Turkmenistan (TKM) and Finland (FIN) Trade | The Observatory of Economic Complexity

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Turkmenistan-Finland Trade: In 2022, Turkmenistan exported $35.6k to Finland. The main products that Turkmenistan exported to Finland were Gas and Liquid Flow Measuring Instruments ($30.6k), Vegetable Saps ($4.98k), and Sauces and Seasonings ($15). Over the past 5 years the exports of Turkmenistan to Finland have decreased at an annualized rate of 2.91%, from $41.3k in 2017 to $35.6k in 2022.

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

Finland-Turkmenistan Trade: In 2022, Finland exported $2.64M to Turkmenistan. The main products that Finland exported to Turkmenistan were Uncoated Paper ($1.03M), Cheese ($328k), and Composite Paper ($304k). Over the past 5 years the exports of Finland to Turkmenistan have decreased at an annualized rate of 26.8%, from $12.6M in 2017 to $2.64M in 2022.

In 2022, Finland 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, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Turkmenistan exported $35.6k to Finland. The main products exported from Turkmenistan to Finland were Gas and Liquid Flow Measuring Instruments ($30.6k), Vegetable Saps ($4.98k), and Sauces and Seasonings ($15). During the last 5 years the exports of Turkmenistan to Finland have decreased at an annualized rate of 2.91%, from $41.3k in 2017 to $35.6k in 2022.

In 2017, Finland exported $2.64M to Turkmenistan. The main products exported from Finland to Turkmenistan were Uncoated Paper ($1.03M), Cheese ($328k), and Composite Paper ($304k). During the last 5 years the exports of Finland to Turkmenistan have decreased at an annualized rate of 26.8%, from $12.6M in 2022 to $2.64M in 2017.

Exports from Turkmenistan () to Finland () (2022)

Exports from Finland () to Turkmenistan () (2022)

Latest Data

Trade between Turkmenistan () and Finland ()

Finland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkmenistan
Top DestinationChina$8.88B

Finland
Top DestinationGermany$9.99B

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

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

In 2022, countries that imported more from Finland than Turkmenistan included Germany ($9.99B), United States ($9.17B), and Sweden ($9.1B).

Difference in imports from Finland () and Turkmenistan () (2022)

Comparative Advantage Turkmenistan - Finland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Turkmenistan had a large net trade with Finland in the exports of Instruments ($30.6k), Vegetable Products ($4.98k), and Foodstuffs ($15).

During 2017, Finland had a large net trade with Turkmenistan in the exports of Paper Goods ($1.63M), Animal Products ($425k), and Machines ($267k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Turkmenistan () to Finland () (2022)

Exports from Finland () to Turkmenistan () (2022)

Latest Data

Trade between Turkmenistan () and Finland ()

Finland Exports

Market Competitiveness

Difference in imports from Finland () and Turkmenistan () (2022)

Comparative Advantage Turkmenistan - Finland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Turkmenistan () and Finland () (2022)

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