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2022
Flag → Flag
Exports $10.3MRnk 82 / 188
2022
Flag → Flag
Top Product $9.51MTractors
2022
Flag → Flag
Exports $2.02MRnk 38 / 95
2022
Flag → Flag
Top Product $1.33MPetroleum Jelly
2022
Flag
Economic Complexity (ECI) ECI -0.56Rnk 90 / 133
2022
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GDP$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH65.5%CURRENT US$
Rnk 34 / 186
2022
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GDP PC $28,333CURRENT US$
Rnk 41 / 186
2012-2022
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GDP PC GROWTH62.8%CURRENT US$
Rnk 23 / 186

About

Estonia-Turkmenistan Trade: In 2022, Estonia exported $10.3M to Turkmenistan. The main products that Estonia exported to Turkmenistan were Tractors ($9.51M), Engine Parts ($267k), and Malt Extract ($143k). Over the past 5 years the exports of Estonia to Turkmenistan have decreased at an annualized rate of 4.42%, from $12.9M in 2017 to $10.3M in 2022.

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

Turkmenistan-Estonia Trade: In 2022, Turkmenistan exported $2.02M to Estonia. The main products that Turkmenistan exported to Estonia were Petroleum Jelly ($1.33M), Coal Tar Oil ($653k), and Raw Cotton ($36.9k). Over the past 5 years the exports of Turkmenistan to Estonia have increased at an annualized rate of 54.5%,  from $16.8k in 2017 to $2.02M in 2022.

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

Comparison In 2022,  Estonia ranked 74 in total exports ($23.1B), 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
Value

In 2022, Estonia exported $10.3M to Turkmenistan. The main products exported from Estonia to Turkmenistan were Tractors ($9.51M), Engine Parts ($267k), and Malt Extract ($143k). During the last 5 years the exports of Estonia to Turkmenistan have decreased at an annualized rate of 4.42%, from $12.9M in 2017 to $10.3M in 2022.

In 2017, Turkmenistan exported $2.02M to Estonia. The main products exported from Turkmenistan to Estonia were Petroleum Jelly ($1.33M), Coal Tar Oil ($653k), and Raw Cotton ($36.9k). During the last 5 years the exports of Turkmenistan to Estonia have increased at an annualized rate of 54.5%, from $16.8k in 2022 to $2.02M in 2017.

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

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

Latest Data

Trade between Estonia (Flag) and Turkmenistan (Flag)

Estonia Exports

Market Competitiveness

Color
Estonia
Top DestinationFinland$3B
Turkmenistan
Top DestinationChina$8.88B

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

In 2022, countries that imported more from Estonia than Turkmenistan included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

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

Difference in imports from Turkmenistan (Flag) and Estonia (Flag) (2022)

Comparative Advantage Estonia - Turkmenistan

Flow
Scale

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

During 2022, Estonia had a large net trade with Turkmenistan in the exports of Transportation ($9.58M), Machines ($373k), and Foodstuffs ($143k).

During 2017, Turkmenistan had a large net trade with Estonia in the exports of Mineral Products ($1.98M) and Textiles ($36.9k).

Economic Complexity

Competitive Landscape

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

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

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