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2023
Flag → Flag
Exports $215MRnk 111 / 220
2023
Flag → Flag
Top Product $52.7MTractors
2023
Flag → Flag
Exports $5.62MRnk 31 / 99
2023
Flag → Flag
Top Product $3.36MGas Turbines
2023
Flag
Economic Complexity (ECI) ECI 1.79Rnk 5 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.69Rnk 96 / 132
2023
Flag  
GDP$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH18.8%CURRENT US$
Rnk 144 / 195
2023
Flag
 GDP$60.6BCURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP GROWTH54.7%CURRENT US$
Rnk 66 / 195
2023
Flag
GDP PC $54,343CURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP PC GROWTH15.1%CURRENT US$
Rnk 118 / 195
2023
Flag
GDP PC$8,233CURRENT US$
Rnk 95 / 196
2013-2023
Flag
GDP PC GROWTH24.7%CURRENT US$
Rnk 87 / 195

About

Germany-Turkmenistan Trade: In 2023, Germany exported $215M to Turkmenistan. The main products that Germany exported to Turkmenistan were Tractors ($52.7M), Valves ($15.3M), and Refined Petroleum ($12.4M). Over the past 5 years the exports of Germany to Turkmenistan have increased at an annualized rate of 4.49%, from $173M in 2018 to $215M in 2023.

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

Turkmenistan-Germany Trade: In 2023, Turkmenistan exported $5.62M to Germany. The main products that Turkmenistan exported to Germany were Gas Turbines ($3.36M), Carbon ($840k), and Other Wood Articles ($476k). Over the past 5 years the exports of Turkmenistan to Germany have increased at an annualized rate of 16.6%,  from $2.6M in 2018 to $5.62M in 2023.

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

Comparison: In 2023,  Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T). That same year, Turkmenistan ranked 96 in the Economic Complexity Index (ECI -0.69), and 87 in total exports ($15.3B).

Latest Trends

November, 2024

About

Overview In November 2024, Germany exported €12M and imported €190k from Turkmenistan, resulting in a positive trade balance of €11.8M. Between November 2023 and November 2024 the exports of Germany have decreased by €-6.76M (-36.1%) from €18.7M to €12M, while imports increased by €63k (49.6%) from €127k to €190k.

Trade In November 2024, the top exports of Germany to Turkmenistan were Agricultural machinery (incl. tractors) (€4.7M), Pharmaceutical products (€1.74M), Mineral oil products (€1.57M), Other machinery (€963k), and Other articles of iron, iron sheet,... (€771k). In November 2024 the top imports of Germany from Turkmenistan were Radioactive elements and radioactive isotopes (€160k), Measuring and automatical control instruments (€86k), Railway or tramway locomotives and rolling... (€38k), Apparel of cotton, excl. of knitted... (€6k), and Apparel of knitted or crocheted fabrics... (€3k).

Origins In November 2024 the exports of Germany were mainly from Baden-Württemberg (€1.99M), Bavaria (€1.17M), North Rhine-Westphalia (€1.11M), Lower Saxony (€816k), and Hamburg (€762k), while imports destinations were mainly North Rhine-Westphalia (€182k), Bavaria (€4k), Lower Saxony (€4k), Baden-Württemberg (€0), and Berlin (€0).

Growth In November 2024, the decrease in Germany's year-by-year exports to Turkmenistan was explained primarily by an decrease in product exports in Engines (excl. for tractor,aircraft, road vehicle) (€-8.41M or -99.9%), Lorries and special purpose motor vehicles (€-2.88M or -88.1%), and Telecommunication devices and apparatus (€-2.19M or -97.2%). In November 2024, the increase in Germany's year-by-year imports  from Turkmenistan was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)€-6.76M(-36.1%)
IMPORT GROWTH (November 2023 - November 2024)€63k(49.6%)
MAIN EXPORTER (November 2024)Baden-Württemberg€1.99M

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Turkmenistan and Germany trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Germany exported $215M to Turkmenistan. The main products exported from Germany to Turkmenistan were Tractors ($52.7M), Valves ($15.3M), and Refined Petroleum ($12.4M). During the last 5 years the exports of Germany to Turkmenistan have increased at an annualized rate of 4.49%, from $173M in 2018 to $215M in 2023.

In 2018, Turkmenistan exported $5.62M to Germany. The main products exported from Turkmenistan to Germany were Gas Turbines ($3.36M), Carbon ($840k), and Other Wood Articles ($476k). During the last 5 years the exports of Turkmenistan to Germany have increased at an annualized rate of 16.6%, from $2.6M in 2023 to $5.62M in 2018.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$157B
Turkmenistan
Top DestinationChina$9.63B

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

In 2023, countries that imported more from Germany than Turkmenistan included United States ($157B), France ($118B), and Netherlands ($108B).

In 2023, no countries were registered that imported more from Turkmenistan than from Germany.

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

Comparative Advantage Germany - Turkmenistan

Flow
Scale

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

During 2023, Germany had a large net trade with Turkmenistan in the exports of Transportation ($72.8M), Machines ($64.5M), and Chemical Products ($24.4M).

During 2018, Turkmenistan had a large net trade with Germany in the exports of Machines ($3.36M), Chemical Products ($1.45M), and Wood Products ($476k).

Economic Complexity

Competitive Landscape

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

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

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