New 50% OFF discount for academic accounts !
New 2022 ECI Rankings !
New Company Reports !
New Product Data Download Page !
Sign In
Pricing

2022
Flag → Flag
Exports $203MRnk 105 / 223
2022
Flag → Flag
Top Product $50.4MTractors
2022
Flag → Flag
Exports $32MRnk 19 / 95
2022
Flag → Flag
Top Product $25.1MCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI 1.75Rnk 3 / 124
2022
Flag
Economic Complexity (ECI) ECI -0.44Rnk 81 / 124
2022
Flag  
GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186

About

Germany-Turkmenistan In 2022, Germany exported $203M to Turkmenistan. The main products that Germany exported to Turkmenistan are Tractors ($50.4M), Gas Turbines ($11.3M), and Packaged Medicaments ($10M). During the last 27 years the exports of Germany to Turkmenistan have increased at an annualized rate of 5.94%, from $42.7M in 1995 to $203M in 2022.

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

Turkmenistan-Germany In 2022, Turkmenistan exported $32M to Germany. The main products that Turkmenistan exported to Germany were Crude Petroleum ($25.1M), Nitrogenous Fertilizers ($2.78M), and Petroleum Jelly ($2.39M). During the last 27 years the exports of Turkmenistan to Germany have decreased at an annualized rate of 1.79%, from $52.1M in 1995 to $32M in 2022.

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

Comparison In 2022,  Germany ranked 3 in the Economic Complexity Index (ECI 1.75), and 3 in total exports ($1.6T). That same year, Turkmenistan ranked 81 in the Economic Complexity Index (ECI -0.44), and 95 in total exports ($12.5B).

Latest Trends

January, 2024

About

Overview In January 2024, Germany exported €8.63M and imported €104k from Turkmenistan, resulting in a positive trade balance of €8.53M. Between January 2023 and January 2024 the exports of Germany have decreased by €-5.7M (-39.8%) from €14.3M to €8.63M, while imports decreased by €-192k (-64.9%) from €296k to €104k.

Trade In January 2024, the top exports of Germany to Turkmenistan were Agricultural machinery (incl. tractors) (€4.7M), Pharmaceutical products (€1.74M), Mineral oil products (€1.57M), Other machinery (€963k), and Other articles of iron, iron sheet,... (€771k). In January 2024 the top imports of Germany from Turkmenistan were Radioactive elements and radioactive isotopes (€160k), Measuring and automatical control instruments (€86k), Railway or tramway locomotives and rolling... (€38k), Apparel of cotton, excl. of knitted... (€6k), and Apparel of knitted or crocheted fabrics... (€3k).

Origins In January 2024 the exports of Germany were mainly from Saxony (€2.5M), Rhineland-Pfalz (€659k), Saarland (€658k), Hamburg (€614k), and Baden-Württemberg (€517k), while imports destinations were mainly North Rhine-Westphalia (€53k), Lower Saxony (€40k), Bavaria (€6k), and Hesse (€0).

Growth In January 2024, the decrease in Germany's year-by-year exports to Turkmenistan was explained primarily by an decrease in product exports in Engines (excl. for tractor,aircraft, road vehicle) (€-8.41M or -99.9%), Lorries and special purpose motor vehicles (€-2.88M or -88.1%), and Telecommunication devices and apparatus (€-2.19M or -97.2%). In January 2024, the decrease in Germany's year-by-year imports  from Turkmenistan was explained primarily by an decrease in product imports  in .

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (January 2023 - January 2024)€-5.7M(-39.8%)
IMPORT GROWTH (January 2023 - January 2024)€-192k(-64.9%)
MAIN EXPORTER (January 2024)Saxony€2.5M

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Turkmenistan and Germany trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Turkmenistan and Germany Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $203M to Turkmenistan. The main products exported from Germany to Turkmenistan were Tractors ($50.4M), Gas Turbines ($11.3M), and Packaged Medicaments ($10M). During the last 27 years the exports of Germany to Turkmenistan have increased at an annualized rate of 5.94%, from $42.7M in 1995 to $203M in 2022.

In 2022, Turkmenistan exported $32M to Germany. The main products exported from Turkmenistan to Germany were Crude Petroleum ($25.1M), Nitrogenous Fertilizers ($2.78M), and Petroleum Jelly ($2.39M). During the last 27 years the exports of Turkmenistan to Germany have decreased at an annualized rate of 1.79%, from $52.1M in 1995 to $32M in 2022.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Turkmenistan
Top DestinationChina$8.88B

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

In 2021, countries that imported more from Germany than Turkmenistan were United States ($153B), France ($120B), and Netherlands ($109B).

In 2019, no countries were registered that imported more from Turkmenistan than from Germany.

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

Comparative Advantage Germany - Turkmenistan

Flow
Scale

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

During 2022, Germany had a large net trade with Turkmenistan in the exports of Machines ($67.8M), Transportation ($61M), and Chemical Products ($23.7M).

During 2022, Turkmenistan had a large net trade with Germany in the exports of Mineral Products ($27.5M), Chemical Products ($2.78M), and Machines ($856k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Germany has comparative advantage over Turkmenistan. Similarly, the more yellow a dot/product is, the more Turkmenistan has comparative advantage over Germany.

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms