Turkmenistan (TKM) and Romania (ROU) Trade | The Observatory of Economic Complexity

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Turkmenistan-Romania Trade: In 2022, Turkmenistan exported $6.62M to Romania. The main products that Turkmenistan exported to Romania were Nitrogenous Fertilizers ($6.3M), Rubberworking Machinery ($190k), and Synthetic Filament Yarn Woven Fabric ($67.3k). Over the past 5 years the exports of Turkmenistan to Romania have decreased at an annualized rate of 31.6%, from $44M in 2017 to $6.62M in 2022.

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

Romania-Turkmenistan Trade: In 2022, Romania exported $4.7M to Turkmenistan. The main products that Romania exported to Turkmenistan were Valves ($3.46M), Machinery Having Individual Functions ($531k), and Video Displays ($218k). Over the past 5 years the exports of Romania to Turkmenistan have decreased at an annualized rate of 0.85%, from $5.16M in 2017 to $4.7M in 2022.

In 2022, Romania 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, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Turkmenistan exported $6.62M to Romania. The main products exported from Turkmenistan to Romania were Nitrogenous Fertilizers ($6.3M), Rubberworking Machinery ($190k), and Synthetic Filament Yarn Woven Fabric ($67.3k). During the last 5 years the exports of Turkmenistan to Romania have decreased at an annualized rate of 31.6%, from $44M in 2017 to $6.62M in 2022.

In 2017, Romania exported $4.7M to Turkmenistan. The main products exported from Romania to Turkmenistan were Valves ($3.46M), Machinery Having Individual Functions ($531k), and Video Displays ($218k). During the last 5 years the exports of Romania to Turkmenistan have decreased at an annualized rate of 0.85%, from $5.16M in 2022 to $4.7M in 2017.

Exports from Turkmenistan () to Romania () (2022)

Exports from Romania () to Turkmenistan () (2022)

Latest Data

Trade between Turkmenistan () and Romania ()

Romania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Turkmenistan
Top DestinationChina$8.88B

Romania
Top DestinationGermany$18.8B

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

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

In 2022, countries that imported more from Romania than Turkmenistan included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

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

Comparative Advantage Turkmenistan - Romania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Turkmenistan had a large net trade with Romania in the exports of Chemical Products ($6.3M), Machines ($190k), and Textiles ($67.3k).

During 2017, Romania had a large net trade with Turkmenistan in the exports of Machines ($4.32M), Chemical Products ($172k), and Metals ($167k).

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

About

Historical Data

Bilateral Trade by Products

Exports from Turkmenistan () to Romania () (2022)

Exports from Romania () to Turkmenistan () (2022)

Latest Data

Trade between Turkmenistan () and Romania ()

Romania Exports

Market Competitiveness

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

Comparative Advantage Turkmenistan - Romania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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