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2023
Flag → Flag
Exports $2.01MRnk 108 / 192
2023
Flag → Flag
Top Product $716kEngine Parts
2023
Flag → Flag
Exports $20.4kRnk 68 / 99
2023
Flag → Flag
Top Product $20.4kHouse Linens
2023
Flag
Economic Complexity (ECI) ECI -0.69Rnk 96 / 132
2023
Flag  
GDP$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH62.2%CURRENT US$
Rnk 49 / 195
2023
Flag
 GDP$60.6BCURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP GROWTH54.7%CURRENT US$
Rnk 66 / 195
2023
Flag
GDP PC $30,133CURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP PC GROWTH56%CURRENT US$
Rnk 35 / 195
2023
Flag
GDP PC$8,233CURRENT US$
Rnk 95 / 196
2013-2023
Flag
GDP PC GROWTH24.7%CURRENT US$
Rnk 87 / 195

About

Estonia-Turkmenistan Trade: In 2023, Estonia exported $2.01M to Turkmenistan. The main products that Estonia exported to Turkmenistan were Engine Parts ($716k), Composite Paper ($223k), and Antiknock ($214k). Over the past 5 years the exports of Estonia to Turkmenistan have decreased at an annualized rate of 33.7%, from $15.8M in 2018 to $2.01M in 2023.

In 2023, Estonia did not export any services to Turkmenistan.

Turkmenistan-Estonia Trade: In 2023, Turkmenistan exported $20.4k to Estonia. The main products that Turkmenistan exported to Estonia were House Linens ($20.4k). Over the past 5 years the exports of Turkmenistan to Estonia have decreased at an annualized rate of 6.48%,  from $28.5k in 2018 to $20.4k in 2023.

In 2023, Turkmenistan did not export any services to Estonia.

Comparison In 2023,  Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index. That same year, Turkmenistan ranked 96 in the Economic Complexity Index (ECI -0.69), and 87 in total exports ($15.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Estonia exported $2.01M to Turkmenistan. The main products exported from Estonia to Turkmenistan were Engine Parts ($716k), Composite Paper ($223k), and Antiknock ($214k). During the last 5 years the exports of Estonia to Turkmenistan have decreased at an annualized rate of 33.7%, from $15.8M in 2018 to $2.01M in 2023.

In 2018, Turkmenistan exported $20.4k to Estonia. The main products exported from Turkmenistan to Estonia were House Linens ($20.4k). During the last 5 years the exports of Turkmenistan to Estonia have decreased at an annualized rate of 6.48%, from $28.5k in 2023 to $20.4k in 2018.

Exports from Estonia (Flag) to Turkmenistan (Flag) (2023)

Exports from Turkmenistan (Flag) to Estonia (Flag) (2023)

Latest Data

Trade between Estonia (Flag) and Turkmenistan (Flag)

Estonia Exports

Market Competitiveness

Color
Estonia
Top DestinationFinland$2.71B
Turkmenistan
Top DestinationChina$9.63B

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

In 2023, countries that imported more from Estonia than Turkmenistan included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

In 2023, countries that imported more from Turkmenistan than Estonia included China ($9.63B), Turkey ($1.66B), and Greece ($1.03B).

Difference in imports from Turkmenistan (Flag) and Estonia (Flag) (2023)

Comparative Advantage Estonia - Turkmenistan

Flow
Scale

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

During 2023, Estonia had a large net trade with Turkmenistan in the exports of Machines ($885k), Transportation ($456k), and Chemical Products ($354k).

During 2018, Turkmenistan had a large net trade with Estonia in the exports of Textiles ($20.4k).

Economic Complexity

Competitive Landscape

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

Product Space of Estonia (Flag) and Turkmenistan (Flag) (2023)

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