2022
Flag
 GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
GDP PC
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186

About

Turkmenistan-Estonia Trade: In 2022, Turkmenistan exported $2.02M to Estonia. The main products that Turkmenistan exported to Estonia were Petroleum Jelly ($1.33M), Coal Tar Oil ($653k), and Raw Cotton ($36.9k). Over the past 5 years the exports of Turkmenistan to Estonia have increased at an annualized rate of 161%, from $16.8k in 2017 to $2.02M in 2022.

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

Estonia-Turkmenistan Trade: In 2022, Estonia exported $10.3M to Turkmenistan. The main products that Estonia exported to Turkmenistan were Tractors ($9.51M), Engine Parts ($267k), and Malt Extract ($143k). Over the past 5 years the exports of Estonia to Turkmenistan have decreased at an annualized rate of 4.42%,  from $12.9M in 2017 to $10.3M in 2022.

In 2022, Estonia 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, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkmenistan exported $2.02M to Estonia. The main products exported from Turkmenistan to Estonia were Petroleum Jelly ($1.33M), Coal Tar Oil ($653k), and Raw Cotton ($36.9k). During the last 5 years the exports of Turkmenistan to Estonia have increased at an annualized rate of 161%, from $16.8k in 2017 to $2.02M in 2022.

In 2017, Estonia exported $10.3M to Turkmenistan. The main products exported from Estonia to Turkmenistan were Tractors ($9.51M), Engine Parts ($267k), and Malt Extract ($143k). During the last 5 years the exports of Estonia to Turkmenistan have decreased at an annualized rate of 4.42%, from $12.9M in 2022 to $10.3M in 2017.

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

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

Latest Data

Trade between Turkmenistan (Flag) and Estonia (Flag)

Estonia Exports

Market Competitiveness

Color
Turkmenistan
Top Destination
China$8.88B
Estonia
Top Destination
Finland$3B

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

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

In 2022, countries that imported more from Estonia than Turkmenistan included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

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

Comparative Advantage Turkmenistan - Estonia

Flow
Scale

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

During 2022, Turkmenistan had a large net trade with Estonia in the exports of Mineral Products ($1.98M) and Textiles ($36.9k).

During 2017, Estonia had a large net trade with Turkmenistan in the exports of Transportation ($9.58M), Machines ($373k), and Foodstuffs ($143k).

Economic Complexity

Competitive Landscape

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

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

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