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2023
Flag → Flag
Exports $4.07MRnk 172 / 213
2023
Flag → Flag
Top Product $1.71MSoap
2023
Flag → Flag
Exports $647kRnk 45 / 99
2023
Flag → Flag
Top Product $331kInterchangeable Tool Parts
2023
Flag
Economic Complexity (ECI) ECI -0.085Rnk 65 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.69Rnk 96 / 132
2023
Flag  
GDP$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 75 / 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 $4,876CURRENT US$
Rnk 123 / 195
2013-2023
Flag
GDP PC GROWTH36.7%CURRENT US$
Rnk 66 / 195
2023
Flag
GDP PC$8,233CURRENT US$
Rnk 95 / 196
2013-2023
Flag
GDP PC GROWTH24.7%CURRENT US$
Rnk 87 / 195

About

Indonesia-Turkmenistan Trade: In 2023, Indonesia exported $4.07M to Turkmenistan. The main products that Indonesia exported to Turkmenistan were Soap ($1.71M), Margarine ($878k), and Hair Products ($592k). Over the past 5 years the exports of Indonesia to Turkmenistan have increased at an annualized rate of 14.8%, from $2.04M in 2018 to $4.07M in 2023.

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

Turkmenistan-Indonesia Trade: In 2023, Turkmenistan exported $647k to Indonesia. The main products that Turkmenistan exported to Indonesia were Interchangeable Tool Parts ($331k), Machinery Having Individual Functions ($316k), and Silk Fabrics ($129). Over the past 5 years the exports of Turkmenistan to Indonesia have increased at an annualized rate of 6.34%,  from $476k in 2018 to $647k in 2023.

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

Comparison: In 2023,  Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B). 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, Indonesia exported $4.07M to Turkmenistan. The main products exported from Indonesia to Turkmenistan were Soap ($1.71M), Margarine ($878k), and Hair Products ($592k). During the last 5 years the exports of Indonesia to Turkmenistan have increased at an annualized rate of 14.8%, from $2.04M in 2018 to $4.07M in 2023.

In 2018, Turkmenistan exported $647k to Indonesia. The main products exported from Turkmenistan to Indonesia were Interchangeable Tool Parts ($331k), Machinery Having Individual Functions ($316k), and Silk Fabrics ($129). During the last 5 years the exports of Turkmenistan to Indonesia have increased at an annualized rate of 6.34%, from $476k in 2023 to $647k in 2018.

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

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

Latest Data

Trade between Indonesia (Flag) and Turkmenistan (Flag)

Indonesia Exports

Market Competitiveness

Color
Indonesia
Top DestinationChina$70.7B
Turkmenistan
Top DestinationChina$9.63B

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

In 2023, countries that imported more from Indonesia than Turkmenistan included China ($70.7B), United States ($27.9B), and India ($24B).

In 2023, countries that imported more from Turkmenistan than Indonesia included Uzbekistan ($950M), Greece ($1.03B), and Azerbaijan ($687M).

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

Comparative Advantage Indonesia - Turkmenistan

Flow
Scale

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

During 2023, Indonesia had a large net trade with Turkmenistan in the exports of Chemical Products ($2.71M), Animal and Vegetable Bi-Products ($1.21M), and Textiles ($55.1k).

During 2018, Turkmenistan had a large net trade with Indonesia in the exports of Metals ($331k), Machines ($316k), and Textiles ($129).

Economic Complexity

Competitive Landscape

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

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

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