NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $3.24MRnk 183 / 216
2023
Flag → Flag
Top Product $1.38MUncoated Paper
2023
Flag → Flag
Exports $30.2kRnk 63 / 99
2023
Flag → Flag
Top Product $25.9kOther Coloring Matter
2023
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.69Rnk 96 / 132
2023
Flag  
GDP$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH22.5%CURRENT US$
Rnk 133 / 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 $7,182CURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP PC GROWTH19.3%CURRENT US$
Rnk 103 / 195
2023
Flag
GDP PC$8,233CURRENT US$
Rnk 95 / 196
2013-2023
Flag
GDP PC GROWTH24.7%CURRENT US$
Rnk 87 / 195

About

Thailand-Turkmenistan Trade: In 2023, Thailand exported $3.24M to Turkmenistan. The main products that Thailand exported to Turkmenistan were Uncoated Paper ($1.38M), Cars ($958k), and Lifting Machinery ($507k). Over the past 5 years the exports of Thailand to Turkmenistan have increased at an annualized rate of 16.4%, from $1.52M in 2018 to $3.24M in 2023.

In 2023, Thailand did not export any services to Turkmenistan.

Turkmenistan-Thailand Trade: In 2023, Turkmenistan exported $30.2k to Thailand. The main products that Turkmenistan exported to Thailand were Other Coloring Matter ($25.9k), Iron Structures ($4.31k), and Electrical Resistors ($5). Over the past 5 years the exports of Turkmenistan to Thailand have decreased at an annualized rate of 43.6%,  from $530k in 2018 to $30.2k in 2023.

In 2023, Turkmenistan did not export any services to Thailand.

Comparison: In 2023,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B). 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, Thailand exported $3.24M to Turkmenistan. The main products exported from Thailand to Turkmenistan were Uncoated Paper ($1.38M), Cars ($958k), and Lifting Machinery ($507k). During the last 5 years the exports of Thailand to Turkmenistan have increased at an annualized rate of 16.4%, from $1.52M in 2018 to $3.24M in 2023.

In 2018, Turkmenistan exported $30.2k to Thailand. The main products exported from Turkmenistan to Thailand were Other Coloring Matter ($25.9k), Iron Structures ($4.31k), and Electrical Resistors ($5). During the last 5 years the exports of Turkmenistan to Thailand have decreased at an annualized rate of 43.6%, from $530k in 2023 to $30.2k in 2018.

Exports from Thailand (Flag) to Turkmenistan (Flag) (2023)

Exports from Turkmenistan (Flag) to Thailand (Flag) (2023)

Latest Data

Trade between Thailand (Flag) and Turkmenistan (Flag)

Thailand Exports

Market Competitiveness

Color
Thailand
Top DestinationUnited States$58.5B
Turkmenistan
Top DestinationChina$9.63B

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 2023, countries that imported more from Thailand than Turkmenistan included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

In 2023, countries that imported more from Turkmenistan than Thailand included Greece ($1.03B), Uzbekistan ($950M), and Azerbaijan ($687M).

Difference in imports from Turkmenistan (Flag) and Thailand (Flag) (2023)

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 2023, Thailand had a large net trade with Turkmenistan in the exports of Paper Goods ($1.38M), Transportation ($958k), and Machines ($525k).

During 2018, Turkmenistan had a large net trade with Thailand in the exports of Chemical Products ($25.9k), Metals ($4.31k), and Machines ($5).

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) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms