Turkmenistan (TKM) and Sri Lanka (LKA) Trade | The Observatory of Economic Complexity

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Turkmenistan-Sri Lanka Trade: In 2022, Turkmenistan exported $63.2k to Sri Lanka. The main products that Turkmenistan exported to Sri Lanka were Carbon ($62.6k) and Computers ($623). Over the past 8 years the exports of Turkmenistan to Sri Lanka have increased at an annualized rate of 4.95%, from $43k in 2014 to $63.2k in 2022.

In 2022, Turkmenistan did not export any services to Sri Lanka.

Sri Lanka-Turkmenistan Trade: In 2022, Sri Lanka exported $1.92M to Turkmenistan. The main products that Sri Lanka exported to Turkmenistan were Coconut and Other Vegetable Fibers ($1.42M), Tea ($486k), and Live Fish ($8.42k). Over the past 8 years the exports of Sri Lanka to Turkmenistan have increased at an annualized rate of 51.9%, from $238k in 2014 to $1.92M in 2022.

In 2022, Sri Lanka did not export any services to Turkmenistan.

Comparison: In 2022, Turkmenistan ranked 90 in the Economic Complexity Index (ECI -0.56), and 95 in total exports ($12.5B). That same year, Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Turkmenistan exported $63.2k to Sri Lanka. The main products exported from Turkmenistan to Sri Lanka were Carbon ($62.6k) and Computers ($623). During the last 8 years the exports of Turkmenistan to Sri Lanka have increased at an annualized rate of 4.95%, from $43k in 2014 to $63.2k in 2022.

In 2017, Sri Lanka exported $1.92M to Turkmenistan. The main products exported from Sri Lanka to Turkmenistan were Coconut and Other Vegetable Fibers ($1.42M), Tea ($486k), and Live Fish ($8.42k). During the last 5 years the exports of Sri Lanka to Turkmenistan have increased at an annualized rate of 51.9%, from $238k in 2022 to $1.92M in 2017.

Exports from Turkmenistan () to Sri Lanka () (2022)

Exports from Sri Lanka () to Turkmenistan () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkmenistan
Top DestinationChina$8.88B

Sri Lanka
Top DestinationUnited States$3.52B

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

In 2022, countries that imported more from Turkmenistan than Sri Lanka included China ($8.88B), Turkey ($884M), and Uzbekistan ($664M).

In 2022, countries that imported more from Sri Lanka than Turkmenistan included United States ($3.52B), India ($1.12B), and United Kingdom ($1.04B).

Difference in imports from Sri Lanka () and Turkmenistan () (2022)

Comparative Advantage Turkmenistan - Sri Lanka

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Turkmenistan had a large net trade with Sri Lanka in the exports of Chemical Products ($62.6k) and Machines ($623).

During 2017, Sri Lanka had a large net trade with Turkmenistan in the exports of Textiles ($1.42M), Vegetable Products ($486k), and Animal Products ($8.42k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Turkmenistan () to Sri Lanka () (2022)

Exports from Sri Lanka () to Turkmenistan () (2022)

Market Competitiveness

Difference in imports from Sri Lanka () and Turkmenistan () (2022)

Comparative Advantage Turkmenistan - Sri Lanka

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Turkmenistan () and Sri Lanka () (2022)

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