2022
Exports
$497kWorld Rnk 189 / 223
Flag Rnk 43 / 77
2022
PRODUCT COMPLEXITY IN Iron & steel
1.68Rnk 28 / 1025
2022
Imports
$63.2MWorld Rnk 154 / 225
Flag Rnk 12 / 96
2022
ECONOMIC COMPLEXITY of Turkmenistan
-0.56Rnk 90 / 133

About

Exports In 2022, Turkmenistan exported $497k in Iron & steel, making it the 189th largest exporter of Iron & steel in the world. At the same year, Iron & steel was the 43rd most exported product in Turkmenistan. The main destination of Iron & steel exports from Turkmenistan are: Turkey ($409k), Azerbaijan ($83.1k), and Uzbekistan ($4.25k).

The fastest growing export markets for Iron & steel of Turkmenistan between 2021 and 2022 were Turkey ($352k) and Azerbaijan ($64.7k).

Imports In 2022, Turkmenistan imported $63.2M in Iron & steel, becoming the 154th largest importer of Iron & steel in the world. At the same year, Iron & steel was the 12th most imported product in Turkmenistan. Turkmenistan imports Iron & steel primarily from: China ($23.4M), Turkey ($21.8M), Kazakhstan ($11.1M), Uzbekistan ($2.73M), and India ($2.09M).

The fastest growing import markets in Iron & steel for Turkmenistan between 2021 and 2022 were Kazakhstan ($5.8M), Uzbekistan ($2.73M), and Turkey ($2.13M).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Iron & steel. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$497k
IMPORTS (2022)$63.2M
NET TRADE (2022)-$62.7M

In 2022, Turkmenistan exported $497k in Iron & steel. The main destinations of Turkmenistan exports on Iron & steel were Turkey ($409k), Azerbaijan ($83.1k), and Uzbekistan ($4.25k).

In 2022, Turkmenistan imported $63.2M in Iron & steel, mainly from China ($23.4M), Turkey ($21.8M), Kazakhstan ($11.1M), Uzbekistan ($2.73M), and India ($2.09M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron & steel EXPORT MARKETS FOR Turkmenistan WERE (2021 - 2022):
Turkey$352k (613%)
Azerbaijan$64.7k (351%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron & steel BY Turkmenistan WERE (2021 - 2022):
United Arab Emirates-$30.1k (-100%)
Uzbekistan-$1.94k (-31.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkmenistan's main exporting competitors in Iron & steel were:
China $69.8B
Germany $36.9B
Japan $35.7B
In 2022, Turkmenistan's main importing competitors in Iron & steel were:

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Trade Value of Iron & steel by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Iron & steel’s highest export potential is N/A. With an export gap of N/A.   Iron & steel’s highest import potential is N/A with an import gap of N/A.

See methodology.

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