Romania (ROU) and Turkmenistan (TKM) Trade | The Observatory of Economic Complexity

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Romania-Turkmenistan Trade: In 2022, Romania exported $4.7M to Turkmenistan. The main products that Romania exported to Turkmenistan were Valves ($3.46M), Machinery Having Individual Functions ($531k), and Video Displays ($218k). Over the past 5 years the exports of Romania to Turkmenistan have decreased at an annualized rate of 1.86%, from $5.16M in 2017 to $4.7M in 2022.

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

Turkmenistan-Romania Trade: In 2022, Turkmenistan exported $6.62M to Romania. The main products that Turkmenistan exported to Romania were Nitrogenous Fertilizers ($6.3M), Rubberworking Machinery ($190k), and Synthetic Filament Yarn Woven Fabric ($67.3k). Over the past 5 years the exports of Turkmenistan to Romania have decreased at an annualized rate of 31.6%, from $44M in 2017 to $6.62M in 2022.

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

Comparison: In 2022, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Romania exported $4.7M to Turkmenistan. The main products exported from Romania to Turkmenistan were Valves ($3.46M), Machinery Having Individual Functions ($531k), and Video Displays ($218k). During the last 5 years the exports of Romania to Turkmenistan have decreased at an annualized rate of 1.86%, from $5.16M in 2017 to $4.7M in 2022.

In 2017, Turkmenistan exported $6.62M to Romania. The main products exported from Turkmenistan to Romania were Nitrogenous Fertilizers ($6.3M), Rubberworking Machinery ($190k), and Synthetic Filament Yarn Woven Fabric ($67.3k). During the last 5 years the exports of Turkmenistan to Romania have decreased at an annualized rate of 31.6%, from $44M in 2022 to $6.62M in 2017.

Exports from Romania () to Turkmenistan () (2022)

Exports from Turkmenistan () to Romania () (2022)

Latest Data

Trade between Romania () and Turkmenistan ()

Romania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Romania
Top DestinationGermany$18.8B

Turkmenistan
Top DestinationChina$8.88B

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

In 2022, countries that imported more from Romania than Turkmenistan included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

In 2022, countries that imported more from Turkmenistan than Romania included China ($8.88B), Uzbekistan ($664M), and Azerbaijan ($460M).

Difference in imports from Turkmenistan () and Romania () (2022)

Comparative Advantage Romania - Turkmenistan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Romania had a large net trade with Turkmenistan in the exports of Machines ($4.32M), Chemical Products ($172k), and Metals ($167k).

During 2017, Turkmenistan had a large net trade with Romania in the exports of Chemical Products ($6.3M), Machines ($190k), and Textiles ($67.3k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Romania () to Turkmenistan () (2022)

Exports from Turkmenistan () to Romania () (2022)

Latest Data

Trade between Romania () and Turkmenistan ()

Romania Exports

Market Competitiveness

Difference in imports from Turkmenistan () and Romania () (2022)

Comparative Advantage Romania - Turkmenistan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Romania () and Turkmenistan () (2022)

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