Finland (FIN) and Turkmenistan (TKM) Trade | The Observatory of Economic Complexity

About

Finland-Turkmenistan Trade: In 2022, Finland exported $2.64M to Turkmenistan. The main products that Finland exported to Turkmenistan were Uncoated Paper ($1.03M), Cheese ($328k), and Composite Paper ($304k). Over the past 5 years the exports of Finland to Turkmenistan have decreased at an annualized rate of 26.8%, from $12.6M in 2017 to $2.64M in 2022.

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

Turkmenistan-Finland Trade: In 2022, Turkmenistan exported $35.6k to Finland. The main products that Turkmenistan exported to Finland were Gas and Liquid Flow Measuring Instruments ($30.6k), Vegetable Saps ($4.98k), and Sauces and Seasonings ($15). Over the past 5 years the exports of Turkmenistan to Finland have decreased at an annualized rate of 2.91%, from $41.3k in 2017 to $35.6k in 2022.

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

Comparison: In 2022, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B). 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, Finland exported $2.64M to Turkmenistan. The main products exported from Finland to Turkmenistan were Uncoated Paper ($1.03M), Cheese ($328k), and Composite Paper ($304k). During the last 5 years the exports of Finland to Turkmenistan have decreased at an annualized rate of 26.8%, from $12.6M in 2017 to $2.64M in 2022.

In 2017, Turkmenistan exported $35.6k to Finland. The main products exported from Turkmenistan to Finland were Gas and Liquid Flow Measuring Instruments ($30.6k), Vegetable Saps ($4.98k), and Sauces and Seasonings ($15). During the last 5 years the exports of Turkmenistan to Finland have decreased at an annualized rate of 2.91%, from $41.3k in 2022 to $35.6k in 2017.

Exports from Finland () to Turkmenistan () (2022)

Exports from Turkmenistan () to Finland () (2022)

Latest Data

Trade between Finland () and Turkmenistan ()

Finland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Finland
Top DestinationGermany$9.99B

Turkmenistan
Top DestinationChina$8.88B

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

In 2022, countries that imported more from Finland than Turkmenistan included Germany ($9.99B), United States ($9.17B), and Sweden ($9.1B).

In 2022, countries that imported more from Turkmenistan than Finland included China ($8.88B), Uzbekistan ($664M), and Azerbaijan ($460M).

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

Comparative Advantage Finland - Turkmenistan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Finland had a large net trade with Turkmenistan in the exports of Paper Goods ($1.63M), Animal Products ($425k), and Machines ($267k).

During 2017, Turkmenistan had a large net trade with Finland in the exports of Instruments ($30.6k), Vegetable Products ($4.98k), and Foodstuffs ($15).

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 Finland and Turkmenistan. This means that a dot/product with the flag of Finland indicates it has a comparative advantage over Turkmenistan. Similarly, a dot/product with the flag of Turkmenistan indicates it has a comparative advantage over Finland.

About

Historical Data

Bilateral Trade by Products

Exports from Finland () to Turkmenistan () (2022)

Exports from Turkmenistan () to Finland () (2022)

Latest Data

Trade between Finland () and Turkmenistan ()

Finland Exports

Market Competitiveness

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

Comparative Advantage Finland - 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 Finland () and Turkmenistan () (2022)

Keep Exploring