2022
Flag
 GDP
$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC
$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH
18%CURRENT US$
Rnk 94 / 186

About

Turkmenistan-Portugal Trade: In 2022, Turkmenistan exported $2.26M to Portugal. The main products that Turkmenistan exported to Portugal were Light Pure Woven Cotton ($1.23M), Raw Cotton ($939k), and Heavy Pure Woven Cotton ($57.8k). Over the past 5 years the exports of Turkmenistan to Portugal have decreased at an annualized rate of 4.47%, from $2.84M in 2017 to $2.26M in 2022.

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

Portugal-Turkmenistan Trade: In 2022, Portugal exported $62.6k to Turkmenistan. The main products that Portugal exported to Turkmenistan were Electric Motors ($52.3k), Oscilloscopes ($3.79k), and Electric Motor Parts ($3.63k). Over the past 5 years the exports of Portugal to Turkmenistan have decreased at an annualized rate of 37.3%,  from $648k in 2017 to $62.6k in 2022.

In 2022, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkmenistan exported $2.26M to Portugal. The main products exported from Turkmenistan to Portugal were Light Pure Woven Cotton ($1.23M), Raw Cotton ($939k), and Heavy Pure Woven Cotton ($57.8k). During the last 5 years the exports of Turkmenistan to Portugal have decreased at an annualized rate of 4.47%, from $2.84M in 2017 to $2.26M in 2022.

In 2017, Portugal exported $62.6k to Turkmenistan. The main products exported from Portugal to Turkmenistan were Electric Motors ($52.3k), Oscilloscopes ($3.79k), and Electric Motor Parts ($3.63k). During the last 5 years the exports of Portugal to Turkmenistan have decreased at an annualized rate of 37.3%, from $648k in 2022 to $62.6k in 2017.

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

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

Latest Data

Trade between Turkmenistan (Flag) and Portugal (Flag)

Portugal Exports

Market Competitiveness

Color
Turkmenistan
Top Destination
China$8.88B
Portugal
Top Destination
Spain$20.5B

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

In 2022, countries that imported more from Portugal than Turkmenistan included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

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 2022, Turkmenistan had a large net trade with Portugal in the exports of Textiles ($2.26M) and Stone And Glass ($74).

During 2017, Portugal had a large net trade with Turkmenistan in the exports of Machines ($56k), Instruments ($3.79k), and Plastics and Rubbers ($1.19k).

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) (2022)

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