2022
Flag
 GDP
$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH
-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC
$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH
-47.3%CURRENT US$
Rnk 183 / 186

About

Turkmenistan-Iran In 2021, Turkmenistan exported $31.9M to Iran. The main products that Turkmenistan exported to Iran are N/A. During the last 24 years the exports of Turkmenistan to Iran have increased at an annualized rate of 7.9%, from $5.15M in 1997 to $31.9M in 2021.

In 2021, Turkmenistan did not export any services to Iran.

Iran-Turkmenistan In 2021, Iran exported $335M to Turkmenistan. The main products that Iran exported to Turkmenistan were N/A. During the last 24 years the exports of Iran to Turkmenistan have increased at an annualized rate of 3.52%, from $146M in 1997 to $335M in 2021.

In 2021, Iran 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, Iran ranked 58 in the Economic Complexity Index (ECI 0.071), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Turkmenistan exported $31.9M to Iran. There were not main exports from Turkmenistan to Iran in 2021. During the last 24 years the exports of Turkmenistan to Iran have increased at an annualized rate of 7.9%, from $5.15M in 1997 to $31.9M in 2021.

In 2021, Iran exported $335M to Turkmenistan. There were not main exports from Iran to Turkmenistan in 2021. During the last 24 years the exports of Iran to Turkmenistan have increased at an annualized rate of 3.52%, from $146M in 1997 to $335M in 2021.

Exports from Turkmenistan (Flag) to Iran (Flag) (2021)

Exports from Iran (Flag) to Turkmenistan (Flag) (2021)

Market Competitiveness

Color
Turkmenistan
Top Destination
China$8.88B
Iran
Top Destination
China$5.72B

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

In 2021, countries that imported more from Turkmenistan than Iran were China ($8.88B), Uzbekistan ($664M), and Morocco ($193M).

In 2021, countries that imported more from Iran than Turkmenistan were Turkey ($3.17B), Kuwait ($960M), and Pakistan ($762M).

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

Comparative Advantage Turkmenistan - Iran

Flow
Scale

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

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

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

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 Iran. Similarly, the more yellow a dot/product is, the more Iran has comparative advantage over Turkmenistan.

Product Space of Turkmenistan (Flag) and Iran (Flag) (2021)

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