2022
Flag
 GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC
$72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH
58.5%CURRENT US$
Rnk 29 / 186

About

Turkmenistan-Iceland Trade: In 2022, Turkmenistan exported $39.1k to Iceland. The main products that Turkmenistan exported to Iceland were Refined Petroleum ($39.1k). Over the past 14 years the exports of Turkmenistan to Iceland have increased at an annualized rate of 17.4%, from $4.13k in 2008 to $39.1k in 2022.

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

Iceland-Turkmenistan In false, Iceland did not export any products to Turkmenistan.

In 2022, Iceland 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, Iceland ranked 116 in total exports ($7.31B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Turkmenistan exported $39.1k to Iceland. The main products exported from Turkmenistan to Iceland were Refined Petroleum ($39.1k). During the last 14 years the exports of Turkmenistan to Iceland have increased at an annualized rate of 17.4%, from $4.13k in 2008 to $39.1k in 2022.

Iceland does not register exports to Turkmenistan.

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

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

Market Competitiveness

Color
Turkmenistan
Top Destination
China$8.88B
Iceland
Top Destination
Netherlands$1.97B

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

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

In 2022, countries that imported more from Iceland than Turkmenistan included Netherlands ($1.97B), United Kingdom ($672M), and United States ($613M).

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

Comparative Advantage Turkmenistan - Iceland

Flow
Scale

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

During 2022, Turkmenistan had a large net trade with Iceland in the exports of Mineral Products ($39.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Turkmenistan Iceland+N/AN/A
Top Product Potential Iceland Turkmenistan+N/AN/A

N/A

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with