2022
Flag
 GDP
$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH
25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC
$6,153CURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP PC GROWTH
9.46%CURRENT US$
Rnk 120 / 186

About

Turkmenistan-Paraguay Trade: In 2021, Turkmenistan exported $2 to Paraguay. The main products that Turkmenistan exported to Paraguay were N/A. Over the past 12 years the exports of Turkmenistan to Paraguay have decreased at an annualized rate of 40.3%, from $970 in 2009 to $2 in 2021.

In 2021, Turkmenistan did not export any services to Paraguay.

Paraguay-Turkmenistan Trade: In 2021, Paraguay exported $481k to Turkmenistan. The main products that Paraguay exported to Turkmenistan were Poultry Meat ($373k) and Edible Offal ($107k). Over the past 12 years the exports of Paraguay to Turkmenistan have increased at an annualized rate of 53.7%,  from $56.1k in 2009 to $481k in 2021.

In 2021, Paraguay 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, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.34), and 103 in total exports ($10.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Turkmenistan exported $2 to Paraguay. There were not main exports from Turkmenistan to Paraguay in 2021. During the last 12 years the exports of Turkmenistan to Paraguay have decreased at an annualized rate of 40.3%, from $970 in 2009 to $2 in 2021.

In 2017, Paraguay exported $481k to Turkmenistan. The main products exported from Paraguay to Turkmenistan were Poultry Meat ($373k) and Edible Offal ($107k). During the last 5 years the exports of Paraguay to Turkmenistan have increased at an annualized rate of 53.7%, from $56.1k in 2022 to $481k in 2017.

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

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

Latest Data

Trade between Turkmenistan (Flag) and Paraguay (Flag)

Paraguay Exports

Market Competitiveness

Color
Turkmenistan
Top Destination
China$8.88B
Paraguay
Top Destination
Brazil$3.67B

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

In 2022, countries that imported more from Turkmenistan than Paraguay included China ($8.88B), Turkey ($884M), and Uzbekistan ($664M).

In 2022, countries that imported more from Paraguay than Turkmenistan included Brazil ($3.67B), Argentina ($1.91B), and Chile ($1.16B).

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

Comparative Advantage Turkmenistan - Paraguay

Flow
Scale

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

During 2021, Turkmenistan had a large net trade with Paraguay in the exports of .

During 2017, Paraguay had a large net trade with Turkmenistan in the exports of Animal Products ($481k).

Economic Complexity

Competitive Landscape

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

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

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