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2023
Flag → Flag
Exports $48.1kRnk 59 / 99
2023
Flag → Flag
Top Product $27.8kCarbon
2023
Flag → Flag
Exports $224kRnk 191 / 212
2023
Flag → Flag
Top Product $83.2kMotor vehicles; parts and accessories (8701 to 8705)
2023
Flag
Economic Complexity (ECI) ECI -0.69Rnk 96 / 132
2023
Flag
Economic Complexity (ECI) ECI 2Rnk 2 / 132
2023
Flag  
GDP$60.6BCURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP GROWTH54.7%CURRENT US$
Rnk 66 / 195
2023
Flag
GDP PC $8,233CURRENT US$
Rnk 95 / 195
2013-2023
Flag
GDP PC GROWTH24.7%CURRENT US$
Rnk 87 / 195

About

Turkmenistan-Chinese Taipei Trade: In 2023, Turkmenistan exported $48.1k to Chinese Taipei. The main products that Turkmenistan exported to Chinese Taipei were Carbon ($27.8k) and Petroleum Coke ($20.3k). Over the past 6 years the exports of Turkmenistan to Chinese Taipei have decreased at an annualized rate of 34.8%, from $624k in 2017 to $48.1k in 2023.

In 2023, Turkmenistan did not export any services to Chinese Taipei.

Chinese Taipei-Turkmenistan Trade: In 2023, Chinese Taipei exported $224k to Turkmenistan. The main products that Chinese Taipei exported to Turkmenistan were Motor vehicles; parts and accessories (8701 to 8705) ($83.2k), Lifting Machinery ($74.2k), and Broadcasting Equipment ($38.2k). Over the past 6 years the exports of Chinese Taipei to Turkmenistan have decreased at an annualized rate of 18.2%,  from $612k in 2017 to $224k in 2023.

In 2023, Chinese Taipei 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, Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turkmenistan exported $48.1k to Chinese Taipei. The main products exported from Turkmenistan to Chinese Taipei were Carbon ($27.8k) and Petroleum Coke ($20.3k). During the last 6 years the exports of Turkmenistan to Chinese Taipei have decreased at an annualized rate of 34.8%, from $624k in 2017 to $48.1k in 2023.

In 2018, Chinese Taipei exported $224k to Turkmenistan. The main products exported from Chinese Taipei to Turkmenistan were Motor vehicles; parts and accessories (8701 to 8705) ($83.2k), Lifting Machinery ($74.2k), and Broadcasting Equipment ($38.2k). During the last 5 years the exports of Chinese Taipei to Turkmenistan have decreased at an annualized rate of 18.2%, from $612k in 2023 to $224k in 2018.

Exports from Turkmenistan (Flag) to Chinese Taipei (Flag) (2023)

Exports from Chinese Taipei (Flag) to Turkmenistan (Flag) (2023)

Market Competitiveness

Color
Turkmenistan
Top DestinationChina$9.63B
Chinese Taipei
Top DestinationChina$101B

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

In 2023, countries that imported more from Turkmenistan than Chinese Taipei included Uzbekistan ($950M), Greece ($1.03B), and Azerbaijan ($687M).

In 2023, countries that imported more from Chinese Taipei than Turkmenistan included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

Difference in imports from Chinese Taipei (Flag) and Turkmenistan (Flag) (2023)

Comparative Advantage Turkmenistan - Chinese Taipei

Flow
Scale

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

During 2023, Turkmenistan had a large net trade with Chinese Taipei in the exports of Chemical Products ($27.8k) and Mineral Products ($20.3k).

During 2018, Chinese Taipei had a large net trade with Turkmenistan in the exports of Machines ($134k), Transportation ($83.2k), and Instruments ($5.93k).

Economic Complexity

Competitive Landscape

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

Product Space of Turkmenistan (Flag) and Chinese Taipei (Flag) (2023)

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