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2022
Flag → Flag
Exports $52.7kRnk 202 / 210
2022
Flag → Flag
Top Product $43.8kMotor vehicles; parts and accessories (8701 to 8705)
2022
Flag → Flag
Exports $906Rnk 85 / 95
2022
Flag → Flag
Top Product $571Trunks and Cases
2022
Flag
Economic Complexity (ECI) ECI 1.94Rnk 3 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.56Rnk 90 / 133

About

Chinese Taipei-Turkmenistan Trade: In 2022, Chinese Taipei exported $52.7k to Turkmenistan. The main products that Chinese Taipei exported to Turkmenistan were Motor vehicles; parts and accessories (8701 to 8705) ($43.8k), Boat Propellers ($3.97k), and Electrical Control Boards ($2.82k). Over the past 5 years the exports of Chinese Taipei to Turkmenistan have decreased at an annualized rate of 45.2%, from $1.07M in 2017 to $52.7k in 2022.

In 2022, Chinese Taipei did not export any services to Turkmenistan.

Turkmenistan-Chinese Taipei Trade: In 2022, Turkmenistan exported $906 to Chinese Taipei. The main products that Turkmenistan exported to Chinese Taipei were Trunks and Cases ($571), Electrical Resistors ($201), and Knit Active Wear ($134). Over the past 5 years the exports of Turkmenistan to Chinese Taipei have decreased at an annualized rate of 55.8%,  from $624k in 2017 to $906 in 2022.

In 2022, Turkmenistan did not export any services to Chinese Taipei.

Comparison: In 2022,  Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B). That same year, Turkmenistan ranked 90 in the Economic Complexity Index (ECI -0.56), and 95 in total exports ($12.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Chinese Taipei exported $52.7k to Turkmenistan. The main products exported from Chinese Taipei to Turkmenistan were Motor vehicles; parts and accessories (8701 to 8705) ($43.8k), Boat Propellers ($3.97k), and Electrical Control Boards ($2.82k). During the last 5 years the exports of Chinese Taipei to Turkmenistan have decreased at an annualized rate of 45.2%, from $1.07M in 2017 to $52.7k in 2022.

In 2017, Turkmenistan exported $906 to Chinese Taipei. The main products exported from Turkmenistan to Chinese Taipei were Trunks and Cases ($571), Electrical Resistors ($201), and Knit Active Wear ($134). During the last 5 years the exports of Turkmenistan to Chinese Taipei have decreased at an annualized rate of 55.8%, from $624k in 2022 to $906 in 2017.

Exports from Chinese Taipei (Flag) to Turkmenistan (Flag) (2022)

Exports from Turkmenistan (Flag) to Chinese Taipei (Flag) (2022)

Market Competitiveness

Color
Chinese Taipei
Top DestinationChina$121B
Turkmenistan
Top DestinationChina$8.88B

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 2022, countries that imported more from Chinese Taipei than Turkmenistan included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

In 2022, countries that imported more from Turkmenistan than Chinese Taipei included Uzbekistan ($664M), Azerbaijan ($460M), and Georgia ($168M).

Difference in imports from Turkmenistan (Flag) and Chinese Taipei (Flag) (2022)

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 2022, Chinese Taipei had a large net trade with Turkmenistan in the exports of Transportation ($43.8k), Machines ($7.46k), and Stone And Glass ($1.45k).

During 2017, Turkmenistan had a large net trade with Chinese Taipei in the exports of Animal Hides ($571), Machines ($201), and Textiles ($134).

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) (2022)

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