2022
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GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
68.2%CURRENT US$
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2022
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GDP PC 
$15,892CURRENT US$
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2012-2022
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GDP PC GROWTH
77.9%CURRENT US$
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About

Romania-Turkmenistan In 2022, Romania exported $4.7M to Turkmenistan. The main products that Romania exported to Turkmenistan are Valves ($3.46M), Machinery Having Individual Functions ($531k), and Video Displays ($218k). During the last 27 years the exports of Romania to Turkmenistan have increased at an annualized rate of 0.49%, from $4.12M in 1995 to $4.7M in 2022.

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

Turkmenistan-Romania In 2022, Turkmenistan exported $6.62M to Romania. The main products that Turkmenistan exported to Romania were Nitrogenous Fertilizers ($6.3M), Rubberworking Machinery ($190k), and Synthetic Filament Yarn Woven Fabric ($67.3k). During the last 27 years the exports of Turkmenistan to Romania have decreased at an annualized rate of 5.12%, from $27.3M in 1995 to $6.62M in 2022.

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

Comparison In 2022,  Romania ranked 22 in the Economic Complexity Index (ECI 1.05), and 43 in total exports ($99.5B). That same year, Turkmenistan ranked 81 in the Economic Complexity Index (ECI -0.44), and 95 in total exports ($12.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Romania exported $4.7M to Turkmenistan. The main products exported from Romania to Turkmenistan were Valves ($3.46M), Machinery Having Individual Functions ($531k), and Video Displays ($218k). During the last 27 years the exports of Romania to Turkmenistan have increased at an annualized rate of 0.49%, from $4.12M in 1995 to $4.7M in 2022.

In 2022, Turkmenistan exported $6.62M to Romania. The main products exported from Turkmenistan to Romania were Nitrogenous Fertilizers ($6.3M), Rubberworking Machinery ($190k), and Synthetic Filament Yarn Woven Fabric ($67.3k). During the last 27 years the exports of Turkmenistan to Romania have decreased at an annualized rate of 5.12%, from $27.3M in 1995 to $6.62M in 2022.

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

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

Latest Data

Trade between Romania (Flag) and Turkmenistan (Flag)

Romania Exports

Market Competitiveness

Color
Romania
Top Destination
Germany$18.8B
Turkmenistan
Top Destination
China$8.88B

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

In 2021, countries that imported more from Romania than Turkmenistan were Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

In 2021, countries that imported more from Turkmenistan than Romania were China ($8.88B), Uzbekistan ($664M), and Azerbaijan ($460M).

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

Comparative Advantage Romania - Turkmenistan

Flow
Scale

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

During 2022, Romania had a large net trade with Turkmenistan in the exports of Machines ($4.32M), Chemical Products ($172k), and Metals ($167k).

During 2022, Turkmenistan had a large net trade with Romania in the exports of Chemical Products ($6.3M), Machines ($190k), and Textiles ($67.3k).

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 Romania has comparative advantage over Turkmenistan. Similarly, the more yellow a dot/product is, the more Turkmenistan has comparative advantage over Romania.

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

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