2022
Flag  
GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
GDP PC 
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186

About

Colombia-Turkmenistan Trade: In 2021, Colombia exported $80.6k to Turkmenistan. The main products that Colombia exported to Turkmenistan were N/A. Over the past 5 years the exports of Colombia to Turkmenistan have increased at an annualized rate of 59.2%, from $7.88k in 2016 to $80.6k in 2021.

In 2021, Colombia did not export any services to Turkmenistan.

Turkmenistan-Colombia Trade: In 2021, Turkmenistan exported $7.26M to Colombia. The main products that Turkmenistan exported to Colombia were Potassic Fertilizers ($4.85M) and Nitrogenous Fertilizers ($2.41M). Over the past 5 years the exports of Turkmenistan to Colombia have increased at an annualized rate of 191%,  from $4.09k in 2016 to $7.26M in 2021.

In 2021, Turkmenistan did not export any services to Colombia.

Comparison: In 2022,  Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B). 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
Value

In 2021, Colombia exported $80.6k to Turkmenistan. There were not main exports from Colombia to Turkmenistan in 2021. During the last 5 years the exports of Colombia to Turkmenistan have increased at an annualized rate of 59.2%, from $7.88k in 2016 to $80.6k in 2021.

In 2017, Turkmenistan exported $7.26M to Colombia. The main products exported from Turkmenistan to Colombia were Potassic Fertilizers ($4.85M) and Nitrogenous Fertilizers ($2.41M). During the last 5 years the exports of Turkmenistan to Colombia have increased at an annualized rate of 191%, from $4.09k in 2022 to $7.26M in 2017.

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

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

Latest Data

Trade between Colombia (Flag) and Turkmenistan (Flag)

Colombia Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$15.6B
Turkmenistan
Top Destination
China$8.88B

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

In 2022, countries that imported more from Colombia than Turkmenistan included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

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

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

Comparative Advantage Colombia - Turkmenistan

Flow
Scale

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

During 2021, Colombia had a large net trade with Turkmenistan in the exports of .

During 2017, Turkmenistan had a large net trade with Colombia in the exports of Chemical Products ($7.26M).

Potential Exports

Potential Exports

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

N/A

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Economic Complexity

Competitive Landscape

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

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

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