2023
Flag  
GDP
$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH
-4.87%CURRENT US$
Rnk 176 / 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 
$6,947CURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP PC GROWTH
-16.1%CURRENT US$
Rnk 173 / 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

Colombia-Turkmenistan Trade: In 2021, Colombia exported $80.6k to Turkmenistan. The main products that Colombia exported to Turkmenistan were N/A. Over the past 5 years the exports of Colombia to Turkmenistan have increased at an annualized rate of 59.2%, from $7.88k in 2016 to $80.6k in 2021.

In 2021, Colombia did not export any services to Turkmenistan.

Turkmenistan-Colombia Trade: In 2021, Turkmenistan exported $21.1k to Colombia. The main products that Turkmenistan exported to Colombia were Perfumes ($21.1k). Over the past 5 years the exports of Turkmenistan to Colombia have increased at an annualized rate of 56.4%,  from $2.26k in 2016 to $21.1k in 2021.

In 2021, Turkmenistan did not export any services to Colombia.

Comparison: In 2023,  Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B). 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 2021, Colombia exported $80.6k to Turkmenistan. There were not main exports from Colombia to Turkmenistan in 2021. During the last 5 years the exports of Colombia to Turkmenistan have increased at an annualized rate of 59.2%, from $7.88k in 2016 to $80.6k in 2021.

In 2018, Turkmenistan exported $21.1k to Colombia. The main products exported from Turkmenistan to Colombia were Perfumes ($21.1k). During the last 5 years the exports of Turkmenistan to Colombia have increased at an annualized rate of 56.4%, from $2.26k in 2023 to $21.1k in 2018.

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

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

Latest Data

Trade between Colombia (Flag) and Turkmenistan (Flag)

Colombia Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$14.8B
Turkmenistan
Top Destination
China$9.63B

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

In 2023, countries that imported more from Colombia than Turkmenistan included United States ($14.8B), Panama ($4.66B), and Netherlands ($2.38B).

In 2023, countries that imported more from Turkmenistan than Colombia included China ($9.63B), Greece ($1.03B), and Uzbekistan ($950M).

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

Comparative Advantage Colombia - Turkmenistan

Flow
Scale

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

During 2021, Colombia had a large net trade with Turkmenistan in the exports of .

During 2018, Turkmenistan had a large net trade with Colombia in the exports of Chemical Products ($21.1k).

Economic Complexity

Competitive Landscape

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

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

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