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2022
Flag → Flag
Exports $33.9kRnk 66 / 95
2022
Flag → Flag
Top Product $33.5kHand-Woven Rugs
2022
Flag → Flag
Exports $516kRnk 167 / 209
2022
Flag → Flag
Top Product $166kNon-fillet Frozen Fish
2022
Flag
Economic Complexity (ECI) ECI -0.56Rnk 90 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
Flag
 GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186

About

Turkmenistan-Norway Trade: In 2022, Turkmenistan exported $33.9k to Norway. The main products that Turkmenistan exported to Norway were Hand-Woven Rugs ($33.5k), Other Rubber Products ($237), and Non-Knit Women's Shirts ($194). Over the past 7 years the exports of Turkmenistan to Norway have decreased at an annualized rate of 9.12%, from $66.2k in 2015 to $33.9k in 2022.

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

Norway-Turkmenistan Trade: In 2022, Norway exported $516k to Turkmenistan. The main products that Norway exported to Turkmenistan were Non-fillet Frozen Fish ($166k), Fish Fillets ($163k), and Gas Turbines ($74.8k). Over the past 7 years the exports of Norway to Turkmenistan have increased at an annualized rate of 0.65%,  from $499k in 2015 to $516k in 2022.

In 2022, Norway 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, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkmenistan exported $33.9k to Norway. The main products exported from Turkmenistan to Norway were Hand-Woven Rugs ($33.5k), Other Rubber Products ($237), and Non-Knit Women's Shirts ($194). During the last 7 years the exports of Turkmenistan to Norway have decreased at an annualized rate of 9.12%, from $66.2k in 2015 to $33.9k in 2022.

In 2017, Norway exported $516k to Turkmenistan. The main products exported from Norway to Turkmenistan were Non-fillet Frozen Fish ($166k), Fish Fillets ($163k), and Gas Turbines ($74.8k). During the last 5 years the exports of Norway to Turkmenistan have increased at an annualized rate of 0.65%, from $499k in 2022 to $516k in 2017.

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

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

Latest Data

Trade between Turkmenistan (Flag) and Norway (Flag)

Norway Exports

Market Competitiveness

Color
Turkmenistan
Top DestinationChina$8.88B
Norway
Top DestinationGermany$78.1B

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

In 2022, countries that imported more from Turkmenistan than Norway included China ($8.88B), Uzbekistan ($664M), and Azerbaijan ($460M).

In 2022, countries that imported more from Norway than Turkmenistan included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Comparative Advantage Turkmenistan - Norway

Flow
Scale

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

During 2022, Turkmenistan had a large net trade with Norway in the exports of Textiles ($33.7k) and Plastics and Rubbers ($237).

During 2017, Norway had a large net trade with Turkmenistan in the exports of Animal Products ($329k), Machines ($97.2k), and Instruments ($45.7k).

Economic Complexity

Competitive Landscape

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

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

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