Turkmenistan (TKM) and Spain (ESP) Trade | The Observatory of Economic Complexity

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Turkmenistan-Spain Trade: In 2022, Turkmenistan exported $6.23M to Spain. The main products that Turkmenistan exported to Spain were Nitrogenous Fertilizers ($3.52M), Ethylene Polymers ($1.82M), and Cast Iron Pipes ($388k). Over the past 5 years the exports of Turkmenistan to Spain have decreased at an annualized rate of 13%, from $12.5M in 2017 to $6.23M in 2022.

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

Spain-Turkmenistan Trade: In 2022, Spain exported $4.27M to Turkmenistan. The main products that Spain exported to Turkmenistan were Cocoa Powder ($673k), Liquid Pumps ($590k), and Unglazed Ceramics ($536k). Over the past 5 years the exports of Spain to Turkmenistan have decreased at an annualized rate of 4.77%, from $8.06M in 2017 to $4.27M in 2022.

In 2022, Spain 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Turkmenistan exported $6.23M to Spain. The main products exported from Turkmenistan to Spain were Nitrogenous Fertilizers ($3.52M), Ethylene Polymers ($1.82M), and Cast Iron Pipes ($388k). During the last 5 years the exports of Turkmenistan to Spain have decreased at an annualized rate of 13%, from $12.5M in 2017 to $6.23M in 2022.

In 2017, Spain exported $4.27M to Turkmenistan. The main products exported from Spain to Turkmenistan were Cocoa Powder ($673k), Liquid Pumps ($590k), and Unglazed Ceramics ($536k). During the last 5 years the exports of Spain to Turkmenistan have decreased at an annualized rate of 4.77%, from $8.06M in 2022 to $4.27M in 2017.

Exports from Turkmenistan () to Spain () (2022)

Exports from Spain () to Turkmenistan () (2022)

Latest Data

Trade between Turkmenistan () and Spain ()

Spain Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkmenistan
Top DestinationChina$8.88B

Spain
Top DestinationFrance$65.2B

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

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

In 2022, countries that imported more from Spain than Turkmenistan included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

Comparative Advantage Turkmenistan - Spain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Turkmenistan had a large net trade with Spain in the exports of Chemical Products ($3.79M), Plastics and Rubbers ($1.86M), and Metals ($388k).

During 2017, Spain had a large net trade with Turkmenistan in the exports of Machines ($1.48M), Foodstuffs ($1M), and Stone And Glass ($601k).

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

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Historical Data

Bilateral Trade by Products

Exports from Turkmenistan () to Spain () (2022)

Exports from Spain () to Turkmenistan () (2022)

Latest Data

Trade between Turkmenistan () and Spain ()

Spain Exports

Market Competitiveness

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

Comparative Advantage Turkmenistan - Spain

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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