Country intelligence · TKM · 2024

Turkmenistan trade profile

In 2024, Turkmenistan recorded $12.4B in merchandise exports and $5.7B in imports, producing a $6.7B trade surplus. Exports changed -11.7% from the previous year, while imports changed +13.0%.[1]

Exports

$12.4B

-11.7%

Imports

$5.7B

+13.0%

Trade balance

$6.7B

surplus

Active partners

270

1 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$12.4B$5.7B$6.7B-11.7%
2023$14.0B$5.0B$9.0B+8.8%
2022$12.9B$5.2B$7.7B+50.8%
2021$8.6B$4.5B$4.1B-7.6%
2020$9.3B$3.4B$5.9B-16.1%
2019$11.0B$3.4B$7.7B+42.8%
2018$7.7B$2.8B$4.9B+0.9%
2017$7.7B$4.5B$3.2B+3.4%
2016$7.4B$5.8B$1.6B-20.0%
2015$9.3B$6.8B$2.5B-15.5%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 27 · Mineral fuels and oils

27 active HS6 lines · 28 export partners

$11.4B
2

HS 31 · HS chapter

20 active HS6 lines · 33 export partners

$534.1M
3

HS 52 · HS chapter

58 active HS6 lines · 28 export partners

$127.9M
4

HS 28 · HS chapter

155 active HS6 lines · 26 export partners

$79.8M
5

HS 07 · HS chapter

29 active HS6 lines · 12 export partners

$52.9M
6

HS 39 · HS chapter

124 active HS6 lines · 35 export partners

$40.6M
7

HS 25 · HS chapter

43 active HS6 lines · 15 export partners

$19.1M
8

HS 63 · HS chapter

52 active HS6 lines · 25 export partners

$12.8M

Leading export markets

Destinations rank bilateral export flows from Turkmenistan; growth describes each corridor rather than the whole economy.

1

China

Annual change -0.1% · 3-year CAGR 12.1%

$8.6B
2

Türkiye

Annual change -35.9% · 3-year CAGR 14.3%

$978.8M
3

Uzbekistan

Annual change +7.1% · 3-year CAGR 13.5%

$950.9M
4

Greece

Annual change -69.6% · 3-year CAGR 89.7%

$292.9M
5

Azerbaijan

Annual change -55.9% · 3-year CAGR 62.0%

$291.7M
6

India

Annual change +24.4% · 3-year CAGR 306.9%

$234.8M
7

Kazakhstan

Annual change +33.0% · 3-year CAGR 75.0%

$205.5M
8

Bulgaria

Annual change +3558.0% · 3-year CAGR 55.6%

$119.9M

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.