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2023
Flag → Flag
Exports $132kRnk 167 / 182
2023
Flag → Flag
Top Product $92.8kGaskets
2023
Flag → Flag
Exports $103kRnk 54 / 99
2023
Flag → Flag
Top Product $56.3kPlastic Housewares
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 36 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.69Rnk 96 / 132
2023
Flag  
GDP$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH41.6%CURRENT US$
Rnk 90 / 195
2023
Flag
 GDP$60.6BCURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP GROWTH54.7%CURRENT US$
Rnk 66 / 195
2023
Flag
GDP PC $32,094CURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP PC GROWTH17.6%CURRENT US$
Rnk 109 / 195
2023
Flag
GDP PC$8,233CURRENT US$
Rnk 95 / 196
2013-2023
Flag
GDP PC GROWTH24.7%CURRENT US$
Rnk 87 / 195

About

Saudi Arabia-Turkmenistan Trade: In 2023, Saudi Arabia exported $132k to Turkmenistan. The main products that Saudi Arabia exported to Turkmenistan were Gaskets ($92.8k) and Machinery Having Individual Functions ($38.9k). Over the past 5 years the exports of Saudi Arabia to Turkmenistan have decreased at an annualized rate of 68.6%, from $42.9M in 2018 to $132k in 2023.

In 2023, Saudi Arabia did not export any services to Turkmenistan.

Turkmenistan-Saudi Arabia Trade: In 2023, Turkmenistan exported $103k to Saudi Arabia. The main products that Turkmenistan exported to Saudi Arabia were Plastic Housewares ($56.3k), Wadding ($27k), and Non-Knit Women's Undergarments ($8.82k). Over the past 5 years the exports of Turkmenistan to Saudi Arabia have decreased at an annualized rate of 2.56%,  from $131k in 2018 to $103k in 2023.

In 2023, Turkmenistan did not export any services to Saudi Arabia.

Comparison: In 2023,  Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B). 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, Saudi Arabia exported $132k to Turkmenistan. The main products exported from Saudi Arabia to Turkmenistan were Gaskets ($92.8k) and Machinery Having Individual Functions ($38.9k). During the last 5 years the exports of Saudi Arabia to Turkmenistan have decreased at an annualized rate of 68.6%, from $42.9M in 2018 to $132k in 2023.

In 2018, Turkmenistan exported $103k to Saudi Arabia. The main products exported from Turkmenistan to Saudi Arabia were Plastic Housewares ($56.3k), Wadding ($27k), and Non-Knit Women's Undergarments ($8.82k). During the last 5 years the exports of Turkmenistan to Saudi Arabia have decreased at an annualized rate of 2.56%, from $131k in 2023 to $103k in 2018.

Exports from Saudi Arabia (Flag) to Turkmenistan (Flag) (2023)

Exports from Turkmenistan (Flag) to Saudi Arabia (Flag) (2023)

Latest Data

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

Saudi Arabia Exports

Market Competitiveness

Color
Saudi Arabia
Top DestinationChina$64.4B
Turkmenistan
Top DestinationChina$9.63B

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 2023, countries that imported more from Saudi Arabia than Turkmenistan included China ($64.4B), Japan ($34.7B), and India ($34.8B).

In 2023, countries that imported more from Turkmenistan than Saudi Arabia included Uzbekistan ($950M), Azerbaijan ($687M), and Kazakhstan ($166M).

Difference in imports from Turkmenistan (Flag) and Saudi Arabia (Flag) (2023)

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 2023, Saudi Arabia had a large net trade with Turkmenistan in the exports of Machines ($132k).

During 2018, Turkmenistan had a large net trade with Saudi Arabia in the exports of Plastics and Rubbers ($56.3k), Textiles ($44.8k), and Chemical Products ($1.89k).

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) (2023)

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