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Statistical data (East Timor)

Economic Indicators

 

2020(a)

2021(a)

2022b)

2023(b)

Population (million)

1.3

1.3

1.4

1.4

GDP (US$ million)

1,902

2,358

2,455

2,085

Real GDP Growth Rate (%)

-8.6

1.5

3.3

4.2

Total Export of Goods (US$ million)

17.4

2,287.3

35.0

39.0

Total Import of Goods (US$ million)

527.3

799.7

682.0

765.0

Total Export of Services (US$ million)

39.7

28.1

Total Import of Services (US$ million)

315.1

722.8

Consumer Price Index (%)

0.5

3.8

7.0

4.0

Current Account Balance (US$ million)

-308

-43

-284

-821

Exchange Rate

US dollar is used; also issued Centavo the nation coin, with 1:1 with US dollar

Remarks: (a) actual value; (b) estimated value of International Monetary Fund (IMF)

Source: International Monetary Fund (IMF)

 

Main export and import goods destinations

Main export destinations (2021)

Proportion in total value of exports goods (%)

Indonesia

73.4

China

11.9

Switzerland

8.8

Japan

2.9

Others

3.0

Main source of import (2021)

Proportion in total value of imports goods (%)

Indonesia

39.2

China

16.3

Singapore

13.8

Hong Kong (China)

5.6

Others

25.1

Source: International Monetary Fund (IMF)

 

Main export and import goods

Major export goods (2021)

Proportion in total value of exports goods (%)

Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

91.3

Coffee, tea, mate and spices

5.1

Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles

0.8

Others

2.8

Major import goods (2021)

Proportion in total value of imports goods (%)

Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

18.1

Vehicles other than railway or tramway rolling-stock and parts and accessories thereof

7.6

Steel product

7.4

Others

66.9

Source: International Trade Center (ITC)

 

Statistics on Trade in Services

Main Exports Services (2021)

Proportion in total value of exports services (%)

Tourism

42.9

Government goods and services n.i.e.

39.3

Financial Services

14.3

Other

3.5

Main Imports Services (2021)

Proportion in total value of imports services (%)

Government goods and services n.i.e.

41.2

Construction

24.0

Transport

15.6

Other

19.2

Remarks:The above content is the estimated data of UNCTAD, WTO and ITC.

Source: International Trade Centre

 

Statistics on the trade in Goods between Mainland China and Timor-Leste  (Thousand US dollars)

Year

Total trade

Total exports value *

Total imports value **

2022

43,584.0

29,048.3

14,535.7

2021

37,358.5

26,043.3

11,345.1

2020

19,162.7

19,041.7

121.1

2019

16,751.0

14,294.6

2,456.4

2018

13,550.3

13,248.9

301.4

Remarks: * Value of goods exported to Timor-Leste from Mainland China; **Value of goods imported from Timor-Leste to Mainland China

Source of Data: General Administration of Customs of the People’s Republic of China

 

Statistics on the trade between Macao and Timor-Leste (US$) (1 USD»8 MOP)

Year

Total trade

Total exports value*

Total imports value **

2022

746.8

746.8

2021

2020

219,383.9

219,383.9

2019

2018

20,356.5

20,356.5

Remarks: * Value of goods exported to Timor-Leste from Macao; **Value of goods imported from Timor-Leste to Macao.

Source: Statistics and Census Service (DSEC), Macao SAR Government

 

Source:

  • Country (region) guide for foreign investment co-operation (Timor-Leste)by the Ministry of Commerce the People’s Republic of China 
  • “2021 Statistical Bulletin of China’s Outward Foreign Direct Investment” by the Ministry of Commerce of the People’s Republic of China, National Bureau of Statistics and State Administration of Foreign Exchange
  •  General Administration of Customs of the People’s Republic of China
  • SinoMaps Press
  • Statistics and Census Service (DSEC), Macao SAR Government
  • Statistics Timor-Leste
  • International Monetary Fund (IMF)
  • International Trade Center (ITC)
  • “2022 World Investment Report” by the United Nations Conference on Trade and Development (UNCTAD)
  • “Country Economic Forecast – Timor-Leste (Nov 2022)” by Oxford Economics

 

Updated in June 2023.