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Pricing

2022
Flag → Flag
Exports $516kRnk 167 / 209
2022
Flag → Flag
Top Product $166kNon-fillet Frozen Fish
2022
Flag → Flag
Exports $33.9kRnk 66 / 95
2022
Flag → Flag
Top Product $33.5kHand-Woven Rugs
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.56Rnk 90 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
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GDP PC $106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186

About

Norway-Turkmenistan Trade: In 2022, Norway exported $516k to Turkmenistan. The main products that Norway exported to Turkmenistan were Non-fillet Frozen Fish ($166k), Fish Fillets ($163k), and Gas Turbines ($74.8k). Over the past 5 years the exports of Norway to Turkmenistan have increased at an annualized rate of 0.65%, from $499k in 2017 to $516k in 2022.

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

Turkmenistan-Norway Trade: In 2022, Turkmenistan exported $33.9k to Norway. The main products that Turkmenistan exported to Norway were Hand-Woven Rugs ($33.5k), Other Rubber Products ($237), and Non-Knit Women's Shirts ($194). Over the past 5 years the exports of Turkmenistan to Norway have decreased at an annualized rate of 20.5%,  from $134k in 2017 to $33.9k in 2022.

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

Comparison: In 2022,  Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B). That same year, Turkmenistan ranked 90 in the Economic Complexity Index (ECI -0.56), and 95 in total exports ($12.5B).

Latest Trends

October, 2024

About

Overview In October 2024, Norway exported NOK617k and imported NOK0 from Turkmenistan, resulting in a positive trade balance of NOK617k. Between October 2023 and October 2024 the exports of Norway have increased by NOK262k (73.8%) from NOK355k to NOK617k, while imports decreased by NOK-1k (-100%) from NOK1k to NOK0.

Trade In October 2024, the top exports of Norway to Turkmenistan were Fish (not marine mammals), crustaceans, molluscs... (NOK614k), Machinery specialized for particular industries (NOK7k), Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), and Dairy products and birds' eggs (NOK0). In October 2024 the top imports of Norway from Turkmenistan were Power-generating machinery and equipment (NOK22.1M), Articles of apparel and clothing accessories (NOK1k), Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), and Dairy products and birds' eggs (NOK0).

Growth In October 2024, the increase in Norway's year-by-year exports to Turkmenistan was explained primarily by an increase in product exports in . In October 2024, the decrease in Norway's year-by-year imports  from Turkmenistan was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2023 - October 2024)NOK262k(73.8%)
IMPORT GROWTH (October 2023 - October 2024)NOK-1k(-100%)

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

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

For full datasets download visit Bulk Download page.

Explore Turkmenistan and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $516k to Turkmenistan. The main products exported from Norway to Turkmenistan were Non-fillet Frozen Fish ($166k), Fish Fillets ($163k), and Gas Turbines ($74.8k). During the last 5 years the exports of Norway to Turkmenistan have increased at an annualized rate of 0.65%, from $499k in 2017 to $516k in 2022.

In 2017, Turkmenistan exported $33.9k to Norway. The main products exported from Turkmenistan to Norway were Hand-Woven Rugs ($33.5k), Other Rubber Products ($237), and Non-Knit Women's Shirts ($194). During the last 5 years the exports of Turkmenistan to Norway have decreased at an annualized rate of 20.5%, from $134k in 2022 to $33.9k in 2017.

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$78.1B
Turkmenistan
Top DestinationChina$8.88B

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

In 2022, countries that imported more from Norway than Turkmenistan included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

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

Comparative Advantage Norway - Turkmenistan

Flow
Scale

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

During 2022, Norway had a large net trade with Turkmenistan in the exports of Animal Products ($329k), Machines ($97.2k), and Instruments ($45.7k).

During 2017, Turkmenistan had a large net trade with Norway in the exports of Textiles ($33.7k) and Plastics and Rubbers ($237).

Economic Complexity

Competitive Landscape

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

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

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