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2022
Flag → Flag
Exports $3.54kRnk 78 / 95
2022
Flag → Flag
Top Product $3.54kNon-Knit Men's Suits
2022
Flag → Flag
Exports $17.9kRnk 38 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.56Rnk 90 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag
 GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186

About

Turkmenistan-Ecuador Trade: In 2022, Turkmenistan exported $3.54k to Ecuador. The main products that Turkmenistan exported to Ecuador were Non-Knit Men's Suits ($3.54k). Over the past 7 years the exports of Turkmenistan to Ecuador have decreased at an annualized rate of 39.5%, from $119k in 2015 to $3.54k in 2022.

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

Ecuador-Turkmenistan Trade: In 2022, Ecuador exported $17.9k to Turkmenistan. The main products that Ecuador exported to Turkmenistan were N/A. Over the past 7 years the exports of Ecuador to Turkmenistan have decreased at an annualized rate of 48.9%,  from $512k in 2015 to $17.9k in 2022.

In 2022, Ecuador 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, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkmenistan exported $3.54k to Ecuador. The main products exported from Turkmenistan to Ecuador were Non-Knit Men's Suits ($3.54k). During the last 7 years the exports of Turkmenistan to Ecuador have decreased at an annualized rate of 39.5%, from $119k in 2015 to $3.54k in 2022.

In 2016, Ecuador exported $17.9k to Turkmenistan. There were not main exports from Ecuador to Turkmenistan in 2016. During the last 5 years the exports of Ecuador to Turkmenistan have decreased at an annualized rate of 48.9%, from $512k in 2021 to $17.9k in 2016.

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

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

Latest Data

Trade between Turkmenistan (Flag) and Ecuador (Flag)

Ecuador Exports

Market Competitiveness

Color
Turkmenistan
Top DestinationChina$8.88B
Ecuador
Top DestinationUnited States$9.86B

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

In 2022, countries that imported more from Turkmenistan than Ecuador included China ($8.88B), Turkey ($884M), and Uzbekistan ($664M).

In 2022, countries that imported more from Ecuador than Turkmenistan included United States ($9.86B), Panama ($4.97B), and Chile ($1.34B).

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

Comparative Advantage Turkmenistan - Ecuador

Flow
Scale

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

During 2022, Turkmenistan had a large net trade with Ecuador in the exports of Textiles ($3.54k).

During 2016, Ecuador 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 Ecuador. This means that a dot/product with the flag of Turkmenistan indicates it has a comparative advantage over Ecuador. Similarly, a dot/product with the flag of Ecuador indicates it has a comparative advantage over Turkmenistan.

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

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