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2023
Flag → Flag
Exports $5.67kRnk 75 / 99
2023
Flag → Flag
Top Product $4.61kNon-Knit Men's Suits
2023
Flag → Flag
Exports $15kRnk 159 / 174
2023
Flag → Flag
Top Product $15kCut Flowers
2023
Flag
Economic Complexity (ECI) ECI -0.69Rnk 96 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 104 / 132
2023
Flag  
GDP$60.6BCURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP GROWTH54.7%CURRENT US$
Rnk 66 / 195
2023
Flag
 GDP$119BCURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP GROWTH23.1%CURRENT US$
Rnk 131 / 195
2023
Flag
GDP PC $8,233CURRENT US$
Rnk 95 / 195
2013-2023
Flag
GDP PC GROWTH24.7%CURRENT US$
Rnk 87 / 195
2023
Flag
GDP PC$6,610CURRENT US$
Rnk 109 / 196
2013-2023
Flag
GDP PC GROWTH8.19%CURRENT US$
Rnk 141 / 195

About

Turkmenistan-Ecuador Trade: In 2023, Turkmenistan exported $5.67k to Ecuador. The main products that Turkmenistan exported to Ecuador were Non-Knit Men's Suits ($4.61k) and Non-Knit Women's Suits ($1.06k). Over the past 7 years the exports of Turkmenistan to Ecuador have decreased at an annualized rate of 29.3%, from $64.3k in 2016 to $5.67k in 2023.

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

Ecuador-Turkmenistan Trade: In 2023, Ecuador exported $15k to Turkmenistan. The main products that Ecuador exported to Turkmenistan were Cut Flowers ($15k). Over the past 7 years the exports of Ecuador to Turkmenistan have decreased at an annualized rate of 30.9%,  from $95.1k in 2016 to $15k in 2023.

In 2023, Ecuador 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, Ecuador ranked 104 in the Economic Complexity Index (ECI -0.85), and 65 in total exports ($37.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turkmenistan exported $5.67k to Ecuador. The main products exported from Turkmenistan to Ecuador were Non-Knit Men's Suits ($4.61k) and Non-Knit Women's Suits ($1.06k). During the last 7 years the exports of Turkmenistan to Ecuador have decreased at an annualized rate of 29.3%, from $64.3k in 2016 to $5.67k in 2023.

In 2018, Ecuador exported $15k to Turkmenistan. The main products exported from Ecuador to Turkmenistan were Cut Flowers ($15k). During the last 5 years the exports of Ecuador to Turkmenistan have decreased at an annualized rate of 30.9%, from $95.1k in 2023 to $15k in 2018.

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

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

Latest Data

Trade between Turkmenistan (Flag) and Ecuador (Flag)

Ecuador Exports

Market Competitiveness

Color
Turkmenistan
Top DestinationChina$9.63B
Ecuador
Top DestinationUnited States$8.34B

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 2023, countries that imported more from Turkmenistan than Ecuador included China ($9.63B), Turkey ($1.66B), and Uzbekistan ($950M).

In 2023, countries that imported more from Ecuador than Turkmenistan included United States ($8.34B), Panama ($4.38B), and Japan ($1.24B).

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

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 2023, Turkmenistan had a large net trade with Ecuador in the exports of Textiles ($5.67k).

During 2018, Ecuador had a large net trade with Turkmenistan in the exports of Vegetable Products ($15k).

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) (2023)

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