2022
Flag
 GDP
$1.32TCURRENT US$
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2012-2022
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GDP GROWTH
43.7%CURRENT US$
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2022
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GDP PC
$4,788CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
30.5%CURRENT US$
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About

Turkmenistan-Indonesia In 2022, Turkmenistan exported $1.56k to Indonesia. The main products that Turkmenistan exported to Indonesia are Gaskets ($661), Non-Knit Men's Suits ($590), and Iron Fasteners ($196). During the last 25 years the exports of Turkmenistan to Indonesia have decreased at an annualized rate of 23.9%, from $1.42M in 1997 to $1.56k in 2022.

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

Indonesia-Turkmenistan In 2022, Indonesia exported $4M to Turkmenistan. The main products that Indonesia exported to Turkmenistan were Soap ($2.07M), Margarine ($996k), and Other Vegetable Oils ($384k). During the last 25 years the exports of Indonesia to Turkmenistan have increased at an annualized rate of 9.49%, from $415k in 1997 to $4M in 2022.

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

Comparison In 2022,  Turkmenistan ranked 81 in the Economic Complexity Index (ECI -0.44), and 95 in total exports ($12.5B). That same year, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.078), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkmenistan exported $1.56k to Indonesia. The main products exported from Turkmenistan to Indonesia were Gaskets ($661), Non-Knit Men's Suits ($590), and Iron Fasteners ($196). During the last 25 years the exports of Turkmenistan to Indonesia have decreased at an annualized rate of 23.9%, from $1.42M in 1997 to $1.56k in 2022.

In 2022, Indonesia exported $4M to Turkmenistan. The main products exported from Indonesia to Turkmenistan were Soap ($2.07M), Margarine ($996k), and Other Vegetable Oils ($384k). During the last 25 years the exports of Indonesia to Turkmenistan have increased at an annualized rate of 9.49%, from $415k in 1997 to $4M in 2022.

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

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

Latest Data

Trade between Turkmenistan (Flag) and Indonesia (Flag)

Indonesia Exports

Market Competitiveness

Color
Turkmenistan
Top Destination
China$8.88B
Indonesia
Top Destination
China$67.7B

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

In 2021, countries that imported more from Turkmenistan than Indonesia were Uzbekistan ($664M), Azerbaijan ($460M), and Kyrgyzstan ($76.5M).

In 2021, countries that imported more from Indonesia than Turkmenistan were China ($67.7B), United States ($31.6B), and Japan ($26.6B).

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

Comparative Advantage Turkmenistan - Indonesia

Flow
Scale

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

During 2022, Turkmenistan had a large net trade with Indonesia in the exports of Machines ($661), Textiles ($590), and Metals ($196).

During 2022, Indonesia had a large net trade with Turkmenistan in the exports of Chemical Products ($2.49M), Animal and Vegetable Bi-Products ($1.41M), and Foodstuffs ($69.6k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Turkmenistan has comparative advantage over Indonesia. Similarly, the more yellow a dot/product is, the more Indonesia has comparative advantage over Turkmenistan.

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

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