In 2022, Turkmenistan exported a total of $12.5B, making it the number 95 exporter in the world. During the last five reported years the exports of Turkmenistan have changed by $4.87B from $7.6B in 2017 to $12.5B in 2022.
Does Turkmenistan have a product space?
The barchart show only products that Turkmenistan is not specialized in. The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports.
What are the top export opportunities for Turkmenistan?
The top export opportunities for Turkmenistan according to the relatedness index, were Crude Petroleum (0.061), Ground Nuts (0.046), Gold (0.045), Insect Resins (0.045), and Other Mineral (0.043). Relatedness measures the distance between a country’s current exports and each product.
Does Turkmenistan have a high level of specialization?
Turkmenistan has a high level of specialization in Halogens (27.7), Petroleum Gas (21.2), Non-Retail Pure Cotton Yarn (18.6), Nitrogenous Fertilizers (18.5), and Sulphur (13.8). Specialization is measured using RCA, an index that takes the ratio between Turkmenistan observed and expected exports in each product.