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

About

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 24.7%, from $317M in 2018 to $957M in 2023.

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

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.

Comparison: In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T). That same year, Turkmenistan ranked 96 in the Economic Complexity Index (ECI -0.69), and 87 in total exports ($15.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 24.7%, from $317M in 2018 to $957M in 2023.

In 2018, 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 2023 to $9.63B in 2018.

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

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

Market Competitiveness

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

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

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

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

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

Comparative Advantage China - Turkmenistan

Flow
Scale

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

During 2023, China had a large net trade with Turkmenistan in the exports of Machines ($359M), Metals ($157M), and Transportation ($101M).

During 2018, 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).

Economic Complexity

Competitive Landscape

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

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

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