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East Timor’s trade falls in August
Release time:2015-10-15
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East Timor posted a year-on-year trade drop in August, Portuguese news agency Lusa reported this week.

According to the country’s statistics body, the nation’s exports fell in August to US$1.05 million from US$2.84 million a year before.

China was the third largest seller to East Timor in August, with Chinese sales reaching US$2.96 million.

Official data also showed East Timor’s imports dropped to US$29.4 million in August from US$52.9 million a year before.

Singapore was East Timor’s main supplier in August, with sales reaching US$11.78 million, followed by Indonesia (US$6.11 million).

East Timor mainly exports coffee beans. In August, the United States was the main destination for that product.