2023
Flag  
GDP
$60.6BCURRENT US$
Rnk 88 / 195
2013-2023
Flag
GDP GROWTH
54.7%CURRENT US$
Rnk 66 / 195
2023
Flag
 GDP
$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC 
$8,233CURRENT US$
Rnk 95 / 195
2013-2023
Flag
GDP PC GROWTH
24.7%CURRENT US$
Rnk 87 / 195
2023
Flag
GDP PC
$12,614CURRENT US$
Rnk 80 / 196
2013-2023
Flag
GDP PC GROWTH
79.7%CURRENT US$
Rnk 17 / 195

About

Turkmenistan-China Trade: In 2023, Turkmenistan exported $9.63B to China. The main products that Turkmenistan exported to China were Petroleum Gas ($9.61B), Halogens ($10.2M), and Vegetable Saps ($8.26M). Over the past 5 years the exports of Turkmenistan to China have increased at an annualized rate of 8.4%, from $6.44B in 2018 to $9.63B in 2023.

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

China-Turkmenistan Trade: In 2023, China exported $957M to Turkmenistan. The main products that China exported to Turkmenistan were Iron Pipes ($51.5M), Rubber Tires ($47.6M), and Excavation Machinery ($44M). Over the past 5 years the exports of China to Turkmenistan have increased at an annualized rate of 20.2%,  from $317M in 2018 to $957M in 2023.

In 2023, China 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, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Turkmenistan exported $9.63B to China. The main products exported from Turkmenistan to China were Petroleum Gas ($9.61B), Halogens ($10.2M), and Vegetable Saps ($8.26M). During the last 5 years the exports of Turkmenistan to China have increased at an annualized rate of 8.4%, from $6.44B in 2018 to $9.63B in 2023.

In 2018, China exported $957M to Turkmenistan. The main products exported from China to Turkmenistan were Iron Pipes ($51.5M), Rubber Tires ($47.6M), and Excavation Machinery ($44M). During the last 5 years the exports of China to Turkmenistan have increased at an annualized rate of 20.2%, from $317M in 2023 to $957M in 2018.

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

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

Latest Data

Trade between Turkmenistan (Flag) and China (Flag)

China Exports

Market Competitiveness

Color
Turkmenistan
Top Destination
China$9.63B
China
Top Destination
United States$436B

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

In 2023, no countries were registered that imported more from Turkmenistan than from China.

In 2023, countries that imported more from China than Turkmenistan included United States ($436B), Hong Kong ($259B), and Japan ($169B).

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

Comparative Advantage Turkmenistan - China

Flow
Scale

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

During 2023, Turkmenistan had a large net trade with China in the exports of Mineral Products ($9.61B), Vegetable Products ($11.2M), and Chemical Products ($11.1M).

During 2018, China had a large net trade with Turkmenistan in the exports of Machines ($359M), Metals ($157M), and Transportation ($101M).

Economic Complexity

Competitive Landscape

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

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

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