2023
Flag  
GDP
$60.6BCURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP GROWTH
54.7%CURRENT US$
Rnk 66 / 195
2023
Flag
 GDP
$15.8BCURRENT US$
Rnk 135 / 195
2013-2023
Flag
GDP GROWTH
45.7%CURRENT US$
Rnk 83 / 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
$8,624CURRENT US$
Rnk 92 / 196
2013-2023
Flag
GDP PC GROWTH
53.3%CURRENT US$
Rnk 42 / 195

About

Turkmenistan-North Macedonia Trade: In 2023, Turkmenistan exported $7.46M to North Macedonia. The main products that Turkmenistan exported to North Macedonia were Refined Petroleum ($6.94M), Nitrogenous Fertilizers ($523k), and Other Small Iron Pipes ($18). Over the past 5 years the exports of Turkmenistan to North Macedonia have increased at an annualized rate of 197%, from $32.2k in 2018 to $7.46M in 2023.

In 2023, Turkmenistan did not export any services to North Macedonia.

North Macedonia-Turkmenistan Trade: In 2023, North Macedonia exported $54.7k to Turkmenistan. The main products that North Macedonia exported to Turkmenistan were N/A. Over the past 5 years the exports of North Macedonia to Turkmenistan have decreased at an annualized rate of 15.4%,  from $126k in 2018 to $54.7k in 2023.

In 2023, North Macedonia 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, North Macedonia ranked 104 in total exports ($10.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turkmenistan exported $7.46M to North Macedonia. The main products exported from Turkmenistan to North Macedonia were Refined Petroleum ($6.94M), Nitrogenous Fertilizers ($523k), and Other Small Iron Pipes ($18). During the last 5 years the exports of Turkmenistan to North Macedonia have increased at an annualized rate of 197%, from $32.2k in 2018 to $7.46M in 2023.

In 2011, North Macedonia exported $54.7k to Turkmenistan. There were not main exports from North Macedonia to Turkmenistan in 2011. During the last 5 years the exports of North Macedonia to Turkmenistan have decreased at an annualized rate of 15.4%, from $126k in 2016 to $54.7k in 2011.

Exports from Turkmenistan (Flag) to North Macedonia (Flag) (2023)

Exports from North Macedonia (Flag) to Turkmenistan (Flag) (2023)

Latest Data

Trade between Turkmenistan (Flag) and North Macedonia (Flag)

North Macedonia Exports

Market Competitiveness

Color
Turkmenistan
Top Destination
China$9.63B
North Macedonia
Top Destination
Germany$4B

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

In 2023, countries that imported more from Turkmenistan than North Macedonia included China ($9.63B), Turkey ($1.66B), and Uzbekistan ($950M).

In 2023, countries that imported more from North Macedonia than Turkmenistan included Germany ($4B), Serbia ($827M), and Bulgaria ($566M).

Difference in imports from North Macedonia (Flag) and Turkmenistan (Flag) (2023)

Comparative Advantage Turkmenistan - North Macedonia

Flow
Scale

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

During 2023, Turkmenistan had a large net trade with North Macedonia in the exports of Mineral Products ($6.94M), Chemical Products ($523k), and Metals ($18).

During 2011, North Macedonia 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 North Macedonia. This means that a dot/product with the flag of Turkmenistan indicates it has a comparative advantage over North Macedonia. Similarly, a dot/product with the flag of North Macedonia indicates it has a comparative advantage over Turkmenistan.

Product Space of Turkmenistan (Flag) and North Macedonia (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with