2022
Flag  
GDP
$495BCURRENT US$
Rnk 29 / 186
2012-2022
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GDP GROWTH
24.6%CURRENT US$
Rnk 111 / 186
2022
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GDP PC 
$6,909CURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP PC GROWTH
20.2%CURRENT US$
Rnk 87 / 186

About

Thailand-Turkmenistan In 2022, Thailand exported $5.92M to Turkmenistan. The main products that Thailand exported to Turkmenistan are Cars ($2.61M), Lifting Machinery ($1.56M), and Uncoated Paper ($956k). During the last 23 years the exports of Thailand to Turkmenistan have increased at an annualized rate of 10.2%, from $637k in 1999 to $5.92M in 2022.

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

Turkmenistan-Thailand In 2022, Turkmenistan exported $4.88k to Thailand. The main products that Turkmenistan exported to Thailand were Carbon ($4.48k), Felt or Coated Fabric Garments ($378), and Iron Fasteners ($14). During the last 23 years the exports of Turkmenistan to Thailand have decreased at an annualized rate of 24.2%, from $2.84M in 1999 to $4.88k in 2022.

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

Comparison In 2022,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.88), and 27 in total exports ($312B). 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, Thailand exported $5.92M to Turkmenistan. The main products exported from Thailand to Turkmenistan were Cars ($2.61M), Lifting Machinery ($1.56M), and Uncoated Paper ($956k). During the last 23 years the exports of Thailand to Turkmenistan have increased at an annualized rate of 10.2%, from $637k in 1999 to $5.92M in 2022.

In 2022, Turkmenistan exported $4.88k to Thailand. The main products exported from Turkmenistan to Thailand were Carbon ($4.48k), Felt or Coated Fabric Garments ($378), and Iron Fasteners ($14). During the last 23 years the exports of Turkmenistan to Thailand have decreased at an annualized rate of 24.2%, from $2.84M in 1999 to $4.88k in 2022.

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

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

Latest Data

Trade between Thailand (Flag) and Turkmenistan (Flag)

Thailand Exports

Market Competitiveness

Color
Thailand
Top Destination
United States$53.4B
Turkmenistan
Top Destination
China$8.88B

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

In 2021, countries that imported more from Thailand than Turkmenistan were United States ($53.4B), China ($35.3B), and Japan ($24.6B).

In 2021, countries that imported more from Turkmenistan than Thailand were Uzbekistan ($664M), Azerbaijan ($460M), and Georgia ($168M).

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

Comparative Advantage Thailand - Turkmenistan

Flow
Scale

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

During 2022, Thailand had a large net trade with Turkmenistan in the exports of Transportation ($2.61M), Machines ($1.91M), and Paper Goods ($956k).

During 2022, Turkmenistan had a large net trade with Thailand in the exports of Chemical Products ($4.48k), Textiles ($378), and Metals ($14).

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

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

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