East Timor recorded a trade deficit of 58146.41 USD Thousand in September 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
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East Timor Trade Last Previous Highest Lowest Unit
Balance of Trade -58146.41 -39340.48 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 3318.36 5154.75 131047.24 0.00 USD Thousand [+]
Imports 61464.78 44495.22 343421.85 0.00 USD Thousand [+]
Terrorism Index 0.00 0.00 2.49 0.00 [+]
Tourist Arrivals 17458.00 25878.00 25923.00 11554.00 [+]


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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-58146.41 -39340.48 75032.23 -248083.00 2005 - 2019 USD Thousand Monthly




Country Last Previous
Argentina 1744.00 Sep/19
Australia 5926.00 Aug/19
Brazil 2250.00 Sep/19
Canada -955.30 Aug/19
China 396.50 Sep/19
Euro Area 14702.40 Aug/19
France -5019.00 Aug/19
Germany 16205.00 Aug/19
India -10860.00 Sep/19
Indonesia -160.50 Sep/19
Italy 2585.00 Aug/19
Japan -122.98 Sep/19
Mexico 775.00 Aug/19
Netherlands 3879.00 Aug/19
Russia 12006.00 Aug/19
Saudi Arabia 127500.00 Jun/19
Singapore 3833.90 Sep/19
South Africa 6842.94 Aug/19
South Korea 5973.00 Sep/19
Spain -3984900.00 Aug/19
Switzerland 2881.00 Sep/19
Turkey -2500.39 Aug/19
United Kingdom -1546.00 Aug/19
United States -54896.00 Aug/19


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