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2023
Flag → Flag
Exports $128Rnk 95 / 99
2023
Flag → Flag
Top Product $109Other Plastic Sheetings
2023
Flag → Flag
Exports $4.95MRnk 127 / 206
2023
Flag → Flag
Top Product $1.74MUncoated Paper
2023
Flag
Economic Complexity (ECI) ECI -0.69Rnk 96 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.46Rnk 13 / 132
2023
Flag  
GDP$60.6BCURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP GROWTH54.7%CURRENT US$
Rnk 66 / 195
2023
Flag
 GDP$296BCURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP GROWTH9.35%CURRENT US$
Rnk 158 / 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$52,926CURRENT US$
Rnk 23 / 196
2013-2023
Flag
GDP PC GROWTH6.51%CURRENT US$
Rnk 144 / 195

About

Turkmenistan-Finland Trade: In 2023, Turkmenistan exported $128 to Finland. The main products that Turkmenistan exported to Finland were Other Plastic Sheetings ($109) and Sauces and Seasonings ($19). Over the past 5 years the exports of Turkmenistan to Finland have decreased at an annualized rate of 65.1%, from $24.7k in 2018 to $128 in 2023.

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

Finland-Turkmenistan Trade: In 2023, Finland exported $4.95M to Turkmenistan. The main products that Finland exported to Turkmenistan were Uncoated Paper ($1.74M), Liquid Pumps ($1.33M), and Cheese ($371k). Over the past 5 years the exports of Finland to Turkmenistan have decreased at an annualized rate of 1.69%,  from $6.17M in 2018 to $4.95M in 2023.

In 2023, Finland 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, Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turkmenistan exported $128 to Finland. The main products exported from Turkmenistan to Finland were Other Plastic Sheetings ($109) and Sauces and Seasonings ($19). During the last 5 years the exports of Turkmenistan to Finland have decreased at an annualized rate of 65.1%, from $24.7k in 2018 to $128 in 2023.

In 2018, Finland exported $4.95M to Turkmenistan. The main products exported from Finland to Turkmenistan were Uncoated Paper ($1.74M), Liquid Pumps ($1.33M), and Cheese ($371k). During the last 5 years the exports of Finland to Turkmenistan have decreased at an annualized rate of 1.69%, from $6.17M in 2023 to $4.95M in 2018.

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

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

Latest Data

Trade between Turkmenistan (Flag) and Finland (Flag)

Finland Exports

Market Competitiveness

Color
Turkmenistan
Top DestinationChina$9.63B
Finland
Top DestinationUnited States$9.68B

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

In 2023, countries that imported more from Turkmenistan than Finland included China ($9.63B), Uzbekistan ($950M), and Greece ($1.03B).

In 2023, countries that imported more from Finland than Turkmenistan included United States ($9.68B), Germany ($9.26B), and Sweden ($8.13B).

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

Comparative Advantage Turkmenistan - Finland

Flow
Scale

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

During 2023, Turkmenistan had a large net trade with Finland in the exports of Plastics and Rubbers ($109) and Foodstuffs ($19).

During 2018, Finland had a large net trade with Turkmenistan in the exports of Paper Goods ($2.05M), Machines ($1.35M), and Animal Products ($486k).

Economic Complexity

Competitive Landscape

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

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

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