Portugal (PRT) and Turkmenistan (TKM) Trade | The Observatory of Economic Complexity

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Portugal-Turkmenistan Trade: In 2023, Portugal exported $173k to Turkmenistan. The main products that Portugal exported to Turkmenistan were Uncoated Paper ($108k), Other Furniture ($29.6k), and Natural Cork Articles ($20.2k). Over the past 5 years the exports of Portugal to Turkmenistan have decreased at an annualized rate of 20.7%, from $552k in 2018 to $173k in 2023.

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

Turkmenistan-Portugal Trade: In 2023, Turkmenistan exported $1.73M to Portugal. The main products that Turkmenistan exported to Portugal were Light Pure Woven Cotton ($961k), Raw Cotton ($614k), and Heavy Pure Woven Cotton ($159k). Over the past 5 years the exports of Turkmenistan to Portugal have decreased at an annualized rate of 8.69%, from $2.73M in 2018 to $1.73M in 2023.

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

Comparison: In 2023, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B). That same year, Turkmenistan ranked 96 in the Economic Complexity Index (ECI -0.69), and 87 in total exports ($15.3B).

Latest Trends

November, 2024

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Overview In November 2024, Portugal exported €10.7k and imported €286k from Turkmenistan, resulting in a negative trade balance of €275k. Between November 2023 and November 2024 the exports of Portugal have increased by €10.7k (N/A%) from €0 to €10.7k, while imports increased by €193k (207%) from €93.1k to €286k.

Trade In November 2024, the top exports of Portugal to Turkmenistan were Paper articles (€28.7k), Live animals (€0), Meat & edible offal (€0), Fish, Crustaceans & Molluscs (€0), and Edible products of animal origin, n.e.s. (€0). In November 2024 the top imports of Portugal from Turkmenistan were Cotton (€1), Live animals (€0), Meat & edible offal (€0), Fish, Crustaceans & Molluscs (€0), and Edible products of animal origin, n.e.s. (€0).

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

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)€10.7k(N/A%)

IMPORT GROWTH (November 2023 - November 2024)€193k(207%)

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

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

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Portugal exported $173k to Turkmenistan. The main products exported from Portugal to Turkmenistan were Uncoated Paper ($108k), Other Furniture ($29.6k), and Natural Cork Articles ($20.2k). During the last 5 years the exports of Portugal to Turkmenistan have decreased at an annualized rate of 20.7%, from $552k in 2018 to $173k in 2023.

In 2018, Turkmenistan exported $1.73M to Portugal. The main products exported from Turkmenistan to Portugal were Light Pure Woven Cotton ($961k), Raw Cotton ($614k), and Heavy Pure Woven Cotton ($159k). During the last 5 years the exports of Turkmenistan to Portugal have decreased at an annualized rate of 8.69%, from $2.73M in 2023 to $1.73M in 2018.

Exports from Portugal () to Turkmenistan () (2023)

Exports from Turkmenistan () to Portugal () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Portugal
Top DestinationSpain$17.7B

Turkmenistan
Top DestinationChina$9.63B

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

In 2023, countries that imported more from Portugal than Turkmenistan included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

In 2023, countries that imported more from Turkmenistan than Portugal included China ($9.63B), Uzbekistan ($950M), and Greece ($1.03B).

Difference in imports from Turkmenistan () and Portugal () (2023)

Comparative Advantage Portugal - Turkmenistan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Portugal had a large net trade with Turkmenistan in the exports of Paper Goods ($108k), Miscellaneous ($44.3k), and Wood Products ($20.2k).

During 2018, Turkmenistan had a large net trade with Portugal in the exports of Textiles ($1.73M).

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

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Latest Trade

Historical Data

Bilateral Trade by Products

Exports from Portugal () to Turkmenistan () (2023)

Exports from Turkmenistan () to Portugal () (2023)

Market Competitiveness

Difference in imports from Turkmenistan () and Portugal () (2023)

Comparative Advantage Portugal - Turkmenistan

Economic Complexity

Competitive Landscape

Product Space of Portugal () and Turkmenistan () (2023)

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