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2022
Flag → Flag
Exports $5.92MRnk 173 / 218
2022
Flag → Flag
Top Product $2.61MCars
2022
Flag → Flag
Exports $4.88kRnk 75 / 95
2022
Flag → Flag
Top Product $4.48kCarbon
2022
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.56Rnk 90 / 133
2022
Flag  
GDP$495BCURRENT US$
Rnk 29 / 186
2012-2022
Flag
GDP GROWTH24.6%CURRENT US$
Rnk 111 / 186
2022
Flag
GDP PC $6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH20.2%CURRENT US$
Rnk 87 / 186

About

Thailand-Turkmenistan Trade: In 2022, Thailand exported $5.92M to Turkmenistan. The main products that Thailand exported to Turkmenistan were Cars ($2.61M), Lifting Machinery ($1.56M), and Uncoated Paper ($956k). Over the past 5 years the exports of Thailand to Turkmenistan have decreased at an annualized rate of 2.45%, from $6.7M in 2017 to $5.92M in 2022.

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

Turkmenistan-Thailand Trade: In 2022, Turkmenistan exported $4.88k to Thailand. The main products that Turkmenistan exported to Thailand were Carbon ($4.48k), Felt or Coated Fabric Garments ($378), and Iron Fasteners ($14). Over the past 5 years the exports of Turkmenistan to Thailand have decreased at an annualized rate of 70.2%,  from $2.07M in 2017 to $4.88k in 2022.

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

Comparison: In 2022,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B). 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, Thailand exported $5.92M to Turkmenistan. The main products exported from Thailand to Turkmenistan were Cars ($2.61M), Lifting Machinery ($1.56M), and Uncoated Paper ($956k). During the last 5 years the exports of Thailand to Turkmenistan have decreased at an annualized rate of 2.45%, from $6.7M in 2017 to $5.92M in 2022.

In 2017, Turkmenistan exported $4.88k to Thailand. The main products exported from Turkmenistan to Thailand were Carbon ($4.48k), Felt or Coated Fabric Garments ($378), and Iron Fasteners ($14). During the last 5 years the exports of Turkmenistan to Thailand have decreased at an annualized rate of 70.2%, from $2.07M in 2022 to $4.88k in 2017.

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

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

Latest Data

Trade between Thailand (Flag) and Turkmenistan (Flag)

Thailand Exports

Market Competitiveness

Color
Thailand
Top DestinationUnited States$53.4B
Turkmenistan
Top DestinationChina$8.88B

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

In 2022, countries that imported more from Thailand than Turkmenistan included United States ($53.4B), China ($35.3B), and Japan ($24.6B).

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

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

Comparative Advantage Thailand - Turkmenistan

Flow
Scale

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

During 2022, Thailand had a large net trade with Turkmenistan in the exports of Transportation ($2.61M), Machines ($1.91M), and Paper Goods ($956k).

During 2017, Turkmenistan had a large net trade with Thailand in the exports of Chemical Products ($4.48k), Textiles ($378), and Metals ($14).

Economic Complexity

Competitive Landscape

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

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

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