2023
Exports
$2.73BWorld Rnk 43 / 214
Flag Rnk 2 / 437
2023
PRODUCT COMPLEXITY IN Refined Petroleum
-0.94Rnk 813 / 1025
2023
Imports
$49.7MWorld Rnk 192 / 226
Flag Rnk 19 / 1014
2023
ECONOMIC COMPLEXITY of Turkmenistan
-0.69Rnk 96 / 132

About

Exports In 2023, Turkmenistan exported $2.73B in Refined Petroleum, making it the 43rd largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most exported product in Turkmenistan. The main destination of Refined Petroleum exports from Turkmenistan are: Turkey ($1.41B), Greece ($705M), Azerbaijan ($145M), Georgia ($84.5M), and Singapore ($79.6M).

The fastest growing export markets for Refined Petroleum of Turkmenistan between 2022 and 2023 were Turkey ($1.05B), Greece ($683M), and Spain ($55.9M).

Imports In 2023, Turkmenistan imported $49.7M in Refined Petroleum, becoming the 192nd largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 19th most imported product in Turkmenistan. Turkmenistan imports Refined Petroleum primarily from: Turkey ($16.9M), Germany ($12.4M), United Arab Emirates ($9.69M), China ($2.82M), and Netherlands ($1.64M).

The fastest growing import markets in Refined Petroleum for Turkmenistan between 2022 and 2023 were Turkey ($6.52M), China ($2.53M), and Germany ($2.5M).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Refined Petroleum. Countries are shown based on data availability.

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

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$2.73B
IMPORTS (2023)$49.7M
NET TRADE (2023)$2.68B

In 2023, Turkmenistan exported $2.73B in Refined Petroleum. The main destinations of Turkmenistan exports on Refined Petroleum were Turkey ($1.41B), Greece ($705M), Azerbaijan ($145M), Georgia ($84.5M), and Singapore ($79.6M).

In 2023, Turkmenistan imported $49.7M in Refined Petroleum, mainly from Turkey ($16.9M), Germany ($12.4M), United Arab Emirates ($9.69M), China ($2.82M), and Netherlands ($1.64M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Turkmenistan WERE (2022 - 2023):
Turkey$1.05B (289%)
Greece$683M (3.06k%)
Spain$55.9M (173k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Turkmenistan WERE (2022 - 2023):
Morocco-$201M (-100%)
Uzbekistan-$80.8M (-71.7%)
Singapore-$77.7M (-49.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Turkmenistan's main exporting competitors in Refined Petroleum were:
In 2023, Turkmenistan's main importing competitors in Refined Petroleum were:

Explore Visualizations

Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
N/A
N/AN/A
N/AN/A

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

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with