Turkmenistan (TKM) and Luxembourg (LUX) Trade | The Observatory of Economic Complexity

About

Turkmenistan-Luxembourg Trade: In 2022, Turkmenistan exported $847 to Luxembourg. The main products that Turkmenistan exported to Luxembourg were Non-Knit Men's Suits ($847). Over the past 6 years the exports of Turkmenistan to Luxembourg have decreased at an annualized rate of 13.7%, from $2.06k in 2016 to $847 in 2022.

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

Luxembourg-Turkmenistan In N/A, Luxembourg did not export any products to Turkmenistan.

In 2022, Luxembourg 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, Luxembourg ranked 78 in total exports ($20.5B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Turkmenistan exported $847 to Luxembourg. The main products exported from Turkmenistan to Luxembourg were Non-Knit Men's Suits ($847). During the last 6 years the exports of Turkmenistan to Luxembourg have decreased at an annualized rate of 13.7%, from $2.06k in 2016 to $847 in 2022.

Luxembourg does not register exports to Turkmenistan. The main products exported from Luxembourg to Turkmenistan were Rubberworking Machinery ($903k), Metal Molds ($625k), and Other Hand Tools ($38.4k).

Exports from Turkmenistan () to Luxembourg () (2022)

Exports from Luxembourg () to Turkmenistan () (2022)

Latest Data

Trade between Turkmenistan () and Luxembourg ()

Luxembourg Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkmenistan
Top DestinationChina$8.88B

Luxembourg
Top DestinationGermany$4.15B

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

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

In 2022, countries that imported more from Luxembourg than Turkmenistan included Germany ($4.15B), France ($3.07B), and Belgium ($2.09B).

Difference in imports from Luxembourg () and Turkmenistan () (2022)

Comparative Advantage Turkmenistan - Luxembourg

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Turkmenistan had a large net trade with Luxembourg in the exports of Textiles ($847).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Turkmenistan () to Luxembourg () (2022)

Exports from Luxembourg () to Turkmenistan () (2022)

Latest Data

Trade between Turkmenistan () and Luxembourg ()

Luxembourg Exports

Market Competitiveness

Difference in imports from Luxembourg () and Turkmenistan () (2022)

Comparative Advantage Turkmenistan - Luxembourg

Economic Complexity

Competitive Landscape

Product Space of Turkmenistan () and Luxembourg () (2022)

Keep Exploring