Cyprus (CYP) and Turkmenistan (TKM) Trade | The Observatory of Economic Complexity

About

Cyprus-Turkmenistan Trade: In 2022, Cyprus exported $1.61M to Turkmenistan. The main products that Cyprus exported to Turkmenistan were Packaged Medicaments ($1.61M). Over the past 7 years the exports of Cyprus to Turkmenistan have increased at an annualized rate of 47.1%, from $108k in 2015 to $1.61M in 2022.

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

Turkmenistan-Cyprus Trade: In 2022, Turkmenistan exported $5.4M to Cyprus. The main products that Turkmenistan exported to Cyprus were Refined Petroleum ($5.4M) and Other Plastic Products ($6). Over the past 7 years the exports of Turkmenistan to Cyprus have increased at an annualized rate of 19.8%, from $2.19M in 2015 to $5.4M in 2022.

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

Comparison In 2022, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index. 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cyprus exported $1.61M to Turkmenistan. The main products exported from Cyprus to Turkmenistan were Packaged Medicaments ($1.61M). During the last 7 years the exports of Cyprus to Turkmenistan have increased at an annualized rate of 47.1%, from $108k in 2015 to $1.61M in 2022.

In 2017, Turkmenistan exported $5.4M to Cyprus. The main products exported from Turkmenistan to Cyprus were Refined Petroleum ($5.4M) and Other Plastic Products ($6). During the last 5 years the exports of Turkmenistan to Cyprus have increased at an annualized rate of 19.8%, from $2.19M in 2022 to $5.4M in 2017.

Exports from Cyprus () to Turkmenistan () (2022)

Exports from Turkmenistan () to Cyprus () (2022)

Latest Data

Trade between Cyprus () and Turkmenistan ()

Cyprus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cyprus
Top DestinationHong Kong$482M

Turkmenistan
Top DestinationChina$8.88B

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

In 2022, countries that imported more from Cyprus than Turkmenistan included Hong Kong ($482M), Greece ($471M), and Lebanon ($329M).

In 2022, countries that imported more from Turkmenistan than Cyprus included China ($8.88B), Turkey ($884M), and Uzbekistan ($664M).

Difference in imports from Turkmenistan () and Cyprus () (2022)

Comparative Advantage Cyprus - Turkmenistan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cyprus had a large net trade with Turkmenistan in the exports of Chemical Products ($1.61M).

During 2017, Turkmenistan had a large net trade with Cyprus in the exports of Mineral Products ($5.4M) and Plastics and Rubbers ($6).

Potential Exports

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Cyprus () to Turkmenistan () (2022)

Exports from Turkmenistan () to Cyprus () (2022)

Latest Data

Trade between Cyprus () and Turkmenistan ()

Cyprus Exports

Market Competitiveness

Difference in imports from Turkmenistan () and Cyprus () (2022)

Comparative Advantage Cyprus - Turkmenistan

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Cyprus () and Turkmenistan () (2022)

Keep Exploring