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2022
Flag → Flag
Exports $6.23MRnk 32 / 95
2022
Flag → Flag
Top Product $3.52MNitrogenous Fertilizers
2022
Flag → Flag
Exports $4.27MRnk 177 / 218
2022
Flag → Flag
Top Product $673kCocoa Powder
2022
Flag
Economic Complexity (ECI) ECI -0.56Rnk 90 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
Flag
 GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
GDP PC$29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186

About

Turkmenistan-Spain Trade: In 2022, Turkmenistan exported $6.23M to Spain. The main products that Turkmenistan exported to Spain were Nitrogenous Fertilizers ($3.52M), Ethylene Polymers ($1.82M), and Cast Iron Pipes ($388k). Over the past 5 years the exports of Turkmenistan to Spain have decreased at an annualized rate of 13%, from $12.5M in 2017 to $6.23M in 2022.

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

Spain-Turkmenistan Trade: In 2022, Spain exported $4.27M to Turkmenistan. The main products that Spain exported to Turkmenistan were Cocoa Powder ($673k), Liquid Pumps ($590k), and Unglazed Ceramics ($536k). Over the past 5 years the exports of Spain to Turkmenistan have decreased at an annualized rate of 11.9%,  from $8.06M in 2017 to $4.27M in 2022.

In 2022, Spain 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkmenistan exported $6.23M to Spain. The main products exported from Turkmenistan to Spain were Nitrogenous Fertilizers ($3.52M), Ethylene Polymers ($1.82M), and Cast Iron Pipes ($388k). During the last 5 years the exports of Turkmenistan to Spain have decreased at an annualized rate of 13%, from $12.5M in 2017 to $6.23M in 2022.

In 2017, Spain exported $4.27M to Turkmenistan. The main products exported from Spain to Turkmenistan were Cocoa Powder ($673k), Liquid Pumps ($590k), and Unglazed Ceramics ($536k). During the last 5 years the exports of Spain to Turkmenistan have decreased at an annualized rate of 11.9%, from $8.06M in 2022 to $4.27M in 2017.

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

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

Latest Data

Trade between Turkmenistan (Flag) and Spain (Flag)

Spain Exports

Market Competitiveness

Color
Turkmenistan
Top DestinationChina$8.88B
Spain
Top DestinationFrance$65.2B

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

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

In 2022, countries that imported more from Spain than Turkmenistan included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

Comparative Advantage Turkmenistan - Spain

Flow
Scale

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

During 2022, Turkmenistan had a large net trade with Spain in the exports of Chemical Products ($3.79M), Plastics and Rubbers ($1.86M), and Metals ($388k).

During 2017, Spain had a large net trade with Turkmenistan in the exports of Machines ($1.48M), Foodstuffs ($1M), and Stone And Glass ($601k).

Economic Complexity

Competitive Landscape

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

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

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