2022
Flag
 GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186

About

Turkmenistan-Germany Trade: In 2022, Turkmenistan exported $4.65M to Germany. The main products that Turkmenistan exported to Germany were Crude Petroleum ($25.1M), Nitrogenous Fertilizers ($2.78M), and Petroleum Jelly ($2.39M). Over the past 5 years the exports of Turkmenistan to Germany have decreased at an annualized rate of 38.3%, from $52.1M in 2017 to $4.65M in 2022.

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

Germany-Turkmenistan Trade: In 2022, Germany exported $415M to Turkmenistan. The main products that Germany exported to Turkmenistan were Tractors ($50.4M), Gas Turbines ($11.3M), and Packaged Medicaments ($10M). Over the past 5 years the exports of Germany to Turkmenistan have increased at an annualized rate of 57.6%,  from $42.7M in 2017 to $415M in 2022.

In 2022, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkmenistan exported $4.65M to Germany. The main products exported from Turkmenistan to Germany were Crude Petroleum ($25.1M), Nitrogenous Fertilizers ($2.78M), and Petroleum Jelly ($2.39M). During the last 5 years the exports of Turkmenistan to Germany have decreased at an annualized rate of 38.3%, from $52.1M in 2017 to $4.65M in 2022.

In 2017, Germany exported $415M to Turkmenistan. The main products exported from Germany to Turkmenistan were Tractors ($50.4M), Gas Turbines ($11.3M), and Packaged Medicaments ($10M). During the last 22 years the exports of Germany to Turkmenistan have increased at an annualized rate of 57.6%, from $42.7M in 1995 to $415M in 2017.

Exports from Turkmenistan (Flag) to Germany (Flag) (2022)

Exports from Germany (Flag) to Turkmenistan (Flag) (2022)

Latest Data

Trade between Turkmenistan (Flag) and Germany (Flag)

Germany Exports

Market Competitiveness

Color
Turkmenistan
Top Destination
China$8.88B
Germany
Top Destination
United States$153B

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

In 2022, no countries were registered that imported more from Turkmenistan than from Germany.

In 2022, countries that imported more from Germany than Turkmenistan included United States ($153B), France ($120B), and Netherlands ($109B).

Difference in imports from Germany (Flag) and Turkmenistan (Flag) (2022)

Comparative Advantage Turkmenistan - Germany

Flow
Scale

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

During 2022, Turkmenistan had a large net trade with Germany in the exports of Mineral Products ($27.5M), Chemical Products ($2.78M), and Machines ($856k).

During 2017, Germany had a large net trade with Turkmenistan in the exports of Machines ($67.8M), Transportation ($61M), and Chemical Products ($23.7M).

Economic Complexity

Competitive Landscape

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

Product Space of Turkmenistan (Flag) and Germany (Flag) (2022)

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