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Pricing

2022
Flag → Flag
Exports $59.4MRnk 14 / 95
2022
Flag → Flag
Top Product $21.7MRefined Petroleum
2022
Flag → Flag
Exports $17.3MRnk 169 / 224
2022
Flag → Flag
Top Product $2.76MIndustrial Fatty Acids, Oils and Alcohols
2022
Flag
Economic Complexity (ECI) ECI -0.56Rnk 90 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag
 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

Turkmenistan-United Kingdom Trade: In 2022, Turkmenistan exported $59.4M to United Kingdom. The main products that Turkmenistan exported to United Kingdom were Refined Petroleum ($21.7M), Aircraft Parts ($13.3M), and Halogens ($13M). Over the past 5 years the exports of Turkmenistan to United Kingdom have increased at an annualized rate of 19.8%, from $24.1M in 2017 to $59.4M in 2022.

In 2022, Turkmenistan did not export any services to United Kingdom.

United Kingdom-Turkmenistan Trade: In 2022, United Kingdom exported $17.3M to Turkmenistan. The main products that United Kingdom exported to Turkmenistan were Industrial Fatty Acids, Oils and Alcohols ($2.76M), Aircraft Parts ($1.61M), and Packaged Medicaments ($1.47M). Over the past 5 years the exports of United Kingdom to Turkmenistan have decreased at an annualized rate of 18.3%,  from $47.3M in 2017 to $17.3M in 2022.

In 2022, United Kingdom 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, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkmenistan exported $59.4M to United Kingdom. The main products exported from Turkmenistan to United Kingdom were Refined Petroleum ($21.7M), Aircraft Parts ($13.3M), and Halogens ($13M). During the last 5 years the exports of Turkmenistan to United Kingdom have increased at an annualized rate of 19.8%, from $24.1M in 2017 to $59.4M in 2022.

In 2017, United Kingdom exported $17.3M to Turkmenistan. The main products exported from United Kingdom to Turkmenistan were Industrial Fatty Acids, Oils and Alcohols ($2.76M), Aircraft Parts ($1.61M), and Packaged Medicaments ($1.47M). During the last 5 years the exports of United Kingdom to Turkmenistan have decreased at an annualized rate of 18.3%, from $47.3M in 2022 to $17.3M in 2017.

Exports from Turkmenistan (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Turkmenistan (Flag) (2022)

Latest Data

Trade between Turkmenistan (Flag) and United Kingdom (Flag)

United Kingdom Exports

Market Competitiveness

Color
Turkmenistan
Top DestinationChina$8.88B
United Kingdom
Top DestinationUnited States$61.8B

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

In 2022, countries that imported more from Turkmenistan than United Kingdom included Uzbekistan ($664M), Tajikistan ($47.5M), and Georgia ($168M).

In 2022, countries that imported more from United Kingdom than Turkmenistan included United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

Difference in imports from United Kingdom (Flag) and Turkmenistan (Flag) (2022)

Comparative Advantage Turkmenistan - United Kingdom

Flow
Scale

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

During 2022, Turkmenistan had a large net trade with United Kingdom in the exports of Chemical Products ($23M), Mineral Products ($21.7M), and Transportation ($13.3M).

During 2017, United Kingdom had a large net trade with Turkmenistan in the exports of Chemical Products ($6.78M), Machines ($5.92M), and Transportation ($1.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Turkmenistan United Kingdom+N/AN/A
Top Product Potential United Kingdom Turkmenistan+N/AN/A

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Economic Complexity

Competitive Landscape

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

Product Space of Turkmenistan (Flag) and United Kingdom (Flag) (2022)

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