2023
Flag  
GDP
$60.6BCURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP GROWTH
54.7%CURRENT US$
Rnk 66 / 195
2023
Flag
 GDP
$79.8BCURRENT US$
Rnk 78 / 195
2013-2023
Flag
GDP GROWTH
72.3%CURRENT US$
Rnk 39 / 195
2023
Flag
GDP PC 
$8,233CURRENT US$
Rnk 95 / 195
2013-2023
Flag
GDP PC GROWTH
24.7%CURRENT US$
Rnk 87 / 195
2023
Flag
GDP PC
$27,786CURRENT US$
Rnk 49 / 196
2013-2023
Flag
GDP PC GROWTH
77.5%CURRENT US$
Rnk 18 / 195

About

Turkmenistan-Lithuania Trade: In 2023, Turkmenistan exported $1.13M to Lithuania. The main products that Turkmenistan exported to Lithuania were Polishes and Creams ($461k), Nitrogenous Fertilizers ($405k), and Light Pure Woven Cotton ($105k). Over the past 5 years the exports of Turkmenistan to Lithuania have increased at an annualized rate of 29.9%, from $305k in 2018 to $1.13M in 2023.

In 2023, Turkmenistan did not export any services to Lithuania.

Lithuania-Turkmenistan Trade: In 2023, Lithuania exported $16M to Turkmenistan. The main products that Lithuania exported to Turkmenistan were Trailers and semi-trailers, not mechanically propelled vehicles ($4.38M), Tractors ($3.36M), and Packaged Medicaments ($2.52M). Over the past 5 years the exports of Lithuania to Turkmenistan have increased at an annualized rate of 11.1%,  from $9.42M in 2018 to $16M in 2023.

In 2023, Lithuania did not export any services to Turkmenistan.

Comparison: In 2023,  Turkmenistan ranked 96 in the Economic Complexity Index (ECI -0.69), and 87 in total exports ($15.3B). That same year, Lithuania ranked 32 in the Economic Complexity Index (ECI 0.85), and 63 in total exports ($41B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turkmenistan exported $1.13M to Lithuania. The main products exported from Turkmenistan to Lithuania were Polishes and Creams ($461k), Nitrogenous Fertilizers ($405k), and Light Pure Woven Cotton ($105k). During the last 5 years the exports of Turkmenistan to Lithuania have increased at an annualized rate of 29.9%, from $305k in 2018 to $1.13M in 2023.

In 2018, Lithuania exported $16M to Turkmenistan. The main products exported from Lithuania to Turkmenistan were Trailers and semi-trailers, not mechanically propelled vehicles ($4.38M), Tractors ($3.36M), and Packaged Medicaments ($2.52M). During the last 5 years the exports of Lithuania to Turkmenistan have increased at an annualized rate of 11.1%, from $9.42M in 2023 to $16M in 2018.

Exports from Turkmenistan (Flag) to Lithuania (Flag) (2023)

Exports from Lithuania (Flag) to Turkmenistan (Flag) (2023)

Latest Data

Trade between Turkmenistan (Flag) and Lithuania (Flag)

Lithuania Exports

Market Competitiveness

Color
Turkmenistan
Top Destination
China$9.63B
Lithuania
Top Destination
Latvia$4.44B

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

In 2023, countries that imported more from Turkmenistan than Lithuania included China ($9.63B), Turkey ($1.66B), and Greece ($1.03B).

In 2023, countries that imported more from Lithuania than Turkmenistan included Latvia ($4.44B), Poland ($3.37B), and Germany ($2.83B).

Difference in imports from Lithuania (Flag) and Turkmenistan (Flag) (2023)

Comparative Advantage Turkmenistan - Lithuania

Flow
Scale

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

During 2023, Turkmenistan had a large net trade with Lithuania in the exports of Chemical Products ($866k), Textiles ($167k), and Transportation ($54.9k).

During 2018, Lithuania had a large net trade with Turkmenistan in the exports of Transportation ($7.9M), Chemical Products ($3.65M), and Foodstuffs ($1.28M).

Economic Complexity

Competitive Landscape

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

Product Space of Turkmenistan (Flag) and Lithuania (Flag) (2023)

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