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Pricing

2022
Flag → Flag
Exports $4.06MRnk 184 / 220
2022
Flag → Flag
Top Product $1.18MRefined Petroleum
2022
Flag → Flag
Exports $68.5MRnk 4 / 92
2022
Flag → Flag
Top Product $67.7MCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 4 / 133
2022
Flag  
GDP$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP GROWTH30.3%CURRENT US$
Rnk 100 / 186
2022
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 GDP$3.16BCURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP GROWTH173%CURRENT US$
Rnk 5 / 186
2022
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GDP PC $32,255CURRENT US$
Rnk 33 / 186
2012-2022
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GDP PC GROWTH26.7%CURRENT US$
Rnk 70 / 186
2022
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GDP PC$2,358CURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP PC GROWTH131%CURRENT US$
Rnk 3 / 186

About

South Korea-Timor-Leste Trade: In 2022, South Korea exported $4.06M to Timor-Leste. The main products that South Korea exported to Timor-Leste were Refined Petroleum ($1.18M), Flavored Water ($1.11M), and Pasta ($455k). Over the past 5 years the exports of South Korea to Timor-Leste have decreased at an annualized rate of 17%, from $10.3M in 2017 to $4.06M in 2022.

In 2022, South Korea did not export any services to Timor-Leste.

Timor-Leste-South Korea Trade: In 2022, Timor-Leste exported $68.5M to South Korea. The main products that Timor-Leste exported to South Korea were Crude Petroleum ($67.7M), Other Processed Fruits and Nuts ($386k), and Coffee ($347k). Over the past 5 years the exports of Timor-Leste to South Korea have increased at an annualized rate of 124%,  from $1.23M in 2017 to $68.5M in 2022.

In 2022, Timor-Leste did not export any services to South Korea.

Comparison In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.78),  and 5 in total exports ($705B). That same year, Timor-Leste ranked 170 in total exports ($513M), and does not have data regarding Economic Complexity Index.

Latest Trends

July, 2024

About

Overview In July 2024, South Korea exported $13k and imported $2k from Timor-Leste, resulting in a positive trade balance of $11k. Between July 2023 and July 2024 the exports of South Korea have decreased by $-401k (-96.9%) from $414k to $13k, while imports increased by $1k (100%) from $1k to $2k.

Trade In July 2024, the top exports of South Korea to Timor-Leste were Chemical products n.e.s. ($72k), Preparations of cereals, flour, starch or... ($16k), Coffee, tea, mate & spices ($0), and Optical, photo, & film equipment; medical... ($0). In July 2024 the top imports of South Korea from Timor-Leste were Coffee, tea, mate & spices ($36k), Preparations of cereals, flour, starch or... ($0), Chemical products n.e.s. ($0), and Optical, photo, & film equipment; medical... ($0).

Growth In July 2024, the decrease in South Korea's year-by-year exports to Timor-Leste was explained primarily by an decrease in product exports in Preparations of cereals, flour, starch or... ($-263k or -94.3%). In July 2024, the increase in South Korea's year-by-year imports  from Timor-Leste was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)$-401k(-96.9%)
IMPORT GROWTH (July 2023 - July 2024)$1k(100%)

This section shows exports and imports data at subnational level for South Korea. Click any date in the line plot or any product to explore the exports or imports behavior of South Korea over time.

To check Timor-Leste and South Korea trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Timor-Leste and South Korea Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $4.06M to Timor-Leste. The main products exported from South Korea to Timor-Leste were Refined Petroleum ($1.18M), Flavored Water ($1.11M), and Pasta ($455k). During the last 5 years the exports of South Korea to Timor-Leste have decreased at an annualized rate of 17%, from $10.3M in 2017 to $4.06M in 2022.

In 2017, Timor-Leste exported $68.5M to South Korea. The main products exported from Timor-Leste to South Korea were Crude Petroleum ($67.7M), Other Processed Fruits and Nuts ($386k), and Coffee ($347k). During the last 5 years the exports of Timor-Leste to South Korea have increased at an annualized rate of 124%, from $1.23M in 2022 to $68.5M in 2017.

Exports from South Korea (Flag) to Timor-Leste (Flag) (2022)

Exports from Timor-Leste (Flag) to South Korea (Flag) (2022)

Market Competitiveness

Color
South Korea
Top DestinationChina$150B
Timor-Leste
Top DestinationChina$131M

This map shows whether countries import more from South Korea or Timor-Leste. Each country is colored based on the difference in imports they receive from South Korea and Timor-Leste or the difference in the growth in imports.

In 2022, countries that imported more from South Korea than Timor-Leste included China ($150B), United States ($112B), and Vietnam ($60.7B).

In 2022, no countries were registered that imported more from Timor-Leste than from South Korea.

Difference in imports from Timor-Leste (Flag) and South Korea (Flag) (2022)

Comparative Advantage South Korea - Timor-Leste

Flow
Scale

This chart compares trade between South Korea and Timor-Leste by product, considering products traded by both, South Korea and Timor-Leste.

During 2022, South Korea had a large net trade with Timor-Leste in the exports of Foodstuffs ($1.6M), Mineral Products ($1.18M), and Chemical Products ($453k).

During 2017, Timor-Leste had a large net trade with South Korea in the exports of Mineral Products ($67.7M), Foodstuffs ($386k), and Vegetable Products ($347k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Korea Timor-Leste+N/AN/A
Top Product Potential Timor-Leste South Korea+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of South Korea and Timor-Leste. This means that a dot/product with the flag of South Korea indicates it has a comparative advantage over Timor-Leste. Similarly, a dot/product with the flag of Timor-Leste indicates it has a comparative advantage over South Korea.

Product Space of South Korea (Flag) and Timor-Leste (Flag) (2022)

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