2023
Flag  
GDP
$60.6BCURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP GROWTH
54.7%CURRENT US$
Rnk 66 / 195
2023
Flag
 GDP
$514BCURRENT US$
Rnk 28 / 195
2013-2023
Flag
GDP GROWTH
72.6%CURRENT US$
Rnk 38 / 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
$52,642CURRENT US$
Rnk 24 / 196
2013-2023
Flag
GDP PC GROWTH
42.5%CURRENT US$
Rnk 56 / 195

About

Turkmenistan-Israel Trade: In 2023, Turkmenistan exported $215k to Israel. The main products that Turkmenistan exported to Israel were Hand-Woven Rugs ($106k), Nitrogenous Fertilizers ($61.2k), and Motor vehicles; parts and accessories (8701 to 8705) ($20k). Over the past 5 years the exports of Turkmenistan to Israel have increased at an annualized rate of 10.3%, from $132k in 2018 to $215k in 2023.

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

Israel-Turkmenistan Trade: In 2023, Israel exported $56.1k to Turkmenistan. The main products that Israel exported to Turkmenistan were Sowing Seeds ($22k), Beauty Products ($18k), and Vaccines, blood, antisera, toxins and cultures ($11k). Over the past 5 years the exports of Israel to Turkmenistan have decreased at an annualized rate of 45.7%,  from $1.19M in 2018 to $56.1k in 2023.

In 2023, Israel 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, Israel ranked 19 in the Economic Complexity Index (ECI 1.28), and 49 in total exports ($69.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turkmenistan exported $215k to Israel. The main products exported from Turkmenistan to Israel were Hand-Woven Rugs ($106k), Nitrogenous Fertilizers ($61.2k), and Motor vehicles; parts and accessories (8701 to 8705) ($20k). During the last 5 years the exports of Turkmenistan to Israel have increased at an annualized rate of 10.3%, from $132k in 2018 to $215k in 2023.

In 2018, Israel exported $56.1k to Turkmenistan. The main products exported from Israel to Turkmenistan were Sowing Seeds ($22k), Beauty Products ($18k), and Vaccines, blood, antisera, toxins and cultures ($11k). During the last 5 years the exports of Israel to Turkmenistan have decreased at an annualized rate of 45.7%, from $1.19M in 2023 to $56.1k in 2018.

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

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

Latest Data

Trade between Turkmenistan (Flag) and Israel (Flag)

Israel Exports

Market Competitiveness

Color
Turkmenistan
Top Destination
China$9.63B
Israel
Top Destination
United States$20.3B

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

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

In 2023, countries that imported more from Israel than Turkmenistan included United States ($20.3B), Ireland ($4.22B), and Germany ($2.75B).

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

Comparative Advantage Turkmenistan - Israel

Flow
Scale

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

During 2023, Turkmenistan had a large net trade with Israel in the exports of Textiles ($106k), Chemical Products ($61.2k), and Foodstuffs ($23k).

During 2018, Israel had a large net trade with Turkmenistan in the exports of Chemical Products ($31k), Vegetable Products ($22k), and Machines ($3k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with