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2023
Flag → Flag
Exports $30.2kRnk 63 / 99
2023
Flag → Flag
Top Product $25.9kOther Coloring Matter
2023
Flag → Flag
Exports $3.24MRnk 183 / 216
2023
Flag → Flag
Top Product $1.38MUncoated Paper
2023
Flag
Economic Complexity (ECI) ECI -0.69Rnk 96 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.96Rnk 29 / 132
2023
Flag  
GDP$60.6BCURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP GROWTH54.7%CURRENT US$
Rnk 66 / 195
2023
Flag
 GDP$515BCURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP GROWTH22.5%CURRENT US$
Rnk 133 / 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$7,182CURRENT US$
Rnk 102 / 196
2013-2023
Flag
GDP PC GROWTH19.3%CURRENT US$
Rnk 103 / 195

About

Turkmenistan-Thailand Trade: In 2023, Turkmenistan exported $30.2k to Thailand. The main products that Turkmenistan exported to Thailand were Other Coloring Matter ($25.9k), Iron Structures ($4.31k), and Electrical Resistors ($5). Over the past 5 years the exports of Turkmenistan to Thailand have decreased at an annualized rate of 43.6%, from $530k in 2018 to $30.2k in 2023.

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

Thailand-Turkmenistan Trade: In 2023, Thailand exported $3.24M to Turkmenistan. The main products that Thailand exported to Turkmenistan were Uncoated Paper ($1.38M), Cars ($958k), and Lifting Machinery ($507k). Over the past 5 years the exports of Thailand to Turkmenistan have increased at an annualized rate of 16.4%,  from $1.52M in 2018 to $3.24M in 2023.

In 2023, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turkmenistan exported $30.2k to Thailand. The main products exported from Turkmenistan to Thailand were Other Coloring Matter ($25.9k), Iron Structures ($4.31k), and Electrical Resistors ($5). During the last 5 years the exports of Turkmenistan to Thailand have decreased at an annualized rate of 43.6%, from $530k in 2018 to $30.2k in 2023.

In 2018, Thailand exported $3.24M to Turkmenistan. The main products exported from Thailand to Turkmenistan were Uncoated Paper ($1.38M), Cars ($958k), and Lifting Machinery ($507k). During the last 5 years the exports of Thailand to Turkmenistan have increased at an annualized rate of 16.4%, from $1.52M in 2023 to $3.24M in 2018.

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

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

Latest Data

Trade between Turkmenistan (Flag) and Thailand (Flag)

Thailand Exports

Market Competitiveness

Color
Turkmenistan
Top DestinationChina$9.63B
Thailand
Top DestinationUnited States$58.5B

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

In 2023, countries that imported more from Turkmenistan than Thailand included Greece ($1.03B), Uzbekistan ($950M), and Azerbaijan ($687M).

In 2023, countries that imported more from Thailand than Turkmenistan included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

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

Comparative Advantage Turkmenistan - Thailand

Flow
Scale

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

During 2023, Turkmenistan had a large net trade with Thailand in the exports of Chemical Products ($25.9k), Metals ($4.31k), and Machines ($5).

During 2018, Thailand had a large net trade with Turkmenistan in the exports of Paper Goods ($1.38M), Transportation ($958k), and Machines ($525k).

Economic Complexity

Competitive Landscape

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

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

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