2022
Flag  
GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
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GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 186
2022
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GDP PC 
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
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GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 186

About

Saudi Arabia-Turkmenistan Trade: In 2021, Saudi Arabia exported $2.28M to Turkmenistan. The main products that Saudi Arabia exported to Turkmenistan were N/A. Over the past 5 years the exports of Saudi Arabia to Turkmenistan have increased at an annualized rate of 3.16%, from $1.95M in 2016 to $2.28M in 2021.

In 2021, Saudi Arabia did not export any services to Turkmenistan.

Turkmenistan-Saudi Arabia Trade: In 2021, Turkmenistan exported $53.5k to Saudi Arabia. The main products that Turkmenistan exported to Saudi Arabia were N/A. Over the past 5 years the exports of Turkmenistan to Saudi Arabia have increased at an annualized rate of 11.4%,  from $31.2k in 2016 to $53.5k in 2021.

In 2021, Turkmenistan did not export any services to Saudi Arabia.

Comparison: In 2022,  Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). That same year, Turkmenistan ranked 90 in the Economic Complexity Index (ECI -0.56), and 95 in total exports ($12.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Saudi Arabia exported $2.28M to Turkmenistan. There were not main exports from Saudi Arabia to Turkmenistan in 2021. During the last 5 years the exports of Saudi Arabia to Turkmenistan have increased at an annualized rate of 3.16%, from $1.95M in 2016 to $2.28M in 2021.

In 2016, Turkmenistan exported $53.5k to Saudi Arabia. There were not main exports from Turkmenistan to Saudi Arabia in 2016. During the last 5 years the exports of Turkmenistan to Saudi Arabia have increased at an annualized rate of 11.4%, from $31.2k in 2021 to $53.5k in 2016.

Exports from Saudi Arabia (Flag) to Turkmenistan (Flag) (2021)

Exports from Turkmenistan (Flag) to Saudi Arabia (Flag) (2021)

Latest Data

Trade between Saudi Arabia (Flag) and Turkmenistan (Flag)

Saudi Arabia Exports

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$68B
Turkmenistan
Top Destination
China$8.88B

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

In 2022, countries that imported more from Saudi Arabia than Turkmenistan included China ($68B), India ($46.2B), and Japan ($36.5B).

In 2022, countries that imported more from Turkmenistan than Saudi Arabia included Uzbekistan ($664M), Azerbaijan ($460M), and Georgia ($168M).

Difference in imports from Turkmenistan (Flag) and Saudi Arabia (Flag) (2022)

Comparative Advantage Saudi Arabia - Turkmenistan

Flow
Scale

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

During 2021, Saudi Arabia had a large net trade with Turkmenistan in the exports of .

During 2016, Turkmenistan had a large net trade with Saudi Arabia in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Saudi Arabia (Flag) and Turkmenistan (Flag) (2021)

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