2022
Flag
 GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH
37%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186

About

Turkmenistan-Hong Kong Trade: In 2021, Turkmenistan exported $2.55k to Hong Kong. The main products that Turkmenistan exported to Hong Kong were N/A. Over the past 5 years the exports of Turkmenistan to Hong Kong have decreased at an annualized rate of 61%, from $281k in 2016 to $2.55k in 2021.

In 2021, Turkmenistan did not export any services to Hong Kong.

Hong Kong-Turkmenistan Trade: In 2021, Hong Kong exported $250k to Turkmenistan. The main products that Hong Kong exported to Turkmenistan were Medical Instruments ($234k), Surveying Equipment ($6.44k), and Plastic Pipes ($5.02k). Over the past 5 years the exports of Hong Kong to Turkmenistan have decreased at an annualized rate of 41.3%,  from $3.59M in 2016 to $250k in 2021.

In 2021, Hong Kong 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, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Turkmenistan exported $2.55k to Hong Kong. There were not main exports from Turkmenistan to Hong Kong in 2021. During the last 5 years the exports of Turkmenistan to Hong Kong have decreased at an annualized rate of 61%, from $281k in 2016 to $2.55k in 2021.

In 2017, Hong Kong exported $250k to Turkmenistan. The main products exported from Hong Kong to Turkmenistan were Medical Instruments ($234k), Surveying Equipment ($6.44k), and Plastic Pipes ($5.02k). During the last 5 years the exports of Hong Kong to Turkmenistan have decreased at an annualized rate of 41.3%, from $3.59M in 2022 to $250k in 2017.

Exports from Turkmenistan (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to Turkmenistan (Flag) (2022)

Latest Data

Trade between Turkmenistan (Flag) and Hong Kong (Flag)

Hong Kong Exports

Market Competitiveness

Color
Turkmenistan
Top Destination
China$8.88B
Hong Kong
Top Destination
China$23.4B

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

In 2022, countries that imported more from Turkmenistan than Hong Kong included Uzbekistan ($664M), Azerbaijan ($460M), and Turkey ($884M).

In 2022, countries that imported more from Hong Kong than Turkmenistan included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong (Flag) and Turkmenistan (Flag) (2022)

Comparative Advantage Turkmenistan - Hong Kong

Flow
Scale

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

During 2021, Turkmenistan had a large net trade with Hong Kong in the exports of .

During 2017, Hong Kong had a large net trade with Turkmenistan in the exports of Instruments ($240k), Plastics and Rubbers ($5.02k), and Precious Metals ($4.6k).

Economic Complexity

Competitive Landscape

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

Product Space of Turkmenistan (Flag) and Hong Kong (Flag) (2022)

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