East Timor recorded a trade deficit of 43632.41 USD Thousand in April of 2019. Balance of Trade in East Timor averaged -35224.75 USD Thousand from 2005 until 2018, reaching an all time high of 75032.23 USD Thousand in September of 2016 and a record low of -248083 USD Thousand in December of 2009.

Balance of Trade in East Timor is expected to be -44891.00 USD Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in East Timor to stand at -45712.00 in 12 months time. In the long-term, the East Timor Balance of Trade is projected to trend around -46722.00 USD Thousand in 2020, according to our econometric models.

East Timor Balance of Trade
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


East Timor Trade Last Previous Highest Lowest Unit
Balance of Trade -43632.41 -38162.98 75032.23 -248083.00 USD Thousand [+]
Current Account -339.00 545.00 2736.00 -339.00 USD Million [+]
Current Account to GDP -11.80 -16.10 252.00 -32.20 percent [+]
Exports 6184.25 1110.68 131047.24 0.00 USD Thousand [+]
Imports 44250.83 39273.66 343421.85 0.00 USD Thousand [+]
Terrorism Index 0.00 0.00 2.49 0.00 [+]
Tourist Arrivals 25878.00 18259.00 25923.00 11554.00 [+]
Crude Oil Production 30.00 30.00 105.00 0.00 BBL/D/1K [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



East Timor Balance of Trade

Even though Timor is an exporter of oil, it runs consistent trade deficits. This is mainly due to high imports needed to rebuild the country’s underdeveloped infrastructure. Oil accounts for around 49 percent of Timor's export revenues. Timor's other exports include coffee, books, aircraft parts, electronic appliances and sandblasting machines. Timor mainly imports electrical machinery, fuel, electrical appliances, machinery, books, beverages, vegetables, cement, plastics, cereals and textiles. Timor's main trading partners are Finland, Japan, Singapore, Indonesia, Malaysia, Australia, China and Portugal. . This page provides the latest reported value for - East Timor Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. East Timor Balance of Trade - actual data, historical chart and calendar of releases - was last updated on May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-43632.41 -38162.98 75032.23 -248083.00 2005 - 2019 USD Thousand Monthly




Country Last Previous
Argentina 1131.00 Apr/19
Australia 4949.00 Mar/19
Brazil 6060.00 Apr/19
Canada -3211.20 Mar/19
China 138.34 Apr/19
Euro Area 22532.90 Mar/19
France -5324.00 Mar/19
Germany 22683.00 Mar/19
India -15330.00 Apr/19
Indonesia -2501.90 Apr/19
Italy 4625.00 Mar/19
Japan 60.40 Apr/19
Mexico 1429.00 Mar/19
Netherlands 5330.00 Mar/19
Russia 15537.00 Mar/19
Saudi Arabia 180059.00 Dec/18
Singapore 2782.79 Apr/19
South Africa 5004.63 Mar/19
South Korea 4120.00 Apr/19
Spain -2352600.00 Mar/19
Switzerland 2494.00 Mar/19
Turkey -2136.73 Mar/19
United Kingdom -5408.00 Mar/19
United States -50000.00 Mar/19


Related

Latest