Flag Turkmenistan / Slovakia Flag

2021
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Exports
: $1.23k, Rnk 80 / 98

2021
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Top Product
: $482, Knit Women's Suits

2021
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Exports
: $293k, Rnk 158 / 197

2021
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Top Product
: $191k, Surveying Equipment

2021
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Economic Complexity (ECI)
: ECI -0.55, Rnk 86 / 131

2021
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Economic Complexity (ECI)
: ECI 1.31, Rnk 16 / 131

2021
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 GDP
: $115B, CURRENT US$
Rnk 57 / 182

2011-2021
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GDP GROWTH
: 15.5%, CURRENT US$
Rnk 114 / 182

2021
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GDP PC
: $21,088, CURRENT US$
Rnk 42 / 182

2011-2021
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GDP PC GROWTH
: 14.4%, CURRENT US$
Rnk 88 / 182

Turkmenistan-Slovakia In 2021, Turkmenistan exported $1.23k to Slovakia. The main products that Turkmenistan exported to Slovakia are Knit Women's Suits ($482), Non-Knit Men's Coats ($400), and Light Pure Woven Cotton ($345). During the last 26 years the exports of Turkmenistan to Slovakia have decreased at an annualized rate of 26%, from $3.1M in 1995 to $1.23k in 2021.

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

Slovakia-Turkmenistan In 2021, Slovakia exported $293k to Turkmenistan. The main products that Slovakia exported to Turkmenistan were Surveying Equipment ($191k), Air Conditioners ($24.9k), and Central Heating Boilers ($24.1k). During the last 26 years the exports of Slovakia to Turkmenistan have decreased at an annualized rate of 8.39%, from $2.86M in 1995 to $293k in 2021.

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

Comparison In 2021,  Turkmenistan ranked 86 in the Economic Complexity Index (ECI -0.55), and 108 in total exports ($7.2B). That same year, Slovakia ranked 16 in the Economic Complexity Index (ECI 1.31), and 38 in total exports ($104B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Turkmenistan exported $1.23k to Slovakia. The main products exported from Turkmenistan to Slovakia were Knit Women's Suits ($482), Non-Knit Men's Coats ($400), and Light Pure Woven Cotton ($345). During the last 26 years the exports of Turkmenistan to Slovakia have decreased at an annualized rate of 26%, from $3.1M in 1995 to $1.23k in 2021.

In 2021, Slovakia exported $293k to Turkmenistan. The main products exported from Slovakia to Turkmenistan were Surveying Equipment ($191k), Air Conditioners ($24.9k), and Central Heating Boilers ($24.1k). During the last 26 years the exports of Slovakia to Turkmenistan have decreased at an annualized rate of 8.39%, from $2.86M in 1995 to $293k in 2021.

Slovakia Exports

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Market Competitiveness

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Color

Turkmenistan
Top Destination
: China, $4.79B

Slovakia
Top Destination
: Germany, $21.8B

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

In 2021, countries that imported more from Turkmenistan than Slovakia were China ($4.79B), Uzbekistan ($630M), and Georgia ($205M).

In 2021, countries that imported more from Slovakia than Turkmenistan were Germany ($21.8B), Czechia ($11.6B), and Poland ($8.47B).

Comparative Advantage Turkmenistan - Slovakia

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Flow
Scale

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

During 2021, Turkmenistan had a large net trade with Slovakia in the exports of Textiles ($1.23k).

During 2021, Slovakia had a large net trade with Turkmenistan in the exports of Instruments ($191k), Machines ($83k), and Foodstuffs ($18.6k).

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Turkmenistan has comparative advantage over Slovakia. Similarly, the more yellow a dot/product is, the more Slovakia has comparative advantage over Turkmenistan.