Austria (AUT) and Turkmenistan (TKM) Trade | The Observatory of Economic Complexity

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Austria-Turkmenistan Trade: In 2022, Austria exported $26.1M to Turkmenistan. The main products that Austria exported to Turkmenistan were N/A. Over the past 5 years the exports of Austria to Turkmenistan have decreased at an annualized rate of 1.78%, from $28.6M in 2017 to $26.1M in 2022.

In 2022, Austria did not export any services to Turkmenistan.

Turkmenistan-Austria Trade: In 2022, Turkmenistan exported $81.2k to Austria. The main products that Turkmenistan exported to Austria were Sausages ($28.1k), Washing and Bottling Machines ($15.7k), and Knotted Carpets ($15.1k). Over the past 5 years the exports of Turkmenistan to Austria have decreased at an annualized rate of 40.5%, from $1.09M in 2017 to $81.2k in 2022.

In 2022, Turkmenistan did not export any services to Austria.

Comparison: In 2022, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). That same year, Turkmenistan ranked 90 in the Economic Complexity Index (ECI -0.56), and 95 in total exports ($12.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Austria exported $26.1M to Turkmenistan. There were not main exports from Austria to Turkmenistan in 2022. During the last 5 years the exports of Austria to Turkmenistan have decreased at an annualized rate of 1.78%, from $28.6M in 2017 to $26.1M in 2022.

In 2017, Turkmenistan exported $81.2k to Austria. The main products exported from Turkmenistan to Austria were Sausages ($28.1k), Washing and Bottling Machines ($15.7k), and Knotted Carpets ($15.1k). During the last 5 years the exports of Turkmenistan to Austria have decreased at an annualized rate of 40.5%, from $1.09M in 2022 to $81.2k in 2017.

Exports from Austria () to Turkmenistan () (2022)

Exports from Turkmenistan () to Austria () (2022)

Latest Data

Trade between Austria () and Turkmenistan ()

Austria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Austria
Top DestinationGermany$57.7B

Turkmenistan
Top DestinationChina$8.88B

This map shows whether countries import more from Austria or Turkmenistan. Each country is colored based on the difference in imports they receive from Austria and Turkmenistan or the difference in the growth in imports.

In 2022, countries that imported more from Austria than Turkmenistan included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

In 2022, countries that imported more from Turkmenistan than Austria included China ($8.88B), Uzbekistan ($664M), and Azerbaijan ($460M).

Difference in imports from Turkmenistan () and Austria () (2022)

Comparative Advantage Austria - Turkmenistan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Austria and Turkmenistan by product, considering products traded by both, Austria and Turkmenistan.

During 2022, Austria had a large net trade with Turkmenistan in the exports of Machines ($9.55M), Chemical Products ($5.47M), and Metals ($3.82M).

During 2017, Turkmenistan had a large net trade with Austria in the exports of Foodstuffs ($28.1k), Machines ($20.9k), and Textiles ($15.8k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Austria and Turkmenistan. This means that a dot/product with the flag of Austria indicates it has a comparative advantage over Turkmenistan. Similarly, a dot/product with the flag of Turkmenistan indicates it has a comparative advantage over Austria.

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Historical Data

Bilateral Trade by Products

Exports from Austria () to Turkmenistan () (2022)

Exports from Turkmenistan () to Austria () (2022)

Latest Data

Trade between Austria () and Turkmenistan ()

Austria Exports

Market Competitiveness

Difference in imports from Turkmenistan () and Austria () (2022)

Comparative Advantage Austria - Turkmenistan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Austria () and Turkmenistan () (2022)

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