Turkmenistan (TKM) and Estonia (EST) Trade | The Observatory of Economic Complexity

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Turkmenistan-Estonia Trade: In 2022, Turkmenistan exported $2.02M to Estonia. The main products that Turkmenistan exported to Estonia were Petroleum Jelly ($1.33M), Coal Tar Oil ($653k), and Raw Cotton ($36.9k). Over the past 5 years the exports of Turkmenistan to Estonia have increased at an annualized rate of 161%, from $16.8k in 2017 to $2.02M in 2022.

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

Estonia-Turkmenistan Trade: In 2022, Estonia exported $10.3M to Turkmenistan. The main products that Estonia exported to Turkmenistan were Tractors ($9.51M), Engine Parts ($267k), and Malt Extract ($143k). Over the past 5 years the exports of Estonia to Turkmenistan have decreased at an annualized rate of 4.42%, from $12.9M in 2017 to $10.3M in 2022.

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

Comparison In 2022, Turkmenistan ranked 90 in the Economic Complexity Index (ECI -0.56), and 95 in total exports ($12.5B). That same year, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Turkmenistan exported $2.02M to Estonia. The main products exported from Turkmenistan to Estonia were Petroleum Jelly ($1.33M), Coal Tar Oil ($653k), and Raw Cotton ($36.9k). During the last 5 years the exports of Turkmenistan to Estonia have increased at an annualized rate of 161%, from $16.8k in 2017 to $2.02M in 2022.

In 2017, Estonia exported $10.3M to Turkmenistan. The main products exported from Estonia to Turkmenistan were Tractors ($9.51M), Engine Parts ($267k), and Malt Extract ($143k). During the last 5 years the exports of Estonia to Turkmenistan have decreased at an annualized rate of 4.42%, from $12.9M in 2022 to $10.3M in 2017.

Exports from Turkmenistan () to Estonia () (2022)

Exports from Estonia () to Turkmenistan () (2022)

Latest Data

Trade between Turkmenistan () and Estonia ()

Estonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkmenistan
Top DestinationChina$8.88B

Estonia
Top DestinationFinland$3B

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

In 2022, countries that imported more from Turkmenistan than Estonia included China ($8.88B), Turkey ($884M), and Uzbekistan ($664M).

In 2022, countries that imported more from Estonia than Turkmenistan included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

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

Comparative Advantage Turkmenistan - Estonia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Turkmenistan had a large net trade with Estonia in the exports of Mineral Products ($1.98M) and Textiles ($36.9k).

During 2017, Estonia had a large net trade with Turkmenistan in the exports of Transportation ($9.58M), Machines ($373k), and Foodstuffs ($143k).

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

About

Historical Data

Bilateral Trade by Products

Exports from Turkmenistan () to Estonia () (2022)

Exports from Estonia () to Turkmenistan () (2022)

Latest Data

Trade between Turkmenistan () and Estonia ()

Estonia Exports

Market Competitiveness

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

Comparative Advantage Turkmenistan - Estonia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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