Overview In 2020 Turkmenistan was the number 0 economy in the world in terms of GDP (current US$), the number 101 in total exports, the number 150 in total imports,
the number 0 economy in terms of GDP per capita (current US$) and the number 88 most complex economy according to the Economic Complexity Index (ECI).
Exports The top exports of Turkmenistan are Petroleum gases and other gaseous hydrocarbons ($5.31B), Petroleum oils and oils obtained from bituminous minerals; crude ($354M), Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing... ($220M), Light-vessels, fire-floats, dredgers, floating cranes, other vessels; the navigability of which is... ($195M), and Fertilizers; mineral or chemical, nitrogenous ($170M), exporting mostly to China ($5.32B), Uzbekistan ($369M), Russia ($315M), Turkey ($305M), and Italy ($105M).
Imports The top imports of Turkmenistan are Turbo-jets, turbo-propellers and other gas turbines ($103M), Iron or non-alloy steel; bars and rods, not further worked than forged,... ($103M), Medicaments; (not goods of heading no. 3002, 3005 or 3006) consisting of... ($101M), Iron or steel (excluding cast iron); tubes and pipes (e.g. welded, riveted... ($101M), and Harvesting and threshing machinery, straw and fodder balers, grass or hay mowers;... ($80.1M), importing mostly from Turkey ($786M), Russia ($649M), China ($445M), Germany ($193M), and United Arab Emirates ($182M).
Location Turkmenistan borders Afghanistan, Iran, Kazakhstan, and Uzbekistan by land and Azerbaijan by sea.