2022
Flag
 GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
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GDP GROWTH
54.4%CURRENT US$
Rnk 51 / 186
2022
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GDP PC
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 61 / 186

About

Turkmenistan-Philippines In 2022, Turkmenistan exported $24.7k to Philippines. The main products that Turkmenistan exported to Philippines are Carbon ($11.9k), Sulfuric Acid ($11k), and Other Headwear ($1.46k). During the last 18 years the exports of Turkmenistan to Philippines have increased at an annualized rate of 31.5%, from $179 in 2004 to $24.7k in 2022.

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

Philippines-Turkmenistan In 2022, Philippines exported $744 to Turkmenistan. The main products that Philippines exported to Turkmenistan were Printed Circuit Boards ($744). During the last 18 years the exports of Philippines to Turkmenistan have decreased at an annualized rate of 4.46%, from $1.69k in 2004 to $744 in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkmenistan exported $24.7k to Philippines. The main products exported from Turkmenistan to Philippines were Carbon ($11.9k), Sulfuric Acid ($11k), and Other Headwear ($1.46k). During the last 18 years the exports of Turkmenistan to Philippines have increased at an annualized rate of 31.5%, from $179 in 2004 to $24.7k in 2022.

In 2022, Philippines exported $744 to Turkmenistan. The main products exported from Philippines to Turkmenistan were Printed Circuit Boards ($744). During the last 20 years the exports of Philippines to Turkmenistan have decreased at an annualized rate of 4.46%, from $1.69k in 2002 to $744 in 2022.

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

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

Latest Data

Trade between Turkmenistan (Flag) and Philippines (Flag)

Philippines Exports

Market Competitiveness

Color
Turkmenistan
Top Destination
China$8.88B
Philippines
Top Destination
United States$15.5B

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

In 2021, countries that imported more from Turkmenistan than Philippines were Uzbekistan ($664M), Turkey ($884M), and Azerbaijan ($460M).

In 2021, countries that imported more from Philippines than Turkmenistan were United States ($15.5B), Hong Kong ($12.6B), and Japan ($11.3B).

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

Comparative Advantage Turkmenistan - Philippines

Flow
Scale

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

During 2022, Turkmenistan had a large net trade with Philippines in the exports of Chemical Products ($23k), Footwear and Headwear ($1.46k), and Instruments ($237).

During 2022, Philippines had a large net trade with Turkmenistan in the exports of Machines ($744).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Turkmenistan has comparative advantage over Philippines. Similarly, the more yellow a dot/product is, the more Philippines has comparative advantage over Turkmenistan.

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

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