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2023
Flag → Flag
Exports $57.3MRnk 13 / 99
2023
Flag → Flag
Top Product $55.9MRefined Petroleum
2023
Flag → Flag
Exports $6.34MRnk 176 / 220
2023
Flag → Flag
Top Product $806kWood Carpentry
2023
Flag
Economic Complexity (ECI) ECI -0.69Rnk 96 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag  
GDP$60.6BCURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP GROWTH54.7%CURRENT US$
Rnk 66 / 195
2023
Flag
 GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH18.9%CURRENT US$
Rnk 143 / 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$33,509CURRENT US$
Rnk 40 / 196
2013-2023
Flag
GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195

About

Turkmenistan-Spain Trade: In 2023, Turkmenistan exported $57.3M to Spain. The main products that Turkmenistan exported to Spain were Refined Petroleum ($55.9M), Nitrogenous Fertilizers ($833k), and Ethylene Polymers ($223k). Over the past 5 years the exports of Turkmenistan to Spain have increased at an annualized rate of 163%, from $451k in 2018 to $57.3M in 2023.

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

Spain-Turkmenistan Trade: In 2023, Spain exported $6.34M to Turkmenistan. The main products that Spain exported to Turkmenistan were Wood Carpentry ($806k), Refractory Bricks ($798k), and Other Electrical Machinery ($596k). Over the past 5 years the exports of Spain to Turkmenistan have increased at an annualized rate of 6.75%,  from $4.57M in 2018 to $6.34M in 2023.

In 2023, Spain 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, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turkmenistan exported $57.3M to Spain. The main products exported from Turkmenistan to Spain were Refined Petroleum ($55.9M), Nitrogenous Fertilizers ($833k), and Ethylene Polymers ($223k). During the last 5 years the exports of Turkmenistan to Spain have increased at an annualized rate of 163%, from $451k in 2018 to $57.3M in 2023.

In 2018, Spain exported $6.34M to Turkmenistan. The main products exported from Spain to Turkmenistan were Wood Carpentry ($806k), Refractory Bricks ($798k), and Other Electrical Machinery ($596k). During the last 5 years the exports of Spain to Turkmenistan have increased at an annualized rate of 6.75%, from $4.57M in 2023 to $6.34M in 2018.

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

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

Latest Data

Trade between Turkmenistan (Flag) and Spain (Flag)

Spain Exports

Market Competitiveness

Color
Turkmenistan
Top DestinationChina$9.63B
Spain
Top DestinationFrance$61.9B

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

In 2023, countries that imported more from Spain than Turkmenistan included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

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

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 2023, Turkmenistan had a large net trade with Spain in the exports of Mineral Products ($55.9M), Chemical Products ($833k), and Textiles ($279k).

During 2018, Spain had a large net trade with Turkmenistan in the exports of Stone And Glass ($1.63M), Machines ($1.12M), and Wood Products ($808k).

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) (2023)

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