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2022
Exports $394MWorld Rnk 56 / 149
Flag Rnk 4 / 423
2022
Destination $172M Azerbaijan
2021 - 2022
FASTEST GROWING MARKET $172MAzerbaijan
2022
PRODUCT COMPLEXITY IN Crude Petroleum-2.25Rnk 1011 / 1025
2022
Imports $854World Rnk 142 / 158
Flag Rnk 981 / 1013
2022
Origin $854 United Arab Emirates
2021 - 2022
FASTEST GROWING ORIGIN $854United Arab Emirates
2022
ECONOMIC COMPLEXITY of Turkmenistan-0.56Rnk 90 / 133

About

Exports In 2022, Turkmenistan exported $394M in Crude Petroleum, making it the 56th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 4th most exported product in Turkmenistan. The main destination of Crude Petroleum exports from Turkmenistan are: Azerbaijan ($219M), Uzbekistan ($115M), Germany ($25.1M), Hungary ($19.6M), and Croatia ($8.13M).

The fastest growing export markets for Crude Petroleum of Turkmenistan between 2021 and 2022 were Azerbaijan ($172M), Germany ($25.1M), and Hungary ($19.6M).

Imports In 2022, Turkmenistan imported $854 in Crude Petroleum, becoming the 142nd largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 981st most imported product in Turkmenistan. Turkmenistan imports Crude Petroleum primarily from: United Arab Emirates ($854).

The fastest growing import markets in Crude Petroleum for Turkmenistan between 2021 and 2022 were United Arab Emirates ($854).

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Crude Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$394M
IMPORTS (2022)$854
NET TRADE (2022)$394M

In 2022, Turkmenistan exported $394M in Crude Petroleum. The main destinations of Turkmenistan exports on Crude Petroleum were Azerbaijan ($219M), Uzbekistan ($115M), Germany ($25.1M), Hungary ($19.6M), and Croatia ($8.13M).

In 2022, Turkmenistan imported $854 in Crude Petroleum, mainly from United Arab Emirates ($854).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Turkmenistan WERE (2021 - 2022):
Azerbaijan$172M (360%)
Germany$25.1M (1%)
Hungary$19.6M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Turkmenistan WERE (2021 - 2022):
Uzbekistan-$22.8M (-16.5%)
Italy-$18.8M (-100%)
Denmark-$319 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkmenistan's main exporting competitors in Crude Petroleum were:
Saudi Arabia $236B
Russia $133B
Canada $123B
In 2022, Turkmenistan's main importing competitors in Crude Petroleum were:
China $287B
United States $199B
India $170B

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Crude Petroleum’s highest export potential is N/A. With an export gap of N/A.   Crude Petroleum’s highest import potential is N/A with an import gap of N/A.

See methodology.

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