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2022
Flag → Flag
Exports $203MRnk 105 / 223
2022
Flag → Flag
Top Product $50.4MTractors
2022
Flag → Flag
Exports $32MRnk 19 / 95
2022
Flag → Flag
Top Product $25.1MCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.56Rnk 90 / 133
2022
Flag  
GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186

About

Germany-Turkmenistan Trade: In 2022, Germany exported $203M to Turkmenistan. The main products that Germany exported to Turkmenistan were Tractors ($50.4M), Gas Turbines ($11.3M), and Packaged Medicaments ($10M). Over the past 5 years the exports of Germany to Turkmenistan have decreased at an annualized rate of 13.3%, from $415M in 2017 to $203M in 2022.

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

Turkmenistan-Germany Trade: In 2022, Turkmenistan exported $32M to Germany. The main products that Turkmenistan exported to Germany were Crude Petroleum ($25.1M), Nitrogenous Fertilizers ($2.78M), and Petroleum Jelly ($2.39M). Over the past 5 years the exports of Turkmenistan to Germany have increased at an annualized rate of 47.1%,  from $4.65M in 2017 to $32M in 2022.

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

Comparison: In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). That same year, Turkmenistan ranked 90 in the Economic Complexity Index (ECI -0.56), and 95 in total exports ($12.5B).

Latest Trends

August, 2024

About

Overview In August 2024, Germany exported €22.3M and imported €164k from Turkmenistan, resulting in a positive trade balance of €22.1M. Between August 2023 and August 2024 the exports of Germany have increased by €13.2M (146%) from €9.06M to €22.3M, while imports decreased by €-6k (-3.53%) from €170k to €164k.

Trade In August 2024, the top exports of Germany to Turkmenistan were Agricultural machinery (incl. tractors) (€4.7M), Pharmaceutical products (€1.74M), Mineral oil products (€1.57M), Other machinery (€963k), and Other articles of iron, iron sheet,... (€771k). In August 2024 the top imports of Germany from Turkmenistan were Radioactive elements and radioactive isotopes (€160k), Measuring and automatical control instruments (€86k), Railway or tramway locomotives and rolling... (€38k), Apparel of cotton, excl. of knitted... (€6k), and Apparel of knitted or crocheted fabrics... (€3k).

Origins In August 2024 the exports of Germany were mainly from North Rhine-Westphalia (€3.6M), Baden-Württemberg (€3.17M), Saxony (€2.87M), Bavaria (€1.5M), and Hesse (€1.18M), while imports destinations were mainly North Rhine-Westphalia (€158k), Bavaria (€6k), Berlin (€0), Hesse (€0), and Saxony (€0).

Growth In August 2024, the increase in Germany's year-by-year exports to Turkmenistan was explained primarily by an increase in product exports in Mineral oil products (€1.24M or 383%), Pharmaceutical products (€1.18M or 213%), and Other articles of iron, iron sheet,... (€553k or 254%). In August 2024, the decrease in Germany's year-by-year imports  from Turkmenistan was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€13.2M(146%)
IMPORT GROWTH (August 2023 - August 2024)€-6k(-3.53%)
MAIN EXPORTER (August 2024)North Rhine-Westphalia€3.6M

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Turkmenistan and Germany trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $203M to Turkmenistan. The main products exported from Germany to Turkmenistan were Tractors ($50.4M), Gas Turbines ($11.3M), and Packaged Medicaments ($10M). During the last 5 years the exports of Germany to Turkmenistan have decreased at an annualized rate of 13.3%, from $415M in 2017 to $203M in 2022.

In 2017, Turkmenistan exported $32M to Germany. The main products exported from Turkmenistan to Germany were Crude Petroleum ($25.1M), Nitrogenous Fertilizers ($2.78M), and Petroleum Jelly ($2.39M). During the last 5 years the exports of Turkmenistan to Germany have increased at an annualized rate of 47.1%, from $4.65M in 2022 to $32M in 2017.

Exports from Germany (Flag) to Turkmenistan (Flag) (2022)

Exports from Turkmenistan (Flag) to Germany (Flag) (2022)

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Turkmenistan
Top DestinationChina$8.88B

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

In 2022, countries that imported more from Germany than Turkmenistan included United States ($153B), France ($120B), and Netherlands ($109B).

In 2022, no countries were registered that imported more from Turkmenistan than from Germany.

Difference in imports from Turkmenistan (Flag) and Germany (Flag) (2022)

Comparative Advantage Germany - Turkmenistan

Flow
Scale

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

During 2022, Germany had a large net trade with Turkmenistan in the exports of Machines ($67.8M), Transportation ($61M), and Chemical Products ($23.7M).

During 2017, Turkmenistan had a large net trade with Germany in the exports of Mineral Products ($27.5M), Chemical Products ($2.78M), and Machines ($856k).

Economic Complexity

Competitive Landscape

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

Product Space of Germany (Flag) and Turkmenistan (Flag) (2022)

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