2023
Flag  
GDP
$60.6BCURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP GROWTH
54.7%CURRENT US$
Rnk 66 / 195
2023
Flag
 GDP
$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH
27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC 
$8,233CURRENT US$
Rnk 95 / 195
2013-2023
Flag
GDP PC GROWTH
24.7%CURRENT US$
Rnk 87 / 195
2023
Flag
GDP PC
$27,331CURRENT US$
Rnk 50 / 196
2013-2023
Flag
GDP PC GROWTH
26.1%CURRENT US$
Rnk 84 / 195

About

Turkmenistan-Portugal Trade: In 2023, Turkmenistan exported $1.73M to Portugal. The main products that Turkmenistan exported to Portugal were Light Pure Woven Cotton ($961k), Raw Cotton ($614k), and Heavy Pure Woven Cotton ($159k). Over the past 5 years the exports of Turkmenistan to Portugal have decreased at an annualized rate of 8.69%, from $2.73M in 2018 to $1.73M in 2023.

In 2023, Turkmenistan did not export any services to Portugal.

Portugal-Turkmenistan Trade: In 2023, Portugal exported $173k to Turkmenistan. The main products that Portugal exported to Turkmenistan were Uncoated Paper ($108k), Other Furniture ($29.6k), and Natural Cork Articles ($20.2k). Over the past 5 years the exports of Portugal to Turkmenistan have decreased at an annualized rate of 20.7%,  from $552k in 2018 to $173k in 2023.

In 2023, Portugal did not export any services to Turkmenistan.

Comparison: In 2023,  Turkmenistan ranked 96 in the Economic Complexity Index (ECI -0.69), and 87 in total exports ($15.3B). That same year, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turkmenistan exported $1.73M to Portugal. The main products exported from Turkmenistan to Portugal were Light Pure Woven Cotton ($961k), Raw Cotton ($614k), and Heavy Pure Woven Cotton ($159k). During the last 5 years the exports of Turkmenistan to Portugal have decreased at an annualized rate of 8.69%, from $2.73M in 2018 to $1.73M in 2023.

In 2018, Portugal exported $173k to Turkmenistan. The main products exported from Portugal to Turkmenistan were Uncoated Paper ($108k), Other Furniture ($29.6k), and Natural Cork Articles ($20.2k). During the last 5 years the exports of Portugal to Turkmenistan have decreased at an annualized rate of 20.7%, from $552k in 2023 to $173k in 2018.

Exports from Turkmenistan (Flag) to Portugal (Flag) (2023)

Exports from Portugal (Flag) to Turkmenistan (Flag) (2023)

Latest Data

Trade between Turkmenistan (Flag) and Portugal (Flag)

Portugal Exports

Market Competitiveness

Color
Turkmenistan
Top Destination
China$9.63B
Portugal
Top Destination
Spain$17.7B

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

In 2023, countries that imported more from Turkmenistan than Portugal included China ($9.63B), Uzbekistan ($950M), and Greece ($1.03B).

In 2023, countries that imported more from Portugal than Turkmenistan included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

Difference in imports from Portugal (Flag) and Turkmenistan (Flag) (2023)

Comparative Advantage Turkmenistan - Portugal

Flow
Scale

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

During 2023, Turkmenistan had a large net trade with Portugal in the exports of Textiles ($1.73M).

During 2018, Portugal had a large net trade with Turkmenistan in the exports of Paper Goods ($108k), Miscellaneous ($44.3k), and Wood Products ($20.2k).

Economic Complexity

Competitive Landscape

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

Product Space of Turkmenistan (Flag) and Portugal (Flag) (2023)

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