2023
Flag  
GDP
$102BCURRENT US$
Rnk 70 / 195
2013-2023
Flag
GDP GROWTH
38.8%CURRENT US$
Rnk 95 / 195
2023
Flag
 GDP
$60.6BCURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP GROWTH
54.7%CURRENT US$
Rnk 66 / 195
2023
Flag
GDP PC 
$2,850CURRENT US$
Rnk 144 / 195
2013-2023
Flag
GDP PC GROWTH
15.7%CURRENT US$
Rnk 116 / 195
2023
Flag
GDP PC
$8,233CURRENT US$
Rnk 95 / 196
2013-2023
Flag
GDP PC GROWTH
24.7%CURRENT US$
Rnk 87 / 195

About

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.

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.

Comparison: In 2023,  Uzbekistan ranked 74 in the Economic Complexity Index (ECI -0.22), and 72 in total exports ($24.3B). That same year, Turkmenistan ranked 96 in the Economic Complexity Index (ECI -0.69), and 87 in total exports ($15.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Uzbekistan exported $170M to Turkmenistan. The main products exported from Uzbekistan to Turkmenistan were Nitrogenous Fertilizers ($49.6M), Mixed Mineral or Chemical Fertilizers ($16.3M), and Phosphatic Fertilizers ($12.1M). During the last 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 2018, Turkmenistan exported $950M to Uzbekistan. The main products exported from Turkmenistan to Uzbekistan were Petroleum Gas ($645M), Electricity ($122M), and Crude Petroleum ($42.3M). During the last 5 years the exports of Turkmenistan to Uzbekistan have increased at an annualized rate of 31.9%, from $238M in 2023 to $950M in 2018.

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

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

Latest Data

Trade between Uzbekistan (Flag) and Turkmenistan (Flag)

Uzbekistan Exports

Market Competitiveness

Color
Uzbekistan
Top Destination
Switzerland$8.18B
Turkmenistan
Top Destination
China$9.63B

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

In 2023, countries that imported more from Uzbekistan than Turkmenistan included Switzerland ($8.18B), Russia ($3.02B), and United Kingdom ($2.65B).

In 2023, countries that imported more from Turkmenistan than Uzbekistan included China ($9.63B), Greece ($1.03B), and Azerbaijan ($687M).

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

Comparative Advantage Uzbekistan - Turkmenistan

Flow
Scale

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

During 2023, Uzbekistan had a large net trade with Turkmenistan in the exports of Chemical Products ($95.9M), Textiles ($15M), and Machines ($13.9M).

During 2018, Turkmenistan had a large net trade with Uzbekistan in the exports of Mineral Products ($902M), Plastics and Rubbers ($21M), and Vegetable Products ($6.61M).

Economic Complexity

Competitive Landscape

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

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

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