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Pricing

2022
Flag → Flag
Exports $72.8MRnk 132 / 221
2022
Flag → Flag
Top Product $22.2MNavigation Equipment
2022
Flag → Flag
Exports $64.5MRnk 13 / 95
2022
Flag → Flag
Top Product $41.3MNitrogenous Fertilizers
2022
Flag
Economic Complexity (ECI) ECI 1.24Rnk 18 / 124
2022
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Economic Complexity (ECI) ECI -0.44Rnk 81 / 124
2022
Flag  
GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
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GDP PC $34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186

About

Italy-Turkmenistan In 2022, Italy exported $72.8M to Turkmenistan. The main products that Italy exported to Turkmenistan are Navigation Equipment ($22.2M), Gas Turbines ($4.67M), and Soil Preparation Machinery ($3.32M). During the last 27 years the exports of Italy to Turkmenistan have increased at an annualized rate of 7.06%, from $11.5M in 1995 to $72.8M in 2022.

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

Turkmenistan-Italy In 2022, Turkmenistan exported $64.5M to Italy. The main products that Turkmenistan exported to Italy were Nitrogenous Fertilizers ($41.3M), Planes, Helicopters, and/or Spacecraft ($15.8M), and Heavy Pure Woven Cotton ($3.46M). During the last 27 years the exports of Turkmenistan to Italy have decreased at an annualized rate of 0.86%, from $81.6M in 1995 to $64.5M in 2022.

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

Comparison In 2022,  Italy ranked 18 in the Economic Complexity Index (ECI 1.24), and 7 in total exports ($634B). That same year, Turkmenistan ranked 81 in the Economic Complexity Index (ECI -0.44), and 95 in total exports ($12.5B).

Latest Trends

N/A

About

Overview In N/A, Italy exported €N/A and imported €N/A from Turkmenistan, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Italy have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Italy to Turkmenistan were . In N/A the top imports of Italy from Turkmenistan were Nitrogenous Fertilizers (€10.4M).

Growth In N/A, the N/A in Italy's year-by-year exports to Turkmenistan was explained primarily by an decrease in product exports in . In N/A, the N/A in Italy's year-by-year imports  from Turkmenistan was explained primarily by an decrease in product imports  in .

Latest Trade

Flow
Time Scale
Depth
Value

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

To check Turkmenistan and Italy trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $72.8M to Turkmenistan. The main products exported from Italy to Turkmenistan were Navigation Equipment ($22.2M), Gas Turbines ($4.67M), and Soil Preparation Machinery ($3.32M). During the last 27 years the exports of Italy to Turkmenistan have increased at an annualized rate of 7.06%, from $11.5M in 1995 to $72.8M in 2022.

In 2022, Turkmenistan exported $64.5M to Italy. The main products exported from Turkmenistan to Italy were Nitrogenous Fertilizers ($41.3M), Planes, Helicopters, and/or Spacecraft ($15.8M), and Heavy Pure Woven Cotton ($3.46M). During the last 27 years the exports of Turkmenistan to Italy have decreased at an annualized rate of 0.86%, from $81.6M in 1995 to $64.5M in 2022.

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

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

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Turkmenistan
Top DestinationChina$8.88B

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

In 2021, countries that imported more from Italy than Turkmenistan were Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2021, countries that imported more from Turkmenistan than Italy were Uzbekistan ($664M), Azerbaijan ($460M), and Tajikistan ($47.5M).

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

Comparative Advantage Italy - Turkmenistan

Flow
Scale

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

During 2022, Italy had a large net trade with Turkmenistan in the exports of Machines ($55.4M), Instruments ($3.84M), and Metals ($3.55M).

During 2022, Turkmenistan had a large net trade with Italy in the exports of Chemical Products ($42.2M), Transportation ($15.8M), and Textiles ($5.5M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Italy has comparative advantage over Turkmenistan. Similarly, the more yellow a dot/product is, the more Turkmenistan has comparative advantage over Italy.

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

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