2022
Flag  
GDP
$808BCURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 128 / 186
2022
Flag
GDP PC 
$92,101CURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP PC GROWTH
7.3%CURRENT US$
Rnk 125 / 186

About

Switzerland-Turkmenistan Trade: In 2022, Switzerland exported $9.09M to Turkmenistan. The main products that Switzerland exported to Turkmenistan were Vaccines, blood, antisera, toxins and cultures ($2.77M), Prepared Rubber Accelerators ($1.61M), and Centrifuges ($795k). Over the past 5 years the exports of Switzerland to Turkmenistan have decreased at an annualized rate of 13.4%, from $18.6M in 2017 to $9.09M in 2022.

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

Turkmenistan-Switzerland Trade: In 2022, Turkmenistan exported $66.9k to Switzerland. The main products that Turkmenistan exported to Switzerland were Antiques ($40.6k), Washing and Bottling Machines ($9.64k), and Carbon ($7.65k). Over the past 5 years the exports of Turkmenistan to Switzerland have decreased at an annualized rate of 33.7%,  from $523k in 2017 to $66.9k in 2022.

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

Comparison: In 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B). That same year, Turkmenistan ranked 90 in the Economic Complexity Index (ECI -0.56), and 95 in total exports ($12.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Switzerland exported $9.09M to Turkmenistan. The main products exported from Switzerland to Turkmenistan were Vaccines, blood, antisera, toxins and cultures ($2.77M), Prepared Rubber Accelerators ($1.61M), and Centrifuges ($795k). During the last 5 years the exports of Switzerland to Turkmenistan have decreased at an annualized rate of 13.4%, from $18.6M in 2017 to $9.09M in 2022.

In 2017, Turkmenistan exported $66.9k to Switzerland. The main products exported from Turkmenistan to Switzerland were Antiques ($40.6k), Washing and Bottling Machines ($9.64k), and Carbon ($7.65k). During the last 5 years the exports of Turkmenistan to Switzerland have decreased at an annualized rate of 33.7%, from $523k in 2022 to $66.9k in 2017.

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

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

Latest Data

Trade between Switzerland (Flag) and Turkmenistan (Flag)

Switzerland Exports

Market Competitiveness

Color
Switzerland
Top Destination
United States$61.7B
Turkmenistan
Top Destination
China$8.88B

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 2022, countries that imported more from Switzerland than Turkmenistan included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

In 2022, countries that imported more from Turkmenistan than Switzerland included Uzbekistan ($664M), Azerbaijan ($460M), and Kyrgyzstan ($76.5M).

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

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 2022, Switzerland had a large net trade with Turkmenistan in the exports of Chemical Products ($4.74M), Instruments ($1.91M), and Machines ($1.39M).

During 2017, Turkmenistan had a large net trade with Switzerland in the exports of Arts and Antiques ($42.1k), Machines ($14.9k), and Chemical Products ($8.18k).

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) (2022)

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