2023
Flag  
GDP
$60.6BCURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP GROWTH
54.7%CURRENT US$
Rnk 66 / 195
2023
Flag
 GDP
$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH
-19.1%CURRENT US$
Rnk 189 / 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
$4,466CURRENT US$
Rnk 125 / 196
2013-2023
Flag
GDP PC GROWTH
-28.2%CURRENT US$
Rnk 186 / 195

About

Turkmenistan-Iran Trade: In 2022, Turkmenistan exported $28.4M to Iran. The main products that Turkmenistan exported to Iran were N/A. Over the past 5 years the exports of Turkmenistan to Iran have increased at an annualized rate of 17.3%, from $12.8M in 2017 to $28.4M in 2022.

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

Iran-Turkmenistan Trade: In 2022, Iran exported $434M to Turkmenistan. The main products that Iran exported to Turkmenistan were N/A. Over the past 5 years the exports of Iran to Turkmenistan have increased at an annualized rate of 0.38%,  from $411M in 2017 to $434M in 2022.

In 2022, Iran 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, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkmenistan exported $28.4M to Iran. There were not main exports from Turkmenistan to Iran in 2022. During the last 5 years the exports of Turkmenistan to Iran have increased at an annualized rate of 17.3%, from $12.8M in 2017 to $28.4M in 2022.

In 2017, Iran exported $434M to Turkmenistan. There were not main exports from Iran to Turkmenistan in 2017. During the last 5 years the exports of Iran to Turkmenistan have increased at an annualized rate of 0.38%, from $411M in 2022 to $434M in 2017.

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

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

Market Competitiveness

Color
Turkmenistan
Top Destination
China$9.63B
Iran
Top Destination
China$4.59B

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

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

In 2023, countries that imported more from Iran than Turkmenistan included Pakistan ($943M), India ($1.02B), and Armenia ($597M).

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

Comparative Advantage Turkmenistan - Iran

Flow
Scale

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

During 2022, Turkmenistan had a large net trade with Iran in the exports of .

During 2017, Iran 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 Iran. This means that a dot/product with the flag of Turkmenistan indicates it has a comparative advantage over Iran. Similarly, a dot/product with the flag of Iran indicates it has a comparative advantage over Turkmenistan.

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

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