Turkmenistan

Compare Turkmenistan →

TM · TKM · BACI 795 · latest data 2024

Exports

$13.5B USD, nominal · 2024

= $13,516 M11.1% over 5 yrs (up)

Imports

$3.9B USD, nominal · 2024

= $3,916 M16.6% over 5 yrs (up)

Trade balancesurplus

$9.6B USD, nominal · 2024

= $9,600 M

Total trade

$17.4B USD, nominal · 2024

= $17,431 M12.2% over 5 yrs (up)

World position: #91 of 225 exporters · top half · #147 of 225 importers · bottom half · 2024
World export share since 1995: +0.1 pp

Trade timeline

Turkmenistan's exports grew from $451M in 1995 to $13.5B in 2024; the 2024 balance was $9.6B.

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Exports, imports, trade balance and total trade of Turkmenistan per year, USD millions.
Year	Exports ($M)	Imports ($M)	Balance ($M)	Total ($M)
1995	$451 M	$274 M	$178 M	$725 M
1996	$1,983 M	$931 M	$1,052 M	$2,914 M
1997	$1,373 M	$1,043 M	$329 M	$2,416 M
1998	$322 M	$695 M	−$373 M	$1,017 M
1999	$1,422 M	$1,446 M	−$24 M	$2,869 M
2000	$3,181 M	$1,665 M	$1,516 M	$4,846 M
2001	$2,312 M	$1,047 M	$1,265 M	$3,359 M
2002	$2,643 M	$960 M	$1,683 M	$3,603 M
2003	$2,671 M	$1,390 M	$1,281 M	$4,061 M
2004	$3,558 M	$1,868 M	$1,690 M	$5,426 M
2005	$4,815 M	$1,976 M	$2,839 M	$6,791 M
2006	$5,439 M	$1,737 M	$3,702 M	$7,175 M
2007	$6,486 M	$2,416 M	$4,070 M	$8,903 M
2008	$8,091 M	$4,118 M	$3,973 M	$12,209 M
2009	$2,062 M	$5,071 M	−$3,010 M	$7,133 M
2010	$2,642 M	$4,557 M	−$1,915 M	$7,199 M
2011	$7,411 M	$6,169 M	$1,242 M	$13,581 M
2012	$10,760 M	$8,205 M	$2,555 M	$18,965 M
2013	$11,682 M	$8,646 M	$3,036 M	$20,328 M
2014	$11,929 M	$9,035 M	$2,894 M	$20,964 M
2015	$10,082 M	$6,632 M	$3,449 M	$16,714 M
2016	$8,004 M	$5,569 M	$2,435 M	$13,572 M
2017	$8,449 M	$4,304 M	$4,145 M	$12,753 M
2018	$8,524 M	$2,826 M	$5,698 M	$11,351 M
2019	$12,170 M	$3,359 M	$8,812 M	$15,529 M
2020	$10,063 M	$3,343 M	$6,719 M	$13,406 M
2021	$9,473 M	$3,916 M	$5,557 M	$13,390 M
2022	$14,270 M	$4,858 M	$9,412 M	$19,128 M
2023	$15,302 M	$4,719 M	$10,582 M	$20,021 M
2024	$13,516 M	$3,916 M	$9,600 M	$17,431 M

30 rows

World share & rank

World export share moved from 0.0% in 1995 to 0.1% in 2024; export rank #130 → #91.

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World export and import share in percent, and world ranks, of Turkmenistan per year.
Year	Export share (%)	Import share (%)	Export rank	Import rank
1995	0.01%	0.01%	#130	#162
1996	0.04%	0.02%	#91	#131
1997	0.02%	0.02%	#107	#126
1998	0.01%	0.01%	#144	#144
1999	0.02%	0.03%	#104	#117
2000	0.05%	0.03%	#88	#121
2001	0.04%	0.02%	#101	#138
2002	0.04%	0.01%	#97	#144
2003	0.03%	0.02%	#103	#144
2004	0.04%	0.02%	#97	#132
2005	0.05%	0.02%	#93	#133
2006	0.04%	0.01%	#94	#151
2007	0.05%	0.02%	#94	#145
2008	0.05%	0.03%	#95	#134
2009	0.02%	0.04%	#127	#119
2010	0.02%	0.03%	#126	#133
2011	0.04%	0.03%	#102	#130
2012	0.06%	0.05%	#91	#116
2013	0.06%	0.05%	#91	#112
2014	0.07%	0.05%	#91	#116
2015	0.06%	0.04%	#90	#125
2016	0.05%	0.04%	#96	#128
2017	0.05%	0.02%	#98	#142
2018	0.04%	0.01%	#100	#155
2019	0.07%	0.02%	#88	#151
2020	0.06%	0.02%	#89	#151
2021	0.04%	0.02%	#102	#151
2022	0.06%	0.02%	#91	#148
2023	0.07%	0.02%	#86	#147
2024	0.06%	0.02%	#91	#147

30 rows

Trading partners

China was Turkmenistan's top trading partner in 2024, at 61.1% of total trade; the top five partners covered 85.3%.

Year

Top partner share: 61.1%
Top-5 share: 85.3%
Partners: 99
Partner HHI (0–1): 0.395

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China $9.6B

Türkiye $1.1B

Uzbekistan $1.0B

Greece $317M

Azerbaijan $303M

India $263M

Kazakhstan $221M

Bulgaria $129M

Singapore $113M

Ukraine $79M

Italy $28M

Canada $13M

United States $12M

Germany $2M

Netherlands $0M

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Top partners of Turkmenistan in 2024, USD millions.
Rank	Partner	Exports to ($M)	Imports from ($M)	Total ($M)	Balance ($M)
#1	China	$9,618 M	$1,029 M	$10,647 M	$8,589 M
#2	Türkiye	$1,071 M	$1,096 M	$2,166 M	−$25 M
#3	Uzbekistan	$1,017 M	$95 M	$1,112 M	$922 M
#4	Kazakhstan	$221 M	$335 M	$556 M	−$114 M
#5	Azerbaijan	$303 M	$80 M	$384 M	$223 M
#6	Greece	$317 M	$7 M	$323 M	$310 M
#7	India	$263 M	$46 M	$308 M	$217 M
#8	Germany	$2 M	$258 M	$260 M	−$255 M
#9	Ukraine	$79 M	$59 M	$139 M	$20 M
#10	Bulgaria	$129 M	$5 M	$134 M	$124 M
#11	Italy	$28 M	$106 M	$134 M	−$78 M
#12	Singapore	$113 M	$14 M	$127 M	$99 M
#13	Netherlands	$0 M	$109 M	$110 M	−$109 M
#14	Canada	$13 M	$82 M	$95 M	−$69 M
#15	United States	$12 M	$79 M	$92 M	−$67 M

15 rows

Products & sectors

Product composition of Turkmenistan's trade in 2024.

Year

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Concentration & risk

Turkmenistan's export partners concentrated over 1995–2024 — HHI 0.130 → 0.520, a concentrated export base across 94 partners in 2024.

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Export and import partner HHI (0–1) and partner counts of Turkmenistan per year.
Year	Export HHI	Import HHI	Export partners	Import partners
1995	0.130	0.097	49	46
1996	0.614	0.160	54	54
1997	0.519	0.143	55	49
1998	0.109	0.107	59	57
1999	0.158	0.074	79	75
2000	0.217	0.071	84	80
2001	0.520	0.110	75	64
2002	0.517	0.086	75	71
2003	0.440	0.085	72	67
2004	0.324	0.077	81	65
2005	0.325	0.074	81	72
2006	0.424	0.083	83	72
2007	0.535	0.089	86	77
2008	0.492	0.121	88	82
2009	0.162	0.116	83	78
2010	0.193	0.117	91	76
2011	0.419	0.110	96	80
2012	0.654	0.116	99	82
2013	0.588	0.119	93	80
2014	0.643	0.116	95	77
2015	0.611	0.137	94	80
2016	0.494	0.102	107	88
2017	0.612	0.106	97	78
2018	0.576	0.092	109	80
2019	0.631	0.113	102	78
2020	0.717	0.123	91	72
2021	0.534	0.114	102	71
2022	0.532	0.157	101	71
2023	0.419	0.146	99	70
2024	0.520	0.164	94	73

30 rows

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