2022
Flag
 GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC
$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH
14.5%CURRENT US$
Rnk 99 / 186

About

Turkmenistan-Denmark Trade: In 2022, Turkmenistan exported $55.5k to Denmark. The main products that Turkmenistan exported to Denmark were Broadcasting Equipment ($53.5k), Computers ($1.73k), and Insulated Wire ($180). Over the past 8 years the exports of Turkmenistan to Denmark have increased at an annualized rate of 42.4%, from $3.29k in 2014 to $55.5k in 2022.

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

Denmark-Turkmenistan Trade: In 2022, Denmark exported $16.7M to Turkmenistan. The main products that Denmark exported to Turkmenistan were Reaction and Catalytic Products ($14.4M), Computers ($570k), and Non-Knit Active Wear ($379k). Over the past 8 years the exports of Denmark to Turkmenistan have decreased at an annualized rate of 4.67%,  from $26.9M in 2014 to $16.7M in 2022.

In 2022, Denmark 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, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkmenistan exported $55.5k to Denmark. The main products exported from Turkmenistan to Denmark were Broadcasting Equipment ($53.5k), Computers ($1.73k), and Insulated Wire ($180). During the last 8 years the exports of Turkmenistan to Denmark have increased at an annualized rate of 42.4%, from $3.29k in 2014 to $55.5k in 2022.

In 2017, Denmark exported $16.7M to Turkmenistan. The main products exported from Denmark to Turkmenistan were Reaction and Catalytic Products ($14.4M), Computers ($570k), and Non-Knit Active Wear ($379k). During the last 5 years the exports of Denmark to Turkmenistan have decreased at an annualized rate of 4.67%, from $26.9M in 2022 to $16.7M in 2017.

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

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

Latest Data

Trade between Turkmenistan (Flag) and Denmark (Flag)

Denmark Exports

Market Competitiveness

Color
Turkmenistan
Top Destination
China$8.88B
Denmark
Top Destination
Germany$18.9B

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

In 2022, countries that imported more from Denmark than Turkmenistan included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

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

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 2022, Turkmenistan had a large net trade with Denmark in the exports of Machines ($55.5k).

During 2017, Denmark had a large net trade with Turkmenistan in the exports of Chemical Products ($14.8M), Machines ($1.19M), and Textiles ($406k).

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) (2022)

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