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2022
Flag → Flag
Exports $250kRnk 187 / 198
2022
Flag → Flag
Top Product $234kMedical Instruments
2022
Flag → Flag
Exports $2.55kRnk 6 / 0
2022
Flag
Economic Complexity (ECI) ECI 1.18Rnk 21 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.56Rnk 90 / 133
2022
Flag  
GDP$360BCURRENT US$
Rnk 42 / 186
2012-2022
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GDP GROWTH37%CURRENT US$
Rnk 89 / 186
2022
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GDP PC $48,984CURRENT US$
Rnk 20 / 186
2012-2022
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GDP PC GROWTH33.4%CURRENT US$
Rnk 58 / 186

About

Hong Kong-Turkmenistan Trade: In 2022, Hong Kong exported $250k to Turkmenistan. The main products that Hong Kong exported to Turkmenistan were Medical Instruments ($234k), Surveying Equipment ($6.44k), and Plastic Pipes ($5.02k). Over the past 5 years the exports of Hong Kong to Turkmenistan have decreased at an annualized rate of 41.3%, from $3.59M in 2017 to $250k in 2022.

In 2022, Hong Kong did not export any services to Turkmenistan.

Turkmenistan-Hong Kong Trade: In 2022, 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%,  from $281k in 2017 to $2.55k in 2022.

In 2022, Turkmenistan did not export any services to Hong Kong.

Comparison: In 2022,  Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B). 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, Hong Kong exported $250k to Turkmenistan. The main products exported from Hong Kong to Turkmenistan were Medical Instruments ($234k), Surveying Equipment ($6.44k), and Plastic Pipes ($5.02k). During the last 5 years the exports of Hong Kong to Turkmenistan have decreased at an annualized rate of 41.3%, from $3.59M in 2017 to $250k in 2022.

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%, from $281k in 2021 to $2.55k in 2016.

Exports from Hong Kong (Flag) to Turkmenistan (Flag) (2022)

Exports from Turkmenistan (Flag) to Hong Kong (Flag) (2022)

Latest Data

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

Hong Kong Exports

Market Competitiveness

Color
Hong Kong
Top DestinationChina$23.4B
Turkmenistan
Top DestinationChina$8.88B

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 2022, countries that imported more from Hong Kong than Turkmenistan included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

In 2022, countries that imported more from Turkmenistan than Hong Kong included Uzbekistan ($664M), Azerbaijan ($460M), and Turkey ($884M).

Difference in imports from Turkmenistan (Flag) and Hong Kong (Flag) (2022)

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 2022, Hong Kong had a large net trade with Turkmenistan in the exports of Instruments ($240k), Plastics and Rubbers ($5.02k), and Precious Metals ($4.6k).

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) (2022)

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