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Timore-Leste

East Timor ranked No. 216 in total trade value through October with a total of $5.02 million. Exports totaled $1.15 million and Imports totaled $3.86 million, a deficit of $2.71 million.

U.S. trade with Timore-Leste rose to $5.02 million through October

Timore-Leste’s trade with the United States rose to $5.02 million through the first 10 months of 2018, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 28.36 percent below its total trade during the same time period last year. Timore-Leste’s exports decreased 50.1 percent while imports fell 17.63 percent. The U.S. deficit with Timore-Leste was $2.71 million.

Through October, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Newark; No. 2 Port of Oakland, Calif.; No. 3 Port of Baltimore, Md.; No. 4 Port of Seattle, Wash.; and No. 5 Port of Grays Harbor, Aberdeen, Wash.. During the same period the previous year, the top five were No. 1 Cleveland’s Hopkins International Airport, Ohio No. 2 Port of Oakland, Calif. No. 3 Port of Virginia No. 4 Port of Newark and No. 5 Port of Seattle, Wash.. In the current time period, the top five accounted for 68.01 percent of Timore-Leste’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Newark rose 56.72 percent to $1.12 million.
    Exports totaled $11,407. Imports rose 55.13 percent to $1.11 million.
  • Trade with No. 2 Port of Oakland, Calif. fell 24.89 percent to $952,860.
    Exports rose 104.06 percent to $27,274. Imports fell 26.26 percent to $925,586.
  • Trade with No. 3 Port of Baltimore, Md. rose 157.62 percent to $646,132.
    There were no exports. Imports rose 157.62 percent to $646,132.
  • Trade with No. 4 Port of Seattle, Wash. fell 35.44 percent to $360,109.
    Exports rose 118.73 percent to $82,171. Imports fell 46.57 percent to $277,938.
  • Trade with No. 5 Port of Grays Harbor, Aberdeen, Wash. rose 121.37 percent to $329,705.
    Exports rose 121.37 percent to $329,705. There were no imports.

Timore-Leste ranked No. 216 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 210.

Meanwhile, total U.S. trade with the world increased to $3.51 trillion, up 9.44 percent compared to the same period last year. The nation’s exports climbed 8.95 percent to $1.39 trillion; imports climbed 9.77 percent to $2.12 trillion. The nation’s top five countries so far this year, by value, are China; Canada; Mexico; Japan and Germany. The overall trade deficit was $732.48 billion, up compared to the same period of last year when the deficit was $657.79 billion.

The top five U.S. exports to Timore-Leste by value through October were the categories of Motor vehicles for transporting people; Miscellaneous electrical machinery; Cell phones, related equipment; Navigational equipment; and Returned exports, with change, respectively. They accounted for 68.39 percent of total exports to Timore-Leste.

The value of the top five categories of U.S. imports from Timore-Leste –– Coffee; Cloves (Whole Fruit, Cloves and Stems); Rice; an or Veg Fats & Oils, Hydrogen Etc, Not Fur 1516; and Cell phones, related equipment –– accounted for 95.75 percent of all inbound shipments.

Looking more closely at U.S. exports to Timore-Leste:

  • Motor vehicles for transporting people rose 145.4 percent compared to last year to $365,488.
  • Miscellaneous electrical machinery fell 61.13 percent compared to last year to $158,386.
  • Cell phones, related equipment fell 40.68 percent compared to last year to $143,664.
  • Navigational equipment totaled $68,709. The previous year, there were no exports in this category.
  • Returned exports, with change fell 20.45 percent compared to last year to $53,234.

Looking more closely at U.S. imports from Timore-Leste:

  • Coffee fell 25.31 percent compared to last year to $3.15 million.
  • Cloves (Whole Fruit, Cloves and Stems) totaled $284,021. The previous year, there were no imports in this category.
  • Rice totaled $101,986. The previous year, there were no imports in this category.
  • an or Veg Fats & Oils, Hydrogen Etc, Not Fur 1516 fell 50 percent compared to last year to $83,600.
  • Cell phones, related equipment rose 136.39 percent compared to last year to $76,134.

In the latest annual figures available, Timore-Leste recorded $8.05 million in trade with the United States. At year’s end, its were Cleveland; San Francisco; New York City; Baltimore; and Seattle. Total U.S. exports to Timore-Leste were $ 2.57 million and imports from Timore-Leste were $5.49 million. The U.S. deficit with Timore-Leste was $2.92 million.