NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

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

About

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 15.1%, from $14.3M in 2018 to $6.3M in 2023.

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

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.

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

Latest Trends

November, 2024

About

Overview In November 2024, Canada exported C$275k and imported C$14.6k from Turkmenistan, resulting in a positive trade balance of C$261k. Between November 2023 and November 2024 the exports of Canada have increased by C$274k (38k%) from C$722 to C$275k, while imports decreased by C$-15.6M (-99.9%) from C$15.7M to C$14.6k.

Trade In November 2024, the top exports of Canada to Turkmenistan were Refined Petroleum (C$91.9k), Machinery Having Individual Functions (C$20.4k), and Wood Crates (C$2.01k). In November 2024 the top imports of Canada from Turkmenistan were Synthetic Coloring Matter (C$1.54k), Carbon (C$943), Brochures (C$140), Metalworking Machine Parts (C$132), and Tufted Carpets (C$80).

Origins In November 2024 the exports of Canada were mainly from Alberta (C$202k) and Ontario (C$72.7k), while imports destinations were mainly New Brunswick (C$10.9k), British Columbia (C$2.75k), Ontario (C$458), Alberta (C$440), and Quebec (C$10).

Growth In November 2024, the increase in Canada's year-by-year exports to Turkmenistan was explained primarily by an increase in product exports in Machinery Having Individual Functions (C$3.12k or 18.1%). In November 2024, the decrease in Canada's year-by-year imports  from Turkmenistan was explained primarily by an decrease in product imports  in Carbon (C$-2.67k or -73.9%), Brochures (C$-236 or -62.8%), and Heavy Pure Woven Cotton (C$-90 or -86.5%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)C$274k(38k%)
IMPORT GROWTH (November 2023 - November 2024)C$-15.6M(-99.9%)
MAIN EXPORTER (November 2024)AlbertaC$202k

This section shows exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Canada over time.

To check Turkmenistan and Canada trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Turkmenistan and Canada Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 15.1%, from $14.3M in 2018 to $6.3M in 2023.

In 2018, 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 2023 to $32.6M in 2018.

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

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

Market Competitiveness

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

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

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

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

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

Comparative Advantage Canada - Turkmenistan

Flow
Scale

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

During 2023, Canada had a large net trade with Turkmenistan in the exports of Machines ($5.23M), Chemical Products ($296k), and Mineral Products ($216k).

During 2018, 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).

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms