2022
Flag  
GDP
$467BCURRENT US$
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2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
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2022
Flag
GDP PC 
$82,808CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
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About

Singapore-Turkmenistan In 2022, Singapore exported $3.45M to Turkmenistan. The main products that Singapore exported to Turkmenistan are Machinery Having Individual Functions ($1.13M), Valves ($670k), and Excavation Machinery ($398k). During the last 23 years the exports of Singapore to Turkmenistan have increased at an annualized rate of 3.42%, from $1.59M in 1999 to $3.45M in 2022.

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

Turkmenistan-Singapore In 2022, Turkmenistan exported $140M to Singapore. The main products that Turkmenistan exported to Singapore were Refined Petroleum ($140M), Apples and Pears ($131k), and Other Electrical Machinery ($3.35k). During the last 23 years the exports of Turkmenistan to Singapore have increased at an annualized rate of 17.6%, from $3.38M in 1999 to $140M in 2022.

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

Comparison In 2022,  Singapore ranked 5 in the Economic Complexity Index (ECI 1.53), and 21 in total exports ($379B). That same year, Turkmenistan ranked 81 in the Economic Complexity Index (ECI -0.44), and 95 in total exports ($12.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Singapore exported $3.45M to Turkmenistan. The main products exported from Singapore to Turkmenistan were Machinery Having Individual Functions ($1.13M), Valves ($670k), and Excavation Machinery ($398k). During the last 23 years the exports of Singapore to Turkmenistan have increased at an annualized rate of 3.42%, from $1.59M in 1999 to $3.45M in 2022.

In 2022, Turkmenistan exported $140M to Singapore. The main products exported from Turkmenistan to Singapore were Refined Petroleum ($140M), Apples and Pears ($131k), and Other Electrical Machinery ($3.35k). During the last 23 years the exports of Turkmenistan to Singapore have increased at an annualized rate of 17.6%, from $3.38M in 1999 to $140M in 2022.

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

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

Latest Data

Trade between Singapore (Flag) and Turkmenistan (Flag)

Singapore Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$51.6B
Turkmenistan
Top Destination
China$8.88B

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

In 2021, countries that imported more from Singapore than Turkmenistan were Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2021, countries that imported more from Turkmenistan than Singapore were Uzbekistan ($664M), Azerbaijan ($460M), and Turkey ($884M).

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

Comparative Advantage Singapore - Turkmenistan

Flow
Scale

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

During 2022, Singapore had a large net trade with Turkmenistan in the exports of Machines ($2.51M), Metals ($518k), and Instruments ($197k).

During 2022, Turkmenistan had a large net trade with Singapore in the exports of Mineral Products ($140M), Vegetable Products ($131k), and Machines ($3.44k).

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

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

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