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2023
Flag → Flag
Exports $32.6MRnk 15 / 99
2023
Flag → Flag
Top Product $32.5MNitrogenous Fertilizers
2023
Flag → Flag
Exports $6.3MRnk 163 / 215
2023
Flag → Flag
Top Product $2.65MCentrifuges
2023
Flag
Economic Complexity (ECI) ECI -0.69Rnk 96 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.9Rnk 30 / 132
2023
Flag  
GDP$60.6BCURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP GROWTH54.7%CURRENT US$
Rnk 66 / 195
2023
Flag
 GDP$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH16%CURRENT US$
Rnk 150 / 195
2023
Flag
GDP PC $8,233CURRENT US$
Rnk 95 / 195
2013-2023
Flag
GDP PC GROWTH24.7%CURRENT US$
Rnk 87 / 195
2023
Flag
GDP PC$53,431CURRENT US$
Rnk 22 / 196
2013-2023
Flag
GDP PC GROWTH1.51%CURRENT US$
Rnk 152 / 195

About

Turkmenistan-Canada Trade: In 2023, Turkmenistan exported $32.6M to Canada. The main products that Turkmenistan exported to Canada were Nitrogenous Fertilizers ($32.5M), Non-Retail Synthetic Filament Yarn ($62.3k), and Interior Decorative Glassware ($20.6k). Over the past 5 years the exports of Turkmenistan to Canada have increased at an annualized rate of 217%, from $102k in 2018 to $32.6M in 2023.

In 2023, Turkmenistan did not export any services to Canada.

Canada-Turkmenistan Trade: In 2023, Canada exported $6.3M to Turkmenistan. The main products that Canada exported to Turkmenistan were Centrifuges ($2.65M), Blank Audio Media ($1.11M), and Computers ($538k). Over the past 5 years the exports of Canada to Turkmenistan have decreased at an annualized rate of 6.1%,  from $14.3M in 2018 to $6.3M in 2023.

In 2023, Canada did not export any services to Turkmenistan.

Comparison: In 2023,  Turkmenistan ranked 96 in the Economic Complexity Index (ECI -0.69), and 87 in total exports ($15.3B). That same year, Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turkmenistan exported $32.6M to Canada. The main products exported from Turkmenistan to Canada were Nitrogenous Fertilizers ($32.5M), Non-Retail Synthetic Filament Yarn ($62.3k), and Interior Decorative Glassware ($20.6k). During the last 5 years the exports of Turkmenistan to Canada have increased at an annualized rate of 217%, from $102k in 2018 to $32.6M in 2023.

In 2018, Canada exported $6.3M to Turkmenistan. The main products exported from Canada to Turkmenistan were Centrifuges ($2.65M), Blank Audio Media ($1.11M), and Computers ($538k). During the last 5 years the exports of Canada to Turkmenistan have decreased at an annualized rate of 6.1%, from $14.3M in 2023 to $6.3M in 2018.

Exports from Turkmenistan (Flag) to Canada (Flag) (2023)

Exports from Canada (Flag) to Turkmenistan (Flag) (2023)

Latest Data

Trade between Turkmenistan (Flag) and Canada (Flag)

Canada Exports

Market Competitiveness

Color
Turkmenistan
Top DestinationChina$9.63B
Canada
Top DestinationUnited States$410B

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

In 2023, countries that imported more from Turkmenistan than Canada included Uzbekistan ($950M), Greece ($1.03B), and Azerbaijan ($687M).

In 2023, countries that imported more from Canada than Turkmenistan included United States ($410B), China ($31.1B), and United Kingdom ($18B).

Difference in imports from Canada (Flag) and Turkmenistan (Flag) (2023)

Comparative Advantage Turkmenistan - Canada

Flow
Scale

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

During 2023, Turkmenistan had a large net trade with Canada in the exports of Chemical Products ($32.5M), Textiles ($63.8k), and Stone And Glass ($28.4k).

During 2018, Canada had a large net trade with Turkmenistan in the exports of Machines ($5.23M), Chemical Products ($296k), and Mineral Products ($216k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Turkmenistan and Canada. This means that a dot/product with the flag of Turkmenistan indicates it has a comparative advantage over Canada. Similarly, a dot/product with the flag of Canada indicates it has a comparative advantage over Turkmenistan.

Product Space of Turkmenistan (Flag) and Canada (Flag) (2023)

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