International Trade in East-Timor

International Trade in East-Timor

East Timor has recorded a strong economic growth during the last recent years, mainly sustained by the public sector with an increasing program of expenditures (rebuilding the country's infrastructures which were destroyed during the civil war, and relocating its population). The revenues... Read more

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Import and Export Services in East-Timor (2)

  • Heritage Destination Consulting Ltd

    Heritage Destination Consulting Ltd

    Tourism Consulting, East-Timor

    International Heritage Interpretation & Heritage Tourism Destination Consultants Heritage Destination Consulting...
  • CFP International

    CFP International

    Trade Finance, East-Timor

    We are CFP International. We provide unique trade finance services for import businesses around the world. We add value to our...

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Overview About International Trade in East-Timor

Economic Overview

East Timor has recorded a strong economic growth during the last recent years, mainly sustained by the public sector with an increasing program of expenditures (rebuilding the country's infrastructures which were destroyed during the civil war, and relocating its population). The revenues from oil and natural gas exploitation are placed into a wealth utilization fund, which reinforces this growth. The country was lightly touched by the global economic crisis, due to its limited traditional transmission channels (trade, investments, finance). After having attained a growth rate of two digits in 2008-2009, the growth is estimated at 7.9% in 2010 and the prospects remain positive.

The country continues its reconstruction process and economic restructure into which it engaged itself after the end of the war. Moreover, being aware of its dependence in oil, the country has committed to develop the non-oil sectors and to create an attractive business environment. In April, the country presented its Strategic Development Plan for 2011-2030, which anticipates investments in the health care, education and infrastructure sectors.

East Timor is the poorest country of Southeast

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