Timor-Leste
Asia & Middle East
Trade in Timor-Leste
Timor-Leste was the world’s 161st largest exporter of goods and 163rd largest exporter of commercial services in 2021. Export values were 616 and 17 million USD respectively. Timor-Leste’s top export category was fuels and mining products, followed by agricultural products, and manufactures. In 2017, Timor-Leste’s main export destination markets for goods and services trade were to Indonesia, the United States and Germany, with trade representing 84.88 per cent of GDP. In terms of imports, Timor-Leste is the world’s 169th largest importer of goods and 78th largest importer of commercial services. Import values were $873 and $4,697 million USD respectively in 2021. Timor-Leste’s top import category was manufactures, followed by fuels and mining products and agricultural products. Leading import partners were Indonesia, China and Singapore. |
General InformationThis section includes general information on the economy, legal system, official languages and links to additional demographic information. |
|
---|---|
Official Name |
Democratic Republic of Timor-Leste |
Abbreviation |
TL |
Capital |
Dili |
WTO Membership Date |
Observer |
Legal System |
civil law system based on the Portuguese model; note - penal and civil law codes to replace the Indonesian codes were passed by Parliament and promulgated in 2009 and 2011, respectively |
Language |
Tetun, Portuguese |
Number of Time Zone(s) |
1 |
Additional Information | |
Financial InformationThis section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance. |
|
Currency |
United States dollar |
Exchange Rate |
Google Finance Currencies |
Contact InformationThis section includes contact information for business support organizations and national resources. |
|
Business Support Organizations |
|
Additional Information |
ePing alert |
Links to other helpful resourcesThis section includes additional links to trade-related resources. |
|
National Tariff Finder |
https://customs.gov.tl/tariff-finder/ |
Trade Information Portal |
https://customs.gov.tl/doing-business/national-single-windows/ |
Last Reviewed: June, 2023
Businesses & Entrepreneurs
Find a concise overview of key aspects of international trade for micro, small, and medium-sized enterprises with our Businesses & Entrepreneurs Guides.
Policymakers & Researchers
Find a concise overview of key aspects of trade and MSME-related policymaking with our dedicated library of Policymakers & Researchers Guides.