2022
Flag
 GDP
$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
GDP PC
$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH
12.9%CURRENT US$
Rnk 104 / 186

About

Turkmenistan-Malaysia Trade: In 2022, Turkmenistan exported $110k to Malaysia. The main products that Turkmenistan exported to Malaysia were Oscilloscopes ($72.6k), Carbon ($21.5k), and Non-Knit Men's Suits ($2.76k). Over the past 5 years the exports of Turkmenistan to Malaysia have decreased at an annualized rate of 47.2%, from $2.69M in 2017 to $110k in 2022.

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

Malaysia-Turkmenistan Trade: In 2022, Malaysia exported $8.21M to Turkmenistan. The main products that Malaysia exported to Turkmenistan were Coffee and Tea Extracts ($5.68M), Palm Oil ($715k), and Other Vegetable Oils ($669k). Over the past 5 years the exports of Malaysia to Turkmenistan have decreased at an annualized rate of 8.22%,  from $13.7M in 2017 to $8.21M in 2022.

In 2022, Malaysia 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, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkmenistan exported $110k to Malaysia. The main products exported from Turkmenistan to Malaysia were Oscilloscopes ($72.6k), Carbon ($21.5k), and Non-Knit Men's Suits ($2.76k). During the last 5 years the exports of Turkmenistan to Malaysia have decreased at an annualized rate of 47.2%, from $2.69M in 2017 to $110k in 2022.

In 2017, Malaysia exported $8.21M to Turkmenistan. The main products exported from Malaysia to Turkmenistan were Coffee and Tea Extracts ($5.68M), Palm Oil ($715k), and Other Vegetable Oils ($669k). During the last 5 years the exports of Malaysia to Turkmenistan have decreased at an annualized rate of 8.22%, from $13.7M in 2022 to $8.21M in 2017.

Exports from Turkmenistan (Flag) to Malaysia (Flag) (2022)

Exports from Malaysia (Flag) to Turkmenistan (Flag) (2022)

Latest Data

Trade between Turkmenistan (Flag) and Malaysia (Flag)

Malaysia Exports

Market Competitiveness

Color
Turkmenistan
Top Destination
China$8.88B
Malaysia
Top Destination
Singapore$53.8B

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

In 2022, countries that imported more from Turkmenistan than Malaysia included Uzbekistan ($664M), Azerbaijan ($460M), and Georgia ($168M).

In 2022, countries that imported more from Malaysia than Turkmenistan included Singapore ($53.8B), United States ($44.2B), and China ($48.5B).

Difference in imports from Malaysia (Flag) and Turkmenistan (Flag) (2022)

Comparative Advantage Turkmenistan - Malaysia

Flow
Scale

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

During 2022, Turkmenistan had a large net trade with Malaysia in the exports of Instruments ($74.3k), Chemical Products ($23.2k), and Machines ($8.35k).

During 2017, Malaysia had a large net trade with Turkmenistan in the exports of Foodstuffs ($5.89M), Animal and Vegetable Bi-Products ($1.82M), and Chemical Products ($334k).

Economic Complexity

Competitive Landscape

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

Product Space of Turkmenistan (Flag) and Malaysia (Flag) (2022)

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