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2023
Flag → Flag
Exports $1.05MRnk 175 / 198
2023
Flag → Flag
Top Product $449kOther Plastic Products
2023
Flag → Flag
Exports $2.55kRnk 149 / 0
2023
Flag
Economic Complexity (ECI) ECI 1.12Rnk 23 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.69Rnk 96 / 132
2023
Flag  
GDP$381BCURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP GROWTH38.1%CURRENT US$
Rnk 97 / 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 $50,532CURRENT US$
Rnk 25 / 195
2013-2023
Flag
GDP PC GROWTH31.6%CURRENT US$
Rnk 75 / 195
2023
Flag
GDP PC$8,233CURRENT US$
Rnk 95 / 196
2013-2023
Flag
GDP PC GROWTH24.7%CURRENT US$
Rnk 87 / 195

About

Hong Kong-Turkmenistan Trade: In 2023, Hong Kong exported $1.05M to Turkmenistan. The main products that Hong Kong exported to Turkmenistan were Other Plastic Products ($449k), Broadcasting Equipment ($300k), and Chemical Analysis Instruments ($210k). Over the past 5 years the exports of Hong Kong to Turkmenistan have decreased at an annualized rate of 17.2%, from $2.7M in 2018 to $1.05M in 2023.

In 2023, Hong Kong did not export any services to Turkmenistan.

Turkmenistan-Hong Kong Trade: In 2023, Turkmenistan exported $2.55k to Hong Kong. The main products that Turkmenistan exported to Hong Kong were N/A. Over the past 5 years the exports of Turkmenistan to Hong Kong have decreased at an annualized rate of 61.4%,  from $297k in 2018 to $2.55k in 2023.

In 2023, Turkmenistan did not export any services to Hong Kong.

Comparison: In 2023,  Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B). 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 2023, Hong Kong exported $1.05M to Turkmenistan. The main products exported from Hong Kong to Turkmenistan were Other Plastic Products ($449k), Broadcasting Equipment ($300k), and Chemical Analysis Instruments ($210k). During the last 5 years the exports of Hong Kong to Turkmenistan have decreased at an annualized rate of 17.2%, from $2.7M in 2018 to $1.05M in 2023.

In 2016, Turkmenistan exported $2.55k to Hong Kong. There were not main exports from Turkmenistan to Hong Kong in 2016. During the last 5 years the exports of Turkmenistan to Hong Kong have decreased at an annualized rate of 61.4%, from $297k in 2021 to $2.55k in 2016.

Exports from Hong Kong (Flag) to Turkmenistan (Flag) (2023)

Exports from Turkmenistan (Flag) to Hong Kong (Flag) (2023)

Latest Data

Trade between Hong Kong (Flag) and Turkmenistan (Flag)

Hong Kong Exports

Market Competitiveness

Color
Hong Kong
Top DestinationChina$25.3B
Turkmenistan
Top DestinationChina$9.63B

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

In 2023, countries that imported more from Hong Kong than Turkmenistan included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

In 2023, countries that imported more from Turkmenistan than Hong Kong included Greece ($1.03B), Uzbekistan ($950M), and Azerbaijan ($687M).

Difference in imports from Turkmenistan (Flag) and Hong Kong (Flag) (2023)

Comparative Advantage Hong Kong - Turkmenistan

Flow
Scale

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

During 2023, Hong Kong had a large net trade with Turkmenistan in the exports of Plastics and Rubbers ($449k), Machines ($363k), and Instruments ($237k).

During 2016, Turkmenistan had a large net trade with Hong Kong in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Hong Kong (Flag) and Turkmenistan (Flag) (2023)

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