2022
Flag
 GDP
$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 175 / 186
2022
Flag
GDP PC
$4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH
13.2%CURRENT US$
Rnk 103 / 186

About

Turkmenistan-Ukraine Trade: In 2022, Turkmenistan exported $172M to Ukraine. The main products that Turkmenistan exported to Ukraine were Refined Petroleum ($118M), Nitrogenous Fertilizers ($38.2M), and Propylene Polymers ($3.16M). Over the past 5 years the exports of Turkmenistan to Ukraine have increased at an annualized rate of 15.6%, from $83M in 2017 to $172M in 2022.

In 2022, Turkmenistan did not export any services to Ukraine.

Ukraine-Turkmenistan Trade: In 2022, Ukraine exported $22.3M to Turkmenistan. The main products that Ukraine exported to Turkmenistan were Air Pumps ($3.57M), Poultry Meat ($3.11M), and Packaged Medicaments ($2.39M). Over the past 5 years the exports of Ukraine to Turkmenistan have decreased at an annualized rate of 18.6%,  from $62.2M in 2017 to $22.3M in 2022.

In 2022, Ukraine did not export any services to Turkmenistan.

Comparison: In 2022,  Turkmenistan ranked 90 in the Economic Complexity Index (ECI -0.56), and 95 in total exports ($12.5B). That same year, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkmenistan exported $172M to Ukraine. The main products exported from Turkmenistan to Ukraine were Refined Petroleum ($118M), Nitrogenous Fertilizers ($38.2M), and Propylene Polymers ($3.16M). During the last 5 years the exports of Turkmenistan to Ukraine have increased at an annualized rate of 15.6%, from $83M in 2017 to $172M in 2022.

In 2017, Ukraine exported $22.3M to Turkmenistan. The main products exported from Ukraine to Turkmenistan were Air Pumps ($3.57M), Poultry Meat ($3.11M), and Packaged Medicaments ($2.39M). During the last 5 years the exports of Ukraine to Turkmenistan have decreased at an annualized rate of 18.6%, from $62.2M in 2022 to $22.3M in 2017.

Exports from Turkmenistan (Flag) to Ukraine (Flag) (2022)

Exports from Ukraine (Flag) to Turkmenistan (Flag) (2022)

Latest Data

Trade between Turkmenistan (Flag) and Ukraine (Flag)

Ukraine Exports

Market Competitiveness

Color
Turkmenistan
Top Destination
China$8.88B
Ukraine
Top Destination
Poland$6.7B

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

In 2022, countries that imported more from Turkmenistan than Ukraine included China ($8.88B), Uzbekistan ($664M), and Azerbaijan ($460M).

In 2022, countries that imported more from Ukraine than Turkmenistan included Poland ($6.7B), Romania ($3.94B), and Germany ($2.43B).

Difference in imports from Ukraine (Flag) and Turkmenistan (Flag) (2022)

Comparative Advantage Turkmenistan - Ukraine

Flow
Scale

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

During 2022, Turkmenistan had a large net trade with Ukraine in the exports of Mineral Products ($118M), Chemical Products ($39.5M), and Textiles ($9.6M).

During 2017, Ukraine had a large net trade with Turkmenistan in the exports of Machines ($5.05M), Foodstuffs ($4.07M), and Animal Products ($3.41M).

Economic Complexity

Competitive Landscape

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

Product Space of Turkmenistan (Flag) and Ukraine (Flag) (2022)

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