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2023
Flag → Flag
Exports $2.09MRnk 37 / 99
2023
Flag → Flag
Top Product $2.09MGas Turbines
2023
Flag → Flag
Exports $1.06MRnk 155 / 205
2023
Flag → Flag
Top Product $484kMachinery Having Individual Functions
2023
Flag
Economic Complexity (ECI) ECI -0.69Rnk 96 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.47Rnk 44 / 132
2023
Flag  
GDP$60.6BCURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP GROWTH54.7%CURRENT US$
Rnk 66 / 195
2023
Flag
 GDP$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
GDP PC $8,233CURRENT US$
Rnk 95 / 195
2013-2023
Flag
GDP PC GROWTH24.7%CURRENT US$
Rnk 87 / 195
2023
Flag
GDP PC$87,925CURRENT US$
Rnk 7 / 196
2013-2023
Flag
GDP PC GROWTH-15.1%CURRENT US$
Rnk 171 / 195

About

Turkmenistan-Norway Trade: In 2023, Turkmenistan exported $2.09M to Norway. The main products that Turkmenistan exported to Norway were Gas Turbines ($2.09M), Textile Footwear ($3.38k), and Non-Knit Men's Suits ($217). Over the past 7 years the exports of Turkmenistan to Norway have increased at an annualized rate of 61.6%, from $72.5k in 2016 to $2.09M in 2023.

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

Norway-Turkmenistan Trade: In 2023, Norway exported $1.06M to Turkmenistan. The main products that Norway exported to Turkmenistan were Machinery Having Individual Functions ($484k), Non-fillet Frozen Fish ($212k), and Fish Fillets ($133k). Over the past 7 years the exports of Norway to Turkmenistan have decreased at an annualized rate of 1.13%,  from $1.12M in 2016 to $1.06M in 2023.

In 2023, Norway 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, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turkmenistan exported $2.09M to Norway. The main products exported from Turkmenistan to Norway were Gas Turbines ($2.09M), Textile Footwear ($3.38k), and Non-Knit Men's Suits ($217). During the last 7 years the exports of Turkmenistan to Norway have increased at an annualized rate of 61.6%, from $72.5k in 2016 to $2.09M in 2023.

In 2018, Norway exported $1.06M to Turkmenistan. The main products exported from Norway to Turkmenistan were Machinery Having Individual Functions ($484k), Non-fillet Frozen Fish ($212k), and Fish Fillets ($133k). During the last 5 years the exports of Norway to Turkmenistan have decreased at an annualized rate of 1.13%, from $1.12M in 2023 to $1.06M in 2018.

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

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

Latest Data

Trade between Turkmenistan (Flag) and Norway (Flag)

Norway Exports

Market Competitiveness

Color
Turkmenistan
Top DestinationChina$9.63B
Norway
Top DestinationGermany$33.8B

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

In 2023, countries that imported more from Turkmenistan than Norway included China ($9.63B), Uzbekistan ($950M), and Azerbaijan ($687M).

In 2023, countries that imported more from Norway than Turkmenistan included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

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

Comparative Advantage Turkmenistan - Norway

Flow
Scale

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

During 2023, Turkmenistan had a large net trade with Norway in the exports of Machines ($2.09M), Footwear and Headwear ($3.38k), and Textiles ($427).

During 2018, Norway had a large net trade with Turkmenistan in the exports of Machines ($547k), Animal Products ($345k), and Textiles ($68.4k).

Economic Complexity

Competitive Landscape

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

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

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