2023
Flag  
GDP
$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH
41.4%CURRENT US$
Rnk 91 / 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 
$36,551CURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP PC GROWTH
31.5%CURRENT US$
Rnk 76 / 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

Cyprus-Turkmenistan Trade: In 2022, Cyprus exported $1.61M to Turkmenistan. The main products that Cyprus exported to Turkmenistan were N/A. 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 $5.97M to Cyprus. The main products that Turkmenistan exported to Cyprus were N/A. Over the past 7 years the exports of Turkmenistan to Cyprus have increased at an annualized rate of 20.5%,  from $2.36M in 2015 to $5.97M in 2022.

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

Comparison In 2023,  Cyprus ranked 126 in total exports ($5.7B), and does not have data regarding Economic Complexity Index. 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 2022, Cyprus exported $1.61M to Turkmenistan. There were not main exports from Cyprus to Turkmenistan in 2022. 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 $5.97M to Cyprus. There were not main exports from Turkmenistan to Cyprus in 2017. During the last 5 years the exports of Turkmenistan to Cyprus have increased at an annualized rate of 20.5%, from $2.36M in 2022 to $5.97M in 2017.

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

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

Latest Data

Trade between Cyprus (Flag) and Turkmenistan (Flag)

Cyprus Exports

Market Competitiveness

Color
Cyprus
Top Destination
Libya$775M
Turkmenistan
Top Destination
China$9.63B

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 2023, countries that imported more from Cyprus than Turkmenistan included Libya ($775M), Lebanon ($438M), and Bermuda ($403M).

In 2023, countries that imported more from Turkmenistan than Cyprus included China ($9.63B), Turkey ($1.66B), and Uzbekistan ($950M).

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

Comparative Advantage Cyprus - Turkmenistan

Flow
Scale

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 .

During 2017, Turkmenistan had a large net trade with Cyprus in the exports of .

Economic Complexity

Competitive Landscape

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.

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

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