Turkmenistan / Uzbekistan

Turkmenistan-Uzbekistan Trade: In 2023, Turkmenistan exported $950M to Uzbekistan. The main products that Turkmenistan exported to Uzbekistan were Petroleum Gas ($645M), Electricity ($122M), and Crude Petroleum ($42.3M). Over the past 5 years the exports of Turkmenistan to Uzbekistan have increased at an annualized rate of 31.9%, from $238M in 2018 to $950M in 2023.

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

Uzbekistan-Turkmenistan Trade: In 2023, Uzbekistan exported $170M to Turkmenistan. The main products that Uzbekistan exported to Turkmenistan were Nitrogenous Fertilizers ($49.6M), Mixed Mineral or Chemical Fertilizers ($16.3M), and Phosphatic Fertilizers ($12.1M). Over the past 5 years the exports of Uzbekistan to Turkmenistan have increased at an annualized rate of 36.9%,  from $35.2M in 2018 to $170M in 2023.

In 2023, Uzbekistan 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, Uzbekistan ranked 74 in the Economic Complexity Index (ECI -0.22), and 72 in total exports ($24.3B).