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2022
Flag → Flag
Exports $415kRnk 47 / 95
2022
Flag → Flag
Top Product $109kNon-Knit Men's Suits
2022
Flag → Flag
Exports $49.2kRnk 112 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.56Rnk 90 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.44Rnk 46 / 133
2022
Flag
 GDP$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
GDP PC$43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH-15.7%CURRENT US$
Rnk 166 / 186

About

Turkmenistan-Kuwait Trade: In 2022, Turkmenistan exported $415k to Kuwait. The main products that Turkmenistan exported to Kuwait were Non-Knit Men's Suits ($109k), Knit Babies' Garments ($42.9k), and Knit Sweaters ($32.6k). Over the past 6 years the exports of Turkmenistan to Kuwait have increased at an annualized rate of 13.5%, from $194k in 2016 to $415k in 2022.

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

Kuwait-Turkmenistan Trade: In 2022, Kuwait exported $49.2k to Turkmenistan. The main products that Kuwait exported to Turkmenistan were N/A. Over the past 6 years the exports of Kuwait to Turkmenistan have decreased at an annualized rate of 6.57%,  from $69.1k in 2016 to $49.2k in 2022.

In 2022, Kuwait 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, Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkmenistan exported $415k to Kuwait. The main products exported from Turkmenistan to Kuwait were Non-Knit Men's Suits ($109k), Knit Babies' Garments ($42.9k), and Knit Sweaters ($32.6k). During the last 6 years the exports of Turkmenistan to Kuwait have increased at an annualized rate of 13.5%, from $194k in 2016 to $415k in 2022.

In 2010, Kuwait exported $49.2k to Turkmenistan. There were not main exports from Kuwait to Turkmenistan in 2010. During the last 5 years the exports of Kuwait to Turkmenistan have decreased at an annualized rate of 6.57%, from $69.1k in 2015 to $49.2k in 2010.

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

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

Latest Data

Trade between Turkmenistan (Flag) and Kuwait (Flag)

Kuwait Exports

Date

Market Competitiveness

Color
Turkmenistan
Top DestinationChina$8.88B
Kuwait
Top DestinationChina$24.3B

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

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

In 2022, countries that imported more from Kuwait than Turkmenistan included China ($24.3B), India ($15B), and South Korea ($10.8B).

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

Comparative Advantage Turkmenistan - Kuwait

Flow
Scale

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

During 2022, Turkmenistan had a large net trade with Kuwait in the exports of Textiles ($341k), Footwear and Headwear ($31.1k), and Animal Hides ($27.6k).

During 2010, Kuwait 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 Kuwait. This means that a dot/product with the flag of Turkmenistan indicates it has a comparative advantage over Kuwait. Similarly, a dot/product with the flag of Kuwait indicates it has a comparative advantage over Turkmenistan.

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

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