2022
Flag
 GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
GDP PC
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186

About

Turkmenistan-Colombia Trade: In 2022, Turkmenistan exported $7.26M to Colombia. The main products that Turkmenistan exported to Colombia were Potassic Fertilizers ($4.85M) and Nitrogenous Fertilizers ($2.41M). Over the past 5 years the exports of Turkmenistan to Colombia have increased at an annualized rate of 346%, from $4.09k in 2017 to $7.26M in 2022.

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

Colombia-Turkmenistan Trade: In 2022, Colombia exported $80.6k to Turkmenistan. The main products that Colombia exported to Turkmenistan were N/A. Over the past 5 years the exports of Colombia to Turkmenistan have increased at an annualized rate of 23.5%,  from $7.88k in 2017 to $80.6k in 2022.

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

Comparison: In 2022,  Turkmenistan ranked 90 in the Economic Complexity Index (ECI -0.56), and 95 in total exports ($12.5B). That same year, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkmenistan exported $7.26M to Colombia. The main products exported from Turkmenistan to Colombia were Potassic Fertilizers ($4.85M) and Nitrogenous Fertilizers ($2.41M). During the last 5 years the exports of Turkmenistan to Colombia have increased at an annualized rate of 346%, from $4.09k in 2017 to $7.26M in 2022.

In 2016, Colombia exported $80.6k to Turkmenistan. There were not main exports from Colombia to Turkmenistan in 2016. During the last 5 years the exports of Colombia to Turkmenistan have increased at an annualized rate of 23.5%, from $7.88k in 2021 to $80.6k in 2016.

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

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

Latest Data

Trade between Turkmenistan (Flag) and Colombia (Flag)

Colombia Exports

Market Competitiveness

Color
Turkmenistan
Top Destination
China$8.88B
Colombia
Top Destination
United States$15.6B

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

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

In 2022, countries that imported more from Colombia than Turkmenistan included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

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

Comparative Advantage Turkmenistan - Colombia

Flow
Scale

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

During 2022, Turkmenistan had a large net trade with Colombia in the exports of Chemical Products ($7.26M).

During 2016, Colombia had a large net trade with Turkmenistan in the exports of .

Economic Complexity

Competitive Landscape

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

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

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