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Trade between Turkey and Turkmenistan

In 2024, Turkey exported $1.1 billion to Turkmenistan and imported $1.1 billion. Turkey ran a surplus of $25 million with Turkmenistan, compared with a surplus of $399 million in 2019. Turkmenistan was Turkey’s 51st largest trading partner (0.4% of its trade), and Turkey was Turkmenistan’s 2nd (12%).

Summary

Turkey → Turkmenistan
$1.1billion
Turkmenistan → Turkey
$1.1billion
Turkey’s balance
$25million

Balance

Turkey’s trade balance with Turkmenistan

Trade between Turkey and Turkmenistan grew 12.9-fold since 1995

USD billions (current). Turkey’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 1.1
  • Imports 1.1
  • Balance +0

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$56 million$112 million-$56 million
1996$65 million$100 million-$35 million
1997$117 million$74 million$44 million
1998$95 million$42 million$53 million
1999$223 million$132 million$91 million
2000$210 million$137 million$73 million
2001$105 million$72 million$34 million
2002$110 million$106 million$4 million
2003$170 million$124 million$47 million
2004$214 million$176 million$38 million
2005$179 million$161 million$18 million
2006$280 million$190 million$90 million
2007$340 million$397 million-$57 million
2008$662 million$389 million$273 million
2009$944 million$328 million$617 million
2010$1.1 billion$386 million$752 million
2011$1.5 billion$393 million$1.1 billion
2012$1.5 billion$304 million$1.2 billion
2013$2 billion$789 million$1.2 billion
2014$2.3 billion$764 million$1.6 billion
2015$2 billion$634 million$1.3 billion
2016$1.4 billion$512 million$842 million
2017$1.1 billion$487 million$605 million
2018$503 million$380 million$124 million
2019$744 million$345 million$399 million
2020$786 million$319 million$467 million
2021$978 million$711 million$267 million
2022$1.1 billion$967 million$114 million
2023$1 billion$1.7 billion-$649 million
2024$1.1 billion$1.1 billion$25 million

What they sell each other

What Turkey sells to Turkmenistan

The top 10 headings in 2024, with their share of the total.

  1. Steel structures$73 million · 6.7%
    40 thousand tonnes
  2. Cables and wire$50 million · 4.5%
    8 thousand tonnes · Turkey’s destinations
  3. Control panels$28 million · 2.6%
    1 thousand tonnes
  4. Prefabricated buildings$25 million · 2.2%
    10 thousand tonnes
  5. Generating sets$21 million · 1.9%
    2 thousand tonnes
  6. Furniture$20 million · 1.8%
    7 thousand tonnes · Turkey’s destinations
  7. Liquid pumps$19 million · 1.8%
    940 tonnes
  8. Pesticides and herbicides$18 million · 1.7%
    3 thousand tonnes
  9. 914 tonnes
  10. Uninsulated aluminum cable$18 million · 1.6%
    6 thousand tonnes

What Turkmenistan sells to Turkey

The top 10 headings in 2024, with their share of the total.

  1. Refined petroleum$830 million · 77.5%
    1.6 million tonnes · Turkmenistan’s destinations
  2. Cotton yarn$62 million · 5.8%
    32 thousand tonnes
  3. Nitrogen fertilizers$53 million · 4.9%
    163 thousand tonnes
  4. Potash fertilizers$29 million · 2.7%
    102 thousand tonnes
  5. Polypropylene$22 million · 2.1%
    20 thousand tonnes · Turkey’s sources
  6. Heavy cotton fabric$13 million · 1.2%
    4 thousand tonnes
  7. 164 tonnes
  8. Raw cotton$10 million · 0.91%
    7 thousand tonnes · Turkey’s sources
  9. Tanned cattle hides$8 million · 0.71%
    10 thousand tonnes
  10. Lightweight cotton fabric$6 million · 0.59%
    4 thousand tonnes

How it travels

Estimated sea route from Istanbul to Bandar Abbas (Iran).

The estimated sea route between Istanbul and Bandar Abbas (Iran) is 12,021 nautical miles (22,262 km) long: ≈ 28–36 days at sea (at 18 and 14 knots).

Because of the 2024 disruptions, traffic is split: 85% via the Dardanelles, the Strait of Gibraltar and the Cape of Good Hope (12,021 nautical miles); and 15% via the Dardanelles, the Suez Canal and the Bab-el-Mandeb Strait (3,726 nautical miles).

Turkmenistan is landlocked: it ships through Bandar Abbas (Iran).

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$2.1 billion · 96.8%
  2. Air$70 million · 3.2%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Turkmenistan was Turkey’s 51st largest trading partner (0.4% of its trade), and Turkey was Turkmenistan’s 2nd (12%).

Turkmenistan in Turkey’s trade
0.4%
Turkmenistan’s rank among Turkey’s partners
51st
Turkey in Turkmenistan’s trade
12.4%
Turkey’s rank among Turkmenistan’s partners
2nd

Compare with

Other partners of Turkmenistan

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.