Turkmenistan (TKM) and Russia (RUS) Trade | The Observatory of Economic Complexity

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Turkmenistan-Russia Trade: In 2021, Turkmenistan exported $141M to Russia. The main products that Turkmenistan exported to Russia were N/A. Over the past 5 years the exports of Turkmenistan to Russia have decreased at an annualized rate of 15.8%, from $331M in 2016 to $141M in 2021.

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

Russia-Turkmenistan Trade: In 2021, Russia exported $473M to Turkmenistan. The main products that Russia exported to Turkmenistan were N/A. Over the past 5 years the exports of Russia to Turkmenistan have decreased at an annualized rate of 4.41%, from $593M in 2016 to $473M in 2021.

In 2020, Russia exported services to Turkmenistan worth $217M, with Travel ($103M), Construction services ($61.9M), and Transportation ($24.3M) being the largest in terms of value.

Comparison: In 2023, Turkmenistan ranked 96 in the Economic Complexity Index (ECI -0.69), and 87 in total exports ($15.3B). That same year, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Turkmenistan exported $141M to Russia. There were not main exports from Turkmenistan to Russia in 2021. During the last 5 years the exports of Turkmenistan to Russia have decreased at an annualized rate of 15.8%, from $331M in 2016 to $141M in 2021.

In 2016, Russia exported $473M to Turkmenistan. There were not main exports from Russia to Turkmenistan in 2016. During the last 5 years the exports of Russia to Turkmenistan have decreased at an annualized rate of 4.41%, from $593M in 2021 to $473M in 2016.

Exports from Turkmenistan () to Russia () (2021)

Exports from Russia () to Turkmenistan () (2021)

Latest Data

Trade between Turkmenistan () and Russia ()

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkmenistan
Top DestinationChina$9.63B

Russia
Top DestinationChina$129B

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

In 2023, countries that imported more from Turkmenistan than Russia included Ukraine ($227M) and Uruguay ($35.9M).

In 2023, countries that imported more from Russia than Turkmenistan included China ($129B), India ($66.1B), and Turkey ($31B).

Difference in imports from Russia () and Turkmenistan () (2023)

Comparative Advantage Turkmenistan - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

During 2016, Russia had a large net trade with Turkmenistan in the exports of .

Bilateral Service Trade

Rus Year

In 2020, Russia exported services to Turkmenistan worth $217M, with Travel ($103M), Construction services ($61.9M), and Transportation ($24.3M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Turkmenistan () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Turkmenistan () to Russia () (2021)

Exports from Russia () to Turkmenistan () (2021)

Latest Data

Trade between Turkmenistan () and Russia ()

Russia Exports

Market Competitiveness

Difference in imports from Russia () and Turkmenistan () (2023)

Comparative Advantage Turkmenistan - Russia

Bilateral Service Trade

Services Exports from Russia () to Turkmenistan () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Turkmenistan () and Russia () (2021)

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