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2022
Flag → Flag
Exports $63.2kRnk 60 / 95
2022
Flag → Flag
Exports $1.92MRnk 125 / 194
2022
Flag → Flag
Top Product $1.42MCoconut and Other Vegetable Fibers
2022
Flag
Economic Complexity (ECI) ECI -0.56Rnk 90 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag
 GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
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GDP PC$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186

About

Turkmenistan-Sri Lanka Trade: In 2022, Turkmenistan exported $63.2k to Sri Lanka. The main products that Turkmenistan exported to Sri Lanka were N/A. 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
Value

In 2022, Turkmenistan exported $63.2k to Sri Lanka. There were not main exports from Turkmenistan to Sri Lanka in 2022. 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 (Flag) to Sri Lanka (Flag) (2022)

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

Market Competitiveness

Color
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 (Flag) and Turkmenistan (Flag) (2022)

Comparative Advantage Turkmenistan - Sri Lanka

Flow
Scale

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).

Economic Complexity

Competitive Landscape

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.

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

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