2023
Flag  
GDP
$60.6BCURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP GROWTH
54.7%CURRENT US$
Rnk 66 / 195
2023
Flag
 GDP
$179BCURRENT US$
Rnk 57 / 195
2013-2023
Flag
GDP GROWTH
-6.16%CURRENT US$
Rnk 179 / 195
2023
Flag
GDP PC 
$8,233CURRENT US$
Rnk 95 / 195
2013-2023
Flag
GDP PC GROWTH
24.7%CURRENT US$
Rnk 87 / 195
2023
Flag
GDP PC
$5,070CURRENT US$
Rnk 122 / 196
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 95 / 195

About

Turkmenistan-Ukraine Trade: In 2023, Turkmenistan exported $227M to Ukraine. The main products that Turkmenistan exported to Ukraine were Nitrogenous Fertilizers ($140M), Refined Petroleum ($77.9M), and Light Pure Woven Cotton ($2.15M). Over the past 5 years the exports of Turkmenistan to Ukraine have increased at an annualized rate of 9.5%, from $144M in 2018 to $227M in 2023.

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

Ukraine-Turkmenistan Trade: In 2023, Ukraine exported $40.2M to Turkmenistan. The main products that Ukraine exported to Turkmenistan were Iron Pipes ($15.7M), Poultry Meat ($4.51M), and Malt Extract ($1.92M). Over the past 5 years the exports of Ukraine to Turkmenistan have decreased at an annualized rate of 6.66%,  from $56.7M in 2018 to $40.2M in 2023.

In 2023, Ukraine 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, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turkmenistan exported $227M to Ukraine. The main products exported from Turkmenistan to Ukraine were Nitrogenous Fertilizers ($140M), Refined Petroleum ($77.9M), and Light Pure Woven Cotton ($2.15M). During the last 5 years the exports of Turkmenistan to Ukraine have increased at an annualized rate of 9.5%, from $144M in 2018 to $227M in 2023.

In 2018, Ukraine exported $40.2M to Turkmenistan. The main products exported from Ukraine to Turkmenistan were Iron Pipes ($15.7M), Poultry Meat ($4.51M), and Malt Extract ($1.92M). During the last 5 years the exports of Ukraine to Turkmenistan have decreased at an annualized rate of 6.66%, from $56.7M in 2023 to $40.2M in 2018.

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

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

Latest Data

Trade between Turkmenistan (Flag) and Ukraine (Flag)

Ukraine Exports

Market Competitiveness

Color
Turkmenistan
Top Destination
China$9.63B
Ukraine
Top Destination
Poland$4.83B

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

In 2023, countries that imported more from Turkmenistan than Ukraine included China ($9.63B), Uzbekistan ($950M), and Greece ($1.03B).

In 2023, countries that imported more from Ukraine than Turkmenistan included Poland ($4.83B), Romania ($3.56B), and Spain ($2.46B).

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

Comparative Advantage Turkmenistan - Ukraine

Flow
Scale

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

During 2023, Turkmenistan had a large net trade with Ukraine in the exports of Chemical Products ($141M), Mineral Products ($78M), and Textiles ($7.39M).

During 2018, Ukraine had a large net trade with Turkmenistan in the exports of Metals ($17.9M), Machines ($7.14M), and Animal Products ($4.74M).

Economic Complexity

Competitive Landscape

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

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

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