East Timor recorded a trade deficit of 48742.08 USD Thousand in October of 2018. 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
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East Timor Trade Last Previous Highest Lowest Unit
Balance of Trade -48742.08 -44836.69 75032.23 -248083.00 USD Thousand [+]
Current Account -283.50 -545.50 2736.00 -545.50 USD Million [+]
Current Account to GDP -16.10 -32.20 252.00 -32.20 percent [+]
Exports 3294.50 4308.45 131047.24 0.00 USD Thousand [+]
Imports 53132.01 46692.20 343421.85 0.00 USD Thousand [+]
Terrorism Index 0.00 0.00 2.49 0.00 [+]
Tourist Arrivals 15636.00 14888.00 25923.00 11554.00 [+]
Crude Oil Production 32.00 33.00 105.00 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-48742.08 -44836.69 75032.23 -248083.00 2005 - 2018 USD Thousand Monthly




Country Last Previous
Argentina 277.00 Oct/18
Australia 2316.00 Oct/18
Brazil 4062.09 Nov/18
Canada -1165.20 Oct/18
China 447.40 Nov/18
Euro Area 13141.70 Sep/18
France -4052.00 Oct/18
Germany 18300.00 Oct/18
India -17130.00 Oct/18
Indonesia -1819.90 Oct/18
Italy 1274.37 Sep/18
Japan -449.26 Oct/18
Mexico -2936.00 Oct/18
Netherlands 4949.00 Sep/18
Russia 19697.00 Oct/18
Saudi Arabia 162782.00 Jun/18
Singapore 4520.91 Oct/18
South Africa -5549.90 Oct/18
South Korea 5139.00 Nov/18
Spain -3297100.00 Sep/18
Switzerland 2637.00 Oct/18
Turkey -456.10 Oct/18
United Kingdom -3300.00 Oct/18
United States -55488.00 Oct/18


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