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2022
Flag → Flag
Exports $1.61MRnk 105 / 194
2022
Flag → Flag
Top Product $1.61MPackaged Medicaments
2022
Flag → Flag
Exports $5.4MRnk 36 / 95
2022
Flag → Flag
Top Product $5.4MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI -0.56Rnk 90 / 133
2022
Flag  
GDP$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
GDP PC $31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH7.9%CURRENT US$
Rnk 123 / 186

About

Cyprus-Turkmenistan Trade: In 2022, Cyprus exported $1.61M to Turkmenistan. The main products that Cyprus exported to Turkmenistan were Packaged Medicaments ($1.61M). Over the past 7 years the exports of Cyprus to Turkmenistan have increased at an annualized rate of 47.1%, from $108k in 2015 to $1.61M in 2022.

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

Turkmenistan-Cyprus Trade: In 2022, Turkmenistan exported $5.4M to Cyprus. The main products that Turkmenistan exported to Cyprus were Refined Petroleum ($5.4M) and Other Plastic Products ($6). Over the past 7 years the exports of Turkmenistan to Cyprus have increased at an annualized rate of 19.8%,  from $2.19M in 2015 to $5.4M in 2022.

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

Comparison In 2022,  Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index. 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 2022, Cyprus exported $1.61M to Turkmenistan. The main products exported from Cyprus to Turkmenistan were Packaged Medicaments ($1.61M). During the last 7 years the exports of Cyprus to Turkmenistan have increased at an annualized rate of 47.1%, from $108k in 2015 to $1.61M in 2022.

In 2017, Turkmenistan exported $5.4M to Cyprus. The main products exported from Turkmenistan to Cyprus were Refined Petroleum ($5.4M) and Other Plastic Products ($6). During the last 5 years the exports of Turkmenistan to Cyprus have increased at an annualized rate of 19.8%, from $2.19M in 2022 to $5.4M in 2017.

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

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

Latest Data

Trade between Cyprus (Flag) and Turkmenistan (Flag)

Cyprus Exports

Market Competitiveness

Color
Cyprus
Top DestinationHong Kong$482M
Turkmenistan
Top DestinationChina$8.88B

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

In 2022, countries that imported more from Cyprus than Turkmenistan included Hong Kong ($482M), Greece ($471M), and Lebanon ($329M).

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

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

Comparative Advantage Cyprus - Turkmenistan

Flow
Scale

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

During 2022, Cyprus had a large net trade with Turkmenistan in the exports of Chemical Products ($1.61M).

During 2017, Turkmenistan had a large net trade with Cyprus in the exports of Mineral Products ($5.4M) and Plastics and Rubbers ($6).

Economic Complexity

Competitive Landscape

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

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

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