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2023
Flag → Flag
Exports $98.4kRnk 199 / 211
2023
Flag → Flag
Top Product $74.1kValves
2023
Flag → Flag
Exports $1.71BRnk 69 / 99
2023
Flag → Flag
Top Product $9.11kIntegrated Circuits
2023
Flag
Economic Complexity (ECI) ECI -0.28Rnk 75 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.69Rnk 96 / 132
2023
Flag  
GDP$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
Flag
GDP GROWTH9.57%CURRENT US$
Rnk 156 / 195
2023
Flag
 GDP$60.6BCURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP GROWTH54.7%CURRENT US$
Rnk 66 / 195
2023
Flag
GDP PC $64,821CURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP PC GROWTH-4.94%CURRENT US$
Rnk 159 / 195
2023
Flag
GDP PC$8,233CURRENT US$
Rnk 95 / 196
2013-2023
Flag
GDP PC GROWTH24.7%CURRENT US$
Rnk 87 / 195

About

Australia-Turkmenistan Trade: In 2023, Australia exported $98.4k to Turkmenistan. The main products that Australia exported to Turkmenistan were Valves ($74.1k), Oscilloscopes ($15.1k), and Other Rubber Products ($8.2k). Over the past 6 years the exports of Australia to Turkmenistan have decreased at an annualized rate of 30.1%, from $844k in 2017 to $98.4k in 2023.

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

Turkmenistan-Australia In N/A, Turkmenistan did not export any products to Australia.

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

Comparison: In 2023,  Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B). 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, Australia exported $98.4k to Turkmenistan. The main products exported from Australia to Turkmenistan were Valves ($74.1k), Oscilloscopes ($15.1k), and Other Rubber Products ($8.2k). During the last 6 years the exports of Australia to Turkmenistan have decreased at an annualized rate of 30.1%, from $844k in 2017 to $98.4k in 2023.

Turkmenistan does not register exports to Australia. The main products exported from Turkmenistan to Australia were Integrated Circuits ($9.11k), Other Women's Undergarments ($2.27k), and Other Electrical Machinery ($1.71k).

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

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

Latest Data

Trade between Australia (Flag) and Turkmenistan (Flag)

Australia Exports

Market Competitiveness

Color
Australia
Top DestinationChina$137B
Turkmenistan
Top DestinationChina$9.63B

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

In 2023, countries that imported more from Australia than Turkmenistan included China ($137B), Japan ($59B), and South Korea ($20.9B).

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

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

Comparative Advantage Australia - Turkmenistan

Flow
Scale

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

During 2023, Australia had a large net trade with Turkmenistan in the exports of Machines ($74.1k), Instruments ($15.1k), and Plastics and Rubbers ($8.2k).

Economic Complexity

Competitive Landscape

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

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

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