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 Trade: In 2021, Turkmenistan exported $31.9M to Iran. The main products that Turkmenistan exported to Iran were N/A. Over the past 5 years the exports of Turkmenistan to Iran have increased at an annualized rate of 0.96%, from $30.4M in 2016 to $31.9M in 2021.

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

Iran-Turkmenistan Trade: In 2021, Iran exported $335M to Turkmenistan. The main products that Iran exported to Turkmenistan were N/A. Over the past 5 years the exports of Iran to Turkmenistan have decreased at an annualized rate of 9.35%,  from $547M in 2016 to $335M in 2021.

In 2021, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), 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 5 years the exports of Turkmenistan to Iran have increased at an annualized rate of 0.96%, from $30.4M in 2016 to $31.9M in 2021.

In 2016, Iran exported $335M to Turkmenistan. There were not main exports from Iran to Turkmenistan in 2016. During the last 5 years the exports of Iran to Turkmenistan have decreased at an annualized rate of 9.35%, from $547M in 2021 to $335M in 2016.

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 2022, countries that imported more from Turkmenistan than Iran included China ($8.88B), Uzbekistan ($664M), and Morocco ($193M).

In 2022, countries that imported more from Iran than Turkmenistan included 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 2016, Iran had a large net trade with Turkmenistan in the exports of .

Economic Complexity

Competitive Landscape

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

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

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