2022
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GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
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GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 186
2022
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GDP PC 
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
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GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186

About

Netherlands-Turkmenistan In 2022, Netherlands exported $77.3M to Turkmenistan. The main products that Netherlands exported to Turkmenistan are Broadcasting Equipment ($16.3M), Computers ($5.65M), and Rubber Tires ($4.45M). During the last 27 years the exports of Netherlands to Turkmenistan have increased at an annualized rate of 10.5%, from $5.23M in 1995 to $77.3M in 2022.

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

Turkmenistan-Netherlands In 2022, Turkmenistan exported $1.24M to Netherlands. The main products that Turkmenistan exported to Netherlands were Electrical Ignitions ($624k), Air Conditioners ($210k), and Gas Turbines ($123k). During the last 27 years the exports of Turkmenistan to Netherlands have increased at an annualized rate of 5.49%, from $292k in 1995 to $1.24M in 2022.

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

Comparison In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). 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, Netherlands exported $77.3M to Turkmenistan. The main products exported from Netherlands to Turkmenistan were Broadcasting Equipment ($16.3M), Computers ($5.65M), and Rubber Tires ($4.45M). During the last 27 years the exports of Netherlands to Turkmenistan have increased at an annualized rate of 10.5%, from $5.23M in 1995 to $77.3M in 2022.

In 2022, Turkmenistan exported $1.24M to Netherlands. The main products exported from Turkmenistan to Netherlands were Electrical Ignitions ($624k), Air Conditioners ($210k), and Gas Turbines ($123k). During the last 27 years the exports of Turkmenistan to Netherlands have increased at an annualized rate of 5.49%, from $292k in 1995 to $1.24M in 2022.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$131B
Turkmenistan
Top Destination
China$8.88B

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

In 2021, countries that imported more from Netherlands than Turkmenistan were Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2021, countries that imported more from Turkmenistan than Netherlands were Uzbekistan ($664M), Azerbaijan ($460M), and Tajikistan ($47.5M).

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

Comparative Advantage Netherlands - Turkmenistan

Flow
Scale

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

During 2022, Netherlands had a large net trade with Turkmenistan in the exports of Machines ($42.7M), Instruments ($11.9M), and Plastics and Rubbers ($7.86M).

During 2022, Turkmenistan had a large net trade with Netherlands in the exports of Machines ($988k), Textiles ($111k), and Instruments ($64.9k).

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 Netherlands has comparative advantage over Turkmenistan. Similarly, the more yellow a dot/product is, the more Turkmenistan has comparative advantage over Netherlands.

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

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