Indonesia (IDN) and Turkmenistan (TKM) Trade | The Observatory of Economic Complexity

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Indonesia-Turkmenistan Trade: In 2022, Indonesia exported $4M to Turkmenistan. The main products that Indonesia exported to Turkmenistan were Soap ($2.07M), Margarine ($996k), and Other Vegetable Oils ($384k). Over the past 5 years the exports of Indonesia to Turkmenistan have decreased at an annualized rate of 1.81%, from $4.39M in 2017 to $4M in 2022.

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

Turkmenistan-Indonesia Trade: In 2022, Turkmenistan exported $1.56k to Indonesia. The main products that Turkmenistan exported to Indonesia were Gaskets ($661), Non-Knit Men's Suits ($590), and Iron Fasteners ($196). Over the past 5 years the exports of Turkmenistan to Indonesia have decreased at an annualized rate of 71.5%, from $826k in 2017 to $1.56k in 2022.

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

Comparison: In 2022, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B). 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, Indonesia exported $4M to Turkmenistan. The main products exported from Indonesia to Turkmenistan were Soap ($2.07M), Margarine ($996k), and Other Vegetable Oils ($384k). During the last 5 years the exports of Indonesia to Turkmenistan have decreased at an annualized rate of 1.81%, from $4.39M in 2017 to $4M in 2022.

In 2017, Turkmenistan exported $1.56k to Indonesia. The main products exported from Turkmenistan to Indonesia were Gaskets ($661), Non-Knit Men's Suits ($590), and Iron Fasteners ($196). During the last 5 years the exports of Turkmenistan to Indonesia have decreased at an annualized rate of 71.5%, from $826k in 2022 to $1.56k in 2017.

Exports from Indonesia () to Turkmenistan () (2022)

Exports from Turkmenistan () to Indonesia () (2022)

Latest Data

Trade between Indonesia () and Turkmenistan ()

Indonesia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Indonesia
Top DestinationChina$67.7B

Turkmenistan
Top DestinationChina$8.88B

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

In 2022, countries that imported more from Indonesia than Turkmenistan included China ($67.7B), United States ($31.6B), and Japan ($26.6B).

In 2022, countries that imported more from Turkmenistan than Indonesia included Uzbekistan ($664M), Azerbaijan ($460M), and Kyrgyzstan ($76.5M).

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

Comparative Advantage Indonesia - Turkmenistan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Indonesia had a large net trade with Turkmenistan in the exports of Chemical Products ($2.49M), Animal and Vegetable Bi-Products ($1.41M), and Foodstuffs ($69.6k).

During 2017, Turkmenistan had a large net trade with Indonesia in the exports of Machines ($661), Textiles ($590), and Metals ($196).

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

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Historical Data

Bilateral Trade by Products

Exports from Indonesia () to Turkmenistan () (2022)

Exports from Turkmenistan () to Indonesia () (2022)

Latest Data

Trade between Indonesia () and Turkmenistan ()

Indonesia Exports

Market Competitiveness

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

Comparative Advantage Indonesia - Turkmenistan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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