2022
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 GDP
$247BCURRENT US$
Rnk 50 / 186
2012-2022
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GDP GROWTH
40.3%CURRENT US$
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2022
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GDP PC
$48,249CURRENT US$
Rnk 22 / 186
2012-2022
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GDP PC GROWTH
20.7%CURRENT US$
Rnk 86 / 186

About

Turkmenistan-New Zealand Trade: In 2022, Turkmenistan exported $1.32k to New Zealand. The main products that Turkmenistan exported to New Zealand were Trunks and Cases ($1.04k), Low-voltage Protection Equipment ($176), and Non-Knit Women's Suits ($106). Over the past 6 years the exports of Turkmenistan to New Zealand have increased at an annualized rate of 24%, from $362 in 2016 to $1.32k in 2022.

In 2022, Turkmenistan did not export any services to New Zealand.

New Zealand-Turkmenistan Trade: In 2022, New Zealand exported $4.83k to Turkmenistan. The main products that New Zealand exported to Turkmenistan were N/A. Over the past 6 years the exports of New Zealand to Turkmenistan have decreased at an annualized rate of 49.8%,  from $152k in 2016 to $4.83k in 2022.

In 2022, New Zealand 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, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkmenistan exported $1.32k to New Zealand. The main products exported from Turkmenistan to New Zealand were Trunks and Cases ($1.04k), Low-voltage Protection Equipment ($176), and Non-Knit Women's Suits ($106). During the last 6 years the exports of Turkmenistan to New Zealand have increased at an annualized rate of 24%, from $362 in 2016 to $1.32k in 2022.

In 2014, New Zealand exported $4.83k to Turkmenistan. There were not main exports from New Zealand to Turkmenistan in 2014. During the last 5 years the exports of New Zealand to Turkmenistan have decreased at an annualized rate of 49.8%, from $152k in 2019 to $4.83k in 2014.

Exports from Turkmenistan (Flag) to New Zealand (Flag) (2022)

Exports from New Zealand (Flag) to Turkmenistan (Flag) (2022)

Latest Data

Trade between Turkmenistan (Flag) and New Zealand (Flag)

New Zealand Exports

Market Competitiveness

Color
Turkmenistan
Top Destination
China$8.88B
New Zealand
Top Destination
China$13.1B

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

In 2022, countries that imported more from Turkmenistan than New Zealand included Turkey ($884M), Uzbekistan ($664M), and Azerbaijan ($460M).

In 2022, countries that imported more from New Zealand than Turkmenistan included Australia ($5.35B), United States ($5.07B), and China ($13.1B).

Difference in imports from New Zealand (Flag) and Turkmenistan (Flag) (2022)

Comparative Advantage Turkmenistan - New Zealand

Flow
Scale

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

During 2022, Turkmenistan had a large net trade with New Zealand in the exports of Animal Hides ($1.04k), Machines ($176), and Textiles ($106).

During 2014, New Zealand 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 New Zealand. This means that a dot/product with the flag of Turkmenistan indicates it has a comparative advantage over New Zealand. Similarly, a dot/product with the flag of New Zealand indicates it has a comparative advantage over Turkmenistan.

Product Space of Turkmenistan (Flag) and New Zealand (Flag) (2022)

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