Table of Contents
What products does Timor-Leste export?
During the last five reported years the exports of Timor-Leste have changed by -$7.4M from $119M in 2014 to $112M in 2019. The most recent exports are led by Crude Petroleum ($54.7M), Petroleum Gas ($28M), Coffee ($18.6M), Locust beans, seaweed, sugar beet, cane, for food ($2.59M), and Scrap Iron ($1.6M).
What does Australia trade with East Timor?
Australian exports to Timor-Leste were valued at A$27 million with major items including: passenger motor vehicles. aircraft, spacecraft and parts. refined petroleum.
What products does Guam export?
Exports The top exports of Guam are Scrap Iron ($4.17M), Electric Batteries ($4.04M), Gas Turbines ($3.31M), Scrap Copper ($2.42M), and Beauty Products ($1.61M), exporting mostly to South Korea ($8.5M), Hong Kong ($7.4M), Chinese Taipei ($4.8M), Philippines ($2M), and Australia ($658k).
What are Timor Leste’s main industries?
Economy of East Timor
| Statistics | |
|---|---|
| Main industries | printing, soap manufacturing, handicrafts, woven cloth |
| Ease-of-doing-business rank | 181st (below average, 2020) |
| External | |
| Exports | $24 million (2017 est; excludes oil) |
What is the main product of East Timor?
Economy of East Timor
| Statistics | |
|---|---|
| Export goods | coffee, sandalwood, marble; |
| Main export partners | Indonesia 25.38% United States 22.30% Germany 13.65% China 8.49% Australia 5.94% Others 24.24% |
| Imports | $588 million (2017 est.) |
| Import goods | food, gasoline, kerosene, machinery |
Who trades with Timor Leste?
Timor-Leste mainly trades with countries in the region i.e. Singapore, South Korea, China, Indonesia, India and Japan. Main imports are capital goods required to rebuild the country’s underdeveloped infrastructure.
Why did Australia invade East Timor?
Australian Defence Force units arrived in East Timor in 1999 to quell the rioting, disorder and low-level fighting created by the Indonesian military’s scorched earth campaign as it withdrew from its former possession in 1999.
How much does East Timor export per year?
Exports in East Timor is expected to be 5778.00 USD Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the East Timor Exports is projected to trend around 5778.00 USD Thousand in 2022, according to our econometric models.
What kind of economy does Timor Leste have?
Overview In 2019 Timor-Leste was the number 166 economy in the world in terms of GDP (current US$), the number 189 in total exports, the number 188 in total imports, the number 151 economy in terms of GDP per capita (current US$) and the number null most complex economy according to the Economic Complexity Index (ECI).
Who are the trade partners of East Timor?
Indonesia, Australia and Portugal are East Timor’s principal trade partners. East Timor in the mid-2000s was seeking trade partners to develop its oil and gas reserves, among them China and Malaysia. Coffee is exported to the United States, Australia, New Zealand, Italy, and the Netherlands, among other countries.
What kind of crops are grown in East Timor?
In the few fertile areas, mostly to the south of East Timor, primary crops include cassava, cowpeas, corn, and sweet potatoes. In the lowlands, farmers utilize irrigation systems to cultivate rice. Farmers usually trade any excess produce in the local markets with maize and rice being the leading products.