Turkmenistan recorded a trade surplus of 3258.16 USD Million in 2020. source: SESRIC - The Statistical, Economic & Social Res. & Training Centre for Islamic Countries

Balance of Trade in Turkmenistan averaged 1820.81 USD Million from 1992 until 2020, reaching an all time high of 7495.52 USD Million in 2019 and a record low of -2945.38 USD Million in 2009. This page provides - Turkmenistan Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Turkmenistan Balance of Trade - values, historical data and charts - was last updated on July of 2021.

Balance of Trade in Turkmenistan is expected to reach 3827.00 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Turkmenistan Balance of Trade is projected to trend around 3748.00 USD Million in 2022, according to our econometric models.

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Turkmenistan Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
3258.16 7495.52 7495.52 -2945.38 1992 - 2020 USD Million Yearly

Turkmenistan Trade Last Previous Highest Lowest Unit
Balance of Trade 3258.16 7495.52 7495.52 -2945.38 USD Million [+]
Current Account 418.00 481.00 4037.00 -7105.00 USD Million [+]
Current Account to GDP 0.50 1.30 16.50 -107.87 percent of GDP [+]
Imports 3127.13 2993.26 8507.42 141.49 USD Million [+]
Exports 6385.29 10488.78 11505.31 64.34 USD Million [+]
Terrorism Index 0.00 0.00 0.23 0.00 [+]
Crude Oil Production 186.00 186.00 316.00 69.00 BBL/D/1K [+]
External Debt 567628.38 907329.37 2732208.00 276435.00 USD Thousand [+]


Turkmenistan Balance of Trade
Turkmenistan is a major exporter of natural gas and oil. Yet, commodities price fluctuations and issues with infrastructure very often led to trade deficits. Turkmenistan’s other exports include cotton, polymers, cotton, textiles and vegetable products. Turkmenistan mainly imports iron and steel pipes, heavy construction equipment, wheat, grading machinery and vehicles. Turkmenistan's main trading partners are China, Turkey, Russia, the United Arab Emirates, Germany, the Ukraine, Italy and Iran.