East Timor reported a trade deficit of US$115.5 million for December, with US$122.8 million of imports and US$7.3 million of exports, according to Lusa news agency.

The country’s General Directorate of Statistics said that most of the exports in December were re-exports (the export of goods produced abroad and initially imported to East Timor), which were worth US$6.5 million.

In December, coffee was East Timor’s biggest export, worth US$753,000, according to the data quoted by Lusa.

Most of the goods imported in December originated from the United States (US$70 million), followed by Singapore (US$16.9 million) and Indonesia (US$14 million).

The country’s statistics bureau has not disclosed the trade balance for full-2014. The trade deficit in 2013 stood at US$475.6 million, an improvement from the US$593.2-million deficit recorded in 2012.