2023
Flag  
GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
 GDP
$60.6BCURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP GROWTH
54.7%CURRENT US$
Rnk 66 / 195
2023
Flag
GDP PC 
$64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 195
2023
Flag
GDP PC
$8,233CURRENT US$
Rnk 95 / 196
2013-2023
Flag
GDP PC GROWTH
24.7%CURRENT US$
Rnk 87 / 195

About

Netherlands-Turkmenistan Trade: In 2023, Netherlands exported $71.8M to Turkmenistan. The main products that Netherlands exported to Turkmenistan were Special Purpose Ships ($20.6M), Tractors ($5.87M), and Rubber Tires ($3.92M). Over the past 5 years the exports of Netherlands to Turkmenistan have increased at an annualized rate of 2.74%, from $62.7M in 2018 to $71.8M in 2023.

In 2023, Netherlands did not export any services to Turkmenistan.

Turkmenistan-Netherlands Trade: In 2023, Turkmenistan exported $331k to Netherlands. The main products that Turkmenistan exported to Netherlands were Navigation Equipment ($94.1k), Halogens ($59k), and Large Iron Containers ($41.5k). Over the past 5 years the exports of Turkmenistan to Netherlands have decreased at an annualized rate of 29.9%,  from $1.96M in 2018 to $331k in 2023.

In 2023, Turkmenistan did not export any services to Netherlands.

Comparison: In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B). 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, Netherlands exported $71.8M to Turkmenistan. The main products exported from Netherlands to Turkmenistan were Special Purpose Ships ($20.6M), Tractors ($5.87M), and Rubber Tires ($3.92M). During the last 5 years the exports of Netherlands to Turkmenistan have increased at an annualized rate of 2.74%, from $62.7M in 2018 to $71.8M in 2023.

In 2018, Turkmenistan exported $331k to Netherlands. The main products exported from Turkmenistan to Netherlands were Navigation Equipment ($94.1k), Halogens ($59k), and Large Iron Containers ($41.5k). During the last 5 years the exports of Turkmenistan to Netherlands have decreased at an annualized rate of 29.9%, from $1.96M in 2023 to $331k in 2018.

Exports from Netherlands (Flag) to Turkmenistan (Flag) (2023)

Exports from Turkmenistan (Flag) to Netherlands (Flag) (2023)

Market Competitiveness

Color
Netherlands
Top Destination
Germany$96.9B
Turkmenistan
Top Destination
China$9.63B

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

In 2023, countries that imported more from Netherlands than Turkmenistan included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

In 2023, countries that imported more from Turkmenistan than Netherlands included Uzbekistan ($950M) and Azerbaijan ($687M).

Difference in imports from Turkmenistan (Flag) and Netherlands (Flag) (2023)

Comparative Advantage Netherlands - Turkmenistan

Flow
Scale

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

During 2023, Netherlands had a large net trade with Turkmenistan in the exports of Transportation ($29.2M), Machines ($18.9M), and Plastics and Rubbers ($6.2M).

During 2018, Turkmenistan had a large net trade with Netherlands in the exports of Machines ($135k), Metals ($82.7k), and Chemical Products ($59k).

Economic Complexity

Competitive Landscape

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

Product Space of Netherlands (Flag) and Turkmenistan (Flag) (2023)

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