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2023
Flag → Flag
Exports $68.4kRnk 56 / 99
2023
Flag → Flag
Top Product $68.3kGas and Liquid Flow Measuring Instruments
2023
Flag → Flag
Exports $572kRnk 180 / 216
2023
Flag → Flag
Top Product $109kRefrigerators
2023
Flag
Economic Complexity (ECI) ECI -0.69Rnk 96 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.53Rnk 9 / 132
2023
Flag  
GDP$60.6BCURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP GROWTH54.7%CURRENT US$
Rnk 66 / 195
2023
Flag
 GDP$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH0.14%CURRENT US$
Rnk 170 / 195
2023
Flag
GDP PC $8,233CURRENT US$
Rnk 95 / 195
2013-2023
Flag
GDP PC GROWTH24.7%CURRENT US$
Rnk 87 / 195
2023
Flag
GDP PC$55,517CURRENT US$
Rnk 19 / 196
2013-2023
Flag
GDP PC GROWTH-8.76%CURRENT US$
Rnk 165 / 195

About

Turkmenistan-Sweden Trade: In 2023, Turkmenistan exported $68.4k to Sweden. The main products that Turkmenistan exported to Sweden were Gas and Liquid Flow Measuring Instruments ($68.3k) and Knotted Carpets ($94). Over the past 5 years the exports of Turkmenistan to Sweden have increased at an annualized rate of 79.4%, from $3.69k in 2018 to $68.4k in 2023.

In 2023, Turkmenistan did not export any services to Sweden.

Sweden-Turkmenistan Trade: In 2023, Sweden exported $572k to Turkmenistan. The main products that Sweden exported to Turkmenistan were Refrigerators ($109k), Brooms ($68k), and Transmissions ($61.6k). Over the past 5 years the exports of Sweden to Turkmenistan have decreased at an annualized rate of 12%,  from $1.08M in 2018 to $572k in 2023.

In 2023, Sweden did not export any services to Turkmenistan.

Comparison: In 2023,  Turkmenistan ranked 96 in the Economic Complexity Index (ECI -0.69), and 87 in total exports ($15.3B). That same year, Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turkmenistan exported $68.4k to Sweden. The main products exported from Turkmenistan to Sweden were Gas and Liquid Flow Measuring Instruments ($68.3k) and Knotted Carpets ($94). During the last 5 years the exports of Turkmenistan to Sweden have increased at an annualized rate of 79.4%, from $3.69k in 2018 to $68.4k in 2023.

In 2018, Sweden exported $572k to Turkmenistan. The main products exported from Sweden to Turkmenistan were Refrigerators ($109k), Brooms ($68k), and Transmissions ($61.6k). During the last 5 years the exports of Sweden to Turkmenistan have decreased at an annualized rate of 12%, from $1.08M in 2023 to $572k in 2018.

Exports from Turkmenistan (Flag) to Sweden (Flag) (2023)

Exports from Sweden (Flag) to Turkmenistan (Flag) (2023)

Latest Data

Trade between Turkmenistan (Flag) and Sweden (Flag)

Sweden Exports

Market Competitiveness

Color
Turkmenistan
Top DestinationChina$9.63B
Sweden
Top DestinationGermany$18.4B

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

In 2023, countries that imported more from Turkmenistan than Sweden included China ($9.63B), Uzbekistan ($950M), and Azerbaijan ($687M).

In 2023, countries that imported more from Sweden than Turkmenistan included Germany ($18.4B), United States ($18.1B), and Denmark ($14.4B).

Difference in imports from Sweden (Flag) and Turkmenistan (Flag) (2023)

Comparative Advantage Turkmenistan - Sweden

Flow
Scale

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

During 2023, Turkmenistan had a large net trade with Sweden in the exports of Instruments ($68.3k) and Textiles ($94).

During 2018, Sweden had a large net trade with Turkmenistan in the exports of Machines ($365k), Miscellaneous ($74.2k), and Metals ($53k).

Economic Complexity

Competitive Landscape

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

Product Space of Turkmenistan (Flag) and Sweden (Flag) (2023)

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