Indonesia recorded exports to Timor-Leste of US$247.15 million as of December 2021. This figure represents an 11.63% increase compared to the previous year's exports, which were recorded at US$221.4 million.
Indonesia's trade record with Timor-Leste shows a significant decrease in exports over the past 10 years. Indonesia's lowest export value was US$189.66 million, while the highest was US$258.17 million.
Of the 97 products (two-digit HS codes) exported to Timor-Leste, 0.04 thousand products were worth more than one billion dollars. Furthermore, according to Trademap data, there is one main Indonesian product exported to this country each year. This indicates a significant dependence on these export products. The majority of products are also exported to other countries, totaling 0.08 thousand products.
The following is a list of the top five main products exported by Indonesia to Timor-Leste. This list is ordered from highest to lowest transaction value.
1. Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof
Indonesia's top export is Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof. In the Trademap classification, Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof fall under HS code 87. In 2021, Indonesia exported US$28,921 thousand. This export value is lower than the previous period, which reached US$30,627 thousand.
2. Cereal preparations, flour, starch or milk preparations
The second largest export from Indonesia is Cereal preparations, flour, starch or milk preparations. The export value to Timor-Leste in 2021 was US$23,328 thousand. This figure is higher than the previous period, which was recorded at US$21,175 thousand.
3. Tobacco and manufactured substitutes for tobacco
Indonesia also exports a significant amount of Tobacco and manufactured substitutes for tobacco to Timor-Leste. The export value of this product was US$16,610 thousand. This amount increased compared to the previous period, which was recorded at US$14,531 thousand. Exports of Tobacco and manufactured substitutes for tobacco to Timor-Leste are ranked 15th. Other countries in the top five export destinations include Cambodia, the Philippines, Vietnam, Singapore, and Malaysia.
4. Salt
Indonesia exports salt to 58 countries. Salt exports to Timor-Leste rank seventh. In 2021, Indonesia recorded exports of US$16,384 thousand. Besides Timor-Leste, the largest salt exports were destined for Bangladesh, China, Singapore, the Philippines, and Taipei, China.
5. Beverages, spirits and vinegar
Exports of Beverages, spirits and vinegar to Timor-Leste rank third. In 2021, Indonesia recorded exports of US$15,772 thousand. Other countries in the top five export destinations include the Philippines, Singapore, Nigeria, and Hong Kong, China.