2022
Flag
 GDP
$13.6BCURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP GROWTH
39.2%CURRENT US$
Rnk 84 / 186
2022
Flag
GDP PC
$6,591CURRENT US$
Rnk 100 / 186
2012-2022
Flag
GDP PC GROWTH
39.4%CURRENT US$
Rnk 50 / 186

About

Turkmenistan-North Macedonia Trade: In 2022, Turkmenistan exported $849k to North Macedonia. The main products that Turkmenistan exported to North Macedonia were Nitrogenous Fertilizers ($617k), Packing Bags ($83.7k), and Non-Retail Pure Cotton Yarn ($71.1k). Over the past 5 years the exports of Turkmenistan to North Macedonia have increased at an annualized rate of 63.6%, from $72.4k in 2017 to $849k in 2022.

In 2022, Turkmenistan did not export any services to North Macedonia.

North Macedonia-Turkmenistan Trade: In 2022, North Macedonia exported $54.7k to Turkmenistan. The main products that North Macedonia exported to Turkmenistan were N/A. Over the past 5 years the exports of North Macedonia to Turkmenistan have decreased at an annualized rate of 15.4%,  from $126k in 2017 to $54.7k in 2022.

In 2022, North Macedonia 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, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkmenistan exported $849k to North Macedonia. The main products exported from Turkmenistan to North Macedonia were Nitrogenous Fertilizers ($617k), Packing Bags ($83.7k), and Non-Retail Pure Cotton Yarn ($71.1k). During the last 5 years the exports of Turkmenistan to North Macedonia have increased at an annualized rate of 63.6%, from $72.4k in 2017 to $849k in 2022.

In 2011, North Macedonia exported $54.7k to Turkmenistan. There were not main exports from North Macedonia to Turkmenistan in 2011. During the last 5 years the exports of North Macedonia to Turkmenistan have decreased at an annualized rate of 15.4%, from $126k in 2016 to $54.7k in 2011.

Exports from Turkmenistan (Flag) to North Macedonia (Flag) (2022)

Exports from North Macedonia (Flag) to Turkmenistan (Flag) (2022)

Latest Data

Trade between Turkmenistan (Flag) and North Macedonia (Flag)

North Macedonia Exports

Market Competitiveness

Color
Turkmenistan
Top Destination
China$8.88B
North Macedonia
Top Destination
Germany$3.96B

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

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

In 2022, countries that imported more from North Macedonia than Turkmenistan included Germany ($3.96B), Serbia ($800M), and Greece ($683M).

Difference in imports from North Macedonia (Flag) and Turkmenistan (Flag) (2022)

Comparative Advantage Turkmenistan - North Macedonia

Flow
Scale

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

During 2022, Turkmenistan had a large net trade with North Macedonia in the exports of Chemical Products ($617k), Textiles ($168k), and Plastics and Rubbers ($63.8k).

During 2011, North Macedonia 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 North Macedonia. This means that a dot/product with the flag of Turkmenistan indicates it has a comparative advantage over North Macedonia. Similarly, a dot/product with the flag of North Macedonia indicates it has a comparative advantage over Turkmenistan.

Product Space of Turkmenistan (Flag) and North Macedonia (Flag) (2022)

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