2023
Flag
 GDP
$60.6BCURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP GROWTH
54.7%CURRENT US$
Rnk 66 / 195
2023
Flag
GDP PC
$8,233CURRENT US$
Rnk 95 / 196
2013-2023
Flag
GDP PC GROWTH
24.7%CURRENT US$
Rnk 87 / 195

About

Chinese Taipei-Turkmenistan Trade: In 2023, Chinese Taipei exported $224k to Turkmenistan. The main products that Chinese Taipei exported to Turkmenistan were Motor vehicles; parts and accessories (8701 to 8705) ($83.2k), Lifting Machinery ($74.2k), and Broadcasting Equipment ($38.2k). Over the past 5 years the exports of Chinese Taipei to Turkmenistan have decreased at an annualized rate of 18.2%, from $612k in 2018 to $224k in 2023.

In 2023, Chinese Taipei did not export any services to Turkmenistan.

Turkmenistan-Chinese Taipei In N/A, Turkmenistan did not export any products to Chinese Taipei.

In 2023, Turkmenistan did not export any services to Chinese Taipei.

Comparison: In 2023,  Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B). That same year, Turkmenistan ranked 96 in the Economic Complexity Index (ECI -0.69), and 87 in total exports ($15.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Chinese Taipei exported $224k to Turkmenistan. The main products exported from Chinese Taipei to Turkmenistan were Motor vehicles; parts and accessories (8701 to 8705) ($83.2k), Lifting Machinery ($74.2k), and Broadcasting Equipment ($38.2k). During the last 5 years the exports of Chinese Taipei to Turkmenistan have decreased at an annualized rate of 18.2%, from $612k in 2018 to $224k in 2023.

Turkmenistan does not register exports to Chinese Taipei. The main products exported from Turkmenistan to Chinese Taipei were Carbon ($27.8k) and Petroleum Coke ($20.3k).

Exports from Chinese Taipei (Flag) to Turkmenistan (Flag) (2023)

Exports from Turkmenistan (Flag) to Chinese Taipei (Flag) (2023)

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$101B
Turkmenistan
Top Destination
China$9.63B

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

In 2023, countries that imported more from Chinese Taipei than Turkmenistan included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

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

Difference in imports from Turkmenistan (Flag) and Chinese Taipei (Flag) (2023)

Comparative Advantage Chinese Taipei - Turkmenistan

Flow
Scale

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

During 2023, Chinese Taipei had a large net trade with Turkmenistan in the exports of Machines ($134k), Transportation ($83.2k), and Instruments ($5.93k).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and Turkmenistan (Flag) (2023)

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