2023
Flag  
GDP
$60.6BCURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP GROWTH
54.7%CURRENT US$
Rnk 66 / 195
2023
Flag
 GDP
$22.3BCURRENT US$
Rnk 116 / 195
2013-2023
Flag
GDP GROWTH
107%CURRENT US$
Rnk 11 / 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
$40,396CURRENT US$
Rnk 31 / 196
2013-2023
Flag
GDP PC GROWTH
59.4%CURRENT US$
Rnk 32 / 195

About

Turkmenistan-Malta Trade: In 2023, Turkmenistan exported $23 to Malta. The main products that Turkmenistan exported to Malta were Industrial Fatty Acids, Oils and Alcohols ($23). Over the past 8 years the exports of Turkmenistan to Malta have decreased at an annualized rate of 36.1%, from $828 in 2015 to $23 in 2023.

In 2023, Turkmenistan did not export any services to Malta.

Malta-Turkmenistan Trade: In 2023, Malta exported $20.6M to Turkmenistan. The main products that Malta exported to Turkmenistan were N/A. Over the past 8 years the exports of Malta to Turkmenistan have increased at an annualized rate of 310%,  from $17.8k in 2015 to $20.6M in 2023.

In 2023, Malta 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, Malta ranked 112 in total exports ($8.21B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turkmenistan exported $23 to Malta. The main products exported from Turkmenistan to Malta were Industrial Fatty Acids, Oils and Alcohols ($23). During the last 8 years the exports of Turkmenistan to Malta have decreased at an annualized rate of 36.1%, from $828 in 2015 to $23 in 2023.

In 2016, Malta exported $20.6M to Turkmenistan. There were not main exports from Malta to Turkmenistan in 2016. During the last 5 years the exports of Malta to Turkmenistan have increased at an annualized rate of 310%, from $17.8k in 2021 to $20.6M in 2016.

Exports from Turkmenistan (Flag) to Malta (Flag) (2023)

Exports from Malta (Flag) to Turkmenistan (Flag) (2023)

Latest Data

Trade between Turkmenistan (Flag) and Malta (Flag)

Malta Exports

Market Competitiveness

Color
Turkmenistan
Top Destination
China$9.63B
Malta
Top Destination
Nigeria$2.26B

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

In 2023, countries that imported more from Turkmenistan than Malta included China ($9.63B), Turkey ($1.66B), and Greece ($1.03B).

In 2023, countries that imported more from Malta than Turkmenistan included Nigeria ($2.26B), Germany ($849M), and Hong Kong ($308M).

Difference in imports from Malta (Flag) and Turkmenistan (Flag) (2023)

Comparative Advantage Turkmenistan - Malta

Flow
Scale

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

During 2023, Turkmenistan had a large net trade with Malta in the exports of Chemical Products ($23).

During 2016, Malta 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 Malta. This means that a dot/product with the flag of Turkmenistan indicates it has a comparative advantage over Malta. Similarly, a dot/product with the flag of Malta indicates it has a comparative advantage over Turkmenistan.

Product Space of Turkmenistan (Flag) and Malta (Flag) (2023)

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