2022
Exports
$2.39MWorld Rnk 142 / 226
Flag Rnk 26 / 77
2022
PRODUCT COMPLEXITY IN Iron or steel articles
1.68Rnk 27 / 1025
2022
Imports
$225MWorld Rnk 112 / 225
Flag Rnk 4 / 96
2022
ECONOMIC COMPLEXITY of Turkmenistan
-0.56Rnk 90 / 133

About

Exports In 2022, Turkmenistan exported $2.39M in Iron or steel articles, making it the 142nd largest exporter of Iron or steel articles in the world. At the same year, Iron or steel articles was the 26th most exported product in Turkmenistan. The main destination of Iron or steel articles exports from Turkmenistan are: Kazakhstan ($1.18M), Lithuania ($538k), Spain ($388k), Uzbekistan ($162k), and Turkey ($73.8k).

The fastest growing export markets for Iron or steel articles of Turkmenistan between 2021 and 2022 were Kazakhstan ($857k), Lithuania ($403k), and Spain ($388k).

Imports In 2022, Turkmenistan imported $225M in Iron or steel articles, becoming the 112th largest importer of Iron or steel articles in the world. At the same year, Iron or steel articles was the 4th most imported product in Turkmenistan. Turkmenistan imports Iron or steel articles primarily from: Turkey ($107M), China ($70.4M), Czechia ($7.19M), Japan ($5.98M), and United Arab Emirates ($5.97M).

The fastest growing import markets in Iron or steel articles for Turkmenistan between 2021 and 2022 were China ($19.1M), Turkey ($16.8M), and Japan ($4.8M).

Latest Trends

Nov 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 Iron or steel articles. 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)$2.39M
IMPORTS (2022)$225M
NET TRADE (2022)-$222M

In 2022, Turkmenistan exported $2.39M in Iron or steel articles. The main destinations of Turkmenistan exports on Iron or steel articles were Kazakhstan ($1.18M), Lithuania ($538k), Spain ($388k), Uzbekistan ($162k), and Turkey ($73.8k).

In 2022, Turkmenistan imported $225M in Iron or steel articles, mainly from Turkey ($107M), China ($70.4M), Czechia ($7.19M), Japan ($5.98M), and United Arab Emirates ($5.97M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron or steel articles EXPORT MARKETS FOR Turkmenistan WERE (2021 - 2022):
Kazakhstan$857k (263%)
Lithuania$403k (299%)
Spain$388k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron or steel articles BY Turkmenistan WERE (2021 - 2022):
Israel-$132k (-100%)
United States-$118k (-100%)
Georgia-$32.6k (-98.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkmenistan's main exporting competitors in Iron or steel articles were:
China $109B
Germany $33.5B
Italy $22.2B
In 2022, Turkmenistan's main importing competitors in Iron or steel articles were:

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Trade Value of Iron or steel articles by Exporters

Potential Exports

Potential Exports

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N/A
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N/AN/A

Iron or steel articles’s highest export potential is N/A. With an export gap of N/A.   Iron or steel articles’s highest import potential is N/A with an import gap of N/A.

See methodology.

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