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

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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.

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.

Comparison: In 2022, Turkmenistan ranked 90 in the Economic Complexity Index (ECI -0.56), and 95 in total exports ($12.5B). That same year, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, 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 2017 to $1.56k in 2022.

In 2017, 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 2022 to $4M in 2017.

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

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

Latest Data

Trade between Turkmenistan () and Indonesia ()

Indonesia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkmenistan
Top DestinationChina$8.88B

Indonesia
Top DestinationChina$67.7B

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

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

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

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

Comparative Advantage Turkmenistan - Indonesia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Turkmenistan had a large net trade with Indonesia in the exports of Machines ($661), Textiles ($590), and Metals ($196).

During 2017, 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).

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

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Turkmenistan () and Indonesia ()

Indonesia Exports

Market Competitiveness

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

Comparative Advantage Turkmenistan - Indonesia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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