2022
Flag  
GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
GDP PC 
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186

About

Sweden-Turkmenistan Trade: In 2022, Sweden exported $807k to Turkmenistan. The main products that Sweden exported to Turkmenistan were Lifting Machinery ($463k), Paper Containers ($60.5k), and Brooms ($39.9k). Over the past 5 years the exports of Sweden to Turkmenistan have decreased at an annualized rate of 15.7%, from $1.89M in 2017 to $807k in 2022.

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

Turkmenistan-Sweden Trade: In 2022, Turkmenistan exported $44.5k to Sweden. The main products that Turkmenistan exported to Sweden were Brooms ($41.9k), Dental Products ($2.21k), and Knotted Carpets ($198). Over the past 5 years the exports of Turkmenistan to Sweden have increased at an annualized rate of 30.1%,  from $12k in 2017 to $44.5k in 2022.

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

Comparison: In 2022,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B). 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 2022, Sweden exported $807k to Turkmenistan. The main products exported from Sweden to Turkmenistan were Lifting Machinery ($463k), Paper Containers ($60.5k), and Brooms ($39.9k). During the last 5 years the exports of Sweden to Turkmenistan have decreased at an annualized rate of 15.7%, from $1.89M in 2017 to $807k in 2022.

In 2017, Turkmenistan exported $44.5k to Sweden. The main products exported from Turkmenistan to Sweden were Brooms ($41.9k), Dental Products ($2.21k), and Knotted Carpets ($198). During the last 5 years the exports of Turkmenistan to Sweden have increased at an annualized rate of 30.1%, from $12k in 2022 to $44.5k in 2017.

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

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

Market Competitiveness

Color
Sweden
Top Destination
Germany$19.2B
Turkmenistan
Top Destination
China$8.88B

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

In 2022, countries that imported more from Sweden than Turkmenistan included Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

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

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

Comparative Advantage Sweden - Turkmenistan

Flow
Scale

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

During 2022, Sweden had a large net trade with Turkmenistan in the exports of Machines ($583k), Paper Goods ($60.5k), and Metals ($51.6k).

During 2017, Turkmenistan had a large net trade with Sweden in the exports of Miscellaneous ($41.9k), Chemical Products ($2.21k), and Textiles ($393).

Economic Complexity

Competitive Landscape

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

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

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