Indonesia recorded exports to Timor-Leste totaling US$297,345,000 based on December 2022 data. This figure represents a 19.64% increase compared to the previous year's exports of US$248,536,000.
Indonesia's trade record with Timor-Leste shows an upward trend in exports over the past 10 years. 2022 marked a historic high with the highest export value ever recorded.
Of the 97 products (two-digit HS codes) exported to Timor-Leste, 37 products were valued at over one billion dollars. Most of the exported products (88) are also exported to other countries.
The following is a list of the top five products exported by Indonesia to Timor-Leste, ordered from highest to lowest transaction value.
1. Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof
Indonesia exported a significant amount of Vehicles other than railway or tramway rolling-stock, and parts and accessories thereof. In the tradmap classification, these fall under HS code 87. In 2022, Indonesia exported US$35,387,000 worth of these products. This represents an increase compared to the previous period's recorded value of US$28,921,000.
2. Preparations of cereals, flour, starch or milk
Falling under HS code 19, Preparations of cereals, flour, starch or milk are categorized together with pastrycooks' products. Indonesia exported US$29,874,000 worth of these products.
3. Salt
Indonesia exported salt to 67 countries. Exports to Timor-Leste ranked sixth. In 2022, Indonesia recorded exports valued at US$19,288,000. Other major export destinations for salt include Bangladesh, Singapore, Taipei, China, and the Philippines.
4. Beverages, spirits and vinegar
This product, under HS code 22, saw Indonesian exports valued at US$19,049,000, an increase compared to the previous period's US$15,773,000. Exports of Beverages, spirits and vinegar to Timor-Leste ranked second. Other major export destinations include the Philippines, Singapore, Vietnam, and Nigeria. Indonesia exported this product to 65 countries.
5. Animal, vegetable or microbial fats and oils and their fractions
Indonesia also exported a significant amount of Animal, vegetable or microbial fats and oils and their fractions to Timor-Leste, valued at US$16,848,000. This represents an increase compared to the previous period's US$14,959,000. Besides Timor-Leste, major export destinations include China, India, Pakistan, the United States, and Malaysia. Indonesia also exported this product to 163 other countries.