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

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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.

Austria-Turkmenistan Trade: In 2022, Austria exported $26.1M to Turkmenistan. The main products that Austria exported to Turkmenistan were Artificial Textile Machinery ($4.12M), Iron Pipes ($2.88M), and Vaccines, blood, antisera, toxins and cultures ($2.17M). 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.

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

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, 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 2017 to $81.2k in 2022.

In 2017, Austria exported $26.1M to Turkmenistan. The main products exported from Austria to Turkmenistan were Artificial Textile Machinery ($4.12M), Iron Pipes ($2.88M), and Vaccines, blood, antisera, toxins and cultures ($2.17M). During the last 5 years the exports of Austria to Turkmenistan have decreased at an annualized rate of 1.78%, from $28.6M in 2022 to $26.1M in 2017.

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

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

Latest Data

Trade between Turkmenistan () and Austria ()

Austria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkmenistan
Top DestinationChina$8.88B

Austria
Top DestinationGermany$57.7B

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

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

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

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

Comparative Advantage Turkmenistan - Austria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Turkmenistan had a large net trade with Austria in the exports of Foodstuffs ($28.1k), Machines ($20.9k), and Textiles ($15.8k).

During 2017, Austria had a large net trade with Turkmenistan in the exports of Machines ($9.55M), Chemical Products ($5.47M), and Metals ($3.82M).

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 Turkmenistan and Austria. This means that a dot/product with the flag of Turkmenistan indicates it has a comparative advantage over Austria. Similarly, a dot/product with the flag of Austria indicates it has a comparative advantage over Turkmenistan.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Turkmenistan () and Austria ()

Austria Exports

Market Competitiveness

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

Comparative Advantage Turkmenistan - Austria

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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