Singapore (SGP) and Turkmenistan (TKM) Trade | The Observatory of Economic Complexity

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Singapore-Turkmenistan Trade: In 2022, Singapore exported $3.45M to Turkmenistan. The main products that Singapore exported to Turkmenistan were Machinery Having Individual Functions ($1.13M), Valves ($670k), and Excavation Machinery ($398k). Over the past 5 years the exports of Singapore to Turkmenistan have decreased at an annualized rate of 23.9%, from $13.5M in 2017 to $3.45M in 2022.

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

Turkmenistan-Singapore Trade: 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). Over the past 5 years the exports of Turkmenistan to Singapore have increased at an annualized rate of 180%, from $294k in 2017 to $140M in 2022.

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

Comparison: In 2022, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B). 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, 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 5 years the exports of Singapore to Turkmenistan have decreased at an annualized rate of 23.9%, from $13.5M in 2017 to $3.45M in 2022.

In 2017, 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 5 years the exports of Turkmenistan to Singapore have increased at an annualized rate of 180%, from $294k in 2022 to $140M in 2017.

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

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

Latest Data

Trade between Singapore () and Turkmenistan ()

Singapore Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Singapore
Top DestinationHong Kong$51.6B

Turkmenistan
Top DestinationChina$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 2022, countries that imported more from Singapore than Turkmenistan included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2022, countries that imported more from Turkmenistan than Singapore included Uzbekistan ($664M), Azerbaijan ($460M), and Turkey ($884M).

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

Comparative Advantage Singapore - Turkmenistan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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 2017, Turkmenistan had a large net trade with Singapore in the exports of Mineral Products ($140M), Vegetable Products ($131k), and Machines ($3.44k).

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 Singapore and Turkmenistan. This means that a dot/product with the flag of Singapore indicates it has a comparative advantage over Turkmenistan. Similarly, a dot/product with the flag of Turkmenistan indicates it has a comparative advantage over Singapore.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Singapore () and Turkmenistan ()

Singapore Exports

Market Competitiveness

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

Comparative Advantage Singapore - Turkmenistan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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