2023
Flag  
GDP
$885BCURRENT US$
Rnk 20 / 195
2013-2023
Flag
GDP GROWTH
25.3%CURRENT US$
Rnk 125 / 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 
$99,565CURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP PC GROWTH
14%CURRENT US$
Rnk 122 / 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

Switzerland-Turkmenistan Trade: In 2023, Switzerland exported $13.4M to Turkmenistan. The main products that Switzerland exported to Turkmenistan were High-voltage Protection Equipment ($7.56M), Vaccines, blood, antisera, toxins and cultures ($2.49M), and Packaged Medicaments ($1.26M). Over the past 5 years the exports of Switzerland to Turkmenistan have increased at an annualized rate of 10.3%, from $8.2M in 2018 to $13.4M in 2023.

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

Turkmenistan-Switzerland Trade: In 2023, Turkmenistan exported $37.8k to Switzerland. The main products that Turkmenistan exported to Switzerland were Antiques ($9.48k), Surveying Equipment ($9.19k), and Collector's Items ($6.15k). Over the past 5 years the exports of Turkmenistan to Switzerland have decreased at an annualized rate of 43%,  from $627k in 2018 to $37.8k in 2023.

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

Comparison: In 2023,  Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($398B). 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, Switzerland exported $13.4M to Turkmenistan. The main products exported from Switzerland to Turkmenistan were High-voltage Protection Equipment ($7.56M), Vaccines, blood, antisera, toxins and cultures ($2.49M), and Packaged Medicaments ($1.26M). During the last 5 years the exports of Switzerland to Turkmenistan have increased at an annualized rate of 10.3%, from $8.2M in 2018 to $13.4M in 2023.

In 2018, Turkmenistan exported $37.8k to Switzerland. The main products exported from Turkmenistan to Switzerland were Antiques ($9.48k), Surveying Equipment ($9.19k), and Collector's Items ($6.15k). During the last 5 years the exports of Turkmenistan to Switzerland have decreased at an annualized rate of 43%, from $627k in 2023 to $37.8k in 2018.

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

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

Latest Data

Trade between Switzerland (Flag) and Turkmenistan (Flag)

Switzerland Exports

Market Competitiveness

Color
Switzerland
Top Destination
Germany$53.8B
Turkmenistan
Top Destination
China$9.63B

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

In 2023, countries that imported more from Switzerland than Turkmenistan included Germany ($53.8B), United States ($45.1B), and China ($47.7B).

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

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

Comparative Advantage Switzerland - Turkmenistan

Flow
Scale

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

During 2023, Switzerland had a large net trade with Turkmenistan in the exports of Machines ($7.75M), Chemical Products ($4.15M), and Instruments ($720k).

During 2018, Turkmenistan had a large net trade with Switzerland in the exports of Arts and Antiques ($15.6k), Instruments ($9.85k), and Textiles ($8.05k).

Economic Complexity

Competitive Landscape

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

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

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