2023
Flag  
GDP
$60.6BCURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP GROWTH
54.7%CURRENT US$
Rnk 66 / 195
2023
Flag
 GDP
$102BCURRENT US$
Rnk 69 / 195
2013-2023
Flag
GDP GROWTH
83.4%CURRENT US$
Rnk 30 / 195
2023
Flag
GDP PC 
$8,233CURRENT US$
Rnk 95 / 195
2013-2023
Flag
GDP PC GROWTH
24.7%CURRENT US$
Rnk 87 / 195
2023
Flag
GDP PC
$15,886CURRENT US$
Rnk 72 / 196
2013-2023
Flag
GDP PC GROWTH
107%CURRENT US$
Rnk 6 / 195

About

Turkmenistan-Bulgaria Trade: In 2023, Turkmenistan exported $3.67M to Bulgaria. The main products that Turkmenistan exported to Bulgaria were Nitrogenous Fertilizers ($3.65M), Asphalt Mixtures ($6.84k), and Excavation Machinery ($6.14k). Over the past 5 years the exports of Turkmenistan to Bulgaria have decreased at an annualized rate of 16.7%, from $9.13M in 2018 to $3.67M in 2023.

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

Bulgaria-Turkmenistan Trade: In 2023, Bulgaria exported $1.52M to Turkmenistan. The main products that Bulgaria exported to Turkmenistan were Packaged Medicaments ($506k), Trailers and semi-trailers, not mechanically propelled vehicles ($202k), and Other Large Iron Pipes ($115k). Over the past 5 years the exports of Bulgaria to Turkmenistan have decreased at an annualized rate of 3.82%,  from $1.84M in 2018 to $1.52M in 2023.

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

Comparison: In 2023,  Turkmenistan ranked 96 in the Economic Complexity Index (ECI -0.69), and 87 in total exports ($15.3B). That same year, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.69), and 59 in total exports ($50.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turkmenistan exported $3.67M to Bulgaria. The main products exported from Turkmenistan to Bulgaria were Nitrogenous Fertilizers ($3.65M), Asphalt Mixtures ($6.84k), and Excavation Machinery ($6.14k). During the last 5 years the exports of Turkmenistan to Bulgaria have decreased at an annualized rate of 16.7%, from $9.13M in 2018 to $3.67M in 2023.

In 2018, Bulgaria exported $1.52M to Turkmenistan. The main products exported from Bulgaria to Turkmenistan were Packaged Medicaments ($506k), Trailers and semi-trailers, not mechanically propelled vehicles ($202k), and Other Large Iron Pipes ($115k). During the last 5 years the exports of Bulgaria to Turkmenistan have decreased at an annualized rate of 3.82%, from $1.84M in 2023 to $1.52M in 2018.

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

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

Latest Data

Trade between Turkmenistan (Flag) and Bulgaria (Flag)

Bulgaria Exports

Market Competitiveness

Color
Turkmenistan
Top Destination
China$9.63B
Bulgaria
Top Destination
Germany$6.84B

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

In 2023, countries that imported more from Turkmenistan than Bulgaria included China ($9.63B), Uzbekistan ($950M), and Azerbaijan ($687M).

In 2023, countries that imported more from Bulgaria than Turkmenistan included Germany ($6.84B), Romania ($5.63B), and Italy ($4.06B).

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

Comparative Advantage Turkmenistan - Bulgaria

Flow
Scale

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

During 2023, Turkmenistan had a large net trade with Bulgaria in the exports of Chemical Products ($3.65M), Machines ($7.07k), and Mineral Products ($6.84k).

During 2018, Bulgaria had a large net trade with Turkmenistan in the exports of Chemical Products ($573k), Transportation ($307k), and Machines ($155k).

Economic Complexity

Competitive Landscape

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

Product Space of Turkmenistan (Flag) and Bulgaria (Flag) (2023)

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