2023
Flag  
GDP
$60.6BCURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP GROWTH
54.7%CURRENT US$
Rnk 66 / 195
2023
Flag
 GDP
$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH
-4.87%CURRENT US$
Rnk 176 / 195
2023
Flag
GDP PC 
$8,233CURRENT US$
Rnk 95 / 195
2013-2023
Flag
GDP PC GROWTH
24.7%CURRENT US$
Rnk 87 / 195
2023
Flag
GDP PC
$6,947CURRENT US$
Rnk 104 / 196
2013-2023
Flag
GDP PC GROWTH
-16.1%CURRENT US$
Rnk 173 / 195

About

Turkmenistan-Colombia Trade: In 2023, Turkmenistan exported $21.1k to Colombia. The main products that Turkmenistan exported to Colombia were Perfumes ($21.1k). Over the past 5 years the exports of Turkmenistan to Colombia have increased at an annualized rate of 56.4%, from $2.26k in 2018 to $21.1k in 2023.

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

Colombia-Turkmenistan Trade: In 2023, Colombia exported $80.6k to Turkmenistan. The main products that Colombia exported to Turkmenistan were N/A. Over the past 5 years the exports of Colombia to Turkmenistan have increased at an annualized rate of 59.2%,  from $7.88k in 2018 to $80.6k in 2023.

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

Comparison: In 2023,  Turkmenistan ranked 96 in the Economic Complexity Index (ECI -0.69), and 87 in total exports ($15.3B). That same year, Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turkmenistan exported $21.1k to Colombia. The main products exported from Turkmenistan to Colombia were Perfumes ($21.1k). During the last 5 years the exports of Turkmenistan to Colombia have increased at an annualized rate of 56.4%, from $2.26k in 2018 to $21.1k in 2023.

In 2016, Colombia exported $80.6k to Turkmenistan. There were not main exports from Colombia to Turkmenistan in 2016. During the last 5 years the exports of Colombia to Turkmenistan have increased at an annualized rate of 59.2%, from $7.88k in 2021 to $80.6k in 2016.

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

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

Latest Data

Trade between Turkmenistan (Flag) and Colombia (Flag)

Colombia Exports

Market Competitiveness

Color
Turkmenistan
Top Destination
China$9.63B
Colombia
Top Destination
United States$14.8B

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

In 2023, countries that imported more from Turkmenistan than Colombia included China ($9.63B), Greece ($1.03B), and Uzbekistan ($950M).

In 2023, countries that imported more from Colombia than Turkmenistan included United States ($14.8B), Panama ($4.66B), and Netherlands ($2.38B).

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

Comparative Advantage Turkmenistan - Colombia

Flow
Scale

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

During 2023, Turkmenistan had a large net trade with Colombia in the exports of Chemical Products ($21.1k).

During 2016, Colombia had a large net trade with Turkmenistan in the exports of .

Economic Complexity

Competitive Landscape

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

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

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