Malaysia (MYS) and Turkmenistan (TKM) Trade | The Observatory of Economic Complexity

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Malaysia-Turkmenistan In 2022, Malaysia exported $8.21M to Turkmenistan. The main products that Malaysia exported to Turkmenistan are Coffee and Tea Extracts ($5.68M), Palm Oil ($715k), and Other Vegetable Oils ($669k). During the last 27 years the exports of Malaysia to Turkmenistan have increased at an annualized rate of 9.08%, from $786k in 1995 to $8.21M in 2022.

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

Turkmenistan-Malaysia In 2022, Turkmenistan exported $110k to Malaysia. The main products that Turkmenistan exported to Malaysia were Oscilloscopes ($72.6k), Carbon ($21.5k), and Non-Knit Men's Suits ($2.76k). During the last 27 years the exports of Turkmenistan to Malaysia have increased at an annualized rate of 0.93%, from $85.8k in 1995 to $110k in 2022.

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

Comparison In 2022, Malaysia ranked 28 in the Economic Complexity Index (ECI 0.96), and 22 in total exports ($378B). That same year, Turkmenistan ranked 81 in the Economic Complexity Index (ECI -0.44), and 95 in total exports ($12.5B).

Latest Trends

September, 2020

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Overview In September 2020, Malaysia exported MYR911k and imported MYR3.73k from Turkmenistan, resulting in a positive trade balance of MYR907k. Between September 2019 and September 2020 the exports of Malaysia have decreased by MYR-2.12M (-70%) from MYR3.03M to MYR911k, while imports decreased by MYR-348k (-98.9%) from MYR351k to MYR3.73k.

Trade In September 2020, the top exports of Malaysia to Turkmenistan were Palm Oil (MYR1.58M), Coffee and Tea Extracts (MYR1.27M), Iron Pipes (MYR1.12M), Coconut Oil (MYR322k), and Commodities not elsewhere specified (MYR2.77k). In September 2020 the top imports of Malaysia from Turkmenistan were Commodities not elsewhere specified (MYR20.6k), Other Measuring Instruments (MYR8.45k), Valves (MYR6.76k), and Flexible Metal Tubing (MYR5.91k).

Growth In September 2020, the decrease in Malaysia's year-by-year exports to Turkmenistan was explained primarily by an decrease in product exports in Coffee and Tea Extracts (MYR-1.24M or -49.5%). In September 2020, the decrease in Malaysia's year-by-year imports from Turkmenistan was explained primarily by an decrease in product imports in Commodities not elsewhere specified (MYR-9.71k or -32%).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Malaysia exported $8.21M to Turkmenistan. The main products exported from Malaysia to Turkmenistan were Coffee and Tea Extracts ($5.68M), Palm Oil ($715k), and Other Vegetable Oils ($669k). During the last 27 years the exports of Malaysia to Turkmenistan have increased at an annualized rate of 9.08%, from $786k in 1995 to $8.21M in 2022.

In 2022, Turkmenistan exported $110k to Malaysia. The main products exported from Turkmenistan to Malaysia were Oscilloscopes ($72.6k), Carbon ($21.5k), and Non-Knit Men's Suits ($2.76k). During the last 27 years the exports of Turkmenistan to Malaysia have increased at an annualized rate of 0.93%, from $85.8k in 1995 to $110k in 2022.

Exports from Malaysia () to Turkmenistan () (2022)

Exports from Turkmenistan () to Malaysia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Malaysia
Top DestinationSingapore$53.8B

Turkmenistan
Top DestinationChina$8.88B

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

In 2021, countries that imported more from Malaysia than Turkmenistan were Singapore ($53.8B), United States ($44.2B), and China ($48.5B).

In 2021, countries that imported more from Turkmenistan than Malaysia were Uzbekistan ($664M), Azerbaijan ($460M), and Georgia ($168M).

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

Comparative Advantage Malaysia - Turkmenistan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Malaysia had a large net trade with Turkmenistan in the exports of Foodstuffs ($5.89M), Animal and Vegetable Bi-Products ($1.82M), and Chemical Products ($334k).

During 2022, Turkmenistan had a large net trade with Malaysia in the exports of Instruments ($74.3k), Chemical Products ($23.2k), and Machines ($8.35k).

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Malaysia has comparative advantage over Turkmenistan. Similarly, the more yellow a dot/product is, the more Turkmenistan has comparative advantage over Malaysia.

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Latest Trends

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Latest Trade

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Historical Data

Bilateral Trade by Products

Exports from Malaysia () to Turkmenistan () (2022)

Exports from Turkmenistan () to Malaysia () (2022)

Market Competitiveness

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

Comparative Advantage Malaysia - Turkmenistan

Economic Complexity

Competitive Landscape

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

About

Latest Trends

About

Latest Trade

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Historical Data

Bilateral Trade by Products

Exports from Malaysia () to Turkmenistan () (2022)

Exports from Turkmenistan () to Malaysia () (2022)

Market Competitiveness

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

Comparative Advantage Malaysia - Turkmenistan

Economic Complexity

Competitive Landscape

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

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