2022
Flag
 GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 186
2022
Flag
GDP PC
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 186

About

Turkmenistan-Saudi Arabia Trade: In 2021, Turkmenistan exported $53.5k to Saudi Arabia. The main products that Turkmenistan exported to Saudi Arabia were N/A. Over the past 6 years the exports of Turkmenistan to Saudi Arabia have increased at an annualized rate of 9.47%, from $31.1k in 2015 to $53.5k in 2021.

In 2021, Turkmenistan did not export any services to Saudi Arabia.

Saudi Arabia-Turkmenistan Trade: In 2021, Saudi Arabia exported $2.28M to Turkmenistan. The main products that Saudi Arabia exported to Turkmenistan were N/A. Over the past 6 years the exports of Saudi Arabia to Turkmenistan have increased at an annualized rate of 3.16%,  from $1.95M in 2015 to $2.28M in 2021.

In 2021, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Turkmenistan exported $53.5k to Saudi Arabia. There were not main exports from Turkmenistan to Saudi Arabia in 2021. During the last 6 years the exports of Turkmenistan to Saudi Arabia have increased at an annualized rate of 9.47%, from $31.1k in 2015 to $53.5k in 2021.

In 2016, Saudi Arabia exported $2.28M to Turkmenistan. There were not main exports from Saudi Arabia to Turkmenistan in 2016. During the last 5 years the exports of Saudi Arabia to Turkmenistan have increased at an annualized rate of 3.16%, from $1.95M in 2021 to $2.28M in 2016.

Exports from Turkmenistan (Flag) to Saudi Arabia (Flag) (2021)

Exports from Saudi Arabia (Flag) to Turkmenistan (Flag) (2021)

Latest Data

Trade between Turkmenistan (Flag) and Saudi Arabia (Flag)

Saudi Arabia Exports

Market Competitiveness

Color
Turkmenistan
Top Destination
China$8.88B
Saudi Arabia
Top Destination
China$68B

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

In 2022, countries that imported more from Turkmenistan than Saudi Arabia included Uzbekistan ($664M), Azerbaijan ($460M), and Georgia ($168M).

In 2022, countries that imported more from Saudi Arabia than Turkmenistan included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia (Flag) and Turkmenistan (Flag) (2022)

Comparative Advantage Turkmenistan - Saudi Arabia

Flow
Scale

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

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

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

Economic Complexity

Competitive Landscape

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

Product Space of Turkmenistan (Flag) and Saudi Arabia (Flag) (2021)

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