Turkmenistan (TKM) and Belgium (BEL) Trade | The Observatory of Economic Complexity

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Turkmenistan-Belgium Trade: In 2022, Turkmenistan exported $1.98M to Belgium. The main products that Turkmenistan exported to Belgium were Raw Cotton ($1.02M), Carbon ($803k), and Wool ($79.7k). Over the past 5 years the exports of Turkmenistan to Belgium have increased at an annualized rate of 43.4%, from $326k in 2017 to $1.98M in 2022.

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

Belgium-Turkmenistan Trade: In 2022, Belgium exported $27.5M to Turkmenistan. The main products that Belgium exported to Turkmenistan were Vaccines, blood, antisera, toxins and cultures ($20M), Chlorides ($1.78M), and Packaged Medicaments ($1.02M). Over the past 5 years the exports of Belgium to Turkmenistan have increased at an annualized rate of 27.9%, from $8.06M in 2017 to $27.5M in 2022.

In 2022, Belgium 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, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Turkmenistan exported $1.98M to Belgium. The main products exported from Turkmenistan to Belgium were Raw Cotton ($1.02M), Carbon ($803k), and Wool ($79.7k). During the last 5 years the exports of Turkmenistan to Belgium have increased at an annualized rate of 43.4%, from $326k in 2017 to $1.98M in 2022.

In 2017, Belgium exported $27.5M to Turkmenistan. The main products exported from Belgium to Turkmenistan were Vaccines, blood, antisera, toxins and cultures ($20M), Chlorides ($1.78M), and Packaged Medicaments ($1.02M). During the last 5 years the exports of Belgium to Turkmenistan have increased at an annualized rate of 27.9%, from $8.06M in 2022 to $27.5M in 2017.

Exports from Turkmenistan () to Belgium () (2022)

Exports from Belgium () to Turkmenistan () (2022)

Latest Data

Trade between Turkmenistan () and Belgium ()

Belgium Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkmenistan
Top DestinationChina$8.88B

Belgium
Top DestinationGermany$91.9B

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

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

In 2022, countries that imported more from Belgium than Turkmenistan included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

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

Comparative Advantage Turkmenistan - Belgium

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Turkmenistan had a large net trade with Belgium in the exports of Textiles ($1.13M), Chemical Products ($803k), and Plastics and Rubbers ($32k).

During 2017, Belgium had a large net trade with Turkmenistan in the exports of Chemical Products ($25M), Machines ($1.17M), and Instruments ($394k).

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

About

Historical Data

Bilateral Trade by Products

Exports from Turkmenistan () to Belgium () (2022)

Exports from Belgium () to Turkmenistan () (2022)

Latest Data

Trade between Turkmenistan () and Belgium ()

Belgium Exports

Market Competitiveness

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

Comparative Advantage Turkmenistan - Belgium

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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