2022
Flag  
GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH
56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
GDP PC 
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
Rnk 39 / 186

About

United States-Turkmenistan Trade: In 2022, United States exported $48.7M to Turkmenistan. The main products that United States exported to Turkmenistan were Poultry Meat ($20.3M), Industrial Fatty Acids, Oils and Alcohols ($5.16M), and Tractors ($5.05M). Over the past 5 years the exports of United States to Turkmenistan have decreased at an annualized rate of 18.4%, from $135M in 2017 to $48.7M in 2022.

In 2022, United States did not export any services to Turkmenistan.

Turkmenistan-United States Trade: In 2022, Turkmenistan exported $48.8M to United States. The main products that Turkmenistan exported to United States were Nitrogenous Fertilizers ($33M), Refined Petroleum ($10.7M), and Vegetable Saps ($3.64M). Over the past 5 years the exports of Turkmenistan to United States have increased at an annualized rate of 27.5%,  from $14.5M in 2017 to $48.8M in 2022.

In 2022, Turkmenistan did not export any services to United States.

Comparison: In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Turkmenistan ranked 90 in the Economic Complexity Index (ECI -0.56), and 95 in total exports ($12.5B).

Company data: In 2023, leading companies such as were at the forefront of exporting goods from Turkmenistan to the United States. Conversely, were notable for importing products to Turkmenistan from the United States.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $48.7M to Turkmenistan. The main products exported from United States to Turkmenistan were Poultry Meat ($20.3M), Industrial Fatty Acids, Oils and Alcohols ($5.16M), and Tractors ($5.05M). During the last 5 years the exports of United States to Turkmenistan have decreased at an annualized rate of 18.4%, from $135M in 2017 to $48.7M in 2022.

In 2017, Turkmenistan exported $48.8M to United States. The main products exported from Turkmenistan to United States were Nitrogenous Fertilizers ($33M), Refined Petroleum ($10.7M), and Vegetable Saps ($3.64M). During the last 5 years the exports of Turkmenistan to United States have increased at an annualized rate of 27.5%, from $14.5M in 2022 to $48.8M in 2017.

Exports from United States (Flag) to Turkmenistan (Flag) (2022)

Exports from Turkmenistan (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top Destination
Canada$308B
Turkmenistan
Top Destination
China$8.88B

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

In 2022, countries that imported more from United States than Turkmenistan included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from Turkmenistan than United States included Uzbekistan ($664M) and Azerbaijan ($460M).

Difference in imports from Turkmenistan (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Turkmenistan

Flow
Scale

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

During 2022, United States had a large net trade with Turkmenistan in the exports of Animal Products ($20.4M), Chemical Products ($9.76M), and Machines ($8.67M).

During 2017, Turkmenistan had a large net trade with United States in the exports of Chemical Products ($34.2M), Mineral Products ($10.7M), and Vegetable Products ($3.64M).

Economic Complexity

Competitive Landscape

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

Product Space of United States (Flag) and Turkmenistan (Flag) (2022)

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