2022
Flag
 GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
GDP PC
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186

About

Turkmenistan-Netherlands Trade: In 2022, Turkmenistan exported $1.24M to Netherlands. The main products that Turkmenistan exported to Netherlands were Electrical Ignitions ($624k), Air Conditioners ($210k), and Gas Turbines ($123k). Over the past 5 years the exports of Turkmenistan to Netherlands have decreased at an annualized rate of 19.2%, from $3.59M in 2017 to $1.24M in 2022.

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

Netherlands-Turkmenistan Trade: In 2022, Netherlands exported $77.3M to Turkmenistan. The main products that Netherlands exported to Turkmenistan were Broadcasting Equipment ($16.3M), Computers ($5.65M), and Rubber Tires ($4.45M). Over the past 5 years the exports of Netherlands to Turkmenistan have increased at an annualized rate of 2.06%,  from $69.8M in 2017 to $77.3M in 2022.

In 2022, Netherlands 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, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkmenistan exported $1.24M to Netherlands. The main products exported from Turkmenistan to Netherlands were Electrical Ignitions ($624k), Air Conditioners ($210k), and Gas Turbines ($123k). During the last 5 years the exports of Turkmenistan to Netherlands have decreased at an annualized rate of 19.2%, from $3.59M in 2017 to $1.24M in 2022.

In 2017, Netherlands exported $77.3M to Turkmenistan. The main products exported from Netherlands to Turkmenistan were Broadcasting Equipment ($16.3M), Computers ($5.65M), and Rubber Tires ($4.45M). During the last 5 years the exports of Netherlands to Turkmenistan have increased at an annualized rate of 2.06%, from $69.8M in 2022 to $77.3M in 2017.

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

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

Latest Data

Trade between Turkmenistan (Flag) and Netherlands (Flag)

Netherlands Exports

Market Competitiveness

Color
Turkmenistan
Top Destination
China$8.88B
Netherlands
Top Destination
Germany$131B

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

In 2022, countries that imported more from Turkmenistan than Netherlands included Uzbekistan ($664M), Azerbaijan ($460M), and Tajikistan ($47.5M).

In 2022, countries that imported more from Netherlands than Turkmenistan included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

Comparative Advantage Turkmenistan - Netherlands

Flow
Scale

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

During 2022, Turkmenistan had a large net trade with Netherlands in the exports of Machines ($988k), Textiles ($111k), and Instruments ($64.9k).

During 2017, Netherlands had a large net trade with Turkmenistan in the exports of Machines ($42.7M), Instruments ($11.9M), and Plastics and Rubbers ($7.86M).

Economic Complexity

Competitive Landscape

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

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

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