Turkmenistan

ECON COMPLEXITY (2018)

-0.68

RANK 100 OF 137

PRODUCT EXPORTS (2018)

$9.11B

RANK 91 OF 222

EXPORTS PER CAPITA (2018)

$1.56K

RANK 83 OF 219

PRODUCT IMPORTS (2018)

$2.38B

RANK 152 OF 221

IMPORTS PER CAPITA (2018)

$406

RANK 99 of 219

GDP (2018)

$40.8B

CURRENT US$
RANK 93 OF 196

GDP GROWTH (2008-2018)

112%

CURRENT US$
RANK 25 OF 196

GDP PC (2018)

$6,967

CURRENT US$
RANK 94 OF 196

GDP PC GROWTH (2008-2018)

78.4%

CURRENT US$
RANK 25 OF 196

Overview: This page contains the latest international trade data for Turkmenistan, and tariffs. In 2018 Turkmenistan was the number 93 economy in the world in terms of GDP (current US$), the number 91 in total exports, the number 152 in total imports, and the number 100 most complex economy according to the Economic Complexity Index (ECI). In 2018, Turkmenistan exported $9.11B and imported $2.38B, resulting in a positive trade balance of $6.73B. In 2018, Turkmenistan’s exports per capita were $1.56k and its imports per capita were $406.

Trade: The top exports of Turkmenistan are Petroleum Gas ($7.23B), Refined Petroleum ($804M), Peat ($178M), Non-Retail Pure Cotton Yarn($159M), and Raw Cotton ($109M). The top imports of Turkmenistan are Harvesting Machinery ($98.8M), Special Purpose Ships ($89.3M), Packaged Medicaments ($72.8M), Steam Turbines ($63M), and Iron Pipes ($57.7M).

Destinations: Turkmenistan exports mostly to China ($7.3B), Afghanistan ($323M), Turkey ($256M), Uzbekistan ($228M), and Georgia($174M), and imports mostly from Turkey ($467M), China ($317M), Russia ($288M), United Arab Emirates ($258M), and Germany ($172M).

Location: Turkmenistan borders Afghanistan, Iran, Kazakhstan, and Uzbekistan by land and Azerbaijan by sea.

Exports

In 2018 Turkmenistan exported a total of $9.11B, making it the number 91 exporter in the world. During the last five reported years the exports of Turkmenistan have changed by -$1.31B from $10.4B in 2013 to $9.11B in 2018.

The most recent exports are led by Petroleum Gas ($7.23B), Refined Petroleum ($804M), Peat ($178M), Non-Retail Pure Cotton Yarn ($159M), and Raw Cotton ($109M).

Imports

In 2018 Turkmenistan imported $2.38B, making it the number 152 trade destination in the world. During the last five reported years the imports of Turkmenistan changed by -$4.94B from $7.31B in 2013 to $2.38B in 2018.

The most recent imports of Turkmenistan are led by Harvesting Machinery ($98.8M), Special Purpose Ships ($89.3M), Packaged Medicaments ($72.8M), Steam Turbines ($63M), and Iron Pipes ($57.7M).

Trade Balance

As of 2018 Turkmenistan had a positive trade balance of $3.75B in net exports. As compared to their trade balance in 1995 when they still had a positive trade balance of $171M in net exports.

Destinations

The most common destination for the exports of Turkmenistan are China ($7.3B), Afghanistan ($323M), Turkey ($256M), Uzbekistan ($228M), and Georgia ($174M).

Origins

The most common import partners for Turkmenistan are Turkey ($467M), China ($317M), Russia ($288M), United Arab Emirates ($258M), and Germany ($172M).