2022
Flag
 GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186

About

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $496k in 2022.

In 2017, 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 2022 to $1.48M in 2017.

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

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

Latest Data

Trade between Turkmenistan (Flag) and Canada (Flag)

Canada Exports

Market Competitiveness

Color
Turkmenistan
Top Destination
China$8.88B
Canada
Top Destination
United States$438B

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

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

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

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

Comparative Advantage Turkmenistan - Canada

Flow
Scale

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

During 2022, Turkmenistan had a large net trade with Canada in the exports of Chemical Products ($222k), Textiles ($144k), and Foodstuffs ($59.1k).

During 2017, Canada had a large net trade with Turkmenistan in the exports of Machines ($855k), Mineral Products ($243k), and Instruments ($108k).

Economic Complexity

Competitive Landscape

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

Product Space of Turkmenistan (Flag) and Canada (Flag) (2022)

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