2022
Exports
$1.28BWorld Rnk 58 / 214
Flag Rnk 2 / 423
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 795 / 1025
2022
Imports
$34.6MWorld Rnk 197 / 225
Flag Rnk 28 / 1013
2022
ECONOMIC COMPLEXITY of Turkmenistan
-0.56Rnk 90 / 133

About

Exports In 2022, Turkmenistan exported $1.28B in Refined Petroleum, making it the 58th 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 ($329M), Morocco ($179M), Georgia ($159M), Singapore ($140M), and Azerbaijan ($137M).

The fastest growing export markets for Refined Petroleum of Turkmenistan between 2021 and 2022 were Turkey ($198M), Morocco ($179M), and Azerbaijan ($124M).

Imports In 2022, Turkmenistan imported $34.6M in Refined Petroleum, becoming the 197th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 28th most imported product in Turkmenistan. Turkmenistan imports Refined Petroleum primarily from: Turkey ($10.4M), Germany ($9.86M), United Arab Emirates ($7.89M), Netherlands ($1.42M), and Kazakhstan ($602k).

The fastest growing import markets in Refined Petroleum for Turkmenistan between 2021 and 2022 were Turkey ($2.5M), United Arab Emirates ($2.05M), and Germany ($1.6M).

Latest Trends

Sep 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 Refined 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)$1.28B
IMPORTS (2022)$34.6M
NET TRADE (2022)$1.24B

In 2022, Turkmenistan exported $1.28B in Refined Petroleum. The main destinations of Turkmenistan exports on Refined Petroleum were Turkey ($329M), Morocco ($179M), Georgia ($159M), Singapore ($140M), and Azerbaijan ($137M).

In 2022, Turkmenistan imported $34.6M in Refined Petroleum, mainly from Turkey ($10.4M), Germany ($9.86M), United Arab Emirates ($7.89M), Netherlands ($1.42M), and Kazakhstan ($602k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Turkmenistan WERE (2021 - 2022):
Turkey$198M (152%)
Morocco$179M (1%)
Azerbaijan$124M (949%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Turkmenistan WERE (2021 - 2022):
Cyprus-$80.1M (-93.7%)
Uzbekistan-$71.3M (-40.7%)
Italy-$33.8M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Turkmenistan's main exporting competitors in Refined Petroleum were:
In 2022, Turkmenistan's main importing competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

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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.

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