Trade balance — all countries

Trade balance — Timor-Leste

Trade balance in Timor-Leste in 2024 — -1,386,770,200 US$. Ranked 107 in the world out of 171. Since 2000, the indicator has fallen by 144.8%.

2024 -1.39B US$ −53.43% vs 2023
World rank 107of 171
Period maximum 985M US$2021
Period minimum -1.39B US$2024

Trend over time

2000–2024 · US$

Trade balance — Timor-Leste, 2000–2024-2B-1B01B2000200320062009201220152018202120242000: -566,576,300 US$2001: -710,307,400 US$2002: -773,638,500 US$2003: -532,517,900 US$2004: -407,193,800 US$2005: -279,202,100 US$2006: -364,926,700 US$2007: -590,382,200 US$2008: -755,905,700 US$2009: -1,013,015,400 US$2010: -1,034,226,100 US$2011: -1,333,972,700 US$2012: -1,325,990,300 US$2013: -955,583,900 US$2014: -1,065,272,700 US$2015: -858,375,700 US$2016: -885,814,400 US$2017: -852,929,700 US$2018: -917,350,500 US$2019: -572,886,700 US$2020: -246,925,300 US$2021: 984,758,700 US$2022: 436,458,200 US$2023: -903,834,800 US$2024: -1,386,770,200 US$
Change over the period: −820M (−144.76%)

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Timor-Leste

Timor-Leste -1.39B US$
World computed 863B US$
East Asia & Pacific computed 890B US$
South-Eastern Asia computed 238B US$
Lower-middle-income countries computed -351B US$
Trade balance — Timor-Leste, by year Timor-Leste All countries CSV XLSX
Year US$ Change Change, %
2024 -1.39B −483M −53.43%
2023 -904M −1.34B −307.08%
2022 436M −548M −55.68%
2021 985M +1.23B +498.81%
2020 -247M +326M +56.9%
2019 -573M +344M +37.55%
2018 -917M −64.42M −7.55%
2017 -853M +32.88M +3.71%
2016 -886M −27.44M −3.2%
2015 -858M +207M +19.42%
2014 -1.07B −110M −11.48%
2013 -956M +370M +27.93%
2012 -1.33B +7.98M +0.6%
2011 -1.33B −300M −28.98%
2010 -1.03B −21.21M −2.09%
2009 -1.01B −257M −34.01%
2008 -756M −166M −28.04%
2007 -590M −225M −61.78%
2006 -365M −85.72M −30.7%
2005 -279M +128M +31.43%
2004 -407M +125M +23.53%
2003 -533M +241M +31.17%
2002 -774M −63.33M −8.92%
2001 -710M −144M −25.37%
2000 -567M

About the indicator

The balance of foreign trade in goods and services: exports minus imports. This is the largest part of the current account but not the whole of it — investment income and remittances do not enter the trade balance, and for countries with large transfers the two indicators move in opposite directions. A surplus is not in itself a sign of a healthy economy: a country importing equipment for construction will run a deficit precisely because it is investing in growth.

Important: Goods and services together. For countries with large service exports — tourism, transport, software — the merchandise balance can be negative while the overall balance is positive.

Source: World Development Indicators (World Bank), license CC BY 4.0.