Turkmenistan (TKM) and Cyprus (CYP) Trade | The Observatory of Economic Complexity

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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 14 years the exports of Turkmenistan to Cyprus have increased at an annualized rate of 61.5%, from $6.57k in 2008 to $5.4M in 2022.

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

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 14 years the exports of Cyprus to Turkmenistan have increased at an annualized rate of 35.8%, from $75.4k in 2008 to $1.61M in 2022.

In 2022, Cyprus 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, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, 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 14 years the exports of Turkmenistan to Cyprus have increased at an annualized rate of 61.5%, from $6.57k in 2008 to $5.4M in 2022.

In 2017, Cyprus exported $1.61M to Turkmenistan. The main products exported from Cyprus to Turkmenistan were Packaged Medicaments ($1.61M). During the last 5 years the exports of Cyprus to Turkmenistan have increased at an annualized rate of 35.8%, from $75.4k in 2022 to $1.61M in 2017.

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

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

Latest Data

Trade between Turkmenistan () and Cyprus ()

Cyprus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkmenistan
Top DestinationChina$8.88B

Cyprus
Top DestinationHong Kong$482M

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

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

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

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

Comparative Advantage Turkmenistan - Cyprus

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Turkmenistan had a large net trade with Cyprus in the exports of Mineral Products ($5.4M) and Plastics and Rubbers ($6).

During 2017, Cyprus had a large net trade with Turkmenistan in the exports of Chemical Products ($1.61M).

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Turkmenistan () and Cyprus ()

Cyprus Exports

Market Competitiveness

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

Comparative Advantage Turkmenistan - Cyprus

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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