Turkmenistan (TKM) and Serbia (SRB) Trade | The Observatory of Economic Complexity

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Turkmenistan-Serbia In 2022, Turkmenistan exported $18M to Serbia. The main products that Turkmenistan exported to Serbia are Nitrogenous Fertilizers ($13.8M), Vegetable Saps ($3.21M), and Refined Petroleum ($646k). During the last 16 years the exports of Turkmenistan to Serbia have increased at an annualized rate of 5.65%, from $7.46M in 2006 to $18M in 2022.

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

Serbia-Turkmenistan In 2022, Serbia exported $2.06M to Turkmenistan. The main products that Serbia exported to Turkmenistan were Cellulose Fibers Paper ($893k), Rolled Tobacco ($802k), and Plastic Lids ($198k). During the last 16 years the exports of Serbia to Turkmenistan have increased at an annualized rate of 10%, from $447k in 2006 to $2.06M in 2022.

In 2009, Serbia exported services to Turkmenistan worth $690k, with Construction services ($628k), Compensation of employees ($40.9k), and Workers' remittances ($21.5k) being the largest in terms of value.

Comparison In 2022, Turkmenistan ranked 81 in the Economic Complexity Index (ECI -0.44), and 95 in total exports ($12.5B). That same year, Serbia ranked 35 in the Economic Complexity Index (ECI 0.75), and 70 in total exports ($30.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Turkmenistan exported $18M to Serbia. The main products exported from Turkmenistan to Serbia were Nitrogenous Fertilizers ($13.8M), Vegetable Saps ($3.21M), and Refined Petroleum ($646k). During the last 16 years the exports of Turkmenistan to Serbia have increased at an annualized rate of 5.65%, from $7.46M in 2006 to $18M in 2022.

In 2022, Serbia exported $2.06M to Turkmenistan. The main products exported from Serbia to Turkmenistan were Cellulose Fibers Paper ($893k), Rolled Tobacco ($802k), and Plastic Lids ($198k). During the last 16 years the exports of Serbia to Turkmenistan have increased at an annualized rate of 10%, from $447k in 2006 to $2.06M in 2022.

Exports from Turkmenistan () to Serbia () (2022)

Exports from Serbia () to Turkmenistan () (2022)

Latest Data

Trade between Turkmenistan () and Serbia ()

Serbia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkmenistan
Top DestinationChina$8.88B

Serbia
Top DestinationGermany$4B

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

In 2021, countries that imported more from Turkmenistan than Serbia were China ($8.88B), Uzbekistan ($664M), and Azerbaijan ($460M).

In 2021, countries that imported more from Serbia than Turkmenistan were Germany ($4B), Bosnia and Herzegovina ($2.14B), and Italy ($2.1B).

Difference in imports from Serbia () and Turkmenistan () (2022)

Comparative Advantage Turkmenistan - Serbia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Turkmenistan had a large net trade with Serbia in the exports of Chemical Products ($13.8M), Vegetable Products ($3.21M), and Mineral Products ($646k).

During 2022, Serbia had a large net trade with Turkmenistan in the exports of Paper Goods ($893k), Foodstuffs ($802k), and Plastics and Rubbers ($220k).

Service Trade

Bilateral Service Trade

Srb Year

In 2009, Serbia exported services to Turkmenistan worth $690k, with Construction services ($628k), Compensation of employees ($40.9k), and Workers' remittances ($21.5k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Serbia () to Turkmenistan () (2009)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Turkmenistan has comparative advantage over Serbia. Similarly, the more yellow a dot/product is, the more Serbia has comparative advantage over Turkmenistan.

About

Historical Data

Bilateral Trade by Products

Exports from Turkmenistan () to Serbia () (2022)

Exports from Serbia () to Turkmenistan () (2022)

Latest Data

Trade between Turkmenistan () and Serbia ()

Serbia Exports

Market Competitiveness

Difference in imports from Serbia () and Turkmenistan () (2022)

Comparative Advantage Turkmenistan - Serbia

Service Trade

Bilateral Service Trade

Services Exports from Serbia () to Turkmenistan () (2009)

Economic Complexity

Competitive Landscape

Product Space of Turkmenistan () and Serbia () (2022)

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