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2023
Flag → Flag
Exports $5.62MRnk 31 / 99
2023
Flag → Flag
Top Product $3.36MGas Turbines
2023
Flag → Flag
Exports $215MRnk 111 / 220
2023
Flag → Flag
Top Product $52.7MTractors
2023
Flag
Economic Complexity (ECI) ECI -0.69Rnk 96 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.79Rnk 5 / 132
2023
Flag  
GDP$60.6BCURRENT US$
Rnk 88 / 195
2013-2023
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GDP GROWTH54.7%CURRENT US$
Rnk 66 / 195
2023
Flag
 GDP$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH18.8%CURRENT US$
Rnk 144 / 195
2023
Flag
GDP PC $8,233CURRENT US$
Rnk 95 / 195
2013-2023
Flag
GDP PC GROWTH24.7%CURRENT US$
Rnk 87 / 195
2023
Flag
GDP PC$54,343CURRENT US$
Rnk 21 / 196
2013-2023
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GDP PC GROWTH15.1%CURRENT US$
Rnk 118 / 195

About

Turkmenistan-Germany Trade: In 2023, Turkmenistan exported $5.62M to Germany. The main products that Turkmenistan exported to Germany were Gas Turbines ($3.36M), Carbon ($840k), and Other Wood Articles ($476k). Over the past 5 years the exports of Turkmenistan to Germany have increased at an annualized rate of 16.6%, from $2.6M in 2018 to $5.62M in 2023.

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

Germany-Turkmenistan Trade: In 2023, Germany exported $215M to Turkmenistan. The main products that Germany exported to Turkmenistan were Tractors ($52.7M), Valves ($15.3M), and Refined Petroleum ($12.4M). Over the past 5 years the exports of Germany to Turkmenistan have increased at an annualized rate of 2.47%,  from $173M in 2018 to $215M in 2023.

In 2023, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turkmenistan exported $5.62M to Germany. The main products exported from Turkmenistan to Germany were Gas Turbines ($3.36M), Carbon ($840k), and Other Wood Articles ($476k). During the last 5 years the exports of Turkmenistan to Germany have increased at an annualized rate of 16.6%, from $2.6M in 2018 to $5.62M in 2023.

In 2018, Germany exported $215M to Turkmenistan. The main products exported from Germany to Turkmenistan were Tractors ($52.7M), Valves ($15.3M), and Refined Petroleum ($12.4M). During the last 5 years the exports of Germany to Turkmenistan have increased at an annualized rate of 2.47%, from $173M in 2023 to $215M in 2018.

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

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

Latest Data

Trade between Turkmenistan (Flag) and Germany (Flag)

Germany Exports

Market Competitiveness

Color
Turkmenistan
Top DestinationChina$9.63B
Germany
Top DestinationUnited States$157B

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

In 2023, no countries were registered that imported more from Turkmenistan than from Germany.

In 2023, countries that imported more from Germany than Turkmenistan included United States ($157B), France ($118B), and Netherlands ($108B).

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

Comparative Advantage Turkmenistan - Germany

Flow
Scale

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

During 2023, Turkmenistan had a large net trade with Germany in the exports of Machines ($3.36M), Chemical Products ($1.45M), and Wood Products ($476k).

During 2018, Germany had a large net trade with Turkmenistan in the exports of Transportation ($72.8M), Machines ($64.5M), and Chemical Products ($24.4M).

Economic Complexity

Competitive Landscape

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

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

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