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Pricing

2023
Flag → Flag
Exports $6.34MRnk 176 / 220
2023
Flag → Flag
Top Product $806kWood Carpentry
2023
Flag → Flag
Exports $57.3MRnk 13 / 99
2023
Flag → Flag
Top Product $55.9MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.69Rnk 96 / 132
2023
Flag  
GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH18.9%CURRENT US$
Rnk 143 / 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 $33,509CURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC$8,233CURRENT US$
Rnk 95 / 196
2013-2023
Flag
GDP PC GROWTH24.7%CURRENT US$
Rnk 87 / 195

About

Spain-Turkmenistan Trade: In 2023, Spain exported $6.34M to Turkmenistan. The main products that Spain exported to Turkmenistan were Wood Carpentry ($806k), Refractory Bricks ($798k), and Other Electrical Machinery ($596k). Over the past 5 years the exports of Spain to Turkmenistan have increased at an annualized rate of 6.75%, from $4.57M in 2018 to $6.34M in 2023.

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

Turkmenistan-Spain Trade: In 2023, Turkmenistan exported $57.3M to Spain. The main products that Turkmenistan exported to Spain were Refined Petroleum ($55.9M), Nitrogenous Fertilizers ($833k), and Ethylene Polymers ($223k). Over the past 5 years the exports of Turkmenistan to Spain have increased at an annualized rate of 163%,  from $451k in 2018 to $57.3M in 2023.

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

Comparison: In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B). That same year, Turkmenistan ranked 96 in the Economic Complexity Index (ECI -0.69), and 87 in total exports ($15.3B).

Latest Trends

December, 2024

About

Overview In December 2024, Spain exported €119k and imported €38.6k from Turkmenistan, resulting in a positive trade balance of €80.8k. Between December 2023 and December 2024 the exports of Spain have decreased by €-64.5k (-35.1%) from €184k to €119k, while imports decreased by €-6.31k (-14.1%) from €44.9k to €38.6k.

Trade In December 2024, the top exports of Spain to Turkmenistan were Perfumes (€31.8k), Curbstones (€12.9k), and Metal Mountings (€345). In December 2024 the top imports of Spain from Turkmenistan were Prepared Cotton (€45.9k) and Non-Knit Women's Suits (€235).

Origins In December 2024 the exports of Spain were mainly from Castellón (€90.2k), Barcelona (€19.7k), Alicante (€5.89k), and Pontevedra (€3.58k), while imports destinations were mainly Sevilla (€38.3k) and Madrid (€249).

Growth In December 2024, the decrease in Spain's year-by-year exports to Turkmenistan was explained primarily by an decrease in product exports in . In December 2024, the decrease in Spain's year-by-year imports  from Turkmenistan was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)€-64.5k(-35.1%)
IMPORT GROWTH (December 2023 - December 2024)€-6.31k(-14.1%)
MAIN EXPORTER (December 2024)Castellón€90.2k

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

To check Turkmenistan and Spain 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, Spain exported $6.34M to Turkmenistan. The main products exported from Spain to Turkmenistan were Wood Carpentry ($806k), Refractory Bricks ($798k), and Other Electrical Machinery ($596k). During the last 5 years the exports of Spain to Turkmenistan have increased at an annualized rate of 6.75%, from $4.57M in 2018 to $6.34M in 2023.

In 2018, Turkmenistan exported $57.3M to Spain. The main products exported from Turkmenistan to Spain were Refined Petroleum ($55.9M), Nitrogenous Fertilizers ($833k), and Ethylene Polymers ($223k). During the last 5 years the exports of Turkmenistan to Spain have increased at an annualized rate of 163%, from $451k in 2023 to $57.3M in 2018.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$61.9B
Turkmenistan
Top DestinationChina$9.63B

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

In 2023, countries that imported more from Spain than Turkmenistan included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

In 2023, countries that imported more from Turkmenistan than Spain included China ($9.63B), Uzbekistan ($950M), and Azerbaijan ($687M).

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

Comparative Advantage Spain - Turkmenistan

Flow
Scale

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

During 2023, Spain had a large net trade with Turkmenistan in the exports of Stone And Glass ($1.63M), Machines ($1.12M), and Wood Products ($808k).

During 2018, Turkmenistan had a large net trade with Spain in the exports of Mineral Products ($55.9M), Chemical Products ($833k), and Textiles ($279k).

Economic Complexity

Competitive Landscape

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

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

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