2022
Flag  
GDP
$80.4BCURRENT US$
Rnk 72 / 186
2012-2022
Flag
GDP GROWTH
19.1%CURRENT US$
Rnk 123 / 186
2022
Flag
GDP PC 
$2,255CURRENT US$
Rnk 143 / 186
2012-2022
Flag
GDP PC GROWTH
-0.55%CURRENT US$
Rnk 146 / 186

About

Uzbekistan-Turkmenistan Trade: In 2022, Uzbekistan exported $132M to Turkmenistan. The main products that Uzbekistan exported to Turkmenistan were Nitrogenous Fertilizers ($31.4M), Phosphatic Fertilizers ($13.7M), and Mixed Mineral or Chemical Fertilizers ($10.5M). Over the past 5 years the exports of Uzbekistan to Turkmenistan have increased at an annualized rate of 20%, from $53.2M in 2017 to $132M in 2022.

In 2022, Uzbekistan did not export any services to Turkmenistan.

Turkmenistan-Uzbekistan Trade: In 2022, Turkmenistan exported $664M to Uzbekistan. The main products that Turkmenistan exported to Uzbekistan were Petroleum Gas ($249M), Crude Petroleum ($115M), and Electricity ($105M). Over the past 5 years the exports of Turkmenistan to Uzbekistan have increased at an annualized rate of 46.2%,  from $99.3M in 2017 to $664M in 2022.

In 2022, Turkmenistan did not export any services to Uzbekistan.

Comparison: In 2022,  Uzbekistan ranked 79 in the Economic Complexity Index (ECI -0.28), and 83 in total exports ($16.9B). 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, Uzbekistan exported $132M to Turkmenistan. The main products exported from Uzbekistan to Turkmenistan were Nitrogenous Fertilizers ($31.4M), Phosphatic Fertilizers ($13.7M), and Mixed Mineral or Chemical Fertilizers ($10.5M). During the last 5 years the exports of Uzbekistan to Turkmenistan have increased at an annualized rate of 20%, from $53.2M in 2017 to $132M in 2022.

In 2017, Turkmenistan exported $664M to Uzbekistan. The main products exported from Turkmenistan to Uzbekistan were Petroleum Gas ($249M), Crude Petroleum ($115M), and Electricity ($105M). During the last 5 years the exports of Turkmenistan to Uzbekistan have increased at an annualized rate of 46.2%, from $99.3M in 2022 to $664M in 2017.

Exports from Uzbekistan (Flag) to Turkmenistan (Flag) (2022)

Exports from Turkmenistan (Flag) to Uzbekistan (Flag) (2022)

Latest Data

Trade between Uzbekistan (Flag) and Turkmenistan (Flag)

Uzbekistan Exports

Market Competitiveness

Color
Uzbekistan
Top Destination
Switzerland$4.29B
Turkmenistan
Top Destination
China$8.88B

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

In 2022, countries that imported more from Uzbekistan than Turkmenistan included Switzerland ($4.29B), Russia ($2.6B), and Kazakhstan ($1.25B).

In 2022, countries that imported more from Turkmenistan than Uzbekistan included China ($8.88B), Azerbaijan ($460M), and Morocco ($193M).

Difference in imports from Turkmenistan (Flag) and Uzbekistan (Flag) (2022)

Comparative Advantage Uzbekistan - Turkmenistan

Flow
Scale

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

During 2022, Uzbekistan had a large net trade with Turkmenistan in the exports of Chemical Products ($67.5M), Mineral Products ($10.1M), and Stone And Glass ($9.57M).

During 2017, Turkmenistan had a large net trade with Uzbekistan in the exports of Mineral Products ($611M), Plastics and Rubbers ($30.9M), and Stone And Glass ($6.61M).

Economic Complexity

Competitive Landscape

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

Product Space of Uzbekistan (Flag) and Turkmenistan (Flag) (2022)

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