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Pricing

2022
Flag → Flag
Exports $1.48MRnk 188 / 215
2022
Flag → Flag
Top Product $304kLiquid Pumps
2022
Flag → Flag
Exports $496kRnk 45 / 95
2022
Flag → Flag
Top Product $109kSynthetic Coloring Matter
2022
Flag
Economic Complexity (ECI) ECI 0.92Rnk 31 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.56Rnk 90 / 133
2022
Flag  
GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH17%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC $54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186

About

Canada-Turkmenistan Trade: In 2022, Canada exported $1.48M to Turkmenistan. The main products that Canada exported to Turkmenistan were Liquid Pumps ($304k), Refined Petroleum ($243k), and Broadcasting Equipment ($126k). Over the past 5 years the exports of Canada to Turkmenistan have decreased at an annualized rate of 42.2%, from $22.9M in 2017 to $1.48M in 2022.

In 2022, Canada did not export any services to Turkmenistan.

Turkmenistan-Canada Trade: In 2022, Turkmenistan exported $496k to Canada. The main products that Turkmenistan exported to Canada were Synthetic Coloring Matter ($109k), House Linens ($102k), and Carbon ($97.2k). Over the past 5 years the exports of Turkmenistan to Canada have increased at an annualized rate of 26.3%,  from $154k in 2017 to $496k in 2022.

In 2022, Turkmenistan did not export any services to Canada.

Comparison: In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). That same year, Turkmenistan ranked 90 in the Economic Complexity Index (ECI -0.56), and 95 in total exports ($12.5B).

Latest Trends

August, 2024

About

Overview In August 2024, Canada exported C$601k and imported C$11.4k from Turkmenistan, resulting in a positive trade balance of C$590k. Between August 2023 and August 2024 the exports of Canada have decreased by C$-758k (-55.8%) from C$1.36M to C$601k, while imports decreased by C$-9.88M (-99.9%) from C$9.9M to C$11.4k.

Trade In August 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 August 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 August 2024 the exports of Canada were mainly from Alberta (C$332k), Ontario (C$256k), and British Columbia (C$13.5k), while imports destinations were mainly Ontario (C$9.33k), Quebec (C$1.81k), British Columbia (C$226), and Manitoba (C$45).

Growth In August 2024, the decrease in Canada's year-by-year exports to Turkmenistan was explained primarily by an decrease in product exports in . In August 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 (August 2023 - August 2024)C$-758k(-55.8%)
IMPORT GROWTH (August 2023 - August 2024)C$-9.88M(-99.9%)
MAIN EXPORTER (August 2024)AlbertaC$332k

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.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $1.48M to Turkmenistan. The main products exported from Canada to Turkmenistan were Liquid Pumps ($304k), Refined Petroleum ($243k), and Broadcasting Equipment ($126k). During the last 5 years the exports of Canada to Turkmenistan have decreased at an annualized rate of 42.2%, from $22.9M in 2017 to $1.48M in 2022.

In 2017, Turkmenistan exported $496k to Canada. The main products exported from Turkmenistan to Canada were Synthetic Coloring Matter ($109k), House Linens ($102k), and Carbon ($97.2k). During the last 5 years the exports of Turkmenistan to Canada have increased at an annualized rate of 26.3%, from $154k in 2022 to $496k in 2017.

Exports from Canada (Flag) to Turkmenistan (Flag) (2022)

Exports from Turkmenistan (Flag) to Canada (Flag) (2022)

Market Competitiveness

Color
Canada
Top DestinationUnited States$438B
Turkmenistan
Top DestinationChina$8.88B

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 2022, countries that imported more from Canada than Turkmenistan included United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2022, countries that imported more from Turkmenistan than Canada included Uzbekistan ($664M), Azerbaijan ($460M), and Georgia ($168M).

Difference in imports from Turkmenistan (Flag) and Canada (Flag) (2022)

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 2022, Canada had a large net trade with Turkmenistan in the exports of Machines ($855k), Mineral Products ($243k), and Instruments ($108k).

During 2017, Turkmenistan had a large net trade with Canada in the exports of Chemical Products ($222k), Textiles ($144k), and Foodstuffs ($59.1k).

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) (2022)

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