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Timor-Leste
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Top Exports
As of 2023, Timor-Leste's export economy remains heavily reliant on petroleum products, with efforts underway to diversify through agricultural and niche commodities. The country's total merchandise exports were approximately **US\$294 million**, marking a significant decrease from previous years. | Rank | Product Category | Export Value (US\$ Million) | Share of Total Exports | | ---- | ------------------------------------ | --------------------------- | ---------------------- | | 1 | **Crude Petroleum** | \$113.0 | 38.4% | | 2 | **Petroleum Gas** | \$22.5 | 7.7% | | 3 | **Coffee (Green and Roasted Beans)** | \$1.4 | 0.5% | | 4 | **Seaweed** | Data Not Specified | <1% | | 5 | **Candlenut Oil** | Data Not Specified | <1% | | 6 | **Lac (Laccifer Lacca Kerr)** | Data Not Specified | <1% | Top Export Destinations **Indonesia**: \$482,000 **Japan**: \$230,000 **New Zealand**: \$198,000 **Australia**: \$165,000 **Germany**: \$110,000 **United States**: \$107,000 **United Kingdom**: \$76,000 **Taiwan**: \$71,000 **Republic of Korea**: \$67,000 **Singapore**: \$23,000 These figures highlight Timor-Leste's trade relationships with neighboring countries and key global partners.
