum oils, oils from bituminous minerals, crude BY Timor-Leste WERE (2021 - 2022):
Singapore-$88.9M (-86%)
Malaysia-$3.07M (-14.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
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In 2022, Timor-Leste's main exporting competitors in Petroleum oils, oils from bituminous minerals, crude were:
In 2022, Timor-Leste's main importing competitors in Petroleum oils, oils from bituminous minerals, crude were:

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Trade Value of Petroleum oils, oils from bituminous minerals, crude by Exporters

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