2023
Flag  
GDP
$60.6BCURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP GROWTH
54.7%CURRENT US$
Rnk 66 / 195
2023
Flag
 GDP
$1.71TCURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP GROWTH
25%CURRENT US$
Rnk 127 / 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
$33,121CURRENT US$
Rnk 41 / 196
2013-2023
Flag
GDP PC GROWTH
21.9%CURRENT US$
Rnk 99 / 195

About

Turkmenistan-South Korea Trade: In 2022, Turkmenistan exported $35.2k to South Korea. The main products that Turkmenistan exported to South Korea were N/A. Over the past 5 years the exports of Turkmenistan to South Korea have decreased at an annualized rate of 7.11%, from $50.9k in 2017 to $35.2k in 2022.

In 2022, Turkmenistan did not export any services to South Korea.

South Korea-Turkmenistan Trade: In 2022, South Korea exported $8.54M to Turkmenistan. The main products that South Korea exported to Turkmenistan were N/A. Over the past 5 years the exports of South Korea to Turkmenistan have decreased at an annualized rate of 42.1%,  from $131M in 2017 to $8.54M in 2022.

In 2022, South Korea 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.85), and 5 in total exports ($645B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkmenistan exported $35.2k to South Korea. There were not main exports from Turkmenistan to South Korea in 2022. During the last 5 years the exports of Turkmenistan to South Korea have decreased at an annualized rate of 7.11%, from $50.9k in 2017 to $35.2k in 2022.

In 2017, South Korea exported $8.54M to Turkmenistan. There were not main exports from South Korea to Turkmenistan in 2017. During the last 5 years the exports of South Korea to Turkmenistan have decreased at an annualized rate of 42.1%, from $131M in 2022 to $8.54M in 2017.

Exports from Turkmenistan (Flag) to South Korea (Flag) (2022)

Exports from South Korea (Flag) to Turkmenistan (Flag) (2022)

Latest Data

Trade between Turkmenistan (Flag) and South Korea (Flag)

South Korea Exports

Market Competitiveness

Color
Turkmenistan
Top Destination
China$9.63B
South Korea
Top Destination
China$162B

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

In 2023, countries that imported more from Turkmenistan than South Korea included Greece ($1.03B) and Azerbaijan ($687M).

In 2023, countries that imported more from South Korea than Turkmenistan included China ($162B), United States ($118B), and Hong Kong ($28.8B).

Difference in imports from South Korea (Flag) and Turkmenistan (Flag) (2023)

Comparative Advantage Turkmenistan - South Korea

Flow
Scale

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

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

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

Product Space of Turkmenistan (Flag) and South Korea (Flag) (2022)

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