2023
Flag  
GDP
$60.6BCURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP GROWTH
54.7%CURRENT US$
Rnk 66 / 195
2023
Flag
 GDP
$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 146 / 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
$68,454CURRENT US$
Rnk 14 / 196
2013-2023
Flag
GDP PC GROWTH
11.5%CURRENT US$
Rnk 129 / 195

About

Turkmenistan-Denmark Trade: In 2023, Turkmenistan exported $6.52k to Denmark. The main products that Turkmenistan exported to Denmark were Computers ($3.91k) and Dried Legumes ($2.61k). Over the past 7 years the exports of Turkmenistan to Denmark have increased at an annualized rate of 108%, from $39 in 2016 to $6.52k in 2023.

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

Denmark-Turkmenistan Trade: In 2023, Denmark exported $29.7M to Turkmenistan. The main products that Denmark exported to Turkmenistan were Reaction and Catalytic Products ($27.6M), Medical Instruments ($325k), and Dairy Machinery ($251k). Over the past 7 years the exports of Denmark to Turkmenistan have increased at an annualized rate of 72.6%,  from $1.94M in 2016 to $29.7M in 2023.

In 2023, Denmark 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, Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turkmenistan exported $6.52k to Denmark. The main products exported from Turkmenistan to Denmark were Computers ($3.91k) and Dried Legumes ($2.61k). During the last 7 years the exports of Turkmenistan to Denmark have increased at an annualized rate of 108%, from $39 in 2016 to $6.52k in 2023.

In 2018, Denmark exported $29.7M to Turkmenistan. The main products exported from Denmark to Turkmenistan were Reaction and Catalytic Products ($27.6M), Medical Instruments ($325k), and Dairy Machinery ($251k). During the last 5 years the exports of Denmark to Turkmenistan have increased at an annualized rate of 72.6%, from $1.94M in 2023 to $29.7M in 2018.

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

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

Latest Data

Trade between Turkmenistan (Flag) and Denmark (Flag)

Denmark Exports

Market Competitiveness

Color
Turkmenistan
Top Destination
China$9.63B
Denmark
Top Destination
Germany$14.8B

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

In 2023, countries that imported more from Turkmenistan than Denmark included China ($9.63B), Uzbekistan ($950M), and Azerbaijan ($687M).

In 2023, countries that imported more from Denmark than Turkmenistan included Germany ($14.8B), United States ($12B), and Sweden ($11.2B).

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

Comparative Advantage Turkmenistan - Denmark

Flow
Scale

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

During 2023, Turkmenistan had a large net trade with Denmark in the exports of Machines ($3.91k) and Vegetable Products ($2.61k).

During 2018, Denmark had a large net trade with Turkmenistan in the exports of Chemical Products ($28M), Machines ($989k), and Instruments ($492k).

Economic Complexity

Competitive Landscape

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

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

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